1102 SUMMIT VIEW, Saratoga Springs, UT 84045
5BD/—BA Residential in Saratoga Springs, UT 84045. 4,679 sqft. Built 2010. Listed at $2,000,000. MLS #2148625.
5BD/—BA Residential in Saratoga Springs, UT 84045. 4,679 sqft. Built 2010. Listed at $2,000,000. MLS #2148625.
WOW. That says it all! 2.71 acres of stepped but flat horse property, custom 5 bedroom (6 with bonus room) home, AND views that will NEVER be blocked. Once-in-a-lifetime Utah property. 2 water shares with updated well and brand-new pump. Add solar and you're off grid ! Spacious kitchen with new gas stove and wall mounted double ovens. Brand new basement kitchen. This has just about everything. Emergency Generac whole home emergency generator, walk in mother-in-law apt, large capacity safe, huge under garage storage, brand new horse arena and loafing shed just to get started. Water and 100 AMP power to lower property. Only half of the lot has been built on. The other half is ready for your shop or barn. $180k in landscaping in the last 2 years. Easy access to Mountain View Corridor. You really need to see this awesome property.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
YATES MINOR
County
Utah
Zoning
Single-Family
Construction
Stone,Stucco
Lot Size
2.71 sq ft
Above Grade Area
2,251 sq ft
Condition
Blt./Standing
MLS #
2148625
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
YATES MINOR
County
Utah
Zoning
Single-Family
Construction
Stone,Stucco
Lot Size
2.71 sq ft
Above Grade Area
2,251 sq ft
Condition
Blt./Standing
MLS #
2148625
List Price
$2,000,000
Original Price
$2,100,000
Annual Taxes
$5,170
Home Warranty
No
List Price
$2,000,000
Original Price
$2,100,000
Annual Taxes
$5,170
Home Warranty
No
Heating
Forced Air,Gas: Central,Propane
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Entrance,Full,Walk-Out Access
Materials
Stone,Stucco
Appliances
Ceiling Fan,Microwave,Range Hood,Refrigerator,Water Softener Owned
Patio & Porch
Covered
Water Source
Private,Rights: Owned,Shares,Well
Sewer
Septic Tank
View
Lake,Mountain(s),Valley
Heating
Forced Air,Gas: Central,Propane
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Entrance,Full,Walk-Out Access
Materials
Stone,Stucco
Appliances
Ceiling Fan,Microwave,Range Hood,Refrigerator,Water Softener Owned
Patio & Porch
Covered
Water Source
Private,Rights: Owned,Shares,Well
Sewer
Septic Tank
View
Lake,Mountain(s),Valley
Garage Spaces
3
Covered Spaces
3
Total Parking
23
Garage Spaces
3
Covered Spaces
3
Total Parking
23
Why this is a deal
Classification
Standard
Deal Score
62/100
vs Similar Homes
167% above
vs Market Median
123% above
Price Reduced
4.8%
Area Growth (YoY)
5.4%
Deal Score Breakdown
62/100 · 1 qualifying signal
5.4% year-over-year ZHVI growth in this area
5% price reduction from original list — seller may be motivated
Priced 167% above the median of similar listings
Priced 123% above the per-subtype city median
LT net cashflow -$7,773/mo (-59.5% return on ownership cost) · STR net cashflow -$9,625/mo (-73.7% 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
$6,012/mo
Range: $4,045 – $7,980
Net Monthly Cash Flow
−$7,773 /mo (−$93,273/yr)
Monthly rental income
Monthly ownership cost
Coverage
46%
Net /mo
−$7,773
DSCR
0.53
Est. Annual Revenue
$58,955/yr
$364/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$9,625 /mo (−$115,498/yr)
Monthly STR income
Monthly ownership cost
Coverage
38%
Net /mo
−$9,625
DSCR
0.35
Elementary
Thunder RidgeMiddle School
Vista Heights Middle SchoolHigh School
WestlakeSchool District
Alpine
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$515,000
+288% vs median
87 days
407
$271,500 – $2,650,000
$5,170
Low Crime
4.6
per 1,000
11.4
per 1,000
3.3
per 1,000
19.3
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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