520 PINE CANYON, Midway, UT 84049
5BD/—BA Residential in Midway, UT 84049. 5,147 sqft. Built 2022. Listed at $2,695,000. MLS #2105989.
5BD/—BA Residential in Midway, UT 84049. 5,147 sqft. Built 2022. Listed at $2,695,000. MLS #2105989.
Built in 2022 on a cul-de-sac in charming Midway, this stunning custom home blends timeless elegance, modern comfort, and resort-style living. From its wrap-around porch to its professionally curated interior, every detail has been crafted to impress. Inside, a light-filled open floor plan connects inviting gathering spaces with private retreats. The chic chef's kitchen is a dream boasting an Italian made ILVE gas range, double islands, a Venetian plaster hood, and a spacious butler's pantry with an extra oven, dishwasher, sink and second refrigerator. The main-floor primary suite features dual closets, a soaker tub, spa like shower and its own laundry. Next to the main-level suite is a home office with custom built-ins that can double as a sixth bedroom or nursery. Four additional bedrooms (two are ensuite) and a bonus room upstairs offer comfort and privacy for all. The fully fenced backyard is your private resort-complete with a heated fiberglass pool with automatic cover, a putting green and playhouse. Additional highlights include 3 car garage, craft room, mud room, laundry on each floor and extra RV/boat parking. Just a short stroll to historic Main Street's shops, dining, and farmer's markets-and minutes from hiking, biking, golf, skiing, and Utah's pristine lakes and rivers-this home blends mountain charm, thoughtful design, and everyday luxury in perfect harmony.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
2
Subdivision
BURGERMIESTER ESTATE
County
Wasatch
Zoning
Single-Family
Lot Size
0.36 sq ft
Above Grade Area
5,147 sq ft
Condition
Blt./Standing
MLS #
2105989
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
2
Subdivision
BURGERMIESTER ESTATE
County
Wasatch
Zoning
Single-Family
Lot Size
0.36 sq ft
Above Grade Area
5,147 sq ft
Condition
Blt./Standing
MLS #
2105989
List Price
$2,695,000
Original Price
$3,000,000
Annual Taxes
$12,605
Home Warranty
No
List Price
$2,695,000
Original Price
$3,000,000
Annual Taxes
$12,605
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Roof
Composition,Metal
Flooring
Carpet,Hardwood,Tile
Basement
None
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary,Irrigation: Pressure
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air
Cooling
Central Air
Roof
Composition,Metal
Flooring
Carpet,Hardwood,Tile
Basement
None
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary,Irrigation: Pressure
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Why this is a deal
Classification
Standard
Deal Score
78/100
vs Similar Homes
137% above
vs Market Median
51% above
Price Reduced
10.2%
Area Growth (YoY)
1.2%
Deal Score Breakdown
78/100 · 1 qualifying signal
10% price reduction from original list — seller may be motivated
1.2% year-over-year ZHVI growth in this area
Priced 137% above the median of similar listings
Priced 51% above the per-subtype city median
LT net cashflow -$9,653/mo (-52.8% return on ownership cost) · STR net cashflow -$15,019/mo (-82.1% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
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
$9,825/mo
Range: $7,198 – $12,453
Net Monthly Cash Flow
−$9,654 /mo (−$115,842/yr)
Monthly rental income
Monthly ownership cost
Coverage
54%
Net /mo
−$9,653
DSCR
0.63
Est. Annual Revenue
$56,242/yr
$533/night · 23% occupancy · $278/bedroom · $0.27/sqft
Net Monthly Cash Flow
−$15,019 /mo (−$180,224/yr)
Monthly STR income
Monthly ownership cost
Coverage
26%
Net /mo
−$15,019
DSCR
0.24
Best Download
2 Gbps
Best Upload
1 Gbps
Fiber Available
No
Providers
9
Available Providers
$1,050,000
+157% vs median
115 days
98
$189,000 – $6,990,000
$12,605
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Daryn Edmunds - High Road Properties

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Devin Tanner - Utah Realtor
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