8225 DIAMOND PEAK, Magna, UT 84044
3BD/—BA Residential in Magna, UT 84044. 2,675 sqft. Built 2026. Listed at $545,115. MLS #2132090.
3BD/—BA Residential in Magna, UT 84044. 2,675 sqft. Built 2026. Listed at $545,115. MLS #2132090.
Welcome to this beautifully crafted Covington home, where thoughtful design meets modern comfort. From the moment you enter, you'll appreciate the quality finishes and attention to detail throughout. The bright, open kitchen showcases white laminate cabinetry, quartz countertops, and stainless steel gas appliances, making it perfect for everyday living and entertaining. Laminate hardwood flooring flows through the main living areas, complemented by vinyl tile and plush carpet. A walk-up basement offers added flexibility and future living space, while convenient upgrades such as Christmas light outlets, a tankless water heater, and energy-efficient options enhance comfort and efficiency. Craftsman-style base and casing add timeless character, while satin and brushed nickel hardware complete the home with a polished touch. The owner's bathroom features cultured marble shower surrounds, creating a relaxing private retreat. Comes with front yard landscaping for a quick move in experience!
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
MAHOGANY RIDGE 237
County
Salt Lake
Zoning
Single-Family
Construction
Stone,Stucco,Other
Lot Size
0.12 sq ft
Above Grade Area
1,335 sq ft
Condition
Blt./Standing
MLS #
2132090
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
MAHOGANY RIDGE 237
County
Salt Lake
Zoning
Single-Family
Construction
Stone,Stucco,Other
Lot Size
0.12 sq ft
Above Grade Area
1,335 sq ft
Condition
Blt./Standing
MLS #
2132090
List Price
$545,115
HOA Fees
$70 / Monthly
Annual Taxes
$1
Home Warranty
Yes
List Price
$545,115
HOA Fees
$70 / Monthly
Annual Taxes
$1
Home Warranty
Yes
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate
Basement
Full
Materials
Stone,Stucco,Other
Appliances
Microwave
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Public
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate
Basement
Full
Materials
Stone,Stucco,Other
Appliances
Microwave
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Public
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Why this is a deal
Classification
Standard
Deal Score
77/100
vs Similar Homes
7% below
vs Market Median
12% below
Area Growth (YoY)
4.8%
Deal Score Breakdown
77/100 · 2 qualifying signals
Priced 12% below the per-subtype city median
Priced 7% below the median of similar listings
4.8% year-over-year ZHVI growth in this area
LT net cashflow -$451/mo (-12.7% return on ownership cost) · STR net cashflow -$2,182/mo (-61.4% 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
$3,529/mo
Range: $0 – $7,692
Net Monthly Cash Flow
−$450 /mo (−$5,402/yr)
Monthly rental income
Monthly ownership cost
Coverage
99%
Net /mo
−$451
DSCR
1.13
Est. Annual Revenue
$23,551/yr
$154/night · 54% occupancy · $58/bedroom · $0.09/sqft
Net Monthly Cash Flow
−$2,182 /mo (−$26,179/yr)
Monthly STR income
Monthly ownership cost
Coverage
55%
Net /mo
−$2,182
DSCR
0.50
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$430,000
+27% vs median
70 days
98
$255,700 – $799,999
$1
$70/monthly
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