1353 LOWER LOOKOUT KNOLL, Heber City, UT 84032
4BD/—BA Residential in Heber City, UT 84032. 3,696 sqft. Built 2022. Listed at $3,950,000. MLS #2148633.
4BD/—BA Residential in Heber City, UT 84032. 3,696 sqft. Built 2022. Listed at $3,950,000. MLS #2148633.
Thoughtfully designed and built by JD Construction, this 3,696 square foot residence offers four bedrooms and four and a half bathrooms on a generously sized homesite of over one acre. Designed by Kevin Price, the home blends refined mountain architecture with high-end finishes throughout. The open-concept living space is anchored by a chef's kitchen featuring premium Wolf appliances, seamlessly connecting to the great room and outdoor living areas--ideal for both everyday living and entertaining. The primary suite is a true retreat, highlighted by a spa-inspired bathroom with a custom double shower, heated floors, and bidet fixtures throughout the home for added comfort. Additional features include a large heated driveway for year-round convenience, an oversized heated three-car garage, and a private hot tub to enjoy the surrounding mountain setting. Located within the private, gated community of Red Ledges, residents enjoy world-class amenities, including a Jack Nicklaus Signature Golf Course, Golf Park, tennis, swimming pools, pickleball, fine dining, an award-winning fitness center, an equestrian facility, and a ski program complete with seven-day-a-week shuttle service to Deer Valley East Village.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
2
Subdivision
RED LEDGES
County
Wasatch
Zoning
Single-Family
Construction
Cedar,Stone
Lot Size
1.01 sq ft
Above Grade Area
3,696 sq ft
Condition
Blt./Standing
MLS #
2148633
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
2
Subdivision
RED LEDGES
County
Wasatch
Zoning
Single-Family
Construction
Cedar,Stone
Lot Size
1.01 sq ft
Above Grade Area
3,696 sq ft
Condition
Blt./Standing
MLS #
2148633
List Price
$3,950,000
HOA Fees
$3,400 / Annually
Annual Taxes
$15,180
Home Warranty
No
List Price
$3,950,000
HOA Fees
$3,400 / Annually
Annual Taxes
$15,180
Home Warranty
No
Heating
Forced Air,Radiant Floor
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
None
Materials
Cedar,Stone
Appliances
Ceiling Fan,Dryer,Freezer,Gas Grill/BBQ,Microwave,Range Hood,Refrigerator,Washer
Laundry
Gas Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s),Valley
Heating
Forced Air,Radiant Floor
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
None
Materials
Cedar,Stone
Appliances
Ceiling Fan,Dryer,Freezer,Gas Grill/BBQ,Microwave,Range Hood,Refrigerator,Washer
Laundry
Gas Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s),Valley
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Classification
Standard
Deal Score
45/100
vs Similar Homes
22% above
vs Market Median
137% above
Area Growth (YoY)
4.0%
Deal Score Breakdown
45/100
4.0% year-over-year ZHVI growth in this area
Priced 22% above the median of similar listings
Priced 137% above the per-subtype city median
LT net cashflow -$20,782/mo (-78.4% return on ownership cost) · STR net cashflow -$24,691/mo (-93.2% 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
$6,496/mo
Range: $4,304 – $8,688
Net Monthly Cash Flow
−$20,782 /mo (−$249,388/yr)
Monthly rental income
Monthly ownership cost
Coverage
25%
Net /mo
−$20,782
DSCR
0.29
Est. Annual Revenue
$30,981/yr
$606/night · 54% occupancy · $109/bedroom · $0.12/sqft
Net Monthly Cash Flow
−$24,693 /mo (−$296,311/yr)
Monthly STR income
Monthly ownership cost
Coverage
10%
Net /mo
−$24,691
DSCR
0.09
Best Download
2 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
10
Available Providers
$850,000
+365% vs median
117 days
366
$14,900 – $25,000,000
$15,180
$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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