1201 OAK FOREST, Salt Lake City, UT 84103
4BD/—BA Residential in Salt Lake City, UT 84103. 11,718 sqft. Built 2006. Listed at $4,500,000. MLS #2161695.
4BD/—BA Residential in Salt Lake City, UT 84103. 11,718 sqft. Built 2006. Listed at $4,500,000. MLS #2161695.
Where European Elegance Meets Utah's Most Spectacular Views Tucked behind the gates of North Cove Estates, this exceptional French Chteau-inspired home offers a rare combination of elegance, privacy, and breathtaking beauty. Custom built with extraordinary attention to detail, every room reflects the craftsmanship and care that went into creating a truly one-of-a-kind residence. A grand entry welcomes you into thoughtfully designed living spaces that are both beautiful and inviting. The home features four spacious bedroom suites, a stunning library and music room, an elegant formal dining room, and a gourmet kitchen designed for gathering with family and friends. An elevator provides easy access to all three levels, while radiant heated floors and zoned heating and cooling ensure year-round comfort. One of the home's most remarkable features is its setting. From nearly every window, you'll enjoy incredible views-from the Wasatch Mountains to the east to the peaceful gardens and water features that surround the property. The backyard feels like a private retreat, with lush landscaping, mature trees, and the soothing sounds of flowing water creating a sense of calm rarely found so close to the city. The lower level offers room to grow, with space already planned for a fifth bedroom suite and a large theater room. Whether hosting guests or simply enjoying a quiet evening at home, this property offers the perfect balance of luxury and livability. Located just minutes from downtown Salt Lake City, Salt Lake International Airport, and Utah's world-class ski resorts, this is a rare opportunity to own one of the finest homes in North Cove Estates.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
NORTH COVE ESTATES
County
Salt Lake
Zoning
Single-Family
Construction
Stone
Lot Size
2.57 sq ft
Above Grade Area
7,239 sq ft
Condition
Blt./Standing
MLS #
2161695
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
NORTH COVE ESTATES
County
Salt Lake
Zoning
Single-Family
Construction
Stone
Lot Size
2.57 sq ft
Above Grade Area
7,239 sq ft
Condition
Blt./Standing
MLS #
2161695
List Price
$4,500,000
HOA Fees
$1,945 / Quarterly
Annual Taxes
$22,359
Home Warranty
No
List Price
$4,500,000
HOA Fees
$1,945 / Quarterly
Annual Taxes
$22,359
Home Warranty
No
Heating
Forced Air,Gas: Central,Gas: Radiant,Radiant Floor
Cooling
Central Air
Roof
Stone
Flooring
Tile
Basement
Daylight,Entrance,Full
Materials
Stone
Appliances
Ceiling Fan,Microwave,Refrigerator
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central,Gas: Radiant,Radiant Floor
Cooling
Central Air
Roof
Stone
Flooring
Tile
Basement
Daylight,Entrance,Full
Materials
Stone
Appliances
Ceiling Fan,Microwave,Refrigerator
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
4
Covered Spaces
4
Total Parking
4
Garage Spaces
4
Covered Spaces
4
Total Parking
4
Classification
Standard
Deal Score
50/100
vs Similar Homes
126% above
vs Market Median
1% below
Area Growth (YoY)
-1.1%
Deal Score Breakdown
50/100
Priced 1% below the per-subtype city median
Priced 126% above the median of similar listings
-1.1% year-over-year ZHVI growth in this area
LT net cashflow -$11,926/mo (-38.2% return on ownership cost) · STR net cashflow -$28,980/mo (-92.9% 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
$21,896/mo
Range: $3,465 – $40,328
Net Monthly Cash Flow
−$11,927 /mo (−$143,125/yr)
Monthly rental income
Monthly ownership cost
Coverage
70%
Net /mo
−$11,926
DSCR
0.85
Est. Annual Revenue
$37,972/yr
$154/night · 56% occupancy · $59/bedroom · $0.09/sqft
Net Monthly Cash Flow
−$28,979 /mo (−$347,745/yr)
Monthly STR income
Monthly ownership cost
Coverage
10%
Net /mo
−$28,980
DSCR
0.10
Best Download
2 Gbps
Best Upload
2 Gbps
Fiber Available
No
Providers
7
Available Providers
$580,000
+676% vs median
45 days
662
$195,000 – $7,995,000
$22,359
$1,945/quarterly
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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