2450 SNAKE CREEK, Midway, UT 84049
2BD/—BA Residential in Midway, UT 84049. 1,796 sqft. Built 1977. Listed at $829,900. MLS #2153500.
2BD/—BA Residential in Midway, UT 84049. 1,796 sqft. Built 1977. Listed at $829,900. MLS #2153500.
Come and see this adorable cabin located in Midway! Tucked away in the serene Snake Creek Canyon of beautiful Midway is this charming, turnkey cabin that holds endless fun, solitude and beauty. Surrounded by timeless pines, streams and stunning mountain views, this secluded home has several features boasting comfort and relaxation. The main level has an open concept kitchen/family room with white quartz countertops, endless cabinetry, a pantry, one bowl stainless sink, subway tile, and stainless steel appliances. Beautiful hardwood floors and wide, double pain windows add to the openness along with a large family room that opens to a spacious deck perfect for entertaining, views, or to just relax. Upstairs are two en suite master bedrooms with large closets and a small built in desk. There is a walkout basement that has a gorgeous sauna to enjoy after outdoor activities of snowmobiling, snowshoeing or hiking and has a quaint gathering area for movies or games. This home has plenty of storage and endless cabinetry throughout. It is light and airy and can be enjoyed year round but not lived in full time. This property is located 10 minutes from downtown Midway where restaurants and shopping can be enjoyed. Wasatch Golf Course is around the corner and to world class skiing and fishing is 20 minutes away! This cabin is simply a recreational paradise! Please note this property is not part of an HOA but it does come with a water share and a voting right in the Snake Creek Mutual Water Company. An annual assessment of $746 is required and it is zoned for part time occupancy and rentals are not allowed. More detail provided with Seller's Disclosures. Additionally, the square footage figures are provided as a courtesy estimate only and were obtained from house plans/architectural drawings. Buyer is advised to obtain an independent measurement. All furnishings are included in the sale.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Cabin
Stories
3
Subdivision
K & J
County
Wasatch
Zoning
Single-Family
Construction
Cement Siding,Metal Siding
Lot Size
0.62 sq ft
Above Grade Area
1,299 sq ft
Condition
Blt./Standing
MLS #
2153500
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Cabin
Stories
3
Subdivision
K & J
County
Wasatch
Zoning
Single-Family
Construction
Cement Siding,Metal Siding
Lot Size
0.62 sq ft
Above Grade Area
1,299 sq ft
Condition
Blt./Standing
MLS #
2153500
List Price
$829,900
Original Price
$849,900
Annual Taxes
$1,844
Home Warranty
No
List Price
$829,900
Original Price
$849,900
Annual Taxes
$1,844
Home Warranty
No
Heating
Gas: Central,Gas: Stove,>= 95% efficiency
Cooling
Central Air
Roof
Metal,Pitched
Flooring
Hardwood,Tile
Basement
Walk-Out Access
Materials
Cement Siding,Metal Siding
Appliances
Ceiling Fan,Dryer,Microwave,Refrigerator,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary,Rights: Owned,Shares
Sewer
Septic Tank
Heating
Gas: Central,Gas: Stove,>= 95% efficiency
Cooling
Central Air
Roof
Metal,Pitched
Flooring
Hardwood,Tile
Basement
Walk-Out Access
Materials
Cement Siding,Metal Siding
Appliances
Ceiling Fan,Dryer,Microwave,Refrigerator,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary,Rights: Owned,Shares
Sewer
Septic Tank
Covered Spaces
0
Total Parking
4
Covered Spaces
0
Total Parking
4
Why this is a deal
Classification
Great Deal (vs Market)
Deal Score
100/100
vs Market Median
32% below
Price Reduced
2.4%
Area Growth (YoY)
1.8%
Deal Score Breakdown
100/100 · 1 qualifying signal
Priced 32% below the per-subtype city median
2% price reduction from original list — seller may be motivated
1.8% year-over-year ZHVI growth in this area
LT net cashflow -$2,937/mo (-53.7% return on ownership cost) · STR net cashflow -$4,027/mo (-73.7% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Not enough comparable listings
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
$2,873/mo
Range: $2,105 – $3,642
Net Monthly Cash Flow
−$2,937 /mo (−$35,248/yr)
Monthly rental income
Monthly ownership cost
Coverage
53%
Net /mo
−$2,937
DSCR
0.60
Est. Annual Revenue
$24,652/yr
$437/night · 39% occupancy · $204/bedroom · $0.27/sqft
Net Monthly Cash Flow
−$4,027 /mo (−$48,324/yr)
Monthly STR income
Monthly ownership cost
Coverage
38%
Net /mo
−$4,027
DSCR
0.34
$1,050,000
-21% vs median
115 days
98
$189,000 – $6,990,000
$1,844
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