977 PARKWAY, North Salt Lake, UT 84054
5BD/—BA Residential in North Salt Lake, UT 84054. 5,544 sqft. Built 2015. Listed at $1,499,900. MLS #2138399.
5BD/—BA Residential in North Salt Lake, UT 84054. 5,544 sqft. Built 2015. Listed at $1,499,900. MLS #2138399.
Spectacular home just minutes from downtown, offering stunning lake, valley, and mountain views. The open main-floor plan features vaulted and extra-high ceilings, a chef's kitchen with double ovens, huge walk in pantry, professional refrigerator/freezer and oversized island. There are custom 4.5" shutters throughout. The primary suite includes a fireplace and covered deck access. The covered deck provides sweeping valley and mountain views, while the flat backyard offers usable outdoor space. Additional highlights include a dedicated theater room and a bonus room with half bath above the garage. The walkout basement opens to a covered patio, creating exceptional indoor-outdoor living. A new roof was installed in 2022, and the home is equipped with a whole-home fan for added comfort and efficiency. The south-facing orientation helps keep the driveway clear in winter. The very oversized garage offers approximately 1,466 sq. ft. of space, EV charging capability, and two large storage rooms. Buyer to verify all.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
3
County
Davis
Zoning
Single-Family
Construction
Stone
Lot Size
0.37 sq ft
Above Grade Area
3,089 sq ft
Condition
Blt./Standing
MLS #
2138399
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
3
County
Davis
Zoning
Single-Family
Construction
Stone
Lot Size
0.37 sq ft
Above Grade Area
3,089 sq ft
Condition
Blt./Standing
MLS #
2138399
List Price
$1,499,900
Original Price
$1,645,000
Annual Taxes
$8,845
Home Warranty
No
List Price
$1,499,900
Original Price
$1,645,000
Annual Taxes
$8,845
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Full,Walk-Out Access
Materials
Stone
Appliances
Ceiling Fan,Microwave,Range Hood,Refrigerator,Water Softener Owned
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio & Porch
Covered,Porch: Open
Water Source
Culinary,Secondary
Sewer
Sewer: Connected,Sewer: Public
View
Lake,Mountain(s),Valley
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Full,Walk-Out Access
Materials
Stone
Appliances
Ceiling Fan,Microwave,Range Hood,Refrigerator,Water Softener Owned
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio & Porch
Covered,Porch: Open
Water Source
Culinary,Secondary
Sewer
Sewer: Connected,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
45/100
vs Similar Homes
53% above
vs Market Median
53% above
Area Growth (YoY)
3.4%
Deal Score Breakdown
45/100
3.4% year-over-year ZHVI growth in this area
LT net cashflow -$1,309/mo (-11.8% return on ownership cost) · STR net cashflow -$9,180/mo (-82.5% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 53% above the median of similar listings
Priced 53% above the per-subtype city median
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.
Why this classification
Monthly Rent
$11,158/mo
Range: $1,325 – $20,990
Net Monthly Cash Flow
−$1,309 /mo (−$15,704/yr)
Monthly rental income
Monthly ownership cost
Coverage
100%
Net /mo
−$1,309
DSCR
1.20
Est. Annual Revenue
$33,381/yr
$154/night · 54% occupancy · $58/bedroom · $0.09/sqft
Net Monthly Cash Flow
−$9,182 /mo (−$110,183/yr)
Monthly STR income
Monthly ownership cost
Coverage
25%
Net /mo
−$9,180
DSCR
0.24
Best Download
2 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$548,000
+174% vs median
58 days
57
$230,000 – $3,495,000
$8,845
Low Crime
6.0
per 1,000
20.3
per 1,000
4.5
per 1,000
30.8
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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Daryn Edmunds - High Road Properties

Salt Lake City Real Estate Broker Focused on Pricing, Positioning, and Results

Devin Tanner - Utah Realtor
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