1301 1020, Salem, UT 84653
6BD/—BA Residential in Salem, UT 84653. 5,934 sqft. Built 2025. Listed at $1,850,000. MLS #2122249.
6BD/—BA Residential in Salem, UT 84653. 5,934 sqft. Built 2025. Listed at $1,850,000. MLS #2122249.
$1,850,000
**Offering a 3.99% starting interest rate via a seller-paid 2/1 buy down and closing costs paid up to $6k. **Buyer must qualify through Seller's Preferred Lender to obtain rate buydown. Discover elevated living in this brand new, 6-bedroom, 6-bathroom custom home located on a spacious corner lot in Salem. With approximately 5,934 sq. ft. of thoughtfully designed space, this home blends luxury, function, and room for everyone. Step inside to soaring 10-foot ceilings on the main level and 9-foot ceilings in the finished basement and second level, creating an open and inviting atmosphere. Large windows capture panoramic mountain and lake views, bringing natural light and scenery into every gathering space. The gourmet kitchen, generous great room, and seamless layout make hosting effortless. The basement features a luxury private home theater, perfect for movie nights and entertainment, along with multiple versatile rooms that allow for office space, home gym, or guest quarters. Outside, the property offers ample parking, including a third garage bay extra deep for RV, boat, or workshop use, giving you flexibility and storage rarely found. The corner lot provides privacy and space to enjoy. This home combines luxury finishes with thoughtful details throughout-ready to welcome its first owners. Come experience the beauty, comfort, and lifestyle this new build has to offer.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
County
Utah
Zoning
Single-Family
Construction
Asphalt,Brick,Cement Siding
Lot Size
0.34 sq ft
Above Grade Area
3,608 sq ft
Condition
Blt./Standing
MLS #
2122249
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
County
Utah
Zoning
Single-Family
Construction
Asphalt,Brick,Cement Siding
Lot Size
0.34 sq ft
Above Grade Area
3,608 sq ft
Condition
Blt./Standing
MLS #
2122249
List Price
$1,850,000
Annual Taxes
$2,317
Home Warranty
Yes
List Price
$1,850,000
Annual Taxes
$2,317
Home Warranty
Yes
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Daylight
Materials
Asphalt,Brick,Cement Siding
Appliances
Dryer,Microwave,Refrigerator,Washer,Water Softener Owned
Patio & Porch
Patio: Open
Water Source
Irrigation: Pressure
Sewer
Sewer: Connected,Sewer: Public
View
Lake,Mountain(s)
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Daylight
Materials
Asphalt,Brick,Cement Siding
Appliances
Dryer,Microwave,Refrigerator,Washer,Water Softener Owned
Patio & Porch
Patio: Open
Water Source
Irrigation: Pressure
Sewer
Sewer: Connected,Sewer: Public
View
Lake,Mountain(s)
Garage Spaces
3
Covered Spaces
3
Total Parking
8
Garage Spaces
3
Covered Spaces
3
Total Parking
8
Why this is a deal
Classification
Standard
Deal Score
80/100
vs Similar Homes
54% above
vs Market Median
88% above
Area Growth (YoY)
8.4%
Deal Score Breakdown
80/100 · 1 qualifying signal
8.4% year-over-year ZHVI growth in this area
Priced 54% above the median of similar listings
Priced 88% above the per-subtype city median
LT net cashflow -$4,387/mo (-36.5% return on ownership cost) · STR net cashflow -$9,084/mo (-75.5% 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
$8,679/mo
Range: $3,938 – $13,420
Net Monthly Cash Flow
−$4,386 /mo (−$52,633/yr)
Monthly rental income
Monthly ownership cost
Coverage
72%
Net /mo
−$4,387
DSCR
0.82
Est. Annual Revenue
$50,397/yr
$284/night · 41% occupancy · $113/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$9,084 /mo (−$109,012/yr)
Monthly STR income
Monthly ownership cost
Coverage
35%
Net /mo
−$9,084
DSCR
0.31
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$575,000
+222% vs median
86 days
153
$305,000 – $2,595,000
$2,317
Very Safe
2.9
per 1,000
7.6
per 1,000
4.7
per 1,000
15.3
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
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