1234 PARKWAY, Saratoga Springs, UT 84045
5BD/—BA Residential in Saratoga Springs, UT 84045. 5,940 sqft. Built 2013. Listed at $1,340,000. MLS #2151298.
5BD/—BA Residential in Saratoga Springs, UT 84045. 5,940 sqft. Built 2013. Listed at $1,340,000. MLS #2151298.
Beautiful Rare Lakeside Home! This home is nestled on a Bay next to a park with panoramic views of Utah Lake and Mount Timpanogos, perfect tranquility. The open floor plan has high ceilings, large windows and feels connected with the outdoors. This home is truly a "Must See". Newly finished basement is large and spacious, wired for theatre room, game room or both. Insulated to R30 walls and very low utility costs. Square footage figures are provided as a courtesy estimate only and were obtained from an appraisal. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
3
Subdivision
SARATOGA SPRINGS NO7 PUD
County
Utah
Zoning
Single-Family
Construction
Aluminum,Asphalt,Brick,Stone,Stucco
Lot Size
0.38 sq ft
Above Grade Area
3,382 sq ft
Condition
Blt./Standing
MLS #
2151298
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
3
Subdivision
SARATOGA SPRINGS NO7 PUD
County
Utah
Zoning
Single-Family
Construction
Aluminum,Asphalt,Brick,Stone,Stucco
Lot Size
0.38 sq ft
Above Grade Area
3,382 sq ft
Condition
Blt./Standing
MLS #
2151298
List Price
$1,340,000
Original Price
$1,400,000
HOA Fees
$125 / Monthly
Annual Taxes
$5,460
Home Warranty
No
List Price
$1,340,000
Original Price
$1,400,000
HOA Fees
$125 / Monthly
Annual Taxes
$5,460
Home Warranty
No
Heating
Forced Air,Gas: Central,Gas: Stove
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile,Travertine
Basement
Daylight,Entrance,Full,Slab,Walk-Out Access
Materials
Aluminum,Asphalt,Brick,Stone,Stucco
Appliances
Ceiling Fan,Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary,Irrigation: Pressure
Sewer
Sewer: Connected,Sewer: Public
View
Lake,Mountain(s),Valley
Heating
Forced Air,Gas: Central,Gas: Stove
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile,Travertine
Basement
Daylight,Entrance,Full,Slab,Walk-Out Access
Materials
Aluminum,Asphalt,Brick,Stone,Stucco
Appliances
Ceiling Fan,Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary,Irrigation: Pressure
Sewer
Sewer: Connected,Sewer: Public
View
Lake,