492 MARATHON, Salt Lake City, UT 84108
5BD/—BA Residential in Salt Lake City, UT 84108. 6,310 sqft. Built 2008. Listed at $2,395,000. MLS #2165435.
5BD/—BA Residential in Salt Lake City, UT 84108. 6,310 sqft. Built 2008. Listed at $2,395,000. MLS #2165435.
**GRAND OPEN HOUSE FRIDAY JUNE 26 FROM 3:00-6:00**Perched on 1.69 private acres in the foothills of Emigration Canyon, this stunning mountain modern retreat offers an exceptional blend of luxury, privacy, and convenience. Surrounded by sweeping panoramic views in every direction, the home captures the beauty of the Wasatch Mountains and the valley below, creating a setting that feels remote and serene while remaining remarkably close to the city. Featuring 5 bedrooms and 7 bathrooms (5 full and 2 half), the residence is thoughtfully designed for both everyday living and effortless entertaining. Each bedroom enjoys the privacy and comfort of its own en suite bath, with all five suites offering a shower and toilet, and three featuring soaking tubs. One guest suite includes a private sauna, while the luxurious primary suite is highlighted by an oversized soaking tub, creating a spa-like retreat ideal for unwinding after a day spent hiking, skiing, or enjoying the outdoors. Expansive windows frame the surrounding landscape, filling the home with natural light and showcasing breathtaking vistas from nearly every room. Modern upgrades enhance both comfort and efficiency, including solar power and new roof in 2021, a brand-new HVAC system installed just two months ago, a tankless water heater, Radon Mitigation system, Heated Garage, Steam shower, and an upgraded broadband internet system designed to maximize connectivity and performance while maintaining the peaceful character of mountain living. Generous living spaces, refined finishes, and a seamless connection to the outdoors create an atmosphere that is both sophisticated and inviting. Set among the natural beauty of Emigration Canyon, the property offers direct access to private trails connecting to several nearby hikes, allowing adventure to begin right from your doorstep. Wildlife, spectacular sunsets, and endless views create a daily backdrop, while the remarkable quiet of the area provides a level of tranquility rarely found so close to a major city. In fact, some consider this to be the quietest neighborhood on the Wasatch Front. Despite its secluded feel, downtown Salt Lake City, world-class dining, shopping, and cultural attractions remain within easy reach. In approximately 15 minutes, you can be out of the canyon and connected to everything the city has to offer. Park City and some of Utah's most celebrated ski resorts, hiking trails, restaurants, and year-round recreational amenities are also just 25 minutes away, placing world-class outdoor adventure and mountain-town charm within effortless reach. For those seeking a luxury mountain lifestyle with room to breathe, unmatched views, private trail access, and the convenience of city living just moments away, this extraordinary property offers the very best of both worlds.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
3
Subdivision
EMIGRATION OAKS PHAS
County
Salt Lake
Zoning
Single-Family
Construction
Cedar,Stucco
Lot Size
1.69 sq ft
Above Grade Area
3,337 sq ft
Condition
Blt./Standing
MLS #
2165435
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
3
Subdivision
EMIGRATION OAKS PHAS
County
Salt Lake
Zoning
Single-Family
Construction
Cedar,Stucco
Lot Size
1.69 sq ft
Above Grade Area
3,337 sq ft
Condition
Blt./Standing
MLS #
2165435
List Price
$2,395,000
HOA Fees
$2,622 / Annually
Annual Taxes
$16,617
Home Warranty
No
List Price
$2,395,000
HOA Fees
$2,622 / Annually
Annual Taxes
$16,617
Home Warranty
No
Heating
Forced Air,Gas: Central,Heat Pump,Hot Water,Wood
Cooling
Central Air
Roof
Membrane
Flooring
Carpet,Hardwood,Tile
Basement
Daylight,Full,Walk-Out Access
Materials
Cedar,Stucco
Appliances
Portable Dishwasher,Dryer,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio & Porch
Covered,Porch: Open
Water Source
Well
Sewer
Septic Tank
View
Mountain(s),Valley
Heating
Forced Air,Gas: Central,Heat Pump,Hot Water,Wood
Cooling
Central Air
Roof
Membrane
Flooring
Carpet,Hardwood,Tile
Basement
Daylight,Full,Walk-Out Access
Materials
Cedar,Stucco
Appliances
Portable Dishwasher,Dryer,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio & Porch
Covered,Porch: Open
Water Source
Well
Sewer
Septic Tank
View
Mountain(s),Valley
Garage Spaces
3
Covered Spaces
3
Total Parking
11
Garage Spaces
3
Covered Spaces
3
Total Parking
11
Classification
Standard
Deal Score
25/100
vs Similar Homes
9% above
vs Market Median
51% above
Area Growth (YoY)
1.1%
Deal Score Breakdown
25/100
1.1% year-over-year ZHVI growth in this area
LT net cashflow -$3,455/mo (-20.5% return on ownership cost) · STR net cashflow -$12,919/mo (-76.8% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 9% above the median of similar listings
Priced 51% above the per-subtype city median
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
$15,186/mo
Range: $11,704 – $18,668
Net Monthly Cash Flow
−$3,455 /mo (−$41,459/yr)
Monthly rental income
Monthly ownership cost
Coverage
90%
Net /mo
−$3,455
DSCR
1.11
Est. Annual Revenue
$66,851/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$12,919 /mo (−$155,028/yr)
Monthly STR income
Monthly ownership cost
Coverage
33%
Net /mo
−$12,919
DSCR
0.32
Best Download
1 Gbps
Best Upload
1 Gbps
Fiber Available
No
Providers
8
Available Providers
$587,500
+308% vs median
39 days
660
$175,000 – $7,995,000
$16,617
$2,622/annually
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

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