623 CENTER, Midway, UT 84049
5BD/—BA Residential in Midway, UT 84049. 4,234 sqft. Built 1974. Listed at $2,399,000. MLS #2124784.
5BD/—BA Residential in Midway, UT 84049. 4,234 sqft. Built 1974. Listed at $2,399,000. MLS #2124784.
Rare find in Midway!!!! 1.3 acres of pristine property. The location of this house and barn make the perfect getaway in one of the most unique mountain towns in Utah. Just minutes away from World class skiing , golfing , and fishing. The property is horse property, and has the space for any activity the new buyer would like to add, like a pool, or tennis court, or pickleball court. The views up Snake Creek Canyon and also Mount Timpanogas are stunning. This cozy and comfortable 5 bedroom home has an open kitchen with plenty of space for family parties. Two comfortable sized family rooms with two gas fireplaces. Master bedroom is on the main level, with a great view of the mountains from the master bathroom. The heated barn/rec building can hold 8 to 10 cars. The building has living quarters in it, with one bedroom, one 3/4 bathroom, kitchenette and living area. RV Pad on West Side with more covered parking or storage on north side. Two large storage rooms inside as well. Both buildings have brand new roofs in 2025. This property is priced below 2025 appraisal. Come take a look, and you'll fall in love with the property, location, and Midway.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
2
Subdivision
MIDWAY FARMS
County
Wasatch
Zoning
Single-Family
Construction
Frame,Stone
Lot Size
1.3 sq ft
Above Grade Area
4,234 sq ft
Condition
Blt./Standing
MLS #
2124784
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
2
Subdivision
MIDWAY FARMS
County
Wasatch
Zoning
Single-Family
Construction
Frame,Stone
Lot Size
1.3 sq ft
Above Grade Area
4,234 sq ft
Condition
Blt./Standing
MLS #
2124784
List Price
$2,399,000
Original Price
$2,999,000
HOA Fees
$50 / Annually
Annual Taxes
$11,821
Home Warranty
No
List Price
$2,399,000
Original Price
$2,999,000
HOA Fees
$50 / Annually
Annual Taxes
$11,821
Home Warranty
No
Heating
Forced Air,Gas: Radiant
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
None
Materials
Frame,Stone
Appliances
Ceiling Fan,Microwave,Refrigerator
Laundry
Gas Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Forced Air,Gas: Radiant
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
None
Materials
Frame,Stone
Appliances
Ceiling Fan,Microwave,Refrigerator
Laundry
Gas Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Garage Spaces
4
Covered Spaces
4
Total Parking
4
Garage Spaces
4
Covered Spaces
4
Total Parking
4
Why this is a deal
Classification
Great Deal (vs Market)
Deal Score
100/100
vs Similar Homes
97% above
vs Market Median
28% below
Price Reduced
20.0%
Area Growth (YoY)
0.1%
Deal Score Breakdown
100/100 · 2 qualifying signals
20% price reduction from original list — seller may be motivated
Priced 28% below the per-subtype city median
Priced 97% above the median of similar listings
0.1% year-over-year ZHVI growth in this area
LT net cashflow -$9,231/mo (-56.5% return on ownership cost) · STR net cashflow -$15,902/mo (-97.3% 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
$8,082/mo
Range: $5,921 – $10,244
Net Monthly Cash Flow
−$9,232 /mo (−$110,782/yr)
Monthly rental income
Monthly ownership cost
Coverage
50%
Net /mo
−$9,231
DSCR
0.59
Est. Annual Revenue
$7,573/yr
$685/night · 32% occupancy · $171/bedroom · $0.21/sqft
Net Monthly Cash Flow
−$15,903 /mo (−$190,833/yr)
Monthly STR income
Monthly ownership cost
Coverage
4%
Net /mo
−$15,902
DSCR
0.04
Best Download
2 Gbps
Best Upload
1 Gbps
Fiber Available
No
Providers
9
Available Providers
$1,050,000
+128% vs median
115 days
98
$189,000 – $6,990,000
$11,821
$50/annually
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Daryn Edmunds - High Road Properties

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Devin Tanner - Utah Realtor
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