1243 1040, Heber City, UT 84032
3BD/—BA Residential in Heber City, UT 84032. 3,553 sqft. Built 2022. Listed at $920,000. MLS #2142554.
3BD/—BA Residential in Heber City, UT 84032. 3,553 sqft. Built 2022. Listed at $920,000. MLS #2142554.
Welcome to 1243 S 1040 E, an exceptional single-family residence for sale spanning 3,553 square feet on a premier 0.28-acre cul-de-sac lot in the highly sought-after Brookside subdivision of Heber City, Utah. Built in 2021, this traditional two-story masterpiece seamlessly blends luxury finishes with practical, functional design. The inviting, open-concept main floor features soaring 9-foot-plus ceilings, striking open beams, and a cozy gas fireplace, flowing effortlessly into a chef-inspired kitchen complete with a walk-in pantry and premium gas appliances. Up the stairs, you will find a dedicated home office den, a convenient laundry room, and three generously sized bedrooms-including a primary suite retreat boasting an oversized walk-in closet and a spa-like jetted tub. Elegant laminate, durable tile, and plush carpet sweep underfoot, while luxury plantation shutters frame stunning valley views. For those looking to maximize their equity, the full, unfinished basement offers an expansive blank canvas ready to be converted into a custom home theater, gym, or extra guest suites. Outdoor enthusiasts and adventure lovers will appreciate the property's exterior durability, clad in stone, stucco, and HardiPlank cement siding, accented by a massive, dedicated 50-foot RV parking pad running down the side of the home. Paired with the attached 2-car garage, this spacious setup easily accommodates up to six vehicles for your trucks, boats, and trailers. Step outside onto the covered back patio to soak in breathtaking, unobstructed Wasatch Back mountain views, or host summer gatherings utilizing the pre-stubbed gas BBQ line-all while enjoying an effortlessly maintained yard complete with automated sprinklers and partial drip irrigation. Located within a top-tier school district (Daniels Canyon Elementary, Timpanogos Middle, and Wasatch High) and managed by a low-fee HOA, this property is a premium opportunity. Offering a truly turnkey solution for a primary residence or secondary vacation retreat, the custom home furnishings are also negotiable via a separate bill of sale.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
BROOKSIDE
County
Wasatch
Zoning
Single-Family, Short Term Rental Allowed
Construction
Stone,Stucco,Cement Siding
Lot Size
0.28 sq ft
Above Grade Area
2,505 sq ft
Condition
Blt./Standing
MLS #
2142554
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
BROOKSIDE
County
Wasatch
Zoning
Single-Family, Short Term Rental Allowed
Construction
Stone,Stucco,Cement Siding
Lot Size
0.28 sq ft
Above Grade Area
2,505 sq ft
Condition
Blt./Standing
MLS #
2142554
List Price
$920,000
HOA Fees
$135 / Monthly
Annual Taxes
$6,211
Home Warranty
No
List Price
$920,000
HOA Fees
$135 / Monthly
Annual Taxes
$6,211
Home Warranty
No
Heating
>= 95% efficiency
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate,Tile
Basement
Full
Materials
Stone,Stucco,Cement Siding
Appliances
Dryer,Microwave,Refrigerator,Satellite Dish,Washer
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Public
Heating
>= 95% efficiency
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate,Tile
Basement
Full
Materials
Stone,Stucco,Cement Siding
Appliances
Dryer,Microwave,Refrigerator,Satellite Dish,Washer
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Public
Garage Spaces
2
Covered Spaces
2
Total Parking
6
Garage Spaces
2
Covered Spaces
2
Total Parking
6
Why this is a deal
Classification
Great Deal (vs Market)
Deal Score
92/100
vs Similar Homes
7% above
vs Market Median
26% below
Area Growth (YoY)
0.9%
Deal Score Breakdown
92/100 · 1 qualifying signal
Priced 26% below the per-subtype city median
Priced 7% above the median of similar listings
0.9% year-over-year ZHVI growth in this area
LT net cashflow -$2,314/mo (-35.4% return on ownership cost) · STR net cashflow -$5,851/mo (-89.5% 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.
Why this classification
Monthly Rent
$4,804/mo
Range: $3,890 – $5,717
Net Monthly Cash Flow
−$2,313 /mo (−$27,756/yr)
Monthly rental income
Monthly ownership cost
Coverage
73%
Net /mo
−$2,314
DSCR
0.91
Est. Annual Revenue
$11,827/yr
$213/night · 32% occupancy · $59/bedroom · $0.07/sqft
Net Monthly Cash Flow
−$5,851 /mo (−$70,217/yr)
Monthly STR income
Monthly ownership cost
Coverage
15%
Net /mo
−$5,851
DSCR
0.15
Best Download
2 Gbps
Best Upload
2 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$845,000
+9% vs median
108 days
395
$14,900 – $24,000,000
$6,211
$135/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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