8 HILLSIDE, Salt Lake City, UT 84103
2BD/—BA Residential in Salt Lake City, UT 84103. 977 sqft. Built 1962. Listed at $459,000. MLS #2159742.
2BD/—BA Residential in Salt Lake City, UT 84103. 977 sqft. Built 1962. Listed at $459,000. MLS #2159742.
OPEN HOUSE SAT MAY 23 10:00-12:00 Perched high above the city in the Panorama Condominiums on Capitol Hill, this stunning residence captures sweeping, unobstructed views of downtown Salt Lake City, the valley, and the surrounding Wasatch mountains. The classic mid-century building has been thoughtfully refreshed with major updates, including a new roof, exterior paint and stucco, HVAC, elevator, and a resurfaced pool and deck area-offering the charm of a vintage building with the peace of mind of modern improvements. Inside the unit, an expansive wall of windows floods the home with natural light and perfectly frames the city vistas, creating an elevated urban retreat. The spacious, open-concept layout is ideal for both everyday living and entertaining. A beautifully updated eat-in kitchen features custom cabinetry, quartzite countertops, a large center island, and great flow into the living and dining areas. Step outside to your private, covered balcony to savor coffee at sunrise, unwind with evening city lights, or enjoy outdoor living year-round. The primary bedroom offers a peaceful escape with generous dimensions, custom closets, and built-in cabinetry for effortless organization. A second bedroom offers flexible use as a guest room, home office, or creative studio. The well-appointed bath includes a convenient in-unit washer/dryer combo, maximizing functionality and comfort. Residents of Panorama enjoy secure, controlled access, garage parking, additional storage, and resort-style amenities including a private pool, expansive sun deck, and beautifully maintained grounds. This particular unit is prized for having some of the very best views in the entire building. All of this is just steps from the heart of downtown-City Creek Center, Temple Square, top-rated dining, boutiques, sporting events, performing arts, and cultural attractions are right at your doorstep. With its unbeatable location, dramatic views, and turnkey updates, this home defines effortless city living at its finest.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; High Rise
Stories
1
Subdivision
THE PANORAMA
County
Salt Lake
Construction
Concrete,Stucco
Lot Size
0.01 sq ft
Above Grade Area
977 sq ft
Condition
Blt./Standing
MLS #
2159742
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; High Rise
Stories
1
Subdivision
THE PANORAMA
County
Salt Lake
Construction
Concrete,Stucco
Lot Size
0.01 sq ft
Above Grade Area
977 sq ft
Condition
Blt./Standing
MLS #
2159742
List Price
$459,000
HOA Fees
$404 / Monthly
Annual Taxes
$1,724
Home Warranty
No
List Price
$459,000
HOA Fees
$404 / Monthly
Annual Taxes
$1,724
Home Warranty
No
Heating
Heat Pump
Cooling
Central Air,Heat Pump
Roof
Rubber,Membrane
Flooring
Carpet,Tile
Basement
None
Materials
Concrete,Stucco
Appliances
Dryer,Microwave,Refrigerator,Washer
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Heating
Heat Pump
Cooling
Central Air,Heat Pump
Roof
Rubber,Membrane
Flooring
Carpet,Tile
Basement
None
Materials
Concrete,Stucco
Appliances
Dryer,Microwave,Refrigerator,Washer
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Classification
Standard
Deal Score
50/100
vs Similar Homes
4% below
vs Market Median
31% above
Area Growth (YoY)
0.1%
Deal Score Breakdown
50/100
Priced 4% below the median of similar listings
Priced 31% above the per-subtype city median
0.1% year-over-year ZHVI growth in this area
LT net cashflow -$1,959/mo (-56.2% return on ownership cost) · STR net cashflow -$2,202/mo (-63.2% 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
$1,732/mo
Range: $1,196 – $2,269
Net Monthly Cash Flow
−$1,959 /mo (−$23,508/yr)
Monthly rental income
Monthly ownership cost
Coverage
50%
Net /mo
−$1,959
DSCR
0.66
Est. Annual Revenue
$21,969/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$2,202 /mo (−$26,427/yr)
Monthly STR income
Monthly ownership cost
Coverage
53%
Net /mo
−$2,202
DSCR
0.55
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$575,000
-20% vs median
55 days
621
$184,000 – $7,995,000
$1,724
$404/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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