515 INVERNESS, Heber City, UT 84032
4BD/—BA Residential in Heber City, UT 84032. 1,708 sqft. Built 1999. Listed at $499,000. MLS #2153275.
4BD/—BA Residential in Heber City, UT 84032. 1,708 sqft. Built 1999. Listed at $499,000. MLS #2153275.
This inviting 4-bedroom, 2-bath townhouse in Heber offers the perfect mix of modern updates, comfort, and mountain-town charm. The home features a fully updated kitchen with stylish finishes, upgraded lighting throughout, and beautifully refreshed bathrooms. A cleverly designed coffee and appliance station adds a unique touch, making everyday living both convenient and enjoyable. Great views of the Timpanogos nestled in a quiet neighborhood, this property includes a one-car garage. Its prime location provides easy access to the endless outdoor recreation that Heber Valley is known for-from hiking and biking to skiing and fishing. Step outside to your private backyard, an ideal space to relax and unwind after a day of adventure. Whether you're enjoying the fresh mountain air or taking in the peaceful surroundings, this outdoor area adds an extra layer of livability to the home. Perfect as a primary residence or a getaway retreat, this townhouse combines thoughtful upgrades, scenic beauty, and a highly desirable location.
Property Type
Residential
Property Style
Condominium
Stories
3
Subdivision
MUIRFIELD
County
Wasatch
Construction
Stucco
Lot Size
0.04 sq ft
Above Grade Area
1,708 sq ft
Condition
Blt./Standing
MLS #
2153275
Property Type
Residential
Property Style
Condominium
Stories
3
Subdivision
MUIRFIELD
County
Wasatch
Construction
Stucco
Lot Size
0.04 sq ft
Above Grade Area
1,708 sq ft
Condition
Blt./Standing
MLS #
2153275
List Price
$499,000
Original Price
$520,000
HOA Fees
$69 / Monthly
Annual Taxes
$2,107
Home Warranty
No
List Price
$499,000
Original Price
$520,000
HOA Fees
$69 / Monthly
Annual Taxes
$2,107
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Slab
Materials
Stucco
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Slab
Materials
Stucco
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Why this is a deal
Classification
Great Deal (vs Market)
Deal Score
100/100
vs Similar Homes
31% above
vs Market Median
65% below
Price Reduced
4.0%
Area Growth (YoY)
1.5%
Deal Score Breakdown
100/100 · 1 qualifying signal
Priced 65% below the per-subtype city median
4% price reduction from original list — seller may be motivated
1.5% year-over-year ZHVI growth in this area
Priced 31% above the median of similar listings
STR net cashflow -$2,258/mo (-66.5% 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
Est. Annual Revenue
$19,512/yr
$256/night · 48% occupancy · $84/bedroom · $0.12/sqft
Net Monthly Cash Flow
−$2,258 /mo (−$27,102/yr)
Monthly STR income
Monthly ownership cost
Coverage
48%
Net /mo
−$2,258
DSCR
0.46
School District
Wasatch
$850,000
-41% vs median
117 days
366
$14,900 – $25,000,000
$2,107
$69/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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Devin Tanner - Utah Realtor
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