512 FARMHOUSE, Midway, UT 84049
4BD/—BA Residential in Midway, UT 84049. 4,314 sqft. Built 2021. Listed at $2,195,000. MLS #2164957.
4BD/—BA Residential in Midway, UT 84049. 4,314 sqft. Built 2021. Listed at $2,195,000. MLS #2164957.
Ideal for entertaining, this impeccable home includes a 3-car garage, an open floor plan featuring a well-appointed great room with 14 foot ceilings and a convenient access to the romantic backyard complete with a pergola, in-ground hot tub, firepit and beautifully detailed landscaping. The perfect indoor/outdoor living space has already been created for you! The gourmet kitchen makes a statement with its premium finishes, timeless cabinets, stainless steel appliances, butler's pass-through with additional countertop and storage space, and large walk-in pantry. The dining area is adjacent to the kitchen and provides a convenient and intimate setting that is bathed in natural sunlight. The great room is the perfect setting for relaxation with its cozy fireplace, concealed TV and plenty of space to spread out. A sizeable secondary bedroom on the main floor has its own private entrance, kitchenette, walk-in closet and gorgeous en-suite bathroom. The primary suite is in the back of the home for a more intimate, private setting. The large primary bedroom suite offers a luxurious bathroom that features a huge walk-in shower, enclosed commode, double vanity sinks, floated shelves and impressive closet space with a pass-through to the laundry and mudroom. If you need extra entertainment and sleeping space, the upper level will check all of the boxes. With a secondary family room that can function as a game room, adjoining theater space that can double as an additional bedroom, you will also have two incredibly spacious bedrooms with ample storage, window seats and en-suite bathrooms. The oversized bedrooms throughout this home give you plenty of space to breathe and storage to put away your things. Come and enjoy all that Remund Farms has to offer from the peaceful walking trails, parks, large open spaces, activity barn, community pool, clubhouse, gardens, and playgrounds. Next to 3 championship golf courses, Deer Creek and the tranquility of the wandering Provo River. Remund Farms offers everything you want and need to enjoy the quiet country life, including being able to sit back and let someone else care for your lush landscaping, amenities and endless common areas. Get nestled in the good life with this rare living opportunity with nothing like it in the area!
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
2
Subdivision
REMUND FARMS
County
Wasatch
Zoning
Single-Family
Construction
Stone,Other
Lot Size
0.1 sq ft
Above Grade Area
4,314 sq ft
Condition
Blt./Standing
MLS #
2164957
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
2
Subdivision
REMUND FARMS
County
Wasatch
Zoning
Single-Family
Construction
Stone,Other
Lot Size
0.1 sq ft
Above Grade Area
4,314 sq ft
Condition
Blt./Standing
MLS #
2164957
List Price
$2,195,000
HOA Fees
$330 / Monthly
Annual Taxes
$8,104
Home Warranty
No
List Price
$2,195,000
HOA Fees
$330 / Monthly
Annual Taxes
$8,104
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt,Metal
Flooring
Carpet,Hardwood,Tile
Basement
None
Materials
Stone,Other
Patio & Porch
Covered
Water Source
Culinary,Irrigation
Sewer
Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt,Metal
Flooring
Carpet,Hardwood,Tile
Basement
None
Materials
Stone,Other
Patio & Porch
Covered
Water Source
Culinary,Irrigation
Sewer
Sewer: Public
View
Mountain(s)
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Classification
Standard
Deal Score
10/100
vs Similar Homes
10% above
vs Market Median
26% above
Area Growth (YoY)
0.1%
Deal Score Breakdown
10/100
Priced 10% above the median of similar listings
Priced 26% above the per-subtype city median
0.1% year-over-year ZHVI growth in this area
LT net cashflow -$8,355/mo (-55.9% return on ownership cost) · STR net cashflow -$14,542/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
$7,494/mo
Range: $5,255 – $9,733
Net Monthly Cash Flow
−$8,355 /mo (−$100,265/yr)
Monthly rental income
Monthly ownership cost
Coverage
50%
Net /mo
−$8,355
DSCR
0.60
Est. Annual Revenue
$6,994/yr
$685/night · 32% occupancy · $171/bedroom · $0.21/sqft
Net Monthly Cash Flow
−$14,544 /mo (−$174,523/yr)
Monthly STR income
Monthly ownership cost
Coverage
4%
Net /mo
−$14,542
DSCR
0.04
Best Download
2 Gbps
Best Upload
1 Gbps
Fiber Available
No
Providers
9
Available Providers
$1,023,000
+115% vs median
94 days
98
$15,000 – $9,400,000
$8,104
$330/monthly
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Devin Tanner - Utah Realtor

Daryn Edmunds - High Road Properties
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