3129 CHEROKEE, Provo, UT 84604
7BD/—BA Residential in Provo, UT 84604. 4,334 sqft. Built 1962. Listed at $950,000. MLS #2103322.
7BD/—BA Residential in Provo, UT 84604. 4,334 sqft. Built 1962. Listed at $950,000. MLS #2103322.
*PRICE ADJUSTMENT* Experience luxury and versatility in this fully remodeled home nestled in the scenic foothills of Provo. Featuring 7 generously sized bedrooms, 3 bathrooms, and two complete kitchens, it's perfectly suited for multigenerational living or rental opportunities. Designed with comfort and flexibility in mind, the home includes dual family rooms, a full mother-in-law suite, and sweeping views of both the mountains and valley. Step out onto the expansive deck, ideal for entertaining or relaxing while overlooking the professionally landscaped backyard. With a flexible layout, stunning outdoor space, and unmatched views, this home offers the perfect balance of style, functionality, and location-a truly rare find. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer to verify all.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
INDIAN HILLS
County
Utah
Zoning
Single-Family, Short Term Rental Allowed
Construction
Brick,Other
Lot Size
0.25 sq ft
Above Grade Area
2,471 sq ft
Condition
Blt./Standing
MLS #
2103322
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
INDIAN HILLS
County
Utah
Zoning
Single-Family, Short Term Rental Allowed
Construction
Brick,Other
Lot Size
0.25 sq ft
Above Grade Area
2,471 sq ft
Condition
Blt./Standing
MLS #
2103322
List Price
$950,000
Original Price
$1,190,000
Annual Taxes
$3,741
Home Warranty
No
List Price
$950,000
Original Price
$1,190,000
Annual Taxes
$3,741
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Daylight,Entrance,Full,Walk-Out Access
Materials
Brick,Other
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open,Patio: Open
Water Source
Culinary
Sewer
Sewer: Available,Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Daylight,Entrance,Full,Walk-Out Access
Materials
Brick,Other
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open,Patio: Open
Water Source
Culinary
Sewer
Sewer: Available,Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Garage Spaces
2
Covered Spaces
2
Total Parking
8
Garage Spaces
2
Covered Spaces
2
Total Parking
8
Why this is a deal
Classification
Motivated SellerDeal Score
100/100
vs Similar Homes
6% above
vs Market Median
1% below
Price Reduced
20.2%
Area Growth (YoY)
3.3%
Deal Score Breakdown
100/100 · 2 qualifying signals
20% price reduction from original list — seller may be motivated
LT net cashflow +$662/mo (+10.4% return on ownership cost) · STR net cashflow -$2,542/mo (-39.8% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 1% below the per-subtype city median
3.3% year-over-year ZHVI growth in this area
Priced 6% above the median of similar 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
$8,010/mo
Range: $5,014 – $11,007
Net Monthly Cash Flow
+$662 /mo (+$7,942/yr)
Monthly rental income
Monthly ownership cost
Coverage
125%
Net /mo
+$662
DSCR
1.47
Est. Annual Revenue
$65,916/yr
$364/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$2,542 /mo (−$30,506/yr)
Monthly STR income
Monthly ownership cost
Coverage
86%
Net /mo
−$2,542
DSCR
0.80
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
10
Available Providers
$475,000
+100% vs median
62 days
182
$189,900 – $43,000,000
$3,741
Moderate
7.5
per 1,000
22.4
per 1,000
12.2
per 1,000
42.1
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
Select agents you’d like to hear from. They’ll be notified of your interest — your contact details stay private until you choose to respond.

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

Daryn Edmunds - High Road Properties

Devin Tanner - Utah Realtor
Your inquiry goes to the listing agent.
Fast Response
Typically within 2 hours during business hours
Built with AI to help you find your perfect home
Powered by AI • Secured by Supabase • Trusted by Agents