1373 EXPLORER PEAK, Heber City, UT 84032
5BD/—BA Residential in Heber City, UT 84032. 6,897 sqft. Built 2019. Listed at $5,990,000. MLS #2160966.
5BD/—BA Residential in Heber City, UT 84032. 6,897 sqft. Built 2019. Listed at $5,990,000. MLS #2160966.
Perched along one of Red Ledges' premier ridgelines, this exceptional mountain contemporary home by Pure Haven Homes captures sweeping panoramic views of the Heber Valley and Mount Timpanogos. Thoughtfully designed with soaring ceilings, dramatic walls of glass, and refined architectural details throughout, the home seamlessly blends luxury, comfort, and functionality. The open-concept floor plan is centered around a chef's kitchen featuring a full butler's pantry and separate prep kitchen, creating ideal spaces for entertaining and everyday living alike. Expansive gathering areas open to the surrounding landscape, maximizing natural light and showcasing the home's breathtaking setting. The primary suite is a true retreat, cantilevered to enhance the views and wrapped in floor-to-ceiling windows. A spa-inspired bath, dual custom closets, and integrated laundry station elevate the owner experience. The lower level is designed for recreation and hosting, complete with spacious family and media areas, game spaces, and a custom bunk room ideal for family and guests. A Red Ledges Golf Membership is available with deposit, providing access to one of the Wasatch Back's premier private club communities. Spanning nearly 2,000 acres, Red Ledges offers world-class amenities including the Jack Nicklaus Signature Golf Course, Jim McLean Golf School, Cliff Drysdale Tennis School, resort-style pools and fitness facilities, private equestrian amenities, and an extensive trail system. Located just 20 minutes from Park City and minutes from Deer Valley skiing, members also enjoy exclusive access to private Deer Valley ski lounges with shuttle service. This is a rare opportunity to own one of Red Ledges' most compelling luxury residences.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
RED LEDGES
County
Wasatch
Zoning
Single-Family
Construction
Cedar,Stone,Metal Siding
Lot Size
0.93 sq ft
Above Grade Area
4,820 sq ft
Condition
Blt./Standing
MLS #
2160966
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
RED LEDGES
County
Wasatch
Zoning
Single-Family
Construction
Cedar,Stone,Metal Siding
Lot Size
0.93 sq ft
Above Grade Area
4,820 sq ft
Condition
Blt./Standing
MLS #
2160966
List Price
$5,990,000
HOA Fees
$3,400 / Annually
Annual Taxes
$29,533
Home Warranty
No
List Price
$5,990,000
HOA Fees
$3,400 / Annually
Annual Taxes
$29,533
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Roof
Metal
Flooring
Carpet,Hardwood,Tile
Basement
Walk-Out Access
Materials
Cedar,Stone,Metal Siding
Appliances
Ceiling Fan,Dryer,Freezer,Microwave,Refrigerator,Washer
Laundry
Gas Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Lake,Mountain(s),Valley
Heating
Forced Air
Cooling
Central Air
Roof
Metal
Flooring
Carpet,Hardwood,Tile
Basement
Walk-Out Access
Materials
Cedar,Stone,Metal Siding
Appliances
Ceiling Fan,Dryer,Freezer,Microwave,Refrigerator,Washer
Laundry
Gas Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Lake,Mountain(s),Valley
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Classification
Standard
Deal Score
25/100
vs Similar Homes
32% above
vs Market Median
21% above
Area Growth (YoY)
1.5%
Deal Score Breakdown
25/100
1.5% year-over-year ZHVI growth in this area
Priced 32% above the median of similar listings
Priced 21% above the per-subtype city median
LT net cashflow -$29,729/mo (-72.4% return on ownership cost) · STR net cashflow -$38,267/mo (-93.1% 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
$12,903/mo
Range: $9,478 – $16,327
Net Monthly Cash Flow
−$29,728 /mo (−$356,734/yr)
Monthly rental income
Monthly ownership cost
Coverage
31%
Net /mo
−$29,729
DSCR
0.37
Est. Annual Revenue
$48,277/yr
$606/night · 77% occupancy · $113/bedroom · $0.12/sqft
Net Monthly Cash Flow
−$38,266 /mo (−$459,189/yr)
Monthly STR income
Monthly ownership cost
Coverage
10%
Net /mo
−$38,267
DSCR
0.09
Best Download
1 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
8
Available Providers
$843,000
+611% vs median
107 days
398
$14,900 – $24,000,000
$29,533
$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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