22 2263, Garden City, UT 84028
8BD/—BA Residential in Garden City, UT 84028. 6,830 sqft. Built 2023. Listed at $1,599,900. MLS #2169389.
8BD/—BA Residential in Garden City, UT 84028. 6,830 sqft. Built 2023. Listed at $1,599,900. MLS #2169389.
Custom luxury home in beautiful Bear Lake, designed for large groups, family reunions, retreats, and year round recreation! Sleeps 35 comfortable. This exceptional property offers expansive gathering spaces, and beautiful lake and mountain views. Home features a welcoming covered porch, stone accents, oversized garage, expansive decks perfectly positioned to enjoy Bear Lake's stunning scenery. Comes fully furnished, with two fully stocked kitchens, two laundry rooms, 5 ensuites, central air and a cozy wood burning stove. Upstairs family room currently being used as an additional bedroom/ensuite. Short term rentals allowed. Close to Bear Lake Golf Course, bike path, ATV trails, restaurants, Bear Lake State Park Marina and 15 min to Beaver Mountain Ski Resort. An outstanding investment opportunity, private retreat, or vacation rental in the heart of Bear Lake!
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
County
Rich
Zoning
Single-Family, Short Term Rental Allowed
Construction
Composition,Stone
Lot Size
0.45 sq ft
Above Grade Area
4,555 sq ft
Condition
Blt./Standing
MLS #
2169389
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
County
Rich
Zoning
Single-Family, Short Term Rental Allowed
Construction
Composition,Stone
Lot Size
0.45 sq ft
Above Grade Area
4,555 sq ft
Condition
Blt./Standing
MLS #
2169389
List Price
$1,599,900
Annual Taxes
$3,114
Home Warranty
No
List Price
$1,599,900
Annual Taxes
$3,114
Home Warranty
No
Heating
Forced Air,Propane,Radiant Floor
Cooling
Central Air
Roof
Asphalt,Pitched
Flooring
Carpet,Tile
Basement
Full,Walk-Out Access
Materials
Composition,Stone
Appliances
Ceiling Fan,Dryer,Microwave,Refrigerator,Washer
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
View
Lake,Mountain(s)
Heating
Forced Air,Propane,Radiant Floor
Cooling
Central Air
Roof
Asphalt,Pitched
Flooring
Carpet,Tile
Basement
Full,Walk-Out Access
Materials
Composition,Stone
Appliances
Ceiling Fan,Dryer,Microwave,Refrigerator,Washer
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
View
Lake,Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
8
Garage Spaces
2
Covered Spaces
2
Total Parking
8
Why this is a deal
Classification
Great Deal (vs Market)
Deal Score
82/100
vs Similar Homes
80% above
vs Market Median
16% below
Area Growth (YoY)
3.5%
Deal Score Breakdown
82/100 · 1 qualifying signal
Priced 16% below the per-subtype city median
3.5% year-over-year ZHVI growth in this area
LT net cashflow -$741/mo (-7.1% return on ownership cost) · STR net cashflow -$7,903/mo (-75.8% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 80% above the median of similar listings
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.
Why this classification
Monthly Rent
$11,003/mo
Range: $3,035 – $18,971
Net Monthly Cash Flow
−$741 /mo (−$8,890/yr)
Monthly rental income
Monthly ownership cost
Coverage
106%
Net /mo
−$741
DSCR
1.21
Est. Annual Revenue
$43,211/yr
$427/night · 40% occupancy · $113/bedroom · $0.18/sqft
Net Monthly Cash Flow
−$7,903 /mo (−$94,835/yr)
Monthly STR income
Monthly ownership cost
Coverage
35%
Net /mo
−$7,903
DSCR
0.31
Best Download
500 Mbps
Best Upload
100 Mbps
Fiber Available
No
Providers
7
Available Providers
$655,000
+144% vs median
145 days
185
$68,500 – $4,400,000
$3,114
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