1508 SPRINGDELL, Provo Canyon, UT 84604
4BD/—BA Residential in Provo Canyon, UT 84604. 2,132 sqft. Built 1913. Listed at $848,000. MLS #2149685.
4BD/—BA Residential in Provo Canyon, UT 84604. 2,132 sqft. Built 1913. Listed at $848,000. MLS #2149685.
Tucked deep within the storybook setting of Springdell, 1508 Springdell Cir. offers a rare chance to live in one of Provo Canyon's most exclusive and historic enclaves. This 4-bedroom, 2-bath mountain cottage is surrounded by towering trees and the soothing rhythm of nature, creating a sense of retreat that feels worlds away from the city--yet just minutes from Provo. Springdell is more than a neighborhood; it's a legacy community dating back to the early 1900s, where a small collection of cabins and homes are woven into the landscape and often passed down through generations. Residents enjoy access to a private freshwater spring and a serene community pond, perfect for quiet mornings or evening reflection. Just moments away, the breathtaking 120-foot Springdell Cascade waterfall draws hikers and nature lovers, while nearby Bridal Veil Falls and the Provo River Parkway trail offer endless opportunities for biking, walking, and year-round adventure. Positioned just off U.S. Route 189, the location balances seclusion with convenience, all within a lush, wooded canyon backdrop. The home itself captures that same blend of character and comfort, featuring four bedrooms, including a private fourth bedroom suite, and inviting living spaces that open to a secluded outdoor area designed for relaxation and connection. Recent updates have been thoughtfully added, including a new bathroom, elegant French doors, new roof, windows, and updated lighting--enhancing the home while preserving its timeless mountain charm.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
2
Subdivision
SPRINGDELL
County
Utah
Zoning
Single-Family
Construction
Brick,Cedar
Lot Size
0.23 sq ft
Above Grade Area
2,132 sq ft
Condition
Blt./Standing
MLS #
2149685
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
2
Subdivision
SPRINGDELL
County
Utah
Zoning
Single-Family
Construction
Brick,Cedar
Lot Size
0.23 sq ft
Above Grade Area
2,132 sq ft
Condition
Blt./Standing
MLS #
2149685
List Price
$848,000
Original Price
$875,000
HOA Fees
$200 / Monthly
Annual Taxes
$2,765
Home Warranty
No
List Price
$848,000
Original Price
$875,000
HOA Fees
$200 / Monthly
Annual Taxes
$2,765
Home Warranty
No
Heating
Forced Air,Propane,Wood
Roof
Asphalt,Rubber
Flooring
Carpet,Hardwood,Linoleum
Basement
None
Materials
Brick,Cedar
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary,Private,Spring
Sewer
Sewer: Private
View
Mountain(s)
Heating
Forced Air,Propane,Wood
Roof
Asphalt,Rubber
Flooring
Carpet,Hardwood,Linoleum
Basement
None
Materials
Brick,Cedar
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary,Private,Spring
Sewer
Sewer: Private
View
Mountain(s)
Covered Spaces
0
Total Parking
5
Covered Spaces
0
Total Parking
5
Classification
Standard
Deal Score
45/100
vs Market Median
74% above
Price Reduced
3.1%
Area Growth (YoY)
3.5%
Deal Score Breakdown
45/100
3% price reduction from original list — seller may be motivated
3.5% year-over-year ZHVI growth in this area
Priced 74% above the per-subtype city median
LT net cashflow -$3,792/mo (-65.2% return on ownership cost) · STR net cashflow -$3,347/mo (-57.5% 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
Monthly Rent
$2,303/mo
Range: $810 – $3,795
Net Monthly Cash Flow
−$3,791 /mo (−$45,490/yr)
Monthly rental income
Monthly ownership cost
Coverage
40%
Net /mo
−$3,792
DSCR
0.48
Est. Annual Revenue
$42,361/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$3,348 /mo (−$40,173/yr)
Monthly STR income
Monthly ownership cost
Coverage
61%
Net /mo
−$3,347
DSCR
0.58
$2,765
$200/monthly
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