355 GREENER HILLS, Heber City, UT 84032
5BD/—BA Residential in Heber City, UT 84032. 8,835 sqft. Built 2023. Listed at $12,500,000. MLS #2152102.
5BD/—BA Residential in Heber City, UT 84032. 8,835 sqft. Built 2023. Listed at $12,500,000. MLS #2152102.
One of Heber Valley's most remarkable legacy estates, 28 private acres of pristine mountain living tucked just east of the Red Ledges community. Positioned to capture commanding views of the Heber Valley, Mount Timpanogos, and Deer Creek Reservoir, this extraordinary ranch blends the freedom of wide-open land with the refined comforts of a luxury mountain retreat. This estate sets a tone of grand yet understated elegance. A long, sweeping driveway and the very spacious three-car garage and introduce this estate designed for both function and beauty. For equestrian lovers, the "horse hotel" is nothing short of exceptional-five well-built stables, ample room for gear and tack, and beautifully finished guest quarters above, creating a one-of-a-kind destination for visitors or caretakers. Inside the home, warm natural light and expansive views greet you at every turn. The main-level primary suite is a resort-caliber sanctuary featuring a generous dressing room, an indulgent soaker tub, and a luxury oversized shower. The chef's kitchen is equally impressive, equipped with high-end appliances and designed for effortless entertaining. A main-level theater room-perfectly placed so it actually gets used-creates the ideal setting for movie nights and gatherings. Upstairs, a dedicated private office offers quiet workspace, while the expansive bunk room sleeps an incredible 16 guests, making it the ultimate family or group getaway. The lower level adds even more flexibility with a kitchenette, three additional bedrooms, and comfortable living spaces designed for long-term guests or multi-generational living. Recreation is woven into every inch of the property. Challenge friends and family on your private pickleball court, or perfect your short game on professionally inspired British Openstyle pot bunkers-an amenity rarely seen. This ranch isn't just a residence; it's a retreat crafted for those who appreciate luxury paired with adventure. No detail has been overlooked in ensuring year-round comfort and convenience: the home features four furnaces, EV charging, and thoughtful storage throughout. Secluded, scenic, and exceptionally well-appointed, this 28-acre ranch offers a rare opportunity to own a mountain estate of true distinction-where luxury meets privacy, recreation meets relaxation, and every day feels like an escape.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
4
Subdivision
GREENERHILLS
County
Wasatch
Zoning
Single-Family
Construction
Stone,Cement Siding
Lot Size
28.16 sq ft
Above Grade Area
6,776 sq ft
Condition
Blt./Standing
MLS #
2152102
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
4
Subdivision
GREENERHILLS
County
Wasatch
Zoning
Single-Family
Construction
Stone,Cement Siding
Lot Size
28.16 sq ft
Above Grade Area
6,776 sq ft
Condition
Blt./Standing
MLS #
2152102
List Price
$12,500,000
HOA Fees
$1,800 / Annually
Annual Taxes
$25,356
Home Warranty
No
List Price
$12,500,000
HOA Fees
$1,800 / Annually
Annual Taxes
$25,356
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt,Metal
Flooring
Carpet,Hardwood,Tile
Basement
Daylight,Entrance,Full,Walk-Out Access
Materials
Stone,Cement Siding
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt,Metal
Flooring
Carpet,Hardwood,Tile
Basement
Daylight,Entrance,Full,Walk-Out Access
Materials
Stone,Cement Siding
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Garage Spaces
6
Covered Spaces
6
Total Parking
18
Garage Spaces
6
Covered Spaces
6
Total Parking
18
Classification
Standard
Deal Score
10/100
vs Similar Homes
191% above
vs Market Median
100% above
Area Growth (YoY)
-0.0%
Deal Score Breakdown
10/100
Priced 191% above the median of similar listings
Priced 100% above the per-subtype city median
-0.0% year-over-year ZHVI growth in this area
LT net cashflow -$65,680/mo (-80.9% return on ownership cost) · STR net cashflow -$77,606/mo (-95.6% 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
$17,658/mo
Range: $12,292 – $23,023
Net Monthly Cash Flow
−$65,680 /mo (−$788,155/yr)
Monthly rental income
Monthly ownership cost
Coverage
22%
Net /mo
−$65,680
DSCR
0.25
Est. Annual Revenue
$61,927/yr
$139/night · 43% occupancy · $87/bedroom · $0.11/sqft
Net Monthly Cash Flow
−$77,606 /mo (−$931,272/yr)
Monthly STR income
Monthly ownership cost
Coverage
6%
Net /mo
−$77,606
DSCR
0.06
$850,000
+1371% vs median
117 days
366
$14,900 – $25,000,000
$25,356
$1,800/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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