4115 GARY, Salt Lake City, UT 84124
6BD/—BA Residential in Salt Lake City, UT 84124. 6,134 sqft. Built 1971. Listed at $3,250,000. MLS #2159915.
6BD/—BA Residential in Salt Lake City, UT 84124. 6,134 sqft. Built 1971. Listed at $3,250,000. MLS #2159915.
If you have ever stayed at a Ritz-Carlton or Montage hotel, you know the feeling. You leave thinking, I wish I could live like this every day. At 4115 Gary Road, located in Salt Lake City's premier Olympus Cove neighborhood, that feeling becomes home. Set on 0.74 flat acres with striking views of Mount Olympus, this property delivers true hotel-grade indoor-outdoor living. Multiple outdoor fire pits, a swim spa, expansive entertaining spaces, and a yard large enough to host your own family Olympics create a lifestyle that feels both elevated and effortless. For the car lover, there are four garage spaces. For the fitness-minded, a detached true gym means you never have to leave home. The pull-up driveway, bold architecture, and resort-style setting make an immediate impression, but the home continues to unfold once inside. The interior features vaulted ceilings, multiple fireplaces, ensuite bedrooms throughout, a butler's kitchen, a bar, a theater, and an office that could easily live as a library, lounge, or hangout room, surrounded by nearly 360-degree views. With 6 bedrooms, 5.5 bathrooms, seamless indoor-outdoor living, and a location just minutes from the best of Salt Lake City, this is a rare opportunity in one of the city's most sought-after neighborhoods. Welcome home. Welcome to Olympus Cove. Welcome to Salt Lake City. Located approximately 20 minutes from downtown Salt Lake City and Salt Lake City International Airport, and about 35 minutes from Park City.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
3
Subdivision
MT. OLYMPUS PARK #3
County
Salt Lake
Zoning
Single-Family
Construction
Asphalt,Brick,Cedar,Cement Siding
Lot Size
0.74 sq ft
Above Grade Area
3,246 sq ft
Condition
Blt./Standing
MLS #
2159915
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
3
Subdivision
MT. OLYMPUS PARK #3
County
Salt Lake
Zoning
Single-Family
Construction
Asphalt,Brick,Cedar,Cement Siding
Lot Size
0.74 sq ft
Above Grade Area
3,246 sq ft
Condition
Blt./Standing
MLS #
2159915
List Price
$3,250,000
Annual Taxes
$14,994
Home Warranty
No
List Price
$3,250,000
Annual Taxes
$14,994
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile,Concrete
Basement
Daylight,Full,Walk-Out Access
Materials
Asphalt,Brick,Cedar,Cement Siding
Appliances
Microwave,Range Hood,Refrigerator
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile,Concrete
Basement
Daylight,Full,Walk-Out Access
Materials
Asphalt,Brick,Cedar,Cement Siding
Appliances
Microwave,Range Hood,Refrigerator
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
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
25/100
vs Similar Homes
71% above
vs Market Median
70% above
Area Growth (YoY)
1.8%
Deal Score Breakdown
25/100
1.8% year-over-year ZHVI growth in this area
Priced 71% above the median of similar listings
Priced 70% above the per-subtype city median
LT net cashflow -$9,602/mo (-43.6% return on ownership cost) · STR net cashflow -$17,754/mo (-80.6% 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.
Monthly Rent
$14,127/mo
Range: $10,230 – $18,025
Net Monthly Cash Flow
−$9,602 /mo (−$115,220/yr)
Monthly rental income
Monthly ownership cost
Coverage
64%
Net /mo
−$9,602
DSCR
0.76
Est. Annual Revenue
$73,369/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$17,754 /mo (−$213,043/yr)
Monthly STR income
Monthly ownership cost
Coverage
28%
Net /mo
−$17,754
DSCR
0.26
Best Download
2 Gbps
Best Upload
250 Mbps
Fiber Available
No
Providers
11
Available Providers
$575,000
+465% vs median
55 days
639
$179,000 – $7,995,000
$14,994
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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