1038 NORTHBONNEVILLE, Salt Lake City, UT 84103
6BD/—BA Residential in Salt Lake City, UT 84103. 6,993 sqft. Built 1986. Listed at $2,550,000. MLS #2163073.
6BD/—BA Residential in Salt Lake City, UT 84103. 6,993 sqft. Built 1986. Listed at $2,550,000. MLS #2163073.
Perched in the Upper Avenues, this fully remodeled residence showcases arguably the most spectacular views on the market. Encompassing approximately 6,993 square feet across three daylight levels, the home underwent a comprehensive architect-led redesign with a sophisticated Scandinavian-inspired aesthetic. From the moment you step through the double-door entry, sweeping, unobstructed views spanning the Wasatch and Oquirrh mountains, sparkling city lights, and breathtaking sunsets greet you. The outdoor living spaces were transformed from a single narrow deck into two deeper decks that maximize sightlines and seamlessly connect indoor and outdoor living. The main-level deck was structurally reinforced and finished with a durable, solid-surface coating for long-term performance. New Sierra Pacific windows and oversized sliding glass doors flood the home with natural light while framing the stunning scenery from nearly every room. The chef's kitchen is both beautiful and highly functional, featuring a built-in refrigerator, steam oven, induction cooktop, honed leather-finish granite countertops, designer tile backsplash, custom cabinetry with pull-out spice racks, and an oversized walk-in pantry. Rich hickory hardwood flooring and a dramatic floor-to-ceiling fireplace create warmth and elegance throughout the main living spaces. A well-designed mudroom connects to the three-car garage and includes a dog-washing station. A powder bath completes the main level. The primary suite is a private retreat: panoramic views, heated bathroom floors, a deep Japanese soaking tub, dual-head shower, double vanity, and spa-level finishes throughout. The custom walk-in closet features organized storage and laundry hookups. The middle level offers five spacious bedrooms, two bathrooms, a family room with an electric fireplace, and a dedicated laundry room with built-in cabinetry, sink, and abundant storage. The walkout daylight lower level is designed for entertaining and everyday living, with a large recreation room, exercise room, and generous storage throughout. Additional upgrades include updated plumbing and electrical, dual-zone HVAC with newer A/C units and humidifier, water softener, flat driveway, and an oversized three-car garage. Square footage provided as a courtesy estimate only and was obtained from county records. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
3
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.24 sq ft
Above Grade Area
2,556 sq ft
Condition
Blt./Standing
MLS #
2163073
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
3
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.24 sq ft
Above Grade Area
2,556 sq ft
Condition
Blt./Standing
MLS #
2163073
List Price
$2,550,000
Annual Taxes
$7,332
Home Warranty
No
List Price
$2,550,000
Annual Taxes
$7,332
Home Warranty
No
Heating
Forced Air,Gas: Central,>= 95% efficiency,Radiant Floor
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Daylight,Entrance,Full,Walk-Out Access
Materials
Brick
Appliances
Ceiling Fan,Dryer,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Lake,Mountain(s),Valley
Heating
Forced Air,Gas: Central,>= 95% efficiency,Radiant Floor
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Daylight,Entrance,Full,Walk-Out Access
Materials
Brick
Appliances
Ceiling Fan,Dryer,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Lake,Mountain(s),Valley
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Classification
Standard
Deal Score
30/100
vs Similar Homes
35% above
vs Market Median
77% above
Area Growth (YoY)
-1.5%
Deal Score Breakdown
30/100
LT net cashflow -$993/mo (-5.9% return on ownership cost) · STR net cashflow -$12,480/mo (-74.0% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 35% above the median of similar listings
Priced 77% above the per-subtype city median
-1.5% year-over-year ZHVI growth in this area
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.
Why this classification
Monthly Rent
$18,036/mo
Range: $12,776 – $23,297
Net Monthly Cash Flow
−$993 /mo (−$11,916/yr)
Monthly rental income
Monthly ownership cost
Coverage
107%
Net /mo
−$993
DSCR
1.23
Est. Annual Revenue
$75,176/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$12,478 /mo (−$149,740/yr)
Monthly STR income
Monthly ownership cost
Coverage
37%
Net /mo
−$12,480
DSCR
0.34
Best Download
2 Gbps
Best Upload
2 Gbps
Fiber Available
No
Providers
10
Available Providers
$580,000
+340% vs median
45 days
662
$195,000 – $7,995,000
$7,332
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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