283 JUNGFRAU HILL, Midway, UT 84049
5BD/—BA Residential in Midway, UT 84049. 4,680 sqft. Built 2027. Listed at $4,000,000. MLS #2168577.
5BD/—BA Residential in Midway, UT 84049. 4,680 sqft. Built 2027. Listed at $4,000,000. MLS #2168577.
A true work of art above Midway. This residence is designed to cascade down a steep mountainside over four distinct levels, capturing the drama of its setting at every turn. From its elevated position, the home overlooks Deer Creek Reservoir, Mount Timpanogos, and the full sweep of the Heber Valley, creating an experience that feels both expansive and deeply connected to the landscape. The craftsmanship and finishings have been selected to match the rarity of the site and the ambition of the architecture. Imported Italian Poliform cabinetry brings a refined quality presence throughout the home. Premium Miele and Fisher & Paykel appliances, radiant in-floor heating, two large fireplaces, and a fully heated driveway support a level of comfort and quality worthy of a true custom mountain residence. Nothing here feels ordinary or off-the-shelf; the home is crafted to feel intentional, elevated, and unique. Inside, approximately 4,680 square feet of living space unfold with a focus on view and privacy. The two-level great room serves as the heart of the home, rising through the structure to create openness and connection between levels. Above, a dramatic loft overlooks the main living space, adding architectural interest, visual depth, and a unique vantage point to experience the home's extraordinary setting. The lower level is a private wellness retreat, featuring a dedicated fitness space, a versatile swim spa designed for both relaxation and counter-current swimming. Plus, an infrared sauna and steam shower for a true spa-like experience. A full three-car garage with a mudroom entry provides practical space for skis and gear storage, making the home suited for the buyer who lives a true mountain lifestyle. Created for those who value design, privacy, views, and a level of finish that matches the land beneath it. Truly one of a kind, this architectural masterpiece lives in perfect synergy with its environment.
Property Type
Residential
Property Style
Single Family Residence
Stories
4
County
Wasatch
Zoning
Single-Family
Construction
Stone,Metal Siding
Lot Size
0.74 sq ft
Above Grade Area
2,474 sq ft
MLS #
2168577
Property Type
Residential
Property Style
Single Family Residence
Stories
4
County
Wasatch
Zoning
Single-Family
Construction
Stone,Metal Siding
Lot Size
0.74 sq ft
Above Grade Area
2,474 sq ft
MLS #
2168577
List Price
$4,000,000
HOA Fees
$972 / Annually
Annual Taxes
$431
Home Warranty
No
List Price
$4,000,000
HOA Fees
$972 / Annually
Annual Taxes
$431
Home Warranty
No
Heating
Electric,Forced Air
Cooling
Central Air
Roof
Metal
Flooring
Hardwood,Tile
Basement
Walk-Out Access
Materials
Stone,Metal Siding
Appliances
Freezer,Refrigerator
Water Source
Irrigation
Sewer
Sewer: Public
View
Lake,Mountain(s),Valley
Heating
Electric,Forced Air
Cooling
Central Air
Roof
Metal
Flooring
Hardwood,Tile
Basement
Walk-Out Access
Materials
Stone,Metal Siding
Appliances
Freezer,Refrigerator
Water Source
Irrigation
Sewer
Sewer: Public
View
Lake,Mountain(s),Valley
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Classification
Standard
Deal Score
25/100
vs Similar Homes
74% above
vs Market Median
110% above
Area Growth (YoY)
1.2%
Deal Score Breakdown
25/100
1.2% year-over-year ZHVI growth in this area
Priced 74% above the median of similar listings
Priced 110% above the per-subtype city median
LT net cashflow -$18,311/mo (-70.8% return on ownership cost) · STR net cashflow -$22,866/mo (-88.5% 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.
Monthly Rent
$8,562/mo
Range: $5,726 – $11,398
Net Monthly Cash Flow
−$18,310 /mo (−$219,721/yr)
Monthly rental income
Monthly ownership cost
Coverage
33%
Net /mo
−$18,311
DSCR
0.37
Est. Annual Revenue
$51,074/yr
$524/night · 23% occupancy · $278/bedroom · $0.27/sqft
Net Monthly Cash Flow
−$22,865 /mo (−$274,379/yr)
Monthly STR income
Monthly ownership cost
Coverage
17%
Net /mo
−$22,866
DSCR
0.15
$966,500
+314% vs median
92 days
96
$15,000 – $9,400,000
$431
$972/annually
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