1547 OWEN, Lake Point, UT 84074
6BD/—BA Residential in Lake Point, UT 84074. 3,608 sqft. Built 2017. Listed at $999,999. MLS #2157866.
6BD/—BA Residential in Lake Point, UT 84074. 3,608 sqft. Built 2017. Listed at $999,999. MLS #2157866.
OPEN HOUSE SATURDAY 5/16, FROM 12-2. Discover the perfect blend of luxury, space, and breathtaking scenery at 1547 East Owen Cove in Lake Point. Situated on 1.01 pristine acres in a quiet cul-de-sac, this beautifully maintained 2017-built home offers peaceful rural living just 20 minutes from downtown Salt Lake City and the international airport. With 6 spacious bedrooms, 3 full bathrooms, and an open-concept layout, this home was designed for both comfortable everyday living and effortless entertaining. Large windows throughout capture stunning panoramic views of the Oquirrh Mountains and unforgettable sunsets over the Great Salt Lake. The immaculate front landscaping creates incredible curb appeal, while the oversized 3-car garage provides ample room for vehicles, storage, and outdoor gear. Home is equipped with extended driveway as well as RV parking to accomodate the largest of RV's/5th Wheels. The fully finished basement (fully permitted through Lake Point City) is an entertainer's dream, featuring expansive recreation space with room for a home theater, game room, and full-sized pool table-perfect for hosting family and friends. Outdoor enthusiasts will love the nearby hiking and biking trails, Stansbury Island recreation, and Stansbury Park Golf Course just minutes away. Convenient access to shopping, dining, and highly regarded Tooele County schools adds even more appeal. Experience the rare opportunity to enjoy wide-open spaces, luxury living, and easy city access all in one exceptional property. Square footage figures are provided as a courtesy estimate only and were obtained from county. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
BRIDLE WALK ACRES
County
Tooele
Zoning
Single-Family
Construction
Stone,Stucco,Cement Siding
Lot Size
1.01 sq ft
Above Grade Area
1,814 sq ft
Condition
Blt./Standing
MLS #
2157866
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
BRIDLE WALK ACRES
County
Tooele
Zoning
Single-Family
Construction
Stone,Stucco,Cement Siding
Lot Size
1.01 sq ft
Above Grade Area
1,814 sq ft
Condition
Blt./Standing
MLS #
2157866
List Price
$999,999
Annual Taxes
$4,384
Home Warranty
No
List Price
$999,999
Annual Taxes
$4,384
Home Warranty
No
Heating
Forced Air,>= 95% efficiency
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood
Basement
Full
Materials
Stone,Stucco,Cement Siding
Patio & Porch
Covered,Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Forced Air,>= 95% efficiency
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood
Basement
Full
Materials
Stone,Stucco,Cement Siding
Patio & Porch
Covered,Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Garage Spaces
3
Covered Spaces
3
Total Parking
11
Garage Spaces
3
Covered Spaces
3
Total Parking
11
Why this is a deal
Classification
Standard
Deal Score
70/100
vs Similar Homes
44% above
vs Market Median
42% above
Area Growth (YoY)
7.9%
Deal Score Breakdown
70/100 · 1 qualifying signal
7.9% year-over-year ZHVI growth in this area
Priced 44% above the median of similar listings
Priced 42% above the per-subtype city median
LT net cashflow -$2,591/mo (-38.6% return on ownership cost) · STR net cashflow -$5,447/mo (-81.1% 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
$4,690/mo
Range: $3,624 – $5,756
Net Monthly Cash Flow
−$2,591 /mo (−$31,097/yr)
Monthly rental income
Monthly ownership cost
Coverage
70%
Net /mo
−$2,591
DSCR
0.82
Est. Annual Revenue
$21,792/yr
$171/night · 62% occupancy · $57/bedroom · $0.06/sqft
Net Monthly Cash Flow
−$5,446 /mo (−$65,357/yr)
Monthly STR income
Monthly ownership cost
Coverage
27%
Net /mo
−$5,447
DSCR
0.25
Best Download
1 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
9
Available Providers
$640,990
+56% vs median
168 days
21
$495,000 – $999,999
$4,384
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Devin Tanner - Utah Realtor

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Daryn Edmunds - High Road Properties
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