641 500, Midway, UT 84049
5BD/—BA Residential in Midway, UT 84049. 5,428 sqft. Built 2017. Listed at $2,299,000. MLS #2169662.
5BD/—BA Residential in Midway, UT 84049. 5,428 sqft. Built 2017. Listed at $2,299,000. MLS #2169662.
Country living at its "finest"!!! The location of this custom home is in one of the most coveted areas in Utah. This location is very private, with elevated views that are "priceless". Views of Mount Timpanogos is out the back, and overlooking the 'Swiss' town of Midway out the front, and the Heber Valley towards the east. Home sits on a fully landscaped, pristine, 1.17 acre lot on the West bench of Midway. There is room for a barn, or other outbuildings, and or a possible guest-home if desired. There is NO HOA!!!!! This property is horse property, and livestock is allowed. Property is very close to Wasatch State Park with miles of trails out the front door. There's plenty of extra parking in addition to the oversized 3 car garage. Home has timber-framed back and front porches. The home has an extra large party-deck off of the kitchen to entertain guests. A cozy, but large family room is open to the kitchen, and is accented by a beautiful fireplace and extra tall windows overlooking the Heber Valley, and down toward Deer Creek Reservoir. The kitchen is a custom gourmet kitchen with stunning cabinetry, quartz counter-tops, double-oven, extra large stainless refrigerator, and oversized granite island. All main level interior doors are oversized. Home has a custom cathedral ceiling in the family room. A bonus/activity room upstairs with potential for a bunkroom. Many many extras to mention about this home & property. Every inch of the home is custom, and was built by an award winning custom home builder in Utah. Home was built in 2017. This property is close to Soldier Hollow golf course, and a couple of miles north of Deer Creek Reservoir. The property is minutes within 4 major ski resorts, and less than an hour from
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
County
Wasatch
Zoning
Single-Family
Construction
Stone,Cement Siding
Lot Size
1.17 sq ft
Above Grade Area
3,025 sq ft
Condition
Blt./Standing
MLS #
2169662
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
County
Wasatch
Zoning
Single-Family
Construction
Stone,Cement Siding
Lot Size
1.17 sq ft
Above Grade Area
3,025 sq ft
Condition
Blt./Standing
MLS #
2169662
List Price
$2,299,000
Annual Taxes
$10,244
Home Warranty
No
List Price
$2,299,000
Annual Taxes
$10,244
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood
Basement
Full
Materials
Stone,Cement Siding
Patio & Porch
Covered,Patio: Open
Water Source
Culinary,Irrigation,Irrigation: Pressure,Secondary
Sewer
Septic Tank
View
Mountain(s)
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood
Basement
Full
Materials
Stone,Cement Siding
Patio & Porch
Covered,Patio: Open
Water Source
Culinary,Irrigation,Irrigation: Pressure,Secondary
Sewer
Septic Tank
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
30/100
vs Similar Homes
39% above
vs Market Median
2% above
Area Growth (YoY)
0.2%
Deal Score Breakdown
30/100
Priced 2% above the per-subtype city median
Priced 39% above the median of similar listings
0.2% year-over-year ZHVI growth in this area
LT net cashflow -$6,998/mo (-45.3% return on ownership cost) · STR net cashflow -$12,703/mo (-82.2% 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
$9,616/mo
Range: $6,743 – $12,488
Net Monthly Cash Flow
−$6,997 /mo (−$83,970/yr)
Monthly rental income
Monthly ownership cost
Coverage
62%
Net /mo
−$6,998
DSCR
0.73
Est. Annual Revenue
$47,253/yr
$193/night · 39% occupancy · $125/bedroom · $0.24/sqft
Net Monthly Cash Flow
−$12,704 /mo (−$152,445/yr)
Monthly STR income
Monthly ownership cost
Coverage
26%
Net /mo
−$12,703
DSCR
0.24
$1,023,000
+125% vs median
94 days
98
$15,000 – $9,400,000
$10,244
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