241 FLOUR MILL, Heber City, UT 84032
5BD/—BA Residential in Heber City, UT 84032. 3,624 sqft. Built 2007. Listed at $929,000. MLS #2154670.
5BD/—BA Residential in Heber City, UT 84032. 3,624 sqft. Built 2007. Listed at $929,000. MLS #2154670.
If you've been searching for something truly special, this is the one that stands apart. Tucked within the sought-after Mill Road Estates, this property blends the charm of a welcoming neighborhood with the privacy and space you rarely find. Completely remodeled and thoughtfully updated throughout, this 5-bedroom, 3.5-bath home offers a fresh, modern feel while maintaining warmth and character. From the moment you step inside, you're greeted by a grand entry, vaulted ceilings, and updated finishes. With generous living spaces and overflow parking, there's room for both everyday living and hosting with ease. Step outside and discover a massive backyard built for making memories. Whether it's evening gatherings, weekend barbecues, or simply unwinding after a long day, this private outdoor retreat delivers. This home isn't just move-in ready-it's been reimagined for modern living, inside and out. A rare opportunity to own a fully updated home with space, personality, and an outdoor setting that truly sets it apart.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
MILL ROAD ESTATES
County
Wasatch
Zoning
Single-Family
Construction
Stone,Stucco
Lot Size
0.4 sq ft
Above Grade Area
2,442 sq ft
Condition
Blt./Standing
MLS #
2154670
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
MILL ROAD ESTATES
County
Wasatch
Zoning
Single-Family
Construction
Stone,Stucco
Lot Size
0.4 sq ft
Above Grade Area
2,442 sq ft
Condition
Blt./Standing
MLS #
2154670
List Price
$929,000
HOA Fees
$200 / Annually
Annual Taxes
$4,817
Home Warranty
No
List Price
$929,000
HOA Fees
$200 / Annually
Annual Taxes
$4,817
Home Warranty
No
Heating
Gas: Central,>= 95% efficiency
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Full
Materials
Stone,Stucco
Appliances
Microwave
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio & Porch
Covered,Porch: Open
Water Source
Culinary,Irrigation: Pressure
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Gas: Central,>= 95% efficiency
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Full
Materials
Stone,Stucco
Appliances
Microwave
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio & Porch
Covered,Porch: Open
Water Source
Culinary,Irrigation: Pressure
Sewer
Sewer: Connected
View
Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
5
Garage Spaces
2
Covered Spaces
2
Total Parking
5
Why this is a deal
Classification
Great Deal (vs Market)
Deal Score
82/100
vs Similar Homes
5% below
vs Market Median
19% below
Area Growth (YoY)
1.1%
Deal Score Breakdown
82/100 · 1 qualifying signal
Priced 19% below the per-subtype city median
Priced 5% below the median of similar listings
LT net cashflow -$596/mo (-9.5% return on ownership cost) · STR net cashflow -$4,599/mo (-73.2% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
1.1% year-over-year ZHVI growth in this area
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
$6,466/mo
Range: $4,284 – $8,648
Net Monthly Cash Flow
−$596 /mo (−$7,153/yr)
Monthly rental income
Monthly ownership cost
Coverage
103%
Net /mo
−$596
DSCR
1.23
Est. Annual Revenue
$28,918/yr
$182/night · 54% occupancy · $70/bedroom · $0.08/sqft
Net Monthly Cash Flow
−$4,598 /mo (−$55,179/yr)
Monthly STR income
Monthly ownership cost
Coverage
38%
Net /mo
−$4,599
DSCR
0.36
School District
Wasatch
Best Download
2 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$850,000
+9% vs median
117 days
366
$14,900 – $25,000,000
$4,817
$200/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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Devin Tanner - Utah Realtor
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