601 RED LEDGES, Heber City, UT 84032
2BD/—BA Residential in Heber City, UT 84032. 6,125 sqft. Built 2014. Listed at $3,500,000. MLS #2162584.
2BD/—BA Residential in Heber City, UT 84032. 6,125 sqft. Built 2014. Listed at $3,500,000. MLS #2162584.
This is more than a home - it's a lifestyle rarely found in Utah. A secluded front courtyard sets the tone - a private sanctuary complete with a fire pit, a tranquil water feature, and lush landscaping that creates an intimate atmosphere perfect for entertaining. This is a space the sellers have truly lived in and loved, and it shows in every detail. Step outside and the views alone will stop you in your tracks. Framed by the iconic silhouette of Mount Timpanogos, your backyard opens directly to one of Utah's most coveted golf experiences - grab your driver and hit balls directly onto the driving range straight from your deck. Enjoy less to clean with this intentionally designed, two bedroom home with a chef's kitchen and butler's pantry. A full golf membership is available so you can enjoy access to a full 18-hole Jack Nicklaus signature course and a 12-hole par 3 course - every day feels like a private retreat. Your Red Ledges membership also grants access to the exclusive Deer Crest Club, where ski-in/ski-out access to Deer Valley Resort awaits. Drive and park at the iconic St. Regis and indulge in world-class amenities including the pool, restaurant, and so much more - a truly unmatched mountain luxury experience. At the heart of the property is a 3,200 square foot lower level that redefines what a garage and workshop can be. Purpose-built for the craftsman and enthusiast, it features a dedicated motor bay with full exhaust ventilation (4 separate exhausts), a professional woodworking setup with a central vacuum dust collection system, a fly tying station, and a welding station - all thoughtfully designed so your passions have a proper home. The sellers currently have a portion of the garage set up as a gym with a steam shower and man cave. All of this and you still have room for your cars. The basement was thoughtfully designed with future bedrooms in mind - HVAC and a full bathroom are plumbed in so you can customize the home to your needs. If you simply need space for your cars, there is room for 10 without lifts. The seller has both the original building plans and plans for the addition of two basement bedrooms available upon request. The lower level also includes a separate storage room and mechanical room, which are not pictured in the listing. Also not pictured is the mudroom, which includes additional washer and dryer hookups for added convenience. This is the rare property where serious living meets serious luxury. Photographs included in the listing contain virtually staging of furniture and other decor and are intended for illustrative purposes only.
Property Type
Residential
Property Style
Single Family Residence
Stories
2
Subdivision
RED LEDGES
County
Wasatch
Zoning
Single-Family
Construction
Cedar,Stone,Metal Siding
Lot Size
0.68 sq ft
Above Grade Area
3,063 sq ft
Condition
Blt./Standing
MLS #
2162584
Property Type
Residential
Property Style
Single Family Residence
Stories
2
Subdivision
RED LEDGES
County
Wasatch
Zoning
Single-Family
Construction
Cedar,Stone,Metal Siding
Lot Size
0.68 sq ft
Above Grade Area
3,063 sq ft
Condition
Blt./Standing
MLS #
2162584
List Price
$3,500,000
HOA Fees
$3,400 / Annually
Annual Taxes
$18,045
Home Warranty
No
List Price
$3,500,000
HOA Fees
$3,400 / Annually
Annual Taxes
$18,045
Home Warranty
No
Heating
Forced Air,Gas: Central,Radiant Floor
Cooling
Central Air
Roof
Tile
Flooring
Hardwood
Basement
Full
Materials
Cedar,Stone,Metal Siding
Appliances
Ceiling Fan,Dryer,Microwave,Range Hood,Refrigerator,Satellite Dish,Washer,Water Softener Owned
Laundry
Gas Dryer Hookup
Patio & Porch
Covered,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Lake,Mountain(s),Valley,View: Red Rock
Heating
Forced Air,Gas: Central,Radiant Floor
Cooling
Central Air
Roof
Tile
Flooring
Hardwood
Basement
Full
Materials
Cedar,Stone,Metal Siding
Appliances
Ceiling Fan,Dryer,Microwave,Range Hood,Refrigerator,Satellite Dish,Washer,Water Softener Owned
Laundry
Gas Dryer Hookup
Patio & Porch
Covered,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Lake,Mountain(s),Valley,View: Red Rock
Garage Spaces
10
Covered Spaces
10
Total Parking
13
Garage Spaces
10
Covered Spaces
10
Total Parking
13
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
80/100
vs Similar Homes
15% below
vs Market Median
8% below
Area Growth (YoY)
1.5%
Deal Score Breakdown
80/100 · 2 qualifying signals
Priced 15% below the median of similar listings
Priced 8% below the per-subtype city median
1.5% year-over-year ZHVI growth in this area
LT net cashflow -$15,970/mo (-66.5% return on ownership cost) · STR net cashflow -$22,213/mo (-92.5% 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
$9,151/mo
Range: $6,446 – $11,856
Net Monthly Cash Flow
−$15,970 /mo (−$191,639/yr)
Monthly rental income
Monthly ownership cost
Coverage
38%
Net /mo
−$15,970
DSCR
0.46
Est. Annual Revenue
$31,034/yr
$606/night · 77% occupancy · $113/bedroom · $0.12/sqft
Net Monthly Cash Flow
−$22,213 /mo (−$266,553/yr)
Monthly STR income
Monthly ownership cost
Coverage
11%
Net /mo
−$22,213
DSCR
0.10
Best Download
1 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
8
Available Providers
$843,000
+315% vs median
101 days
412
$14,900 – $31,000,000
$18,045
$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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