8988 SLEEPING ROCK, Kamas, UT 84036
6BD/—BA Residential in Kamas, UT 84036. 11,847 sqft. Built 2026. Listed at $21,750,000. MLS #2164719.
6BD/—BA Residential in Kamas, UT 84036. 11,847 sqft. Built 2026. Listed at $21,750,000. MLS #2164719.
Dubbed the Water-Earth-Sky Villa by the renowned architectural team at Berg Design-8988 Sleeping Rock is a private sanctuary where modern luxury meets nature's grandeur. Designed for those who value privacy, peace, and timeless elegance, this custom-built residence sits high on the cliffs on one of the premiere lots in the Lone Peak neighborhood of Tuhaye. Situated on 5.97 acres, the stunning home offers breathtaking uninterrupted views of Jordanelle Reservoir, Mount Timpanogos, Deer Valley and the Wasatch Back. Every detail of this home has been meticulously crafted in order to create the ideal indoor and outdoor living environment. The open-concept living space flows effortlessly onto an expansive terrace and infinity edge swimming pool-perfect for entertaining or simply soaking in the views. Whether it's sunrise over the water or golden-hour light and sunset across the peaks, every moment here feels cinematic. Spanning 11,847 total square feet, the separate wings of the home are connected by breezeways allowing for a private, yet inclusive, aesthetic for owners and guests. The main floor of the home boasts a large great room and kitchen with walls of glass, a 2-way fireplace, butler pantry, a primary bedroom wing, 2 dens, a guest suite and duel mudrooms. The basement level features 3 additional guest suites, an en-suite bunk room, a large entertaining space with a 2-way fireplace and bar, a recreation room, fitness room and walk-out access to large outdoor spaces. Included with the purchase is the $200K membership deposit to the Talisker Club, which features the Mark O'Meara championship golf course, Village at Tuhaye, recently completed Basecamp, 2 pools, Spa, Fitness Center, tennis/pickleball courts, soon-to-be completed Par-3 course, Moondance Park, hiking and biking trails; the Tower Club in Empire Pass at Deer Valley Resort; the Courchevel Bistro on Main Street; and The Outpost- your own backcountry playground.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
2
Subdivision
TUHAYE
County
Wasatch
Zoning
Single-Family
Construction
Stone,Other
Lot Size
5.92 sq ft
Above Grade Area
5,923 sq ft
Condition
Blt./Standing
MLS #
2164719
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
2
Subdivision
TUHAYE
County
Wasatch
Zoning
Single-Family
Construction
Stone,Other
Lot Size
5.92 sq ft
Above Grade Area
5,923 sq ft
Condition
Blt./Standing
MLS #
2164719
List Price
$21,750,000
HOA Fees
$2,565 / Annually
Annual Taxes
$55,492
Home Warranty
No
List Price
$21,750,000
HOA Fees
$2,565 / Annually
Annual Taxes
$55,492
Home Warranty
No
Heating
Forced Air,Radiant Floor
Cooling
Central Air
Roof
Asphalt,Metal
Flooring
Hardwood
Basement
Full,Walk-Out Access
Materials
Stone,Other
Patio & Porch
Porch: Open,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Heating
Forced Air,Radiant Floor
Cooling
Central Air
Roof
Asphalt,Metal
Flooring
Hardwood
Basement
Full,Walk-Out Access
Materials
Stone,Other
Patio & Porch
Porch: Open,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Garage Spaces
4
Covered Spaces
4
Total Parking
4
Garage Spaces
4
Covered Spaces
4
Total Parking
4
Classification
Standard
Deal Score
45/100
vs Similar Homes
183% above
vs Market Median
17% above
Area Growth (YoY)
5.0%
Deal Score Breakdown
45/100
5.0% year-over-year ZHVI growth in this area
Priced 183% above the median of similar listings
Priced 17% above the per-subtype city median
LT net cashflow -$121,942/mo (-84.7% return on ownership cost) · STR net cashflow -$140,730/mo (-97.7% 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
$25,119/mo
Range: $18,109 – $32,128
Net Monthly Cash Flow
−$121,942 /mo (−$1,463,302/yr)
Monthly rental income
Monthly ownership cost
Coverage
17%
Net /mo
−$121,942
DSCR
0.20
Est. Annual Revenue
$56,867/yr
$1,452/night · 60% occupancy · $399/bedroom · $0.48/sqft
Net Monthly Cash Flow
−$140,730 /mo (−$1,688,759/yr)
Monthly STR income
Monthly ownership cost
Coverage
3%
Net /mo
−$140,730
DSCR
0.03
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
6
Available Providers
$753,700
+2786% vs median
102 days
86
$360,000 – $22,500,000
$55,492
$2,565/annually
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Daryn Edmunds - High Road Properties
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