557 CRAFTSMAN, Midway, UT 84049
4BD/—BA Residential in Midway, UT 84049. 2,695 sqft. Built 2007. Listed at $1,199,900. MLS #2161991.
4BD/—BA Residential in Midway, UT 84049. 2,695 sqft. Built 2007. Listed at $1,199,900. MLS #2161991.
Tucked into one of Heber Valley's most coveted addresses, this thoughtfully designed 4-bedroom, 3.5-bath home on Craftsman Way offers the rare combination of mountain serenity and everyday convenience that draws buyers to Midway from across the region. The main-level primary suite is the centerpiece of a layout built for real life, keeping everything you need day-to-day on one floor. Upstairs, a generous loft anchors the secondary living space, flanked by three additional bedrooms, giving everyone room to spread out. Home to some of Utah's most spectacular hiking, biking, and golf. Deer Creek reservoir is so close you can create amazing summer memories. Also positioned within easy reach of Park City's world-class ski resorts, Deer Valley, and Sundance Mountain Resort. Whether you're chasing powder in winter or wildflowers in summer, the adventure begins practically at your doorstep. Midway itself is a gem: a charming Swiss-heritage town known for its hot springs, Swiss Days festival, and a tight-knit community feel that's increasingly rare along the Wasatch Front. This is an extremely desirable neighborhood, this is mountain living without compromise, where the views are real, the air is clean, and every season brings something worth staying for.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
2
Subdivision
DUTCH FIELDS
County
Wasatch
Zoning
Single-Family
Construction
Stone,Cement Siding
Lot Size
0.11 sq ft
Above Grade Area
2,695 sq ft
Condition
Blt./Standing
MLS #
2161991
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
2
Subdivision
DUTCH FIELDS
County
Wasatch
Zoning
Single-Family
Construction
Stone,Cement Siding
Lot Size
0.11 sq ft
Above Grade Area
2,695 sq ft
Condition
Blt./Standing
MLS #
2161991
List Price
$1,199,900
HOA Fees
$205 / Monthly
Annual Taxes
$5,418
Home Warranty
No
List Price
$1,199,900
HOA Fees
$205 / Monthly
Annual Taxes
$5,418
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
None
Materials
Stone,Cement Siding
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
None
Materials
Stone,Cement Siding
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
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
Standard
Deal Score
72/100
vs Similar Homes
9% above
vs Market Median
10% below
Area Growth (YoY)
-1.4%
Deal Score Breakdown
72/100 · 1 qualifying signal
Priced 10% below the per-subtype city median
Priced 9% above the median of similar listings
-1.4% year-over-year ZHVI growth in this area
LT net cashflow -$4,137/mo (-49.6% return on ownership cost) · STR net cashflow -$7,880/mo (-94.5% 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
$4,772/mo
Range: $3,496 – $6,048
Net Monthly Cash Flow
−$4,137 /mo (−$49,648/yr)
Monthly rental income
Monthly ownership cost
Coverage
57%
Net /mo
−$4,137
DSCR
0.69
Est. Annual Revenue
$7,815/yr
$633/night · 58% occupancy · $158/bedroom · $0.23/sqft
Net Monthly Cash Flow
−$7,881 /mo (−$94,573/yr)
Monthly STR income
Monthly ownership cost
Coverage
8%
Net /mo
−$7,880
DSCR
0.07
Best Download
1.2 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
9
Available Providers
$1,050,000
+14% vs median
115 days
98
$189,000 – $6,990,000
$5,418
$205/monthly
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