1922 HIGHWAY 40, Heber City, UT 84032
—BD/—BA Residential in Heber City, UT 84032. 5,400 sqft. Built 2026. Listed at $1,945,056. MLS #2130469.
—BD/—BA Residential in Heber City, UT 84032. 5,400 sqft. Built 2026. Listed at $1,945,056. MLS #2130469.
#40, known as The Mercantile floor plan at Mountain View Commons, is a premier offering designed for buyers who demand flexibility, functionality, and long-term value. Often referred to as the "Swiss Army Knife" of the development, this space is delivered 100 percent finished with a Certificate of Occupancy and is ready for immediate use. The property features a 30-by-60-foot footprint with approximately 1,800 square feet per level across three levels, totaling roughly 5,400 square feet plus stairwells, balconies, and related areas. Bathrooms are located on each floor, and the floor plan supports more than 40 permitted uses, making it one of the most versatile assets available. The main level showcases dramatic 18-foot floor-to-ceiling elevations and two oversized 14-foot glass garage doors positioned on opposite ends, allowing for true pull-through access that is ideal for recreational equipment, vehicle, boat, or RV storage, fulfillment operations, or light industrial use. The two upper levels offer exceptional flexibility and are well-suited for open office layouts, Pilates or yoga studios, professional or creative workspaces, or fully customized residential use, giving buyers complete freedom to design the space to meet their specific needs. Each unit isequipped with robust Phase III 200-amp power service, with the option for additional power at the buyer's discretion. With its unmatched adaptability and broad appeal across commercial, industrial, professional, and residential users, The Mercantile floor plan delivers endless configuration possibilities, stronger resale demand, and outstanding long-term marketability.
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-end
Stories
3
Subdivision
MOUNTAIN VIEW COMMONS
County
Wasatch
Zoning
Multi-Family, Commercial, Short Term Rental Allowed
Construction
Brick,Stone,Stucco,Other
Lot Size
0.04 sq ft
Above Grade Area
5,400 sq ft
MLS #
2130469
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-end
Stories
3
Subdivision
MOUNTAIN VIEW COMMONS
County
Wasatch
Zoning
Multi-Family, Commercial, Short Term Rental Allowed
Construction
Brick,Stone,Stucco,Other
Lot Size
0.04 sq ft
Above Grade Area
5,400 sq ft
MLS #
2130469
List Price
$1,945,056
HOA Fees
$117 / Monthly
Annual Taxes
$2,286
Home Warranty
No
List Price
$1,945,056
HOA Fees
$117 / Monthly
Annual Taxes
$2,286
Home Warranty
No
Heating
Wall Furnace
Roof
Flat,Membrane
Basement
None
Materials
Brick,Stone,Stucco,Other
Water Source
Culinary
Sewer
Sewer: Connected,None,Sewer: Public
View
Mountain(s),Valley
Heating
Wall Furnace
Roof
Flat,Membrane
Basement
None
Materials
Brick,Stone,Stucco,Other
Water Source
Culinary
Sewer
Sewer: Connected,None,Sewer: Public
View
Mountain(s),Valley
Garage Spaces
4
Covered Spaces
4
Total Parking
4
Garage Spaces
4
Covered Spaces
4
Total Parking
4
Classification
Standard
Deal Score
30/100
vs Similar Homes
199% above
vs Market Median
2% above
Area Growth (YoY)
0.4%
Deal Score Breakdown
30/100
Priced 2% above the per-subtype city median
Priced 199% above the median of similar listings
0.4% year-over-year ZHVI growth in this area
LT net cashflow -$4,750/mo (-37.5% return on ownership cost) · STR net cashflow -$10,308/mo (-81.4% 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
$8,994/mo
Range: $2,279 – $15,709
Net Monthly Cash Flow
−$4,750 /mo (−$56,996/yr)
Monthly rental income
Monthly ownership cost
Coverage
71%
Net /mo
−$4,750
DSCR
0.81
Est. Annual Revenue
$40,405/yr
$188/night · 54% occupancy · $112/bedroom · $0.15/sqft
Net Monthly Cash Flow
−$10,307 /mo (−$123,679/yr)
Monthly STR income
Monthly ownership cost
Coverage
27%
Net /mo
−$10,308
DSCR
0.24
School District
Wasatch
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$843,000
+131% vs median
101 days
412
$14,900 – $31,000,000
$2,286
$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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