6835 1340, Price, UT 84501
3BD/—BA Residential in Price, UT 84501. 4,392 sqft. Built 1982. Listed at $650,000. MLS #2116127.
3BD/—BA Residential in Price, UT 84501. 4,392 sqft. Built 1982. Listed at $650,000. MLS #2116127.
Exceptional investment and value-add opportunity on approximately 10 acres with significant upside potential. Priced to reflect current condition, this property offers the chance to create substantial equity in a truly unique setting. The estate features a private lake of over one acre, approximately 15 feet deep, with a swim deck for year-round recreation, including fishing and ice skating. Two water shares are included to support the lake and irrigation-an increasingly valuable asset. The home offers strong foundational features, including a spacious layout, large patio with 360-degree views, and a primary suite designed as a private retreat with a fireplace, sitting area, and a unique Habitat unit for steaming and relaxation. With renovation, this property has the potential to compete in a higher-end market segment. Additional improvements include a two-car attached garage, a detached 20x40 (4+ car) garage with 220 power, and a 36x36 barn with six stalls and 220 power-ideal for a variety of uses, including hobby, storage, or equestrian purposes. Distinctive finishes such as Pakistani onyx marble at the entry and Italian marble throughout the primary suite provide a strong foundation for a high-end transformation. Opportunities like this-combining acreage, water, a private lake, and luxury potential-are rare. This property is well-suited for investors or buyers looking to unlock value through renovation and vision. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
County
Carbon
Zoning
Single-Family
Construction
Brick,Stone
Lot Size
10.48 sq ft
Above Grade Area
2,201 sq ft
Condition
Blt./Standing
MLS #
2116127
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
County
Carbon
Zoning
Single-Family
Construction
Brick,Stone
Lot Size
10.48 sq ft
Above Grade Area
2,201 sq ft
Condition
Blt./Standing
MLS #
2116127
List Price
$650,000
Original Price
$690,000
Annual Taxes
$4,320
Home Warranty
No
List Price
$650,000
Original Price
$690,000
Annual Taxes
$4,320
Home Warranty
No
Heating
Heat Pump
Cooling
Central Air
Roof
Wood
Flooring
Carpet,Marble,Tile
Basement
Full
Materials
Brick,Stone
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary,Irrigation,Secondary,Shares
Sewer
Sewer: Connected,Septic Tank
View
Mountain(s),Valley
Heating
Heat Pump
Cooling
Central Air
Roof
Wood
Flooring
Carpet,Marble,Tile
Basement
Full
Materials
Brick,Stone
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary,Irrigation,Secondary,Shares
Sewer
Sewer: Connected,Septic Tank
View
Mountain(s),Valley
Garage Spaces
6
Covered Spaces
6
Total Parking
6
Garage Spaces
6
Covered Spaces
6
Total Parking
6
Why this is a deal
Classification
Standard
Deal Score
60/100
vs Market Median
15% above
Price Reduced
5.8%
Area Growth (YoY)
2.4%
Deal Score Breakdown
60/100 · 1 qualifying signal
6% price reduction from original list — seller may be motivated
2.4% year-over-year ZHVI growth in this area
Priced 15% above the per-subtype city median
STR net cashflow -$2,977/mo (-66.7% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Not enough comparable listings
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
$25,523/yr
$113/night · 66% occupancy · $54/bedroom · $0.08/sqft
Net Monthly Cash Flow
−$2,977 /mo (−$35,721/yr)
Monthly STR income
Monthly ownership cost
Coverage
48%
Net /mo
−$2,977
DSCR
0.46
Best Download
1 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
5
Available Providers
$300,000
+117% vs median
118 days
71
$110,000 – $775,000
$4,320
Low Crime
8.3
per 1,000
16.3
per 1,000
9.9
per 1,000
34.6
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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