1011 MILL, Heber City, UT 84032
4BD/—BA Residential in Heber City, UT 84032. 5,595 sqft. Built 2024. Listed at $2,545,000. MLS #2155192.
4BD/—BA Residential in Heber City, UT 84032. 5,595 sqft. Built 2024. Listed at $2,545,000. MLS #2155192.
Mountain and lake views paired with high-end upgrades make this home stand out! Situated on a .35-acre lot, this home offers an open layout with 10-foot ceilings and a great room centered around a stone fireplace. The expanded kitchen-with two large islands, custom cabinetry, integrated LED lighting, dual dishwashers, and high-end GE Monogram and SubZero appliances, plus wine and beverage coolers-makes this home ideal for entertaining. LVP flooring runs throughout, complemented by a modern glass and steel staircase and a CUBE pneumatic vacuum elevator for easy access upstairs. The upper-level library or office, complete with a fireplace, custom shelving, and sliding glass doors, will quickly become your favorite room in the house. The primary suite captures Mount Timpanogos views and includes a stacked washer and dryer. Bathrooms are updated with walk-in showers and frameless glass. Additional features include whole-house water filtration, radon mitigation, an owned security system, and a 3-car garage with epoxy floors, heater, and EV charging. Exterior upgrades include fresh paint, sealed concrete, and custom cedar fencing. Minutes to Deer Valley East Village, Park City, and Sundance-this is a rare opportunity to own a thoughtfully upgraded home with views, design, and location all in one.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
2
Subdivision
VALLEY HEIGHTS
County
Wasatch
Zoning
Single-Family
Construction
Cedar,Stone
Lot Size
0.35 sq ft
Above Grade Area
5,595 sq ft
Condition
Blt./Standing
MLS #
2155192
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
2
Subdivision
VALLEY HEIGHTS
County
Wasatch
Zoning
Single-Family
Construction
Cedar,Stone
Lot Size
0.35 sq ft
Above Grade Area
5,595 sq ft
Condition
Blt./Standing
MLS #
2155192
List Price
$2,545,000
HOA Fees
$200 / Annually
Annual Taxes
$4,854
Home Warranty
No
List Price
$2,545,000
HOA Fees
$200 / Annually
Annual Taxes
$4,854
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Tile
Basement
None
Materials
Cedar,Stone
Appliances
Ceiling Fan,Dryer,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio & Porch
Porch: Open,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Lake,Mountain(s),Valley
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Tile
Basement
None
Materials
Cedar,Stone
Appliances
Ceiling Fan,Dryer,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio & Porch
Porch: Open,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Lake,Mountain(s),Valley
Garage Spaces
3
Covered Spaces
3
Total Parking
9
Garage Spaces
3
Covered Spaces
3
Total Parking
9
Why this is a deal
Classification
Exceptional DealDeal Score
100/100
vs Similar Homes
27% below
vs Market Median
27% below
Area Growth (YoY)
2.1%
Deal Score Breakdown
100/100 · 2 qualifying signals
Priced 27% below the median of similar listings
Priced 27% below the per-subtype city median
2.1% year-over-year ZHVI growth in this area
LT net cashflow -$7,654/mo (-46.4% return on ownership cost) · STR net cashflow -$14,278/mo (-86.6% 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.
Why this classification
Monthly Rent
$10,048/mo
Range: $6,658 – $13,439
Net Monthly Cash Flow
−$7,655 /mo (−$91,854/yr)
Monthly rental income
Monthly ownership cost
Coverage
61%
Net /mo
−$7,654
DSCR
0.70
Est. Annual Revenue
$38,024/yr
$393/night · 52% occupancy · $98/bedroom · $0.15/sqft
Net Monthly Cash Flow
−$14,277 /mo (−$171,322/yr)
Monthly STR income
Monthly ownership cost
Coverage
19%
Net /mo
−$14,278
DSCR
0.17
Best Download
2 Gbps
Best Upload
1 Gbps
Fiber Available
No
Providers
9
Available Providers
$850,000
+199% vs median
117 days
366
$14,900 – $25,000,000
$4,854
$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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