5196 RODEO, Oakley, UT 84055
6BD/—BA Residential in Oakley, UT 84055. 3,514 sqft. Built 2002. Listed at $795,000. MLS #2169887.
6BD/—BA Residential in Oakley, UT 84055. 3,514 sqft. Built 2002. Listed at $795,000. MLS #2169887.
Welcome to 5196 Rodeo Circle, a meticulously maintained 6-bedroom, 3-bath ranch home nestled on a beautifully landscaped .24-acre cul-de-sac lot in the desirable North Bench Farms community of Oakley. Offering exceptional value, opportunities to own a home under $800,000 in Summit County are increasingly rare. This is a residence where comfort, pride of ownership, and thoughtful updates come together to create a home you'll appreciate from the moment you arrive. The heart of the home is the fully renovated kitchen, thoughtfully designed with quality finishes, abundant workspace, and an inviting layout that opens seamlessly to the main living areas. Offering 6 bedrooms, 3 full baths, and two complete kitchens, one in the fully finished lower level, the flexible floor plan provides exceptional versatility for multi-generational living, extended guests, entertaining, or additional privacy. A bonus room is ideal as a craft room, playroom, fitness studio, media room, or home office. Step outside and enjoy a backyard covered patio, perfect for summer gatherings and grilling on the Traeger, while raised vegetable gardens are thoughtfully fenced to help protect your harvest from local wildlife. Dedicated He Shed and She Shed spaces offer endless possibilities for hobbies, workshops, creative pursuits, or extra storage. There's even dedicated RV parking, making it easy to accommodate all of your recreational adventures. Located at the gateway to the Uinta-Wasatch-Cache National Forest, this home places year-round recreation just minutes away. Enjoy hiking, mountain biking, horseback riding, fly fishing, ATV and UTV trails, snowmobiling, camping, and world-class skiing-all while coming home to the peace and charm of a true small-town community. Oakley is celebrated for its western heritage, the famous Oakley Rodeo, and a hometown spirit that's becoming harder to find. Here, neighbors know one another, roadside farm stands dot the landscape, and tractors are just as common as luxury vehicles. Neighbors gather on warm summer evenings, community traditions endure, and Oakley's welcoming small-town spirit is part of everyday life. Grab breakfast at the Oakley Diner, stop by the local feed store, and experience a place where country living remains authentic. Surrounded by scenic horse properties and multi-million-dollar ranches, North Bench Farms offers an affordable opportunity to enjoy the coveted Summit County lifestyle.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
3
Subdivision
NORTH BENCH FARMS
County
Summit
Zoning
Single-Family
Construction
Stone,Stucco
Lot Size
0.22 sq ft
Above Grade Area
1,975 sq ft
Condition
Blt./Standing
MLS #
2169887
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
3
Subdivision
NORTH BENCH FARMS
County
Summit
Zoning
Single-Family
Construction
Stone,Stucco
Lot Size
0.22 sq ft
Above Grade Area
1,975 sq ft
Condition
Blt./Standing
MLS #
2169887
List Price
$795,000
HOA Fees
$300 / Annually
Annual Taxes
$2,257
Home Warranty
Yes
List Price
$795,000
HOA Fees
$300 / Annually
Annual Taxes
$2,257
Home Warranty
Yes
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Full
Materials
Stone,Stucco
Appliances
Ceiling Fan,Dryer,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Covered,Porch: Open
Water Source
Culinary,Secondary
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Full
Materials
Stone,Stucco
Appliances
Ceiling Fan,Dryer,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Covered,Porch: Open
Water Source
Culinary,Secondary
Sewer
Sewer: Connected
View
Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
8
Garage Spaces
2
Covered Spaces
2
Total Parking
8
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
100/100
vs Similar Homes
45% below
vs Market Median
1% below
Area Growth (YoY)
1.6%
Deal Score Breakdown
100/100 · 1 qualifying signal
Priced 45% below the median of similar listings
Priced 1% below the per-subtype city median
1.6% year-over-year ZHVI growth in this area
STR net cashflow -$1,444/mo (-27.1% 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.
Why this classification
Est. Annual Revenue
$66,550/yr
$690/night · 42% occupancy · $121/bedroom · $0.49/sqft
Net Monthly Cash Flow
−$1,445 /mo (−$17,337/yr)
Monthly STR income
Monthly ownership cost
Coverage
104%
Net /mo
−$1,444
DSCR
0.96
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
8
Available Providers
$560,000
+42% vs median
44 days
33
$309,000 – $10,778,000
$2,257
$300/annually
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Daryn Edmunds - High Road Properties

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Devin Tanner - Utah Realtor
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