1056 BEAR LAKE, Garden City, UT 84028
3BD/—BA Residential in Garden City, UT 84028. 4,915 sqft. Built 2023. Listed at $4,400,000. MLS #2153860.
3BD/—BA Residential in Garden City, UT 84028. 4,915 sqft. Built 2023. Listed at $4,400,000. MLS #2153860.
Where modern design meets refined lakefront living on the shores of Bear Lake-this is truly a one-of-a-kind property. Welcome to Edgewater, a Parade of Homes award-winning residence in Garden City, Utah. This 3-bedroom, 3-bath home offers a rare opportunity to own a truly distinctive property-blending striking architecture, resort-caliber amenities, and a seamless connection to the outdoors. Offered fully furnished, this turnkey residence allows for immediate enjoyment or effortless use as a luxury retreat. Expansive floor-to-ceiling windows frame panoramic lake views, filling the home with natural light. Vaulted beams, concrete walls, and curated contemporary finishes create a bold yet inviting aesthetic throughout. The chef's kitchen serves as the centerpiece, featuring custom cabinetry, premium appliances, and an oversized island designed for both everyday living and entertaining. The home comfortably accommodates up to 12, with a thoughtfully designed layout that balances privacy and gathering spaces. A luxurious primary suite offers a spa-inspired ensuite, while custom-built bunk rooms provide flexibility for hosting family and guests. Resort-style amenities elevate the experience at every turn. A heated indoor pool opens to a private courtyard through retractable doors, creating true indoor-outdoor living. Spa-quality bathrooms include heated floors, towel warmers, bidets, and digital shower systems. Integrated audio, multiple entertainment zones, and a garage lounge add to the home's modern convenience and appeal. Step outside to direct Bear Lake access and take in the natural beauty that defines the property. Whether enjoying quiet mornings on the water or hosting evenings by the lake, this unique property is designed to make the most of its exceptional setting. This is more than a home-it's a statement property. With award-winning design, advanced features, and a premier lakefront location, this one represents a rare blend of luxury, privacy, and architectural distinction. Please see Agent Remarks for details on Square Footage.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
1
County
Rich
Construction
Composition,Concrete
Lot Size
0.57 sq ft
Above Grade Area
4,915 sq ft
Condition
Blt./Standing
MLS #
2153860
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
1
County
Rich
Construction
Composition,Concrete
Lot Size
0.57 sq ft
Above Grade Area
4,915 sq ft
Condition
Blt./Standing
MLS #
2153860
List Price
$4,400,000
Annual Taxes
$3,244
Home Warranty
No
List Price
$4,400,000
Annual Taxes
$3,244
Home Warranty
No
Heating
Forced Air,Gas: Central,Radiant Floor
Cooling
Central Air
Roof
Metal
Flooring
Tile
Basement
None
Materials
Composition,Concrete
Appliances
Ceiling Fan,Dryer,Microwave,Range Hood,Refrigerator,Washer
Patio & Porch
Patio: Open
Water Source
Culinary
View
Lake,Mountain(s)
Heating
Forced Air,Gas: Central,Radiant Floor
Cooling
Central Air
Roof
Metal
Flooring
Tile
Basement
None
Materials
Composition,Concrete
Appliances
Ceiling Fan,Dryer,Microwave,Range Hood,Refrigerator,Washer
Patio & Porch
Patio: Open
Water Source
Culinary
View
Lake,Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
6
Garage Spaces
2
Covered Spaces
2
Total Parking
6
Classification
Standard
Deal Score
10/100
vs Similar Homes
330% above
vs Market Median
344% above
Area Growth (YoY)
0.8%
Deal Score Breakdown
10/100
Priced 330% above the median of similar listings
Priced 344% above the per-subtype city median
0.8% year-over-year ZHVI growth in this area
STR net cashflow -$26,847/mo (-95.7% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
No price reduction from original list
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Est. Annual Revenue
$20,836/yr
$977/night · 36% occupancy · $133/bedroom
Net Monthly Cash Flow
−$26,848 /mo (−$322,180/yr)
Monthly STR income
Monthly ownership cost
Coverage
6%
Net /mo
−$26,847
DSCR
0.06
Best Download
1 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
6
Available Providers
$670,000
+557% vs median
150 days
168
$72,150 – $4,400,000
$3,244
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