3817 SHERWOOD, Provo, UT 84604
5BD/—BA Residential in Provo, UT 84604. 6,249 sqft. Built 2021. Listed at $4,995,000. MLS #2162498.
5BD/—BA Residential in Provo, UT 84604. 6,249 sqft. Built 2021. Listed at $4,995,000. MLS #2162498.
Perched at the base of Provo Peak, this exceptional residence captures sweeping 360 views of the mountains, Utah Valley, and Utah Lake from nearly every room. Designed with both luxury and livability in mind, the home features soaring 10'15' ceilings, oversized 52" hallways, and walls of windows that fill the space with natural light while showcasing the incredible surroundings. The private primary wing offers a dedicated office, yoga room, den, spa-inspired bath, and an oversized custom closet with extensive built-in storage. The chef's kitchen features custom inset cabinetry, Wolf appliances, a built-in refrigerator, 60" in fridge, a butler's pantry, and a large skylight that brightens both the kitchen and breakfast nook. Designed to embrace its setting, the rooftop deck includes a grill station, fire place, storage, and panoramic views stretching from Utah Lake to the Wasatch Mountains. The detached casita with its own indoor/outdoor kitchen offers flexibility for guests, entertaining, or a private workspace, while the backyard infinity edge spa provides the perfect place to relax and take in the views. Additional highlights include a oversized 3-car garage with EV charging, Control4 smart home automation, Jelly Fish lighting, automatic shades, whole-home sound system, and abundant storage throughout. Combining modern design, thoughtful functionality, and a one-of-a-kind location at the base of Provo Peak, this home offers luxury living with views that are truly hard to match. Buyer/Buyer's Agent to verify all information.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
SHERWOOD HILLS
County
Utah
Zoning
Single-Family
Construction
Cedar,Stucco
Lot Size
0.35 sq ft
Above Grade Area
6,249 sq ft
Condition
Blt./Standing
MLS #
2162498
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
SHERWOOD HILLS
County
Utah
Zoning
Single-Family
Construction
Cedar,Stucco
Lot Size
0.35 sq ft
Above Grade Area
6,249 sq ft
Condition
Blt./Standing
MLS #
2162498
List Price
$4,995,000
Annual Taxes
$13,866
Home Warranty
No
List Price
$4,995,000
Annual Taxes
$13,866
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Metal,Membrane
Flooring
Carpet,Hardwood,Tile
Basement
Daylight,Entrance,Full,Walk-Out Access
Materials
Cedar,Stucco
Appliances
Gas Grill/BBQ,Microwave,Range Hood,Refrigerator,Water Softener Owned
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Lake,Mountain(s),Valley
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Metal,Membrane
Flooring
Carpet,Hardwood,Tile
Basement
Daylight,Entrance,Full,Walk-Out Access
Materials
Cedar,Stucco
Appliances
Gas Grill/BBQ,Microwave,Range Hood,Refrigerator,Water Softener Owned
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Lake,Mountain(s),Valley
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Why this is a deal
Classification
Standard
Deal Score
80/100
vs Similar Homes
251% above
vs Market Median
186% above
Area Growth (YoY)
9.3%
Deal Score Breakdown
80/100 · 1 qualifying signal
9.3% year-over-year ZHVI growth in this area
Priced 251% above the median of similar listings
Priced 186% above the per-subtype city median
LT net cashflow -$25,860/mo (-78.6% return on ownership cost) · STR net cashflow -$29,244/mo (-88.9% 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
Monthly Rent
$7,988/mo
Range: $2,810 – $13,165
Net Monthly Cash Flow
−$25,860 /mo (−$310,323/yr)
Monthly rental income
Monthly ownership cost
Coverage
24%
Net /mo
−$25,860
DSCR
0.28
Est. Annual Revenue
$62,492/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$29,244 /mo (−$350,923/yr)
Monthly STR income
Monthly ownership cost
Coverage
16%
Net /mo
−$29,244
DSCR
0.15
$465,000
+974% vs median
44 days
234
$190,999 – $38,000,000
$13,866
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.
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