2418 RED KNOB, Heber City, UT 84032
5BD/—BA Residential in Heber City, UT 84032. 7,980 sqft. Built 2026. Listed at $6,750,000. MLS #2159806.
5BD/—BA Residential in Heber City, UT 84032. 7,980 sqft. Built 2026. Listed at $6,750,000. MLS #2159806.
At the top of the Red Ledges, this 7,980 square foot custom residence enjoys a rare setting between the 1st tee and 18th green of the Jack Nicklaus Signature Golf Course. Surrounded by preserved open space and mature native juniper trees on all sides, the property offers an unparalleled level of privacy and sweeping views of Mount Timpanogos, Heber Valley, and Deer Valley East. Thoughtfully designed for indoor-outdoor living, the residence offers three expansive outdoor living spaces totaling over 2,000 square feet, each equipped with gas fire features and wiring for outdoor heaters. Interior highlights include a home theater, gym and wellness room, bunk room, kitchenette, three laundry rooms, and a five-car garage. The kitchen has Sub-Zero and Wolf appliances, and the home is served by four independent heating and cooling systems. Additional features include pre-plumbing for a heated driveway, an outdoor kitchen, full AV wiring. A Full Golf Membership is available with club membership deposit (not Included ) This is a rare opportunity to own a private, legacy-quality home in one of Red Ledges' most desirable locations.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
2
Subdivision
RED LEDGES
County
Wasatch
Zoning
Single-Family
Construction
Stone,Other
Lot Size
0.7 sq ft
Above Grade Area
7,980 sq ft
MLS #
2159806
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
2
Subdivision
RED LEDGES
County
Wasatch
Zoning
Single-Family
Construction
Stone,Other
Lot Size
0.7 sq ft
Above Grade Area
7,980 sq ft
MLS #
2159806
List Price
$6,750,000
HOA Fees
$3,400 / Annually
Annual Taxes
$6,987
Home Warranty
No
List Price
$6,750,000
HOA Fees
$3,400 / Annually
Annual Taxes
$6,987
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Metal
Flooring
Carpet,Hardwood,Tile
Basement
None
Materials
Stone,Other
Appliances
Dryer,Microwave,Range Hood,Refrigerator,Washer
Patio & Porch
Covered,Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Lake,Mountain(s),Valley
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Metal
Flooring
Carpet,Hardwood,Tile
Basement
None
Materials
Stone,Other
Appliances
Dryer,Microwave,Range Hood,Refrigerator,Washer
Patio & Porch
Covered,Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Lake,Mountain(s),Valley
Garage Spaces
5
Covered Spaces
5
Total Parking
5
Garage Spaces
5
Covered Spaces
5
Total Parking
5
Classification
Standard
Deal Score
25/100
vs Similar Homes
51% above
vs Market Median
35% above
Area Growth (YoY)
1.5%
Deal Score Breakdown
25/100
1.5% year-over-year ZHVI growth in this area
Priced 51% above the median of similar listings
Priced 35% above the per-subtype city median
LT net cashflow -$30,931/mo (-70.2% return on ownership cost) · STR net cashflow -$40,995/mo (-93.0% 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
$14,929/mo
Range: $10,966 – $18,891
Net Monthly Cash Flow
−$30,930 /mo (−$371,164/yr)
Monthly rental income
Monthly ownership cost
Coverage
34%
Net /mo
−$30,931
DSCR
0.38
Est. Annual Revenue
$52,693/yr
$606/night · 77% occupancy · $113/bedroom · $0.12/sqft
Net Monthly Cash Flow
−$40,995 /mo (−$491,943/yr)
Monthly STR income
Monthly ownership cost
Coverage
10%
Net /mo
−$40,995
DSCR
0.09
Best Download
1 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
8
Available Providers
$843,000
+701% vs median
107 days
398
$14,900 – $24,000,000
$6,987
$3,400/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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