8174 COBBLEROCK, Lake Point, UT 84074
3BD/—BA Residential in Lake Point, UT 84074. 3,485 sqft. Built 2018. Listed at $554,900. MLS #2166028.
3BD/—BA Residential in Lake Point, UT 84074. 3,485 sqft. Built 2018. Listed at $554,900. MLS #2166028.
**OPEN HOUSE this SATURDAY 6/27 from 11AM-2PM** Welcome home to this beautifully designed Craftsman-style residence situated on a desirable corner lot w/ stunning mountain views & an open, light-filled floorplan. Featuring 9' ceilings, oversized windows, recessed lighting, & built-in living room speakers, this home offers the perfect blend of comfort, style, & functionality. The gorgeous kitchen is the heart of the home, showcasing quartz countertops, stainless steel appliances, a gas cooktop, range hood, double ovens, & an oversized pantry that provides exceptional storage & convenience. The spacious living area features a tray ceiling, ceiling fan, as well as abundant natural light, creating an inviting space for everyday living & entertaining. Retreat to the luxurious primary suite complete w/ a large walk-in closet, double vanities, & a spa-like ensuite bath featuring a separate soaking tub/ shower. Additional conveniences include a main-floor laundry room, an adorable mudroom w/ built-in bench seating, & thoughtful Craftsman finishes throughout. The home is equipped w/ numerous modern upgrades including paid-off solar panels for exceptionally low utility costs, a Nest thermostat, Ring doorbell camera, pre-wiring for a security system, & garage storage racks. The basement is approximately 15% finished, providing additional living space while leaving plenty of room for future expansion. Outside, the partially fenced backyard is a blank canvas ready for your vision, whether you dream of a garden, outdoor entertaining area, or custom landscaping. There is also potential RV parking for added flexibility. To help make this home your own, the seller is offering a $5,000 carpet allowance. Combining energy efficiency, modern amenities, mountain views, & room to grow, this exceptional property is ready to welcome its next owners.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
SADDLEBACK
County
Tooele
Zoning
Single-Family
Lot Size
0.23 sq ft
Above Grade Area
1,693 sq ft
Condition
Blt./Standing
MLS #
2166028
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
SADDLEBACK
County
Tooele
Zoning
Single-Family
Lot Size
0.23 sq ft
Above Grade Area
1,693 sq ft
Condition
Blt./Standing
MLS #
2166028
List Price
$554,900
HOA Fees
$15 / Monthly
Annual Taxes
$3,643
Home Warranty
No
List Price
$554,900
HOA Fees
$15 / Monthly
Annual Taxes
$3,643
Home Warranty
No
Heating
Forced Air,>= 95% efficiency
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Linoleum,Tile
Basement
Full
Appliances
Ceiling Fan,Microwave,Range Hood
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Private
View
Mountain(s)
Heating
Forced Air,>= 95% efficiency
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Linoleum,Tile
Basement
Full
Appliances
Ceiling Fan,Microwave,Range Hood
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Private
View
Mountain(s)
Garage Spaces
3
Covered Spaces
3
Total Parking
9
Garage Spaces
3
Covered Spaces
3
Total Parking
9
$640,990
-13% vs median
168 days
21
$495,000 – $999,999
$3,643
$15/monthly
Your inquiry goes to the listing agent.
Fast Response
Typically within 2 hours during business hours
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
85/100
vs Similar Homes
13% below
vs Market Median
10% below
Area Growth (YoY)
5.3%
Deal Score Breakdown
85/100 · 3 qualifying signals
Priced 13% below the median of similar listings
Priced 10% below the per-subtype city median
5.3% year-over-year ZHVI growth in this area
LT net cashflow +$51/mo (+1.3% return on ownership cost) · STR net cashflow -$3,054/mo (-79.5% 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
$4,426/mo
Range: $3,137 – $5,715
Net Monthly Cash Flow
+$51 /mo (+$613/yr)
Monthly rental income
Monthly ownership cost
Coverage
115%
Net /mo
+$51
DSCR
1.40
Est. Annual Revenue
$13,545/yr
$121/night · 55% occupancy · $74/bedroom · $0.09/sqft
Net Monthly Cash Flow
−$3,054 /mo (−$36,650/yr)
Monthly STR income
Monthly ownership cost
Coverage
29%
Net /mo
−$3,054
DSCR
0.28
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Devin Tanner - Utah Realtor

Salt Lake City Real Estate Broker Focused on Pricing, Positioning, and Results

Celeste Green - Utah Real Estate Agent
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