2470 RIVER MEADOWS, Midway, UT 84049
6BD/—BA Residential in Midway, UT 84049. 4,461 sqft. Built 2017. Listed at $2,725,000. MLS #2168648.
6BD/—BA Residential in Midway, UT 84049. 4,461 sqft. Built 2017. Listed at $2,725,000. MLS #2168648.
Set in the prestigious River Meadows Ranch community, this home blends classic luxury with genuine warmth. The home unfolds across two thoughtfully designed levels with a "downhill" build offering main level living. A vaulted great room with touches like floor to ceiling stone around the gas fireplace, gallery windows to fill the space with light, custom lighting, and a chef's kitchen anchor the main level. The primary suite delivers spa-like calm with a soaking tub, oversized shower, and custom walk-in closet. Three additional bedrooms, two and a half bathrooms, a dedicated office, and a well-appointed mudroom/laundry round out the main level. Downstairs, a full wet bar, second family room, private wine enclave, and two more bedrooms create space to gather, unwind, or host guests in their own private wing. Walk outside and discover a fully landscaped lot built for entertaining: a deck stubbed for a gas grill, a flagstone patio with a hot tub, and a gas fire pit with views of Mt. Timpanogos. An oversized attached three-car garage with a built-in gym and a fully conditioned secondary garage perfect for RV, boat storage, or your dream private space, round out the offering. Ten minutes to Deer Valley's East Village, eight to downtown Midway, twenty to Park City, and forty-five to Salt Lake City International Airport, this home puts the entire Wasatch Back within easy reach.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
RIVER MEADOWS RANCH
County
Wasatch
Zoning
Single-Family
Construction
Stone,Other
Lot Size
1 sq ft
Above Grade Area
2,603 sq ft
Condition
Blt./Standing
MLS #
2168648
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
RIVER MEADOWS RANCH
County
Wasatch
Zoning
Single-Family
Construction
Stone,Other
Lot Size
1 sq ft
Above Grade Area
2,603 sq ft
Condition
Blt./Standing
MLS #
2168648
List Price
$2,725,000
HOA Fees
$700 / Annually
Annual Taxes
$10,869
Home Warranty
No
List Price
$2,725,000
HOA Fees
$700 / Annually
Annual Taxes
$10,869
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Walk-Out Access
Materials
Stone,Other
Appliances
Ceiling Fan,Dryer,Gas Grill/BBQ,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Laundry
Gas Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary,Irrigation
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Walk-Out Access
Materials
Stone,Other
Appliances
Ceiling Fan,Dryer,Gas Grill/BBQ,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Laundry
Gas Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary,Irrigation
Sewer
Sewer: Connected,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
25/100
vs Market Median
43% above
Area Growth (YoY)
1.8%
Deal Score Breakdown
25/100
1.8% year-over-year ZHVI growth in this area
Priced 43% above the per-subtype city median
LT net cashflow -$10,578/mo (-57.9% return on ownership cost) · STR net cashflow -$15,354/mo (-84.0% 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
Not enough comparable listings
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
$8,748/mo
Range: $6,134 – $11,362
Net Monthly Cash Flow
−$10,578 /mo (−$126,940/yr)
Monthly rental income
Monthly ownership cost
Coverage
48%
Net /mo
−$10,578
DSCR
0.56
Est. Annual Revenue
$50,096/yr
$530/night · 27% occupancy · $265/bedroom · $0.23/sqft
Net Monthly Cash Flow
−$15,354 /mo (−$184,244/yr)
Monthly STR income
Monthly ownership cost
Coverage
23%
Net /mo
−$15,354
DSCR
0.21
$1,023,000
+166% vs median
94 days
98
$15,000 – $9,400,000
$10,869
$700/annually
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Daryn Edmunds - High Road Properties
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