4504 ABINADI, Salt Lake City, UT 84124
5BD/—BA Residential in Salt Lake City, UT 84124. 7,760 sqft. Built 2001. Listed at $2,500,000. MLS #2156433.
5BD/—BA Residential in Salt Lake City, UT 84124. 7,760 sqft. Built 2001. Listed at $2,500,000. MLS #2156433.
Arriving with quiet confidence just this spring-and newly offered at $2.5M, a remarkable opportunity at this address-this residence is perched against the Wasatch Mountains and tucked beneath iconic Mount Olympus, made for those who live boldly and entertain beautifully. Upgraded, modernized, and meticulously maintained by its current owners, this 5-bedroom, 5-bathroom home invites you to experience comfortable living with well-designed details throughout. Outside, the home is elegantly understated. Inside, vaulted ceilings, expanses of natural light, and a striking grand room and staircase set the stage for gatherings worth remembering. The 1,250-square-foot living room sits at the heart of the home, where a dramatic 27-foot frameless glass wall opens to uninterrupted vistas of downtown Salt Lake City, the shimmering lake, and the valley below-a backdrop that transforms every dinner party into an event. Other features include a spacious 4-car attached garage, four fireplaces, a private yard, plenty of storage space, and many energy-efficient upgrades throughout. A private lower-level suite with its own separate entrance offers flexibility as luxe guest quarters, a creative studio, or the perfect tucked-away spot for teenagers or in-laws. Living here is like being held in the arms of the Wasatch-bathed in breathtaking scenery, while keeping every city convenience just minutes away. Located mere moments from freeway access, the new Salt Lake International Airport, downtown Salt Lake City, Park City, and 6 world-class ski resorts, this is mountain living without compromise. Discover a life that's at once grounded in nature and elevated in every sense.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
MT OLYMPUS COVE #12
County
Salt Lake
Zoning
Single-Family
Construction
Brick,Concrete,Stucco
Lot Size
0.34 sq ft
Above Grade Area
6,687 sq ft
Condition
Blt./Standing
MLS #
2156433
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
MT OLYMPUS COVE #12
County
Salt Lake
Zoning
Single-Family
Construction
Brick,Concrete,Stucco
Lot Size
0.34 sq ft
Above Grade Area
6,687 sq ft
Condition
Blt./Standing
MLS #
2156433
List Price
$2,500,000
Annual Taxes
$13,152
Home Warranty
No
List Price
$2,500,000
Annual Taxes
$13,152
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air,Natural Ventilation
Roof
Asphalt,Pitched
Flooring
Carpet,Hardwood,Marble,Tile
Basement
Daylight,Entrance,Full,Walk-Out Access
Materials
Brick,Concrete,Stucco
Appliances
Microwave,Range Hood,Refrigerator,Water Softener Owned
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio & Porch
Covered,Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Lake,Mountain(s),Valley
Heating
Forced Air,Gas: Central
Cooling
Central Air,Natural Ventilation
Roof
Asphalt,Pitched
Flooring
Carpet,Hardwood,Marble,Tile
Basement
Daylight,Entrance,Full,Walk-Out Access
Materials
Brick,Concrete,Stucco
Appliances
Microwave,Range Hood,Refrigerator,Water Softener Owned
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio & Porch
Covered,Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Lake,Mountain(s),Valley
Garage Spaces
4
Covered Spaces
4
Total Parking
4
Garage Spaces
4
Covered Spaces
4
Total Parking
4
Classification
Standard
Deal Score
10/100
vs Similar Homes
6% above
vs Market Median
17% above
Area Growth (YoY)
0.8%
Deal Score Breakdown
10/100
LT net cashflow -$2,076/mo (-12.2% return on ownership cost) · STR net cashflow -$12,829/mo (-75.6% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 6% above the median of similar listings
Priced 17% above the per-subtype city median
0.8% year-over-year ZHVI growth in this area
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
$16,936/mo
Range: $9,871 – $24,000
Net Monthly Cash Flow
−$2,075 /mo (−$24,897/yr)
Monthly rental income
Monthly ownership cost
Coverage
100%
Net /mo
−$2,076
DSCR
1.19
Est. Annual Revenue
$71,131/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$12,830 /mo (−$153,962/yr)
Monthly STR income
Monthly ownership cost
Coverage
35%
Net /mo
−$12,829
DSCR
0.33
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$587,500
+326% vs median
39 days
660
$175,000 – $7,995,000
$13,152
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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