Question 1

What is the asking price for 8203 DIAMOND PEAK, Magna?

Accepted Answer

8203 DIAMOND PEAK, Magna is listed at $531,650 ($199/sqft).  This listing is currently active and available for showings.

Question 2

How many bedrooms and bathrooms does 8203 DIAMOND PEAK, Magna have?

Accepted Answer

This Residential features 3 bedrooms, 2 bathrooms, 2,675 square feet of living space. It is a 2-story home. The lot is 0.1 acres.

Question 3

When was 8203 DIAMOND PEAK, Magna built?

Accepted Answer

This property was built in 2026, making it 0 years old. As a newer construction, it likely features modern building codes, energy-efficient systems, and contemporary finishes.

Question 4

What type of property is 8203 DIAMOND PEAK, Magna?

Accepted Answer

8203 DIAMOND PEAK, Magna is a Residential (Single Family Residence). The architectural style is Rambler/Ranch. It is located in the MAHOGANY RIDGE 234 subdivision. Zoning: Single-Family.

Question 5

Does 8203 DIAMOND PEAK, Magna have a garage or parking?

Accepted Answer

Yes, this property includes a 2-car garage. Total parking capacity: 2 vehicles.

Question 6

Is there an HOA for 8203 DIAMOND PEAK, Magna?

Accepted Answer

Yes, this property is part of a homeowners association. HOA fees are $70 monthly. HOA fees typically cover shared amenities, landscaping, and community maintenance.

Question 7

What are the property taxes for 8203 DIAMOND PEAK, Magna?

Accepted Answer

Annual property taxes for this property are approximately $1 (about Contact for Price/month). This represents an effective tax rate of approximately 0.00% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 8203 DIAMOND PEAK, Magna?

Accepted Answer

Interior features include: Bath: Primary, Bath: Sep. Tub/Shower, Closet: Walk-In, Disposal, Great Room. Exterior features include: Double Pane Windows, Porch: Open.

Question 9

Is 8203 DIAMOND PEAK, Magna a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 33/100. Key deal signals: Priced 5% below similar homes; 4.6% gross rental yield. The price is 5% below similar homes in the area. This analysis considers price relative to comparables, days on market, price reductions, and market conditions.

Question 10

How does this price compare to similar homes in Magna?

Accepted Answer

The median price for similar properties in the area is $562,030 (based on 10 homes). At $531,650, this listing is 5% below the median for comparable homes. It ranks #Fair Price among similar listings by value.

Question 11

What would the monthly mortgage payment be for 8203 DIAMOND PEAK, Magna?

Accepted Answer

At the current 30-year mortgage rate of 6.46% with 20% down, the estimated monthly principal and interest payment is $2,677. Including estimated taxes and HOA fees, the total monthly cost is approximately $2,747. A 15-year mortgage at 5.77% would be $3,536/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 12

How long has 8203 DIAMOND PEAK, Magna been on the market?

Accepted Answer

This property has been listed for 19 days. The average days on market in Magna is 69 days, meaning this listing is moving faster than the local average.

Question 13

Is 8203 DIAMOND PEAK, Magna a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $24,464 with a gross rental yield of 4.6%. Net rental yield (after estimated expenses): 3.0%.  Estimated debt service coverage ratio (DSCR): 0.57. Investor score: 41/100. These are estimates based on area comparables.

Question 14

What is the estimated rental income for 8203 DIAMOND PEAK, Magna?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $2,039 ($24,468/year). The gross rent multiplier is 21.7x (lower is generally better for investors). Actual rental income will depend on property condition, local demand, and management approach.

Question 15

What lifestyle features does 8203 DIAMOND PEAK, Magna offer?

Accepted Answer

Propaired's AI has identified 2 lifestyle features for this property: Historic/Character, New Construction. The primary lifestyle niche is "new_construction." These tags are derived from MLS data, property features, and location analysis.

Question 16

Is 8203 DIAMOND PEAK, Magna new construction?

Accepted Answer

Yes, this is a new construction property built in 2026. New construction in Utah typically includes modern energy codes, current building standards, builder warranties, and contemporary finishes.  Review the builder warranty terms and any remaining items on the builder punch list.

