1922 HIGHWAY 40, Heber City, UT 84032
—BD/—BA Residential in Heber City, UT 84032. 4,825 sqft. Built 2023. Listed at $895,000. MLS #2069481.
—BD/—BA Residential in Heber City, UT 84032. 4,825 sqft. Built 2023. Listed at $895,000. MLS #2069481.
This prime unit at Heber'sMountain View Commons provides maximum flexibility in this newly constructedmixed-use development. This location offers unparalleled accessibility to both Provo and Park City, making it a perfect choice for those looking to capitalize on the region's growth. The property offers unparalleled options with the ability to combineresidential,retail,office,commercial, andwarehousespaces. With approvals already in place for commercial use on the lower two levels and residential use on the top floor, this specific unit providesa significant head start, allowing the next owner to begin development without delay. Designed with versatility in mind, the space features expansive square footage across multiple levels, with generous layouts for commercial or warehouse use, as well as a thoughtfully designed residential space. The property will be delivered as a warm shell, complete with roughed-in electrical and plumbing, insulation on the sidewalls and ceiling, and framed second and third floors-providing a streamlined starting point for your custom build-out. Each end of the units features14-foot glass garage doorsand storefront doors, offering the flexibility to suit a wide range of business or residential needs. Mountain View Commons is conveniently located just30 minutes from Park City ski areas,15 minutes from three reservoirs, and within close proximity to endless outdoor recreational opportunities. With the area's continued growth and the potential this property offers, it's an exceptional opportunity to invest in Heber Valley's future. Plans and permits are available for review and can be fully utilized by the next owner.
Property Type
Residential
Property Style
Townhouse
Architectural Style
Tri/Multi-Level
Stories
3
Subdivision
MOUNTAIN VIEW COMMON
County
Wasatch
Zoning
Multi-Family, Commercial, Short Term Rental Allowed
Construction
Brick,Stone,Stucco,Other
Lot Size
0.04 sq ft
Above Grade Area
4,825 sq ft
Condition
Blt./Standing
MLS #
2069481
Property Type
Residential
Property Style
Townhouse
Architectural Style
Tri/Multi-Level
Stories
3
Subdivision
MOUNTAIN VIEW COMMON
County
Wasatch
Zoning
Multi-Family, Commercial, Short Term Rental Allowed
Construction
Brick,Stone,Stucco,Other
Lot Size
0.04 sq ft
Above Grade Area
4,825 sq ft
Condition
Blt./Standing
MLS #
2069481
List Price
$895,000
Original Price
$995,000
HOA Fees
$117 / Monthly
Annual Taxes
$428
Home Warranty
No
List Price
$895,000
Original Price
$995,000
HOA Fees
$117 / Monthly
Annual Taxes
$428
Home Warranty
No
Heating
Wall Furnace
Roof
Flat,Membrane
Basement
Slab
Materials
Brick,Stone,Stucco,Other
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley,View: Red Rock
Heating
Wall Furnace
Roof
Flat,Membrane
Basement
Slab
Materials
Brick,Stone,Stucco,Other
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley,View: Red Rock
Garage Spaces
2
Covered Spaces
2
Total Parking
12
Garage Spaces
2
Covered Spaces
2
Total Parking
12
Why this is a deal
Classification
Motivated SellerDeal Score
100/100
vs Similar Homes
44% above
vs Market Median
15% below
Price Reduced
10.1%
Area Growth (YoY)
0.9%
Deal Score Breakdown
100/100 · 3 qualifying signals
LT net cashflow +$2,771/mo (+47.5% return on ownership cost) · STR net cashflow -$3,767/mo (-64.5% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
10% price reduction from original list — seller may be motivated
Priced 15% below the per-subtype city median
Priced 44% above the median of similar listings
0.9% year-over-year ZHVI growth in this area
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
$9,783/mo
Range: $2,479 – $17,087
Net Monthly Cash Flow
+$2,770 /mo (+$33,244/yr)
Monthly rental income
Monthly ownership cost
Coverage
168%
Net /mo
+$2,771
DSCR
1.92
Est. Annual Revenue
$35,512/yr
$249/night · 43% occupancy · $74/bedroom · $0.09/sqft
Net Monthly Cash Flow
−$3,767 /mo (−$45,208/yr)
Monthly STR income
Monthly ownership cost
Coverage
51%
Net /mo
−$3,767
DSCR
0.46
School District
Wasatch
Best Download
2 Gbps
Best Upload
2 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$843,000
+6% vs median
101 days
412
$14,900 – $31,000,000
$428
$117/monthly
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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Devin Tanner - Utah Realtor
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