11328 COLUMBINE, Heber City, UT 84032
3BD/—BA Residential in Heber City, UT 84032. 2,434 sqft. Built 1991. Listed at $599,999. MLS #2159659.
3BD/—BA Residential in Heber City, UT 84032. 2,434 sqft. Built 1991. Listed at $599,999. MLS #2159659.
DRAMATIC PRICE REDUCTION BEST VALUE ON THE MOUNTAIN! Exceptional opportunity to own one of Timber Lakes' most compelling values with immediate equity potential! This well-maintained 1991 log cabin features 3 bed, 2 bath, a desirable main-level primary suite, and sits on a private, usable .57-acre lot surrounded by aspens. Recent updates include fresh exterior stain, new light fixtures, bathroom upgrades, and a new Trex deck with decorative hog-wire railing and gas BBQ hookup. Approx. 900 sq ft of unfinished lower-level garage/shop space offers outstanding potential for a garage, workshop, game room, additional living space, creating an incredible opportunity to add value. Located in the private, guard-gated Timber Lakes community just 7 miles E of Heber City with yr-round access, maintained roads, and utilities, plus direct access to the Uinta Nat'l Forest for ATV riding, hiking, snowmobiling, fishing, boating, golfing, and more. Just 30 min to Park City and approx. 1 hr to SLC & Provo. With this significant price improvement, exceptional location, and tremendous upside, this is arguably one of the best investment and value opportunities currently available in Timber Lakes!
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Cabin
Stories
3
Subdivision
TIMBER LAKES
County
Wasatch
Zoning
Single-Family
Construction
Log
Lot Size
0.57 sq ft
Above Grade Area
1,527 sq ft
Condition
Blt./Standing
MLS #
2159659
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Cabin
Stories
3
Subdivision
TIMBER LAKES
County
Wasatch
Zoning
Single-Family
Construction
Log
Lot Size
0.57 sq ft
Above Grade Area
1,527 sq ft
Condition
Blt./Standing
MLS #
2159659
List Price
$599,999
HOA Fees
$2,085 / Annually
Annual Taxes
$4,295
Home Warranty
No
List Price
$599,999
HOA Fees
$2,085 / Annually
Annual Taxes
$4,295
Home Warranty
No
Heating
Wood
Cooling
Natural Ventilation
Roof
Metal
Flooring
Carpet,Hardwood,Tile,Slate
Basement
Entrance,Full,Walk-Out Access
Materials
Log
Appliances
Ceiling Fan,Gas Grill/BBQ,Microwave,Refrigerator
Water Source
Culinary,Private
Sewer
Septic Tank
View
Mountain(s)
Heating
Wood
Cooling
Natural Ventilation
Roof
Metal
Flooring
Carpet,Hardwood,Tile,Slate
Basement
Entrance,Full,Walk-Out Access
Materials
Log
Appliances
Ceiling Fan,Gas Grill/BBQ,Microwave,Refrigerator
Water Source
Culinary,Private
Sewer
Septic Tank
View
Mountain(s)
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 Similar)
Deal Score
97/100
vs Similar Homes
12% below
vs Market Median
22% below
Area Growth (YoY)
-0.9%
Deal Score Breakdown
97/100 · 2 qualifying signals
Priced 22% below the per-subtype city median
Priced 12% below the median of similar listings
-0.9% year-over-year ZHVI growth in this area
LT net cashflow -$1,216/mo (-27.5% return on ownership cost) · STR net cashflow -$3,529/mo (-79.9% 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
$3,637/mo
Range: $2,469 – $4,804
Net Monthly Cash Flow
−$1,215 /mo (−$14,583/yr)
Monthly rental income
Monthly ownership cost
Coverage
82%
Net /mo
−$1,216
DSCR
1.04
Est. Annual Revenue
$15,216/yr
$342/night · 45% occupancy · $96/bedroom · $0.14/sqft
Net Monthly Cash Flow
−$3,527 /mo (−$42,327/yr)
Monthly STR income
Monthly ownership cost
Coverage
29%
Net /mo
−$3,529
DSCR
0.29
Best Download
1 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
4
Available Providers
$843,000
-29% vs median
91 days
424
$14,900 – $31,000,000
$4,295
$2,085/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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