1497 DEVONSHIRE, Salt Lake City, UT 84108
4BD/—BA Residential in Salt Lake City, UT 84108. 5,638 sqft. Built 1967. Listed at $3,790,000. MLS #2102993.
4BD/—BA Residential in Salt Lake City, UT 84108. 5,638 sqft. Built 1967. Listed at $3,790,000. MLS #2102993.
On one of Salt Lake's most sought after streets, this extraordinary home is a masterclass in architecture, proportion, and design. Set back from the street and intentionally private, the property carries a quiet confidence. The approach is centered on symmetry and balance. A broad walkway leads to the double entry doors, while floor to ceiling glass spans the full length of the upper level. Above the stone walls below, a cantilevered veranda reinforces the home's strong horizontal lines. Inside, a gallery style hallway runs through the core of the home, terminating at a fully framed north facing wall of glass that draws the landscape directly into view. Originally designed by renowned architect Jim Christopher, the home already possessed remarkable architectural integrity. A meticulous renovation elevated the original structure while preserving its intent. The property was further expanded by Sparano + Mooney with a striking modern addition known as The Cube, completed in 2025 as part of the home's transformation. The Cube is a bold composition of glass and concrete that complements the original home. In 2025, it received one of only five residential design awards presented nationwide by the American Institute of Architects. Reflections from the pool move across the glass facade, while polished concrete floors, exposed concrete walls, floating stairs, and a dramatic Poliform library wall define the space. The architectural language extends throughout the outdoor spaces, including the pool, garden, and hot tub, which sits just above the roofline behind a concrete privacy wall to capture sweeping sunset and city views. From the herringbone floors and vintage hardware to the Italian cabinetry, every detail was carefully considered. This is a rare opportunity to own a home where original architecture, thoughtful renovation, and nationally recognized contemporary design come together in exceptional harmony.
Property Type
Residential
Property Style
Single Family Residence
Stories
3
Subdivision
ST MARY HILLS
County
Salt Lake
Zoning
Single-Family
Construction
Concrete,Stone,Other
Lot Size
1.1 sq ft
Above Grade Area
4,382 sq ft
Condition
Blt./Standing
MLS #
2102993
Property Type
Residential
Property Style
Single Family Residence
Stories
3
Subdivision
ST MARY HILLS
County
Salt Lake
Zoning
Single-Family
Construction
Concrete,Stone,Other
Lot Size
1.1 sq ft
Above Grade Area
4,382 sq ft
Condition
Blt./Standing
MLS #
2102993
List Price
$3,790,000
Original Price
$4,500,000
Annual Taxes
$11,989
Home Warranty
No
List Price
$3,790,000
Original Price
$4,500,000
Annual Taxes
$11,989
Home Warranty
No
Heating
Electric,Gas: Central,Gas: Stove,Hydronic,Active Solar,Radiant Floor
Cooling
Central Air,Active Solar
Roof
Flat,Membrane
Flooring
Hardwood,Tile,Concrete
Basement
Daylight,Entrance,Partial,Walk-Out Access
Materials
Concrete,Stone,Other
Appliances
Gas Grill/BBQ,Microwave,Range Hood,Refrigerator
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Heating
Electric,Gas: Central,Gas: Stove,Hydronic,Active Solar,Radiant Floor
Cooling
Central Air,Active Solar
Roof
Flat,Membrane
Flooring
Hardwood,Tile,Concrete
Basement
Daylight,Entrance,Partial,Walk-Out Access
Materials
Concrete,Stone,Other
Appliances
Gas Grill/BBQ,Microwave,Range Hood,Refrigerator
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Garage Spaces
2
Covered Spaces
2
Total Parking
6
Garage Spaces
2
Covered Spaces
2
Total Parking
6
Why this is a deal
Classification
Standard
Deal Score
88/100
vs Similar Homes
61% above
vs Market Median
165% above
Price Reduced
15.8%
Area Growth (YoY)
0.8%
Deal Score Breakdown
88/100 · 1 qualifying signal
16% price reduction from original list — seller may be motivated
Priced 61% above the median of similar listings
Priced 165% above the per-subtype city median
0.8% year-over-year ZHVI growth in this area
LT net cashflow -$15,270/mo (-61.2% return on ownership cost) · STR net cashflow -$21,390/mo (-85.8% 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
$10,987/mo
Range: $8,777 – $13,197
Net Monthly Cash Flow
−$15,269 /mo (−$183,233/yr)
Monthly rental income
Monthly ownership cost
Coverage
44%
Net /mo
−$15,270
DSCR
0.51
Est. Annual Revenue
$60,826/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$21,390 /mo (−$256,675/yr)
Monthly STR income
Monthly ownership cost
Coverage
20%
Net /mo
−$21,390
DSCR
0.19
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$570,000
+565% vs median
57 days
615
$184,000 – $7,995,000
$11,989
High Crime
28.7
per 1,000
83.9
per 1,000
34.5
per 1,000
147.1
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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