2379 CANNON, Salt Lake City, UT 84109
4BD/—BA Residential in Salt Lake City, UT 84109. 7,761 sqft. Built 2026. Listed at $7,995,000. MLS #2158429.
4BD/—BA Residential in Salt Lake City, UT 84109. 7,761 sqft. Built 2026. Listed at $7,995,000. MLS #2158429.
A rare opportunity to own a truly one-of-one custom residence designed by Elizabeth Hale Design, perfectly positioned on a brand-new east bench lot in Salt Lake County with sweeping valley and mountain views. Opportunities to build a fully custom luxury home in this area are exceptionally rare, making this property a standout offering in both design and location. Thoughtfully curated with elevated architecture and timeless finishes, this home was designed for seamless one-level living with every detail intentionally considered. Each bedroom features its own private en suite, creating both comfort and privacy throughout. The floor plan also includes a casita, gym, dedicated office, expansive chef's kitchen, and a stunning rooftop deck designed to capture unforgettable sunsets and panoramic views. Located within an exclusive gated subdivision of only 10 homesites, this residence offers privacy, luxury, and a refined lifestyle on the east bench. Currently under construction with estimated completion this fall, buyers still have the rare chance to step into a custom-designed masterpiece before completion. All information to be verified. Photos are renderings. Home is currently under construction. Agent is property owner. Contact owner for showing.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
CANNON
County
Salt Lake
Zoning
Single-Family
Lot Size
0.91 sq ft
Above Grade Area
4,016 sq ft
MLS #
2158429
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
CANNON
County
Salt Lake
Zoning
Single-Family
Lot Size
0.91 sq ft
Above Grade Area
4,016 sq ft
MLS #
2158429
List Price
$7,995,000
HOA Fees
$250 / Monthly
Annual Taxes
$10,996
Home Warranty
No
List Price
$7,995,000
HOA Fees
$250 / Monthly
Annual Taxes
$10,996
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Roof
Flat,Membrane
Flooring
Hardwood,Tile
Basement
Full
Patio & Porch
Patio: Open
Water Source
Culinary
View
Valley
Heating
Forced Air
Cooling
Central Air
Roof
Flat,Membrane
Flooring
Hardwood,Tile
Basement
Full
Patio & Porch
Patio: Open
Water Source
Culinary
View
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
193% above
vs Market Median
176% above
Area Growth (YoY)
0.1%
Deal Score Breakdown
10/100
Priced 193% above the median of similar listings
Priced 176% above the per-subtype city median
0.1% year-over-year ZHVI growth in this area
LT net cashflow -$38,357/mo (-74.2% return on ownership cost) · STR net cashflow -$47,761/mo (-92.4% 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
$15,125/mo
Range: $12,082 – $18,167
Net Monthly Cash Flow
−$38,356 /mo (−$460,276/yr)
Monthly rental income
Monthly ownership cost
Coverage
29%
Net /mo
−$38,357
DSCR
0.33
Est. Annual Revenue
$66,947/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$47,761 /mo (−$573,137/yr)
Monthly STR income
Monthly ownership cost
Coverage
11%
Net /mo
−$47,761
DSCR
0.10
Elementary
Indian HillsMiddle School
HillsideHigh School
HighlandSchool District
Salt Lake
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$570,000
+1303% vs median
57 days
615
$184,000 – $7,995,000
$10,996
$250/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

Salt Lake City Real Estate Broker Focused on Pricing, Positioning, and Results

Devin Tanner - Utah Realtor
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