2414 FLAT TOP MOUNTAIN, Heber City, UT 84032
5BD/—BA Residential in Heber City, UT 84032. 6,129 sqft. Built 2021. Listed at $4,750,000. MLS #2143165.
5BD/—BA Residential in Heber City, UT 84032. 6,129 sqft. Built 2021. Listed at $4,750,000. MLS #2143165.
Perched within the private development of Red Ledges community, this exceptional residence captures the essence of refined mountain living. Thoughtfully designed to frame sweeping views of the Heber Valley, Mt. Timpanogos, and the surrounding Wasatch peaks, the home blends timeless architecture with elevated finishes throughout. Expansive windows, warm natural materials, and an open, inviting layout to create a seamless connection between indoor comfort and the stunning outdoor landscape. The gourmet kitchen, generous great room, and spacious outdoor living areas make the home ideal for both quiet relaxation and effortless entertaining. Luxurious bedroom suites offer privacy and comfort, while flexible spaces accommodate office needs, fitness, or guest overflow. Situated minutes from worldclass skiing, hiking, and the amenities of Red Ledges. This property has a Lifestyle Membership available with club deposit. A standout opportunity to own a beautifully crafted home in one of Utah's premier gated communities, where every day feels like a retreat.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
RED LEDGES
County
Wasatch
Zoning
Single-Family
Construction
Stone,Metal Siding,Other
Lot Size
0.52 sq ft
Above Grade Area
3,064 sq ft
Condition
Blt./Standing
MLS #
2143165
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
RED LEDGES
County
Wasatch
Zoning
Single-Family
Construction
Stone,Metal Siding,Other
Lot Size
0.52 sq ft
Above Grade Area
3,064 sq ft
Condition
Blt./Standing
MLS #
2143165
List Price
$4,750,000
Original Price
$4,900,000
HOA Fees
$3,400 / Annually
Annual Taxes
$22,195
Home Warranty
No
List Price
$4,750,000
Original Price
$4,900,000
HOA Fees
$3,400 / Annually
Annual Taxes
$22,195
Home Warranty
No
Heating
Electric,Forced Air,Gas: Central,Radiant Floor
Cooling
Central Air
Roof
Asphalt,Metal
Flooring
Carpet,Hardwood,Tile
Basement
Walk-Out Access
Materials
Stone,Metal Siding,Other
Appliances
Microwave,Refrigerator
Patio & Porch
Covered,Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Lake,Mountain(s),Valley
Heating
Electric,Forced Air,Gas: Central,Radiant Floor
Cooling
Central Air
Roof
Asphalt,Metal
Flooring
Carpet,Hardwood,Tile
Basement
Walk-Out Access
Materials
Stone,Metal Siding,Other
Appliances
Microwave,Refrigerator
Patio & Porch
Covered,Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Lake,Mountain(s),Valley
Garage Spaces
3
Covered Spaces
3
Total Parking
7
Garage Spaces
3
Covered Spaces
3
Total Parking
7
Classification
Standard
Deal Score
45/100
vs Similar Homes
11% above
vs Market Median
37% above
Price Reduced
3.1%
Area Growth (YoY)
1.5%
Deal Score Breakdown
45/100
3% price reduction from original list — seller may be motivated
1.5% year-over-year ZHVI growth in this area
Priced 11% above the median of similar listings
Priced 37% above the per-subtype city median
LT net cashflow -$22,445/mo (-69.0% return on ownership cost) · STR net cashflow -$29,911/mo (-91.9% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
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
$11,466/mo
Range: $8,422 – $14,509
Net Monthly Cash Flow
−$22,445 /mo (−$269,338/yr)
Monthly rental income
Monthly ownership cost
Coverage
35%
Net /mo
−$22,445
DSCR
0.42
Est. Annual Revenue
$44,976/yr
$606/night · 77% occupancy · $113/bedroom · $0.12/sqft
Net Monthly Cash Flow
−$29,911 /mo (−$358,930/yr)
Monthly STR income
Monthly ownership cost
Coverage
12%
Net /mo
−$29,911
DSCR
0.11
Best Download
1 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
8
Available Providers
$843,000
+463% vs median
107 days
398
$14,900 – $24,000,000
$22,195
$3,400/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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