1029 ZERMATT, Midway, UT 84049
3BD/—BA Residential in Midway, UT 84049. 1,311 sqft. Built 1995. Listed at $535,000. MLS #2157923.
3BD/—BA Residential in Midway, UT 84049. 1,311 sqft. Built 1995. Listed at $535,000. MLS #2157923.
Adorable remodeled top-floor Swiss Oaks condo that is completely turn-key and ready for its next owner! Fully remodeled at the end of 2021, this bright and inviting 3-bedroom, 2-bath condo features vaulted ceilings throughout, new LVP flooring, fresh paint, updated lighting, roller shades, and beautifully renovated kitchen and bathrooms with custom tile work, new cabinetry, countertops, plumbing fixtures, and finishes throughout. The open kitchen, dining, and living area is filled with natural light and opens to a massive private deck with peaceful views toward Wasatch State Park - perfect for relaxing or entertaining. One bedroom is currently set up as an office/man cave with its own private deck but can easily be converted back into a traditional bedroom. The spacious primary suite includes an en-suite bath, while the additional guest bedroom and full bath provide plenty of room for family and guests. Offered fully furnished if desired, this condo is truly move-in ready. Additional features include one assigned covered garage parking space and an oversized 10x14 storage closet conveniently located next to the parking area - ideal for storing skis, bikes, golf clubs, and all your outdoor gear. Located in the charming mountain town of Midway, just minutes from multiple golf courses, Wasatch State Park, and only 12 minutes to Jordanelle Reservoir and Deer Valley's new East Village. Incredible opportunity for a full-time residence, vacation getaway, or investment property with year-round recreation right outside your door!
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
SWISS OAKS
County
Wasatch
Zoning
Multi-Family
Construction
Stucco
Lot Size
0.01 sq ft
Above Grade Area
1,311 sq ft
Condition
Blt./Standing
MLS #
2157923
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
SWISS OAKS
County
Wasatch
Zoning
Multi-Family
Construction
Stucco
Lot Size
0.01 sq ft
Above Grade Area
1,311 sq ft
Condition
Blt./Standing
MLS #
2157923
List Price
$535,000
HOA Fees
$450
Annual Taxes
$2,554
Home Warranty
No
List Price
$535,000
HOA Fees
$450
Annual Taxes
$2,554
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Basement
None
Materials
Stucco
Appliances
Ceiling Fan,Dryer,Refrigerator,Washer
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Basement
None
Materials
Stucco
Appliances
Ceiling Fan,Dryer,Refrigerator,Washer
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Why this is a deal
Classification
Great Deal (vs Market)
Deal Score
100/100
vs Similar Homes
41% above
vs Market Median
54% below
Area Growth (YoY)
0.5%
Deal Score Breakdown
100/100 · 1 qualifying signal
Priced 54% below the per-subtype city median
Priced 41% above the median of similar listings
0.5% year-over-year ZHVI growth in this area
LT net cashflow -$1,366/mo (-33.8% return on ownership cost) · STR net cashflow -$2,671/mo (-66.1% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
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
$3,042/mo
Range: $2,205 – $3,878
Net Monthly Cash Flow
−$1,365 /mo (−$16,382/yr)
Monthly rental income
Monthly ownership cost
Coverage
75%
Net /mo
−$1,366
DSCR
1.00
Est. Annual Revenue
$23,498/yr
$176/night · 36% occupancy · $132/bedroom · $0.20/sqft
Net Monthly Cash Flow
−$2,672 /mo (−$32,064/yr)
Monthly STR income
Monthly ownership cost
Coverage
48%
Net /mo
−$2,671
DSCR
0.51
Best Download
2 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
10
Available Providers
$1,105,000
-52% vs median
85 days
91
$189,000 – $8,500,000
$2,554
$450/mo
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Daryn Edmunds - High Road Properties
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