1549 LOST COLT, Heber City, UT 84032
5BD/—BA Residential in Heber City, UT 84032. 3,724 sqft. Built 1997. Listed at $1,150,000. MLS #2148367.
5BD/—BA Residential in Heber City, UT 84032. 3,724 sqft. Built 1997. Listed at $1,150,000. MLS #2148367.
Set against the breathtaking backdrop of Heber Valley's open skies and mountain views, this extraordinary one+ acre property offers a rare blend of immediate livability and long-term vision. Anchored by a solid 3,768 sq ft brick home and a versatile shop, the property provides both comfort today and opportunity for tomorrow. The home offers generous square footage and timeless construction, making it ideal as a primary residence, rental, or base of operations while future plans take shape. The on-site shop adds exceptional value-perfect for storage, hobbies, business use, or expansion potential. What truly sets this property apart is its flexibility and scale. With ample acreage in one of Wasatch County's most sought-after areas. Located just minutes from world-class recreation, including Deer Valley Resort, Jordanelle Reservoir, trails, golf, and the charm of downtown Heber City, this property captures the valley's unique balance of rural serenity and modern convenience. Whether your vision is to enjoy the existing home, expand, redevelop, or create something entirely new, this is a once-in-a-generation opportunity to own a versatile property in the heart of Heber Valley-where land, lifestyle, and potential converge.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
WILD MARE FARM
County
Wasatch
Zoning
Single-Family
Construction
Brick
Lot Size
1.17 sq ft
Above Grade Area
1,862 sq ft
Condition
Blt./Standing
MLS #
2148367
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
WILD MARE FARM
County
Wasatch
Zoning
Single-Family
Construction
Brick
Lot Size
1.17 sq ft
Above Grade Area
1,862 sq ft
Condition
Blt./Standing
MLS #
2148367
List Price
$1,150,000
Annual Taxes
$4,644
Home Warranty
No
List Price
$1,150,000
Annual Taxes
$4,644
Home Warranty
No
Heating
Forced Air,Wood
Cooling
Natural Ventilation
Roof
Aluminum
Flooring
Carpet,Hardwood,Tile
Basement
Entrance,Full,Walk-Out Access
Materials
Brick
Appliances
Ceiling Fan,Portable Dishwasher,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Covered,Porch: Open
Water Source
Culinary,Irrigation: Pressure,Rights: Owned,Shares
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Forced Air,Wood
Cooling
Natural Ventilation
Roof
Aluminum
Flooring
Carpet,Hardwood,Tile
Basement
Entrance,Full,Walk-Out Access
Materials
Brick
Appliances
Ceiling Fan,Portable Dishwasher,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Covered,Porch: Open
Water Source
Culinary,Irrigation: Pressure,Rights: Owned,Shares
Sewer
Sewer: Connected
View
Mountain(s)
Garage Spaces
5
Covered Spaces
5
Total Parking
5
Garage Spaces
5
Covered Spaces
5
Total Parking
5
Why this is a deal
Classification
Great Deal (vs Market)
Deal Score
92/100
vs Similar Homes
4% above
vs Market Median
21% below
Area Growth (YoY)
3.0%
Deal Score Breakdown
92/100 · 1 qualifying signal
Priced 21% below the per-subtype city median
3.0% year-over-year ZHVI growth in this area
Priced 4% above the median of similar listings
LT net cashflow -$1,262/mo (-16.5% return on ownership cost) · STR net cashflow -$5,206/mo (-68.0% 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
$7,260/mo
Range: $5,054 – $9,466
Net Monthly Cash Flow
−$1,262 /mo (−$15,143/yr)
Monthly rental income
Monthly ownership cost
Coverage
95%
Net /mo
−$1,262
DSCR
1.11
Est. Annual Revenue
$41,915/yr
$137/night · 76% occupancy · $69/bedroom · $0.10/sqft
Net Monthly Cash Flow
−$5,206 /mo (−$62,472/yr)
Monthly STR income
Monthly ownership cost
Coverage
46%
Net /mo
−$5,206
DSCR
0.43
School District
Wasatch
Best Download
2 Gbps
Best Upload
2 Gbps
Fiber Available
Yes
Providers
9
Available Providers
$850,000
+35% vs median
117 days
366
$14,900 – $25,000,000
$4,644
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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