294 BISHOP, Salt Lake City, UT 84103
2BD/—BA Residential in Salt Lake City, UT 84103. 1,423 sqft. Built 2026. Listed at $669,900. MLS #2134638.
2BD/—BA Residential in Salt Lake City, UT 84103. 1,423 sqft. Built 2026. Listed at $669,900. MLS #2134638.
UP TO $35,000 IN SAVINGS available in this community! Location! Location! Location! Welcome to Bishop Place, perfectly situated in Salt Lake City's highly sought-after Marmalade District-one of the city's most charming, walkable, and vibrant neighborhoods. Just steps from cozy local cafs, the Marmalade Library, the Delta Center, Pioneer Park, and lively downtown streets, this home offers true urban living with unbeatable convenience. Enjoy quick access to City Creek, Temple Square, The Gateway, I-15, I-80, and Salt Lake International Airport just 10 minutes away. This brand-new Garbett Homes townhome presents a truly rare opportunity, featuring the most sought-after floor plan in the community-with only one ever built. Thoughtfully designed with both style and function in mind, this unique home offers a spacious front porch that spans the full width of the home plus an oversized west-facing deck-perfect for relaxing, entertaining, and enjoying gorgeous summer sunsets. Inside, the layout offers a refreshing sense of space with a separated living area and kitchen, creating a distinct and functional flow that feels both open and intentional. Tons of natural light pour through abundant windows thanks to the highly desirable southern and western exposure, creating a bright, warm, and inviting atmosphere throughout the day. Built for modern living and greater efficiency, this home includes Solar-E windows, advanced insulation, whole-home air recirculation, on-demand hot water, and a private 2-car garage with EV charging capability. Designer finishes elevate the interior with quartz countertops, beautiful tile details, and durable low-maintenance vinyl flooring that blend style with everyday practicality. Upstairs, the primary suite offers a peaceful retreat, while the downstairs bedroom with its own full bathroom provides exceptional flexibility-ideal for guests, a home office, roommate setup, or multi-generational living. Backed by a full builder warranty, this brand-new home offers confidence, efficiency, and a rare opportunity to own one of the most distinctive homes in Bishop Place.
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-mid
Stories
2
Subdivision
HOME SUB
County
Salt Lake
Lot Size
0.01 sq ft
Above Grade Area
1,423 sq ft
MLS #
2134638
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-mid
Stories
2
Subdivision
HOME SUB
County
Salt Lake
Lot Size
0.01 sq ft
Above Grade Area
1,423 sq ft
MLS #
2134638
List Price
$669,900
HOA Fees
$220 / Monthly
Home Warranty
Yes
List Price
$669,900
HOA Fees
$220 / Monthly
Home Warranty
Yes
Heating
Heat Pump,>= 95% efficiency
Cooling
Central Air,Heat Pump
Flooring
Carpet,Laminate,Tile
Basement
None
Sewer
Sewer: Connected
Heating
Heat Pump,>= 95% efficiency
Cooling
Central Air,Heat Pump
Flooring
Carpet,Laminate,Tile
Basement
None
Sewer
Sewer: Connected
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Classification
Standard
Deal Score
10/100
vs Similar Homes
25% above
vs Market Median
18% above
Area Growth (YoY)
0.1%
Deal Score Breakdown
10/100
Priced 25% above the median of similar listings
Priced 18% above the per-subtype city median
0.1% year-over-year ZHVI growth in this area
LT net cashflow -$2,193/mo (-48.7% return on ownership cost) · STR net cashflow -$2,898/mo (-64.3% 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.
Monthly Rent
$2,626/mo
Range: $1,670 – $3,582
Net Monthly Cash Flow
−$2,193 /mo (−$26,317/yr)
Monthly rental income
Monthly ownership cost
Coverage
58%
Net /mo
−$2,193
DSCR
0.68
Est. Annual Revenue
$27,529/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$2,899 /mo (−$34,788/yr)
Monthly STR income
Monthly ownership cost
Coverage
51%
Net /mo
−$2,898
DSCR
0.47
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$575,000
+17% vs median
55 days
621
$184,000 – $7,995,000
$220/monthly
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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