Question 17

What recreation is near 8203 DIAMOND PEAK, Magna?

Accepted Answer

This property has a recreation score of 69/100. Nearby recreation includes: General Holm (JRP) trailhead (10.5 mi); Magna Neighborhood Park park (0.5 mi); Copper Golf Club (1.1 mi); Great Salt Lake State Park (5.2 mi). Skiing: Snowbird Ski and Summer Resort (25.4 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

Question 18

What amenities and services are near 8203 DIAMOND PEAK, Magna?

Accepted Answer

This property has an amenity proximity score of 82/100. Nearby services include: Grocery: Colosimo's (0.7 mi); Hospital: Intermountain West Valley Clinic (5.2 mi); Pharmacy: CVS Pharmacy (5.3 mi); Dining: Nonna's Pizzaria (0.7 mi). Gas station: 1.4 miles. Gym: Magna Community Pool (1.4 mi).

Question 19

How far is the nearest hospital from 8203 DIAMOND PEAK, Magna?

Accepted Answer

The nearest hospital is Intermountain West Valley Clinic, approximately 5.2 miles from the property. The nearest fire station is 1.1 miles away. Proximity to emergency services is an important safety factor for homebuyers.

Question 20

What schools serve 8203 DIAMOND PEAK, Magna?

Accepted Answer

Assigned schools: Elementary: Elk Run; Middle: Matheson; High: Cyprus.   School district: Granite.

Question 21

Is 8203 DIAMOND PEAK, Magna in a flood zone?

Accepted Answer

This property is classified as low. FEMA flood zone: X (AREA OF MINIMAL FLOOD HAZARD). Flood insurance is not typically required but may be recommended.  Always verify current FEMA maps as they are periodically updated.

Question 22

How does this listing compare to the Magna market?

Accepted Answer

8203 DIAMOND PEAK, Magna is listed at $531,650, which is above the Magna median of $429,900 by $101,750. There are currently 80 active listings in Magna. Homes in Magna sell in an average of 69 days. The average sale-to-list ratio is 99.2%.

Question 23

How does this price compare to the Utah state average?

Accepted Answer

At $531,650, this property is above the Utah state median of $510,000 by $21,650. Magna prices are 16% below the state average. Utah's housing market varies significantly by region — front-range cities near SLC are typically more expensive than rural areas.

Question 24

What is the Propaired intelligence score for 8203 DIAMOND PEAK, Magna?

Accepted Answer

This property has a Propaired intelligence score of 54/100, combining deal value (33), recreation access (69), amenity proximity (82), broadband quality (N/A), and lifestyle features (2 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 25

What heating and cooling systems does 8203 DIAMOND PEAK, Magna have?

Accepted Answer

Heating: Forced Air,Gas: Central. Cooling: Central Air. Modern HVAC systems typically last 15-20 years with proper maintenance. Utah's climate ranges from sub-zero winters to 100°F+ summers, making reliable heating and cooling essential.

Question 26

What type of roof does 8203 DIAMOND PEAK, Magna have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 0-year-old home, reviewing recent roof inspections is recommended.

Question 27

Does 8203 DIAMOND PEAK, Magna have a basement?

Accepted Answer

Yes, the basement is described as: Full. Basements in Utah are common and add versatile living or storage space. Check for any signs of moisture or foundation issues during the home inspection.

Question 28

What is 8203 DIAMOND PEAK, Magna constructed from?

Accepted Answer

Construction materials include: Stone,Stucco,Other. Stone construction provides exceptional durability and a premium aesthetic.

Question 29

What type of flooring does 8203 DIAMOND PEAK, Magna have?

Accepted Answer

Flooring types include: Carpet,Laminate.   Carpeted areas provide warmth and comfort, especially in bedrooms.

Question 30

What are the water and sewer connections for 8203 DIAMOND PEAK, Magna?

Accepted Answer

Water source: Culinary. Sewer: Sewer: Connected,Sewer: Public.  Municipal sewer service means no septic maintenance costs. Water is a critical consideration in Utah's arid climate.

