371 ABAJO PEAK, Heber City, UT 84032
3BD/—BA Residential in Heber City, UT 84032. 2,281 sqft. Built 2025. Listed at $1,775,000. MLS #2161197.
3BD/—BA Residential in Heber City, UT 84032. 2,281 sqft. Built 2025. Listed at $1,775,000. MLS #2161197.
Welcome to effortless Wasatch Back living, where thoughtful design meets world-class amenities in one of Utah's most coveted private communities. Built in 2025 by Hillwood Homes, this 3-bed, 3-bath, 2,281 sq ft townhome at Red Ledges has been elevated well beyond its original finishes, with over $75K in owner upgrades that make it truly move-in ready. Step inside to soaring ceilings, abundant natural light, and a warm, designer aesthetic defined by bespoke details: custom noise-dampening wood panel walls, curated wallpaper accents, gallery lighting over artwork, and concealed wiring throughout. The kitchen features Thermador appliances and under-counter lighting, while the primary bath has been upgraded with heated elements for those cold mountain mornings. Every TV in a bedroom is a new Samsung Frame, with wires hidden naturally. The garage has been transformed into a true mountain basecamp: heated, finished with elevated design storage, a dedicated boot dryer, clothing rack, and its own TV, equal parts functional and fun. Fully furnished with designer pieces valued at $25K+, along with a premium Traeger grill and fire pit. Just unpack and enjoy. Red Ledges isn't just a place to live, it's a community built around how mountain people want to spend their time. Ski Deer Valley or Park City via the community's private shuttle, steps from your front door. Play golf on the Jack Nicklaus Signature 12-hole Golf Park, with the option to add a Golf Park membership granting access to the course and all the privileges that come with it. Rally at the brand new indoor tennis facility, complete with its own bar. Swim, train, and relax at the full fitness center, pools, kids' splash pad, and Village Center restaurant, all walkable from this unit. Furniture, all Samsung Frame TVs, Traeger, and fire pit included. Select personal art, sculptures, silverware, glassware, and the piano are excluded.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
1
Subdivision
RED LEDGES
County
Wasatch
Construction
Asphalt,Metal Siding
Lot Size
0.05 sq ft
Above Grade Area
2,281 sq ft
Condition
Blt./Standing
MLS #
2161197
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
1
Subdivision
RED LEDGES
County
Wasatch
Construction
Asphalt,Metal Siding
Lot Size
0.05 sq ft
Above Grade Area
2,281 sq ft
Condition
Blt./Standing
MLS #
2161197
List Price
$1,775,000
HOA Fees
$8,675 / Annually
Annual Taxes
$9,417
Home Warranty
No
List Price
$1,775,000
HOA Fees
$8,675 / Annually
Annual Taxes
$9,417
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt,Metal
Flooring
Carpet,Hardwood,Tile
Basement
None
Materials
Asphalt,Metal Siding
Appliances
Dryer,Gas Grill/BBQ,Microwave,Refrigerator,Washer
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s),View: Red Rock
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt,Metal
Flooring
Carpet,Hardwood,Tile
Basement
None
Materials
Asphalt,Metal Siding
Appliances
Dryer,Gas Grill/BBQ,Microwave,Refrigerator,Washer
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s),View: Red Rock
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Classification
Standard
Deal Score
25/100
vs Similar Homes
8% above
vs Market Median
85% above
Area Growth (YoY)
1.5%
Deal Score Breakdown
25/100
1.5% year-over-year ZHVI growth in this area
Priced 8% above the median of similar listings
Priced 85% above the per-subtype city median
LT net cashflow -$9,729/mo (-76.1% return on ownership cost) · STR net cashflow -$11,606/mo (-90.8% 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
$3,472/mo
Range: $2,445 – $4,498
Net Monthly Cash Flow
−$9,729 /mo (−$116,753/yr)
Monthly rental income
Monthly ownership cost
Coverage
27%
Net /mo
−$9,729
DSCR
0.34
Est. Annual Revenue
$20,207/yr
$606/night · 77% occupancy · $113/bedroom · $0.12/sqft
Net Monthly Cash Flow
−$11,607 /mo (−$139,278/yr)
Monthly STR income
Monthly ownership cost
Coverage
13%
Net /mo
−$11,606
DSCR
0.13
Best Download
2 Gbps
Best Upload
2 Gbps
Fiber Available
Yes
Providers
9
Available Providers
$843,000
+111% vs median
101 days
412
$14,900 – $31,000,000
$9,417
$8,675/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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