846 400, Salem, UT 84653
7BD/—BA Residential in Salem, UT 84653. 4,424 sqft. Built 2025. Listed at $1,119,900. MLS #2134391.
7BD/—BA Residential in Salem, UT 84653. 4,424 sqft. Built 2025. Listed at $1,119,900. MLS #2134391.
This beautiful home was built by Parade of Homes builder, BUILT CONSTRUCTION and features 7 bedrooms, 5 baths, a walk out basement and 2 bedroom ADU. Experience luxury living in this stunning new construction by Built Construction, thoughtfully designed with custom finishes throughout and breathtaking mountain views, blending modern elegance with everyday functionality. The open-concept floor plan is filled with natural light and showcases high-quality craftsmanship, designer details, and upscale materials at every turn. The homes seamless indoor-outdoor flow maximizes the scenic surroundings, making it ideal for both entertaining and relaxing. -Seller will contibute up to $10,000 towards closing costs-
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
DRAGON MEADOWS
County
Utah
Zoning
Single-Family
Construction
Stone,Stucco,Cement Siding
Lot Size
0.35 sq ft
Above Grade Area
2,096 sq ft
Condition
Blt./Standing
MLS #
2134391
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
DRAGON MEADOWS
County
Utah
Zoning
Single-Family
Construction
Stone,Stucco,Cement Siding
Lot Size
0.35 sq ft
Above Grade Area
2,096 sq ft
Condition
Blt./Standing
MLS #
2134391
List Price
$1,119,900
Original Price
$1,250,000
Annual Taxes
$5,095
Home Warranty
No
List Price
$1,119,900
Original Price
$1,250,000
Annual Taxes
$5,095
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Entrance,Full,Walk-Out Access
Materials
Stone,Stucco,Cement Siding
Appliances
Ceiling Fan,Microwave,Range Hood
Patio & Porch
Covered
Water Source
Culinary,Irrigation: Pressure
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Entrance,Full,Walk-Out Access
Materials
Stone,Stucco,Cement Siding
Appliances
Ceiling Fan,Microwave,Range Hood
Patio & Porch
Covered
Water Source
Culinary,Irrigation: Pressure
Sewer
Sewer: Connected,Sewer: Public
View
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
78/100
vs Similar Homes
46% above
vs Market Median
40% above
Price Reduced
10.4%
Area Growth (YoY)
4.1%
Deal Score Breakdown
78/100 · 1 qualifying signal
10% price reduction from original list — seller may be motivated
4.1% year-over-year ZHVI growth in this area
Priced 46% above the median of similar listings
Priced 40% above the per-subtype city median
LT net cashflow -$2,290/mo (-30.4% return on ownership cost) · STR net cashflow -$4,705/mo (-62.4% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
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
$5,966/mo
Range: $4,505 – $7,427
Net Monthly Cash Flow
−$2,289 /mo (−$27,473/yr)
Monthly rental income
Monthly ownership cost
Coverage
79%
Net /mo
−$2,290
DSCR
0.93
Est. Annual Revenue
$48,595/yr
$283/night · 41% occupancy · $114/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$4,704 /mo (−$56,446/yr)
Monthly STR income
Monthly ownership cost
Coverage
54%
Net /mo
−$4,705
DSCR
0.50
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$544,000
+106% vs median
78 days
164
$305,000 – $2,595,000
$5,095
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.
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