179 DORCHESTER, Salt Lake City, UT 84103
4BD/—BA Residential in Salt Lake City, UT 84103. 3,776 sqft. Built 1976. Listed at $1,499,999. MLS #2157713.
4BD/—BA Residential in Salt Lake City, UT 84103. 3,776 sqft. Built 1976. Listed at $1,499,999. MLS #2157713.
This beautiful home on the hill offers some of the most impressive views in the Salt Lake Valley. Wake up every morning to sweeping panoramas that stretch across the entire valley and beyond. By day, enjoy the majestic mountains and vibrant valley, with the State Capitol clearly visible below. At night, the city transforms into a sparkling sea of twinkling lights that's truly mesmerizing. An incredible opportunity for anyone working downtown Salt Lake City, at the major hospitals, or at the University of Utah. Just 5 minutes from downtown, this home sits on a very private street where the only cars that usually drive by belong to neighbors. You're close to everything happening downtown, the University of Utah, and the hospitals - yet it feels wonderfully quiet and secluded. The location is especially ideal for doctors, lawyers, university professionals, and anyone who values both convenience and privacy. The property features a spacious 3-car attached garage plus a very large secondary double-deep garage with plenty of storage. These versatile spaces are perfect for a hobbyist, home gym, car enthusiast - or even converting into an ADU. With Salt Lake City's supportive regulations for garage conversions, this could be a fantastic opportunity to create additional living space or rental income. Inside, the chef's and entertainer's kitchen features beautiful walnut cabinetry and opens to a flexible living space with three separate eating areas: a large island, a formal dining room, and room for an informal dining area on the other side. The home currently has 3 bedrooms, with a wall removed between bedrooms 3 and 4 to create a dance studio that can easily be converted back to 4 bedrooms. The owners had planned an extensive remodel to better capture the home's incredible 270-degree views of the mountains and valley before deciding to move closer to their grandkids. They've now made the decision to part with this special property, giving the next owner the chance to finish it as-is or transform it into something even more magnificent. Don't miss this great opportunity to own a home with one of the best views on the hill. Call me for an appointment today. Buyer to verify all information.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
County
Salt Lake
Zoning
Single-Family
Construction
Brick,Stone
Lot Size
0.3 sq ft
Above Grade Area
2,103 sq ft
Condition
Blt./Standing
MLS #
2157713
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
County
Salt Lake
Zoning
Single-Family
Construction
Brick,Stone
Lot Size
0.3 sq ft
Above Grade Area
2,103 sq ft
Condition
Blt./Standing
MLS #
2157713
List Price
$1,499,999
Annual Taxes
$8,000
Home Warranty
No
List Price
$1,499,999
Annual Taxes
$8,000
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Hardwood,Marble,Tile
Basement
Daylight,Full
Materials
Brick,Stone
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Valley
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Hardwood,Marble,Tile
Basement
Daylight,Full
Materials
Brick,Stone
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Valley
Garage Spaces
7
Covered Spaces
7
Total Parking
17
Garage Spaces
7
Covered Spaces
7
Total Parking
17
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
95/100
vs Similar Homes
22% below
vs Market Median
9% above
Area Growth (YoY)
-1.1%
Deal Score Breakdown
95/100 · 1 qualifying signal
Priced 22% below the median of similar listings
Priced 9% above the per-subtype city median
-1.1% year-over-year ZHVI growth in this area
LT net cashflow -$4,084/mo (-40.1% return on ownership cost) · STR net cashflow -$8,321/mo (-81.6% 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.
Why this classification
Monthly Rent
$6,946/mo
Range: $1,363 – $12,529
Net Monthly Cash Flow
−$4,083 /mo (−$49,000/yr)
Monthly rental income
Monthly ownership cost
Coverage
68%
Net /mo
−$4,084
DSCR
0.81
Est. Annual Revenue
$32,140/yr
$154/night · 56% occupancy · $59/bedroom · $0.09/sqft
Net Monthly Cash Flow
−$8,322 /mo (−$99,864/yr)
Monthly STR income
Monthly ownership cost
Coverage
26%
Net /mo
−$8,321
DSCR
0.25
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$587,500
+155% vs median
39 days
660
$175,000 – $7,995,000
$8,000
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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Salt Lake City Real Estate Broker Focused on Pricing, Positioning, and Results

Daryn Edmunds - High Road Properties

Devin Tanner - Utah Realtor
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