4445 MILLRACE, Oakley, UT 84055
4BD/—BA Residential in Oakley, UT 84055. 6,053 sqft. Built 2005. Listed at $7,500,000. MLS #2159093.
4BD/—BA Residential in Oakley, UT 84055. 6,053 sqft. Built 2005. Listed at $7,500,000. MLS #2159093.
Accessible via a private gated road, this extraordinary Weber River estate spans more than 20 acres with Weber River frontage and multiple ponds, offering a rare blend of privacy, natural beauty, abundant wildlife, and convenience. A rare riverfront sanctuary, this Estate is more than a home, it's an immersive experience in nature and design. At its heart, this property is an approximately 6,000-square-foot mountain contemporary residence designed by Otto Walker Architects for both entertaining and everyday living, featuring an open-concept great room with exposed wood beams, floor to ceiling windows and vaulted transom windows, semi formal dining area, cozy den, game room, two stone accented wood burning fireplaces, and a gourmet kitchen with Wolf and Sub-Zero appliances. The home includes three ensuite guest bedrooms and a private primary suite with its own deck and office. Connected to city water and sewer; additional conveniences include available water shares. A barn with stalls and fenced pastureland further enhances the property, all set within a landscape rich with wildlife. The property captures an unmatched connection to the outdoors with world-class fly fishing, riverfront living, and sweeping mountain and valley views, making it ideal as a private retreat, equestrian estate, or generational legacy property. Additional 20 Acre Parcel Available.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
2
Subdivision
OAKLEY TOWN
County
Summit
Zoning
Single-Family
Construction
Concrete,Stone,Other
Lot Size
20.8 sq ft
Above Grade Area
6,053 sq ft
Condition
Blt./Standing
MLS #
2159093
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
2
Subdivision
OAKLEY TOWN
County
Summit
Zoning
Single-Family
Construction
Concrete,Stone,Other
Lot Size
20.8 sq ft
Above Grade Area
6,053 sq ft
Condition
Blt./Standing
MLS #
2159093
List Price
$7,500,000
Annual Taxes
$15,778
Home Warranty
No
List Price
$7,500,000
Annual Taxes
$15,778
Home Warranty
No
Heating
Forced Air,Gas: Central,Wood
Cooling
Central Air
Roof
Wood
Flooring
Hardwood,Tile,Slate
Basement
None
Materials
Concrete,Stone,Other
Appliances
Portable Dishwasher,Dryer,Freezer,Gas Grill/BBQ,Microwave,Range Hood,Refrigerator,Washer
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary,Irrigation,Shares
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Heating
Forced Air,Gas: Central,Wood
Cooling
Central Air
Roof
Wood
Flooring
Hardwood,Tile,Slate
Basement
None
Materials
Concrete,Stone,Other
Appliances
Portable Dishwasher,Dryer,Freezer,Gas Grill/BBQ,Microwave,Range Hood,Refrigerator,Washer
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary,Irrigation,Shares
Sewer
Sewer: Connected,Sewer: Public
View
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
10/100
vs Similar Homes
384% above
vs Market Median
51% above
Area Growth (YoY)
0.1%
Deal Score Breakdown
10/100
Priced 384% above the median of similar listings
Priced 51% above the per-subtype city median
0.1% year-over-year ZHVI growth in this area
STR net cashflow -$41,895/mo (-86.0% 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
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.
Est. Annual Revenue
$116,459/yr
$730/night · 39% occupancy · $314/bedroom · $0.53/sqft
Net Monthly Cash Flow
−$41,894 /mo (−$502,731/yr)
Monthly STR income
Monthly ownership cost
Coverage
20%
Net /mo
−$41,895
DSCR
0.18
$780,000
+862% vs median
58 days
15
$399,000 – $7,500,000
$15,778
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