8318 RIDGE POINT, Sandy, UT 84093
5BD/—BA Residential in Sandy, UT 84093. 5,593 sqft. Built 1987. Listed at $1,500,000. MLS #2157248.
5BD/—BA Residential in Sandy, UT 84093. 5,593 sqft. Built 1987. Listed at $1,500,000. MLS #2157248.
Perched in the highly coveted East Sandy location, this stunning home captures breathtaking mountain views and unforgettable sunsets from the expansive back deck. Thoughtfully designed with an extremely functional layout, this home offers 5 bedrooms, plus a dedicated exercise room and private home office-providing flexibility for every stage of life. Incredible natural light pours throughout the home, highlighting the inviting living spaces and dreamy open kitchen that was made for gathering. The basement kitchenette is perfect for guests, entertaining, or keeping movie night snacks and drinks close at hand. Whether hosting friends on the large deck, enjoying the secluded backyard, or gathering around the heart of the home, this property effortlessly blends comfort, beauty, and functionality into the ultimate entertainer's dream.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
TATE
County
Salt Lake
Zoning
Single-Family
Construction
Stone,Stucco
Lot Size
0.42 sq ft
Above Grade Area
3,807 sq ft
Condition
Blt./Standing
MLS #
2157248
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
TATE
County
Salt Lake
Zoning
Single-Family
Construction
Stone,Stucco
Lot Size
0.42 sq ft
Above Grade Area
3,807 sq ft
Condition
Blt./Standing
MLS #
2157248
List Price
$1,500,000
Annual Taxes
$6,463
Home Warranty
No
List Price
$1,500,000
Annual Taxes
$6,463
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Daylight,Full
Materials
Stone,Stucco
Appliances
Dryer,Microwave,Washer
Laundry
Electric Dryer Hookup
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
Basement
Daylight,Full
Materials
Stone,Stucco
Appliances
Dryer,Microwave,Washer
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Garage Spaces
3
Covered Spaces
3
Total Parking
9
Garage Spaces
3
Covered Spaces
3
Total Parking
9
Classification
Standard
Deal Score
25/100
vs Similar Homes
15% above
vs Market Median
10% above
Area Growth (YoY)
1.3%
Deal Score Breakdown
25/100
1.3% year-over-year ZHVI growth in this area
Priced 15% above the median of similar listings
Priced 10% above the per-subtype city median
LT net cashflow -$2,933/mo (-29.3% return on ownership cost) · STR net cashflow -$6,385/mo (-63.8% 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
$8,045/mo
Range: $5,874 – $10,216
Net Monthly Cash Flow
−$2,933 /mo (−$35,199/yr)
Monthly rental income
Monthly ownership cost
Coverage
80%
Net /mo
−$2,933
DSCR
0.95
Est. Annual Revenue
$62,197/yr
$364/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$6,386 /mo (−$76,634/yr)
Monthly STR income
Monthly ownership cost
Coverage
52%
Net /mo
−$6,385
DSCR
0.49
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$630,000
+138% vs median
49 days
200
$18,000 – $9,000,000
$6,463
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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Devin Tanner - Utah Realtor
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