423 12TH, Salt Lake City, UT 84103
4BD/—BA Residential in Salt Lake City, UT 84103. 5,413 sqft. Built 2001. Listed at $2,300,000. MLS #2158041.
4BD/—BA Residential in Salt Lake City, UT 84103. 5,413 sqft. Built 2001. Listed at $2,300,000. MLS #2158041.
Experience luxury and easy effortless living in this spectacular, masterfully designed home located in the highly desirable Capital Park community in the high Avenues. This exceptional residence, built in 2001, defines luxury living with timeless architecture, and impeccable craftsmanship. Featuring a welcoming front porch framed by mature landscaping and a dramatic two-story entry, this home shines with rich hardwood floors across the main level and an inviting floor plan. A stunning kitchen boasts pristine stone countertops, warm butcher block bar counters, ultra-luxury appliances, two dishwashers, a warming drawer, walk in pantry and eat-in kitchen nook. The sophisticated layout offers a seamless flow into the living room area, complete with a fireplace and amazing views that you only get in the high Avenues. The main floor also features a convenient powder room, a picturesque view filled living room and office with elegant French doors leading to a wisteria covered pergola and an attached bath making it suitable for an ensuite bedroom if desired. The upper level offers a magnificent view inspired primary suite with turreted sitting area, fireplace, walk-in closet, soaking tub, steam shower and private deck. Upstairs, two additional generously sized bedrooms, with an adjoining bath, offer an effortless living and flexible layout. The fully finished lower level is an entertainer's dream with a theater room with custom built-ins, newer 100 inch screen, a bar, wine cellar, a full bath, a bedroom and storage/workshop. Outside, relax on the beautiful patio and professionally thoughtfully landscaped yard overflowing with color. Set against a backdrop of lush gardens, mature plantings, and classic stonework, the grounds offer an intimate setting perfect for alfresco dining or a quiet morning coffee. An attached garage with parking for three cars flows into a large mudroom with custom lockers. Experience resort-style living every day within a home that reflects uncompromising quality, enduring design, and gracious curb appeal.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
CAPITOL PARK
County
Salt Lake
Zoning
Single-Family
Construction
Cement Siding
Lot Size
0.23 sq ft
Above Grade Area
3,902 sq ft
Condition
Blt./Standing
MLS #
2158041
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
CAPITOL PARK
County
Salt Lake
Zoning
Single-Family
Construction
Cement Siding
Lot Size
0.23 sq ft
Above Grade Area
3,902 sq ft
Condition
Blt./Standing
MLS #
2158041
List Price
$2,300,000
HOA Fees
$77 / Monthly
Annual Taxes
$8,232
Home Warranty
No
List Price
$2,300,000
HOA Fees
$77 / Monthly
Annual Taxes
$8,232
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Full
Materials
Cement Siding
Appliances
Dryer,Microwave,Range Hood,Refrigerator,Washer
Laundry
Gas Dryer Hookup
Patio & Porch
Covered,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Full
Materials
Cement Siding
Appliances
Dryer,Microwave,Range Hood,Refrigerator,Washer
Laundry
Gas Dryer Hookup
Patio & Porch
Covered,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Garage Spaces
3
Covered Spaces
3
Total Parking
8
Garage Spaces
3
Covered Spaces
3
Total Parking
8
Classification
Standard
Deal Score
10/100
vs Similar Homes
15% above
vs Market Median
48% above
Area Growth (YoY)
-0.8%
Deal Score Breakdown
10/100
Priced 15% above the median of similar listings
Priced 48% above the per-subtype city median
-0.8% year-over-year ZHVI growth in this area
LT net cashflow -$4,353/mo (-28.5% return on ownership cost) · STR net cashflow -$11,786/mo (-77.1% 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
$12,429/mo
Range: $8,694 – $16,165
Net Monthly Cash Flow
−$4,353 /mo (−$52,234/yr)
Monthly rental income
Monthly ownership cost
Coverage
81%
Net /mo
−$4,353
DSCR
0.95
Est. Annual Revenue
$60,088/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$11,785 /mo (−$141,426/yr)
Monthly STR income
Monthly ownership cost
Coverage
33%
Net /mo
−$11,786
DSCR
0.31
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$570,000
+304% vs median
57 days
615
$184,000 – $7,995,000
$8,232
$77/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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Daryn Edmunds - High Road Properties

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