3618 TANNER GARDENS, Millcreek, UT 84109
5BD/—BA Residential in Millcreek, UT 84109. 5,852 sqft. Built 2018. Listed at $2,575,000. MLS #2159588.
5BD/—BA Residential in Millcreek, UT 84109. 5,852 sqft. Built 2018. Listed at $2,575,000. MLS #2159588.
Beautiful custom home in the highly desirable east Millcreek community with stunning Mount Olympus views through expansive walls of windows. Construction completed in 2019, this thoughtfully designed home offers over 5,800 sq ft, 5 bedrooms, 3 full baths, and 2 half baths with spacious open living areas and high-end finishes throughout. Features include a natural stone fireplace, large walk-in pantry, steam shower, walkout basement, RV/boat parking, and seamless indoor-outdoor living with a secluded paver patio, large covered deck, custom stone BBQ, stone fire pit, terraced rose garden, and custom grow boxes. The home also includes a mother-in-law apartment with a separate entrance, full kitchen, and private primary suite-ideal for guests, multigenerational living, or additional flexibility. Unique additional approximately 900 sq ft garage/workshop space below the main garage offers exceptional versatility for a gym, storage, hobbies, or recreational equipment with garage door access directly to the backyard. Incredible location with walkable access to local schools and close proximity to canyons, skiing, shopping, dining, downtown Salt Lake, and the University of Utah.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
County
Salt Lake
Zoning
Single-Family
Construction
Asphalt,Stone,Cement Siding
Lot Size
0.24 sq ft
Above Grade Area
3,686 sq ft
Condition
Blt./Standing
MLS #
2159588
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
County
Salt Lake
Zoning
Single-Family
Construction
Asphalt,Stone,Cement Siding
Lot Size
0.24 sq ft
Above Grade Area
3,686 sq ft
Condition
Blt./Standing
MLS #
2159588
List Price
$2,575,000
Annual Taxes
$3,960
Home Warranty
No
List Price
$2,575,000
Annual Taxes
$3,960
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Daylight,Entrance,Full,Walk-Out Access
Materials
Asphalt,Stone,Cement Siding
Appliances
Dryer,Gas Grill/BBQ,Microwave,Refrigerator,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio & Porch
Covered
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
Daylight,Entrance,Full,Walk-Out Access
Materials
Asphalt,Stone,Cement Siding
Appliances
Dryer,Gas Grill/BBQ,Microwave,Refrigerator,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
4
Covered Spaces
4
Total Parking
9
Garage Spaces
4
Covered Spaces
4
Total Parking
9
Classification
Standard
Deal Score
25/100
vs Similar Homes
112% above
vs Market Median
14% above
Area Growth (YoY)
1.7%
Deal Score Breakdown
25/100
1.7% year-over-year ZHVI growth in this area
Priced 112% above the median of similar listings
Priced 14% above the per-subtype city median
LT net cashflow -$5,610/mo (-33.6% return on ownership cost) · STR net cashflow -$12,877/mo (-77.2% 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
$12,590/mo
Range: $9,024 – $16,156
Net Monthly Cash Flow
−$5,610 /mo (−$67,323/yr)
Monthly rental income
Monthly ownership cost
Coverage
75%
Net /mo
−$5,610
DSCR
0.86
Est. Annual Revenue
$65,357/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$12,877 /mo (−$154,522/yr)
Monthly STR income
Monthly ownership cost
Coverage
33%
Net /mo
−$12,877
DSCR
0.29
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$650,000
+296% vs median
38 days
118
$214,000 – $4,495,000
$3,960
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