2923 JORDANELLE VIEW, Heber City, UT 84032
6BD/—BA Residential in Heber City, UT 84032. 11,419 sqft. Built 2025. Listed at $25,000,000. MLS #2059043.
6BD/—BA Residential in Heber City, UT 84032. 11,419 sqft. Built 2025. Listed at $25,000,000. MLS #2059043.
Nestled in the prestigious Deer Crest Estates of Deer Valley, this brand-new masterpiece, designed by world-renowned architect Michael Upwall and crafted by Jackson LeRoy, offers unparalleled luxury and craftsmanship. Located on a private 0.74-acre lot at the end of a quiet cul-de-sac, this home boasts unobstructed views of the Jordanelle Reservoir and offers direct Ski In/Ski Out access. Spanning 11,419 square feet, the home features 6 en-suite bedrooms, including an extraordinary bunk room and 3 master suites, each a private sanctuary. The design blends contemporary elegance with luxurious living spaces, ensuring comfort throughout. High-end amenities include a luxurious aprs-ski lounge, a custom glass elevator, a theater room, and a gym room, while radiant heat flows throughout, including the heated driveway, providing warmth year-round. The Grand Master suite, perched on the top floor, offers panoramic views of the Jordanelle Reservoir from its private deck-perfect for serene mornings or breathtaking sunsets. Designed for grand entertaining, the home features multiple outdoor living areas that seamlessly blend with the indoor spaces, making it perfect for hosting family and friends or enjoying intimate moments. With its blend of luxury, sophistication, and Ski In/Ski Out access, this home represents the ultimate in Deer Valley living.
Property Type
Residential
Property Style
Single Family Residence
Stories
4
Subdivision
DEER CREST ESTATES
County
Wasatch
Zoning
Single-Family
Construction
Stone,Metal Siding,Other
Lot Size
0.74 sq ft
Above Grade Area
4,353 sq ft
MLS #
2059043
Property Type
Residential
Property Style
Single Family Residence
Stories
4
Subdivision
DEER CREST ESTATES
County
Wasatch
Zoning
Single-Family
Construction
Stone,Metal Siding,Other
Lot Size
0.74 sq ft
Above Grade Area
4,353 sq ft
MLS #
2059043
List Price
$25,000,000
HOA Fees
$10,760 / Annually
Annual Taxes
$1
Home Warranty
No
List Price
$25,000,000
HOA Fees
$10,760 / Annually
Annual Taxes
$1
Home Warranty
No
Heating
Forced Air,Radiant Floor
Cooling
Central Air
Roof
Metal
Flooring
Carpet,Hardwood,Tile
Basement
Full
Materials
Stone,Metal Siding,Other
Appliances
Dryer,Freezer,Gas Grill/BBQ,Microwave,Range Hood,Refrigerator,Washer
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
View
Lake,Mountain(s)
Heating
Forced Air,Radiant Floor
Cooling
Central Air
Roof
Metal
Flooring
Carpet,Hardwood,Tile
Basement
Full
Materials
Stone,Metal Siding,Other
Appliances
Dryer,Freezer,Gas Grill/BBQ,Microwave,Range Hood,Refrigerator,Washer
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
View
Lake,Mountain(s)
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Classification
Standard
Deal Score
10/100
vs Similar Homes
292% above
vs Market Median
69% above
Area Growth (YoY)
-5.8%
Deal Score Breakdown
10/100
Priced 292% above the median of similar listings
Priced 69% above the per-subtype city median
-5.8% year-over-year ZHVI growth in this area
LT net cashflow -$120,399/mo (-75.1% return on ownership cost) · STR net cashflow -$143,936/mo (-89.8% 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.
Monthly Rent
$45,285/mo
Range: $33,180 – $57,389
Net Monthly Cash Flow
−$120,398 /mo (−$1,444,780/yr)
Monthly rental income
Monthly ownership cost
Coverage
28%
Net /mo
−$120,399
DSCR
0.32
Est. Annual Revenue
$279,657/yr
$4,069/night · 32% occupancy · $1,127/bedroom · $1.25/sqft
Net Monthly Cash Flow
−$143,936 /mo (−$1,727,227/yr)
Monthly STR income
Monthly ownership cost
Coverage
15%
Net /mo
−$143,936
DSCR
0.13
Best Download
2 Gbps
Best Upload
1 Gbps
Fiber Available
No
Providers
7
Available Providers
$843,000
+2866% vs median
103 days
409
$14,900 – $25,000,000
$1
$10,760/annually
Moderate
7.8
per 1,000
22.4
per 1,000
14.8
per 1,000
45.0
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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Daryn Edmunds - High Road Properties

Devin Tanner - Utah Realtor

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