1943 WOLF CREEK RANCH, Heber City, UT 84032
8BD/—BA Residential in Heber City, UT 84032. 15,577 sqft. Built 2002. Listed at $19,900,000. MLS #2163359.
8BD/—BA Residential in Heber City, UT 84032. 15,577 sqft. Built 2002. Listed at $19,900,000. MLS #2163359.
Welcome to one of the most iconic estates in Wolf Creek Ranch, where true Western authenticity meets refined luxury. Located on 160 private acres-with an adjacent 160-acre parcel also available for acquisition. Situated in the heart of this exclusive gated community, this extraordinary property offers endless privacy, panoramic mountain and aspen views, and world-class amenities just 25 minutes from world class skiing at Park City and Deer Valley. Salt Lake International airport is 1 hour and Heber Municipal airport just 10 minutes to the gate. The main residence spans nearly 16,000 square feet, built in timeless log-style architecture with soaring beams, artisan stonework, and curated luxury finishes throughout. A grand chef's kitchen anchors the home with top-tier appliances and custom cabinetry, opening to a stunning dining room and multiple entertaining spaces. Enjoy movie nights in the upgraded home theater, or step outside to grand patio and log pavilion with a dramatic stone fireplace, oversized gas firepit, and in-ground jacuzzi-all positioned to take in the estate's sweeping alpine vistas. Follow a private gravel drive to one of the property's most unique and enchanting features: a secluded 1.6 acre stocked pond, complete with boathouse, dock, horseshoe pit and sandy beach-a hidden oasis perfect for casting a line, kayaking, or stargazing. A 1,883 sq ft guest house offers independent accommodations, while a 4,466 sq ft equestrian barn supports full horse facilities or versatile recreational use. The estate also features radiant in-floor heating, even in select exterior patio areas, a new Lutron smart home system, separate well and water shares, and a backup generator capable of powering property. This is more than a home-it's a private sanctuary & legacy asset in one of the most breathtaking mountain ranch communities in the West. Schedule a private tour and experience the unmatched serenity, scale, and splendor of Wolf Creek Ranch. Sold furnished.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
WOLF CREEK RANCH
County
Wasatch
Zoning
Single-Family
Construction
Log,Stone,Other
Lot Size
160 sq ft
Above Grade Area
9,196 sq ft
Condition
Blt./Standing
MLS #
2163359
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
WOLF CREEK RANCH
County
Wasatch
Zoning
Single-Family
Construction
Log,Stone,Other
Lot Size
160 sq ft
Above Grade Area
9,196 sq ft
Condition
Blt./Standing
MLS #
2163359
List Price
$19,900,000
HOA Fees
$1,450 / Monthly
Annual Taxes
$103,988
Home Warranty
No
List Price
$19,900,000
HOA Fees
$1,450 / Monthly
Annual Taxes
$103,988
Home Warranty
No
Heating
Forced Air,Gas: Radiant,Hot Water,Propane,Wood,Radiant Floor
Cooling
Central Air,Natural Ventilation
Roof
Metal,Wood
Flooring
Carpet,Hardwood,Tile,Slate,Travertine
Basement
Daylight,Full,Walk-Out Access
Materials
Log,Stone,Other
Laundry
Gas Dryer Hookup
Patio & Porch
Porch: Open,Patio: Open
Water Source
Culinary,Irrigation: Pressure,Private,Rights: Owned,Shares,Well
Sewer
Septic Tank
View
Mountain(s),Valley
Heating
Forced Air,Gas: Radiant,Hot Water,Propane,Wood,Radiant Floor
Cooling
Central Air,Natural Ventilation
Roof
Metal,Wood
Flooring
Carpet,Hardwood,Tile,Slate,Travertine
Basement
Daylight,Full,Walk-Out Access
Materials
Log,Stone,Other
Laundry
Gas Dryer Hookup
Patio & Porch
Porch: Open,Patio: Open
Water Source
Culinary,Irrigation: Pressure,Private,Rights: Owned,Shares,Well
Sewer
Septic Tank
View
Mountain(s),Valley
Garage Spaces
8
Covered Spaces
8
Total Parking
16
Garage Spaces
8
Covered Spaces
8
Total Parking
16
Classification
Standard
Deal Score
10/100
vs Market Median
106% above
Area Growth (YoY)
0.2%
Deal Score Breakdown
10/100
Priced 106% above the per-subtype city median
0.2% year-over-year ZHVI growth in this area
LT net cashflow -$105,763/mo (-76.9% return on ownership cost) · STR net cashflow -$133,244/mo (-96.9% 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
Not enough comparable listings
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
$36,047/mo
Range: $25,987 – $46,106
Net Monthly Cash Flow
−$105,763 /mo (−$1,269,153/yr)
Monthly rental income
Monthly ownership cost
Coverage
26%
Net /mo
−$105,763
DSCR
0.31
Est. Annual Revenue
$72,674/yr
$286/night · 45% occupancy · $103/bedroom · $0.15/sqft
Net Monthly Cash Flow
−$133,244 /mo (−$1,598,923/yr)
Monthly STR income
Monthly ownership cost
Coverage
4%
Net /mo
−$133,244
DSCR
0.04
$845,000
+2255% vs median
108 days
395
$14,900 – $24,000,000
$103,988
$1,450/monthly
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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