Question 31

What shopping and dining is near 8203 DIAMOND PEAK, Magna?

Accepted Answer

The nearest restaurant is Nonna's Pizzaria (0.7 miles away) and the nearest grocery store is Colosimo's (0.7 miles). Coffee: Protagonist (0.6 mi). Banking: Utah Community Credit Union (0.7 mi). Overall amenity proximity score: 82/100.

Question 32

What would homeowner's insurance cost for 8203 DIAMOND PEAK, Magna?

Accepted Answer

Homeowner's insurance in Utah typically ranges from 0.3% to 0.5% of the home's value annually. For a home listed at $531,650, expect approximately $1,595-$2,658/year ($133-$222/month).   Get multiple quotes — rates vary significantly by insurer.

Question 33

What are the estimated closing costs for 8203 DIAMOND PEAK, Magna?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $531,650, expect approximately $10,633-$26,583 in closing costs. This includes title insurance, escrow fees, lender fees, recording fees, and prepaid items (insurance, taxes). Buyers should also budget for a home inspection ($300-$500), appraisal ($400-$600), and any lender-required reserves.

Question 34

How does the property tax compare to the list price at 8203 DIAMOND PEAK, Magna?

Accepted Answer

The annual property tax of $1 represents an effective rate of 0.00% relative to the list price of $531,650. This is below the Utah average effective rate of approximately 0.58%, which is favorable for the buyer. Property taxes in Utah are assessed by the county and can change when the property is sold.

Question 35

What are the total estimated monthly costs for 8203 DIAMOND PEAK, Magna?

Accepted Answer

Estimated total monthly housing cost: $2,924. This includes principal & interest ($2,677 at 6.46% with 20% down), HOA ($70/mo), and estimated insurance (~$177/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 36

Is 8203 DIAMOND PEAK, Magna eligible for FHA or VA financing?

Accepted Answer

At $531,650, this property may exceed standard FHA loan limits and could require a conventional or jumbo loan. VA loans have no price cap but require VA eligibility.    Consult a mortgage lender for personalized eligibility.

Question 37

What is the estimated cap rate for 8203 DIAMOND PEAK, Magna?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 3.0%, based on estimated annual rent of $24,464 and a purchase price of $531,650. Lower cap rates often indicate appreciation-focused markets where property values are expected to rise.

Question 38

Is Magna a good rental market?

Accepted Answer

Estimated monthly rent in Magna is approximately $1,596. Homes in Magna sell in an average of 69 days, indicating moderate demand in this market. There are 80 active listings currently. Gross rental yield in this area: 4.6%. Utah's steady population growth continues to drive rental demand.

Question 39

Could 8203 DIAMOND PEAK, Magna be a 1031 exchange property?

Accepted Answer

Yes, 8203 DIAMOND PEAK, Magna could potentially qualify for a 1031 like-kind exchange if used as an investment or business property. A 1031 exchange allows deferral of capital gains taxes by reinvesting proceeds from one investment property into another. Key requirements include identifying a replacement property within 45 days and closing within 180 days. The property must be held for investment purposes — personal residences do not qualify. Consult a qualified intermediary and tax advisor for specific guidance.

Question 40

How does 8203 DIAMOND PEAK, Magna compare to recently sold homes nearby?

Accepted Answer

Based on 10 comparable properties, the median sold price in this area is $562,030. This listing is 5% below the comparable median. It ranks Fair Price among similar listings by value. The median for this property type specifically is $535,325. Comparable analysis is based on similar size, age, and location.

Question 41

Is the Magna neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have appreciated 2.6% over the past year. The current Zillow Home Value Index for this area is $439,831. This listing is priced at 121% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 42

What is the price trend in Magna?

Accepted Answer

Magna's median price has increased 6.0% month-over-month. Current median: $429,900. Days on market have decreased by 3.0% month-over-month. Homes are selling at 99.2% of list price on average. Monitor these trends to time your offer strategically.

Question 43

Is 8203 DIAMOND PEAK, Magna overpriced or underpriced?

Accepted Answer

Propaired's AI classifies this property as "Standard." At 5% below comparable homes, this property appears competitively priced. Deal score: 33/100. Always confirm with a local real estate professional who can provide a comparative market analysis.

Question 44

What school district is 8203 DIAMOND PEAK, Magna in?

Accepted Answer

This property is in the Granite school district. Assigned elementary: Elk Run. Assigned middle: Matheson. Assigned high: Cyprus. School district boundaries can affect property values by 5-15%. Contact the district directly to confirm current enrollment boundaries, as they may change.

Question 45

What parks are near 8203 DIAMOND PEAK, Magna?

Accepted Answer

The nearest local park is Magna Neighborhood Park (0.5 miles away). The nearest state park is Great Salt Lake State Park (5.2 miles).  Parks and green spaces contribute to quality of life and are a positive factor for property values.

Question 46

Is there a golf course near 8203 DIAMOND PEAK, Magna?

Accepted Answer

The nearest golf course is Copper Golf Club, 1.1 miles from the property. Utah has over 80 golf courses statewide with a season running from March through November in most areas. Close proximity to a golf course is a desirable feature that can enhance property value.

Question 47

What water activities are near 8203 DIAMOND PEAK, Magna?

Accepted Answer

Water recreation near this property includes: boat ramp at Great Salt Lake State Marina (5.1 mi).  Utah offers diverse water recreation from mountain reservoirs to desert lakes. Popular activities include boating, kayaking, paddle boarding, and fishing — a Utah fishing license is required for anglers.

Question 48

Is 8203 DIAMOND PEAK, Magna move-in ready?

Accepted Answer

As new construction, this home is expected to be move-in ready with modern finishes and warranties. A professional home inspection is always recommended before purchase to identify any needed repairs.

Question 49

Does 8203 DIAMOND PEAK, Magna come with a home warranty?

Accepted Answer

Yes, a home warranty is included with this property. Home warranties typically cover major systems (HVAC, plumbing, electrical) and appliances for one year, providing peace of mind for buyers. Review the warranty terms to understand coverage limits and deductibles.

Question 50

What is the lot like at 8203 DIAMOND PEAK, Magna?

Accepted Answer

The lot is 0.1 acres. Lot features: Curb & Gutter,Road: Paved,Sidewalks. Terrain: Curb & Gutter, Road: Paved, Sidewalks.   Lot characteristics affect usability, privacy, and future improvement potential.

Question 51

What utilities are available at 8203 DIAMOND PEAK, Magna?

Accepted Answer

Available utilities include: Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected. Water source: Culinary. Sewer: Sewer: Connected,Sewer: Public. Utility costs in Utah vary by season — expect higher heating bills in winter and cooling costs in summer. Contact local utility providers for average monthly cost estimates for this address.

Question 52

Does 8203 DIAMOND PEAK, Magna have natural gas?

Accepted Answer

Yes, this property has natural gas service — the heating system is listed as: Forced Air,Gas: Central. Natural gas is the most common and cost-effective heating fuel in Utah, typically 30-50% less expensive than electric heating. The cooling system (Central Air) operates separately. Natural gas availability also supports gas ranges, water heaters, and fireplaces.

Question 53

Is there EV charging near 8203 DIAMOND PEAK, Magna?

Accepted Answer

The nearest EV charging station is EVgo, approximately 4.9 miles from the property. With a 2-car garage, installing a home Level 2 EV charger is straightforward — most installations cost $500-$2,000 including the charger. Utah offers a growing EV charging network along major corridors and in urban centers. Convenient public charging is available nearby for supplemental needs.

Question 54

Is 8203 DIAMOND PEAK, Magna a historic or character home?

Accepted Answer

This property has been identified as a historic or character home, meaning it features distinctive architectural details, craftsmanship, or historical significance. Built in 2026, it represents mid-century design elements. Architectural style: Rambler/Ranch. Historic homes may qualify for preservation tax credits. Consider potential limitations on exterior modifications if in a historic district.

8203 DIAMOND PEAK, Magna, UT 84044

8203 W DIAMOND PEAK WAY, Magna, UT 84044

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