1404 CANTERBURY, Salt Lake City, UT 84108
5BD/—BA Residential in Salt Lake City, UT 84108. 4,642 sqft. Built 1965. Listed at $2,950,000. MLS #2139324.
5BD/—BA Residential in Salt Lake City, UT 84108. 4,642 sqft. Built 1965. Listed at $2,950,000. MLS #2139324.
Completely reimagined in 2024, this East Bench residence was taken down to the studs and rebuilt with intention, quality, and timeless design at the forefront. Located in one of Salt Lake City's most established neighborhoods, 1404 Canterbury blends elevated craftsmanship with modern functionality. The heart of the home features a stunning chef's kitchen with custom cabinetry, natural stone surfaces, and high-end integrated appliances, designed for both everyday living and effortless entertaining. Clean architectural lines, warm wood tones, and curated lighting create a refined yet inviting atmosphere throughout. The open-concept living spaces flow seamlessly to private outdoor areas, including a covered patio with fire feature, perfect for Utah evenings. Thoughtful design details continue into the primary suite and spa-inspired baths, where boutique-level finishes, soaking tub and steam shower, and custom tilework offer a true retreat experience. Every system has been updated, including custom LED lighting, integrated Sonos audio throughout, electric blinds, and a whole-home water filtration system, bringing modern convenience without sacrificing aesthetic integrity. Set just minutes from the University of Utah, downtown Salt Lake, and quick canyon access to Park City and world-class skiing, this home offers both elevation and accessibility. 1404 Canterbury Drive is not simply renovated-it is rebuilt, refined, and ready for its next chapter.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
ST MARY HILL
County
Salt Lake
Zoning
Single-Family
Construction
Brick,Cement Siding
Lot Size
0.28 sq ft
Above Grade Area
2,262 sq ft
Condition
Blt./Standing
MLS #
2139324
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
ST MARY HILL
County
Salt Lake
Zoning
Single-Family
Construction
Brick,Cement Siding
Lot Size
0.28 sq ft
Above Grade Area
2,262 sq ft
Condition
Blt./Standing
MLS #
2139324
List Price
$2,950,000
Original Price
$3,100,000
Annual Taxes
$12,518
Home Warranty
No
List Price
$2,950,000
Original Price
$3,100,000
Annual Taxes
$12,518
Home Warranty
No
Heating
Electric,Forced Air,Gas: Central,>= 95% efficiency
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Marble,Stone,Tile
Basement
Daylight,Entrance,Full,Walk-Out Access
Materials
Brick,Cement Siding
Appliances
Dryer,Washer
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio & Porch
Covered,Porch: Open,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Heating
Electric,Forced Air,Gas: Central,>= 95% efficiency
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Marble,Stone,Tile
Basement
Daylight,Entrance,Full,Walk-Out Access
Materials
Brick,Cement Siding
Appliances
Dryer,Washer
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio & Porch
Covered,Porch: Open,Patio: Open
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
Classification
Standard
Deal Score
45/100
vs Similar Homes
46% above
vs Market Median
67% above
Price Reduced
4.8%
Area Growth (YoY)
0.8%
Deal Score Breakdown
45/100
5% price reduction from original list — seller may be motivated
Priced 46% above the median of similar listings
Priced 67% above the per-subtype city median
0.8% year-over-year ZHVI growth in this area
LT net cashflow -$11,222/mo (-57.0% return on ownership cost) · STR net cashflow -$16,017/mo (-81.4% 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
$9,607/mo
Range: $7,675 – $11,540
Net Monthly Cash Flow
−$11,223 /mo (−$134,672/yr)
Monthly rental income
Monthly ownership cost
Coverage
49%
Net /mo
−$11,222
DSCR
0.58
Est. Annual Revenue
$62,738/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$16,018 /mo (−$192,210/yr)
Monthly STR income
Monthly ownership cost
Coverage
27%
Net /mo
−$16,017
DSCR
0.25
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$570,000
+418% vs median
57 days
615
$184,000 – $7,995,000
$12,518
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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