846 SCHONERBERG, Midway, UT 84049
5BD/—BA Residential in Midway, UT 84049. 3,730 sqft. Built 2026. Listed at $300,000. MLS #2148053.
5BD/—BA Residential in Midway, UT 84049. 3,730 sqft. Built 2026. Listed at $300,000. MLS #2148053.
Own your dream mountain home in Midway for a fraction of the cost with this luxury co-ownership opportunity-enjoy 44+ nights per year while building real equity. This professionally managed, turnkey home offers zero maintenance and effortless scheduling through the Ember app, plus optional nightly rental income when you're away. Crafted by Utah's most decorated luxury home builders, Davies Design Build, the home features five bedrooms, four with ensuite bathrooms, including a convenient main-level suite, offering an ideal layout for hosting, comfort, and versatility. Designed as the ultimate basecamp, the residence places you moments from skiing at Deer Valley Resort, boating on Deer Creek Reservoir, and exploring the trails of the Uinta Mountains. Inside, every detail is thoughtfully curated with premium finishes, including custom quartz countertops, handcrafted cabinetry, and top-of-the-line Sub-Zero and Wolf appliances. Expansive windows and soaring ceilings invite in abundant natural light while framing picturesque mountain views. Located in the gated community of Alcove, this residence presents a rare opportunity to own a thoughtfully designed mountain home where luxury, flexibility, and lifestyle converge. As a limited-time offering, initial buyers will receive a complimentary private hot tub and the first year of HOA dues covered.
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-mid
Stories
2
Subdivision
ALCOVE
County
Wasatch
Zoning
Multi-Family
Construction
Clapboard/Masonite,Stone,Other
Lot Size
0.05 sq ft
Above Grade Area
3,730 sq ft
MLS #
2148053
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-mid
Stories
2
Subdivision
ALCOVE
County
Wasatch
Zoning
Multi-Family
Construction
Clapboard/Masonite,Stone,Other
Lot Size
0.05 sq ft
Above Grade Area
3,730 sq ft
MLS #
2148053
List Price
$300,000
HOA Fees
$50 / Monthly
Annual Taxes
$1
Home Warranty
No
List Price
$300,000
HOA Fees
$50 / Monthly
Annual Taxes
$1
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Hardwood,Tile
Basement
None
Materials
Clapboard/Masonite,Stone,Other
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Hardwood,Tile
Basement
None
Materials
Clapboard/Masonite,Stone,Other
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Why this is a deal
Classification
Exceptional DealDeal Score
100/100
vs Similar Homes
59% below
vs Market Median
83% below
Area Growth (YoY)
0.5%
Deal Score Breakdown
100/100 · 3 qualifying signals
LT net cashflow +$4,523/mo (+232.5% return on ownership cost) · STR net cashflow +$220/mo (+11.3% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 59% below the median of similar listings
Priced 83% below the per-subtype city median
0.5% year-over-year ZHVI growth in this area
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
$7,350/mo
Range: $4,492 – $10,208
Net Monthly Cash Flow
+$4,523 /mo (+$54,276/yr)
Monthly rental income
Monthly ownership cost
Coverage
378%
Net /mo
+$4,523
DSCR
4.33
Est. Annual Revenue
$37,109/yr
$176/night · 36% occupancy · $132/bedroom · $0.20/sqft
Net Monthly Cash Flow
+$219 /mo (+$2,633/yr)
Monthly STR income
Monthly ownership cost
Coverage
159%
Net /mo
+$220
DSCR
1.45
Best Download
2 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
10
Available Providers
$1,105,000
-73% vs median
85 days
91
$189,000 – $8,500,000
$1
$50/monthly
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