11382 CANYON FALLS, Sandy, UT 84092
5BD/—BA Residential in Sandy, UT 84092. 5,523 sqft. Built 2022. Listed at $1,495,000. MLS #2155788.
5BD/—BA Residential in Sandy, UT 84092. 5,523 sqft. Built 2022. Listed at $1,495,000. MLS #2155788.
This beautifully crafted and extensively upgraded Ivory Homes residence offers over 5,500 square feet of thoughtfully designed living space, seamlessly blending luxury, comfort, and functionality. Rich hardwood floors, expansive Pella windows, designer finishes, and a dramatic grand staircase create a striking first impression, while the open-concept floor plan is ideal for both everyday living and entertaining. The spacious great room features a gas fireplace and generous space for casual dining, flowing effortlessly into the remarkable kitchen. Designed with both style and practicality in mind, the kitchen showcases custom cabinetry, Dekton countertops, upgraded appliances, and a walk-in pantry, blending traditional charm with modern convenience. The main level also includes a private east-facing office with French doors and beautiful mountain views, a versatile flex room ideal as a formal dining room or additional office, and a main-floor guest suite complete with a full bath and generous walk-in closet. A well-appointed mudroom, powder bath, and oversized three-car garage add to the home's exceptional functionality. Upstairs, the gracious primary suite includes a spacious bedroom, oversized walk-in closet, and luxurious bath with a soaking tub and separate shower. Three additional bedrooms, each with a walk-in closet, share a three-quarter bath, and the laundry room is conveniently located on this level. All spaces feature large windows that maximize natural light and showcase beautiful views, complemented by custom blinds for privacy where needed. The unfinished lower level offers more than 2,000 square feet of future living space and is already plumbed for a bathroom, providing the opportunity to finish it to your specifications. Outside, the fully landscaped, level yard has been thoughtfully designed for beauty and ease of maintenance, featuring a complete drip and sprinkler system, drought-tolerant trees, and perennial plantings. The cedar-fenced backyard offers exceptional outdoor living with a covered deck perfect for entertaining, an in-ground trampoline, and expansive lawn space for soccer, croquet, or other outdoor activities. Located within one of the area's most desirable Ivory Homes communities, this exceptional property benefits from quality construction and numerous builder and owner upgrades throughout. Situated on a quiet cul-de-sac, the home is just steps from Bell Canyon Park, offering playgrounds, tennis courts, and picnic areas. The location also provides excellent freeway access and is conveniently close to ski resorts, downtown Salt Lake City, the University of Utah, Salt Lake City International Airport, and Silicon Slopes. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
CANYON COVE
County
Salt Lake
Zoning
Single-Family
Construction
Clapboard/Masonite
Lot Size
0.46 sq ft
Above Grade Area
3,476 sq ft
Condition
Blt./Standing
MLS #
2155788
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
CANYON COVE
County
Salt Lake
Zoning
Single-Family
Construction
Clapboard/Masonite
Lot Size
0.46 sq ft
Above Grade Area
3,476 sq ft
Condition
Blt./Standing
MLS #
2155788
List Price
$1,495,000
Original Price
$1,540,000
Annual Taxes
$7,523
Home Warranty
No
List Price
$1,495,000
Original Price
$1,540,000
Annual Taxes
$7,523
Home Warranty
No
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood
Basement
Full
Materials
Clapboard/Masonite
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood
Basement
Full
Materials
Clapboard/Masonite
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Why this is a deal
Classification
Standard
Deal Score
65/100
vs Similar Homes
53% above
vs Market Median
10% below
Price Reduced
2.9%
Area Growth (YoY)
2.3%
Deal Score Breakdown
65/100 · 1 qualifying signal
Priced 10% below the per-subtype city median
3% price reduction from original list — seller may be motivated
2.3% year-over-year ZHVI growth in this area
Priced 53% above the median of similar listings
LT net cashflow -$3,566/mo (-35.1% return on ownership cost) · STR net cashflow -$6,659/mo (-65.5% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
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
$7,506/mo
Range: $5,819 – $9,194
Net Monthly Cash Flow
−$3,567 /mo (−$42,803/yr)
Monthly rental income
Monthly ownership cost
Coverage
74%
Net /mo
−$3,566
DSCR
0.87
Est. Annual Revenue
$60,219/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$6,658 /mo (−$79,892/yr)
Monthly STR income
Monthly ownership cost
Coverage
49%
Net /mo
−$6,659
DSCR
0.47
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$659,900
+127% vs median
41 days
250
$16,000 – $9,000,000
$7,523
Moderate
9.7
per 1,000
32.1
per 1,000
8.1
per 1,000
49.9
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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