974 TOWER MILL, Heber City, UT 84032
5BD/—BA Residential in Heber City, UT 84032. 4,311 sqft. Built 2022. Listed at $1,075,000. MLS #2168074.
5BD/—BA Residential in Heber City, UT 84032. 4,311 sqft. Built 2022. Listed at $1,075,000. MLS #2168074.
Welcome to this beautifully designed home in the heart of Heber City, offering 4,311 square feet of thoughtfully crafted living space, a spacious 3-car garage, and stunning views of Mount Timpanogas. Designed for both comfortable everyday living and effortless entertaining, this home combines generous living spaces with exceptional versatility. The inviting open-concept main level seamlessly connects the kitchen, dining, and living areas, creating a bright, welcoming atmosphere ideal for gathering with family and friends. Expansive windows fill the home with natural light while showcasing the beautiful mountain surroundings that make Heber Valley one of Utah's most sought-after destinations. The spacious primary suite offers a peaceful retreat, while generously sized secondary bedrooms and multiple living areas on both the upper and lower levels provide flexibility for growing families, guests, or work-from-home needs. The fully finished basement offers even more possibilities, with a layout that can easily be converted into a private accessory dwelling unit (ADU) or separate living quarters, making it ideal for multi-generational living, extended guests, or future rental income potential. Outside, the 0.16-acre lot offers a low-maintenance setting in a quiet, well-established neighborhood with convenient access to schools, parks, shopping, dining, and year-round recreation. The oversized 3-car garage provides ample space for vehicles, outdoor gear, and additional storage-perfect for embracing the mountain lifestyle. Combining exceptional space, a highly functional floor plan, future income potential, and an unbeatable Heber City location, this home presents an outstanding opportunity to enjoy the very best of mountain living. Seller will provide a $10,000 closing credit to Buyer for basement ADU conversion, landscaped & fenced yard, or rate buydown.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
COTTAGES AT OLD FARM
County
Wasatch
Zoning
Single-Family
Construction
Stone,Stucco,Other
Lot Size
0.16 sq ft
Above Grade Area
2,646 sq ft
Condition
Blt./Standing
MLS #
2168074
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
COTTAGES AT OLD FARM
County
Wasatch
Zoning
Single-Family
Construction
Stone,Stucco,Other
Lot Size
0.16 sq ft
Above Grade Area
2,646 sq ft
Condition
Blt./Standing
MLS #
2168074
List Price
$1,075,000
HOA Fees
$50 / Monthly
Annual Taxes
$4,304
Home Warranty
Yes
List Price
$1,075,000
HOA Fees
$50 / Monthly
Annual Taxes
$4,304
Home Warranty
Yes
Heating
Forced Air,Gas: Central,>= 95% efficiency
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate,Tile
Basement
Full
Materials
Stone,Stucco,Other
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Forced Air,Gas: Central,>= 95% efficiency
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate,Tile
Basement
Full
Materials
Stone,Stucco,Other
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Classification
Standard
Deal Score
50/100
vs Similar Homes
13% above
vs Market Median
3% below
Area Growth (YoY)
2.5%
Deal Score Breakdown
50/100
Priced 3% below the per-subtype city median
2.5% year-over-year ZHVI growth in this area
LT net cashflow -$775/mo (-10.7% return on ownership cost) · STR net cashflow -$5,103/mo (-70.5% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 13% above the median of similar listings
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
$7,345/mo
Range: $5,174 – $9,516
Net Monthly Cash Flow
−$774 /mo (−$9,291/yr)
Monthly rental income
Monthly ownership cost
Coverage
102%
Net /mo
−$775
DSCR
1.20
Est. Annual Revenue
$36,601/yr
$249/night · 48% occupancy · $83/bedroom · $0.12/sqft
Net Monthly Cash Flow
−$5,104 /mo (−$61,250/yr)
Monthly STR income
Monthly ownership cost
Coverage
42%
Net /mo
−$5,103
DSCR
0.40
School District
Wasatch
Best Download
2 Gbps
Best Upload
2 Gbps
Fiber Available
Yes
Providers
9
Available Providers
$843,000
+28% vs median
101 days
412
$14,900 – $31,000,000
$4,304
$50/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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