788 CENTER, Midway, UT 84049
4BD/—BA Residential in Midway, UT 84049. 4,628 sqft. Built 1994. Listed at $2,400,000. MLS #2161738.
4BD/—BA Residential in Midway, UT 84049. 4,628 sqft. Built 1994. Listed at $2,400,000. MLS #2161738.
Nestled on Midway's iconic tree-lined Center Street, this beautifully maintained home offers a rare blend of privacy, comfort, and year-round enjoyment. A charming stream flows through the backyard, creating a serene setting that feels like a private mountain retreat. Designed with family gatherings and entertaining in mind, the expansive outdoor space features a dedicated softball area, lush garden, abundant storage for picnic tables and outdoor equipment, and exceptional privacy. The property also includes a detached second garage with an ADU, currently used seasonally by the owners and offering potential for year-round living with modifications. Inside, pride of ownership is evident throughout. The home features four bedrooms, four bathrooms, two fireplaces, and an efficient pellet stove that provides the warmth and function of an additional furnace. The spacious primary suite is conveniently located on the main level, making this an easy and comfortable home to enjoy for years to come. Originally built in 1994 and thoughtfully expanded in 2008, the home offers flexible living spaces and quality craftsmanship throughout. Situated in the heart of Midway, this exceptional property provides easy access to year-round outdoor recreation and is just minutes from downtown Midway's shops, restaurants, and small-town charm. Deer Valley's world-class skiing, dining, and entertainment are also just a short drive away, making this an ideal home base for enjoying everything the area has to offer.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Tudor
Stories
2
Subdivision
MIDWAY FARMS
County
Wasatch
Zoning
Single-Family, Agricultural
Construction
Brick,Stucco
Lot Size
0.9 sq ft
Above Grade Area
4,628 sq ft
Condition
Blt./Standing
MLS #
2161738
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Tudor
Stories
2
Subdivision
MIDWAY FARMS
County
Wasatch
Zoning
Single-Family, Agricultural
Construction
Brick,Stucco
Lot Size
0.9 sq ft
Above Grade Area
4,628 sq ft
Condition
Blt./Standing
MLS #
2161738
List Price
$2,400,000
HOA Fees
$50 / Annually
Annual Taxes
$5,600
Home Warranty
No
List Price
$2,400,000
HOA Fees
$50 / Annually
Annual Taxes
$5,600
Home Warranty
No
Heating
Forced Air,Wood
Cooling
Central Air
Roof
Metal
Flooring
Carpet,Hardwood,Tile
Basement
None
Materials
Brick,Stucco
Appliances
Ceiling Fan,Dryer,Microwave,Refrigerator,Satellite Equipment,Satellite Dish,Washer,Water Softener Owned
Patio & Porch
Covered,Porch: Open,Patio: Open
Water Source
Culinary,Irrigation
Sewer
Sewer: Connected,Sewer: Public
Heating
Forced Air,Wood
Cooling
Central Air
Roof
Metal
Flooring
Carpet,Hardwood,Tile
Basement
None
Materials
Brick,Stucco
Appliances
Ceiling Fan,Dryer,Microwave,Refrigerator,Satellite Equipment,Satellite Dish,Washer,Water Softener Owned
Patio & Porch
Covered,Porch: Open,Patio: Open
Water Source
Culinary,Irrigation
Sewer
Sewer: Connected,Sewer: Public
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Classification
Standard
Deal Score
30/100
vs Similar Homes
2% above
vs Market Median
78% above
Area Growth (YoY)
0.1%
Deal Score Breakdown
30/100
Priced 2% above the median of similar listings
Priced 78% above the per-subtype city median
0.1% year-over-year ZHVI growth in this area
LT net cashflow -$8,621/mo (-54.5% return on ownership cost) · STR net cashflow -$15,406/mo (-97.3% 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.
Monthly Rent
$8,194/mo
Range: $6,003 – $10,386
Net Monthly Cash Flow
−$8,621 /mo (−$103,450/yr)
Monthly rental income
Monthly ownership cost
Coverage
52%
Net /mo
−$8,621
DSCR
0.59
Est. Annual Revenue
$7,295/yr
$685/night · 32% occupancy · $171/bedroom · $0.21/sqft
Net Monthly Cash Flow
−$15,406 /mo (−$184,871/yr)
Monthly STR income
Monthly ownership cost
Coverage
4%
Net /mo
−$15,406
DSCR
0.03
Best Download
2 Gbps
Best Upload
1 Gbps
Fiber Available
No
Providers
9
Available Providers
$1,050,000
+129% vs median
115 days
98
$189,000 – $6,990,000
$5,600
$50/annually
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Devin Tanner - Utah Realtor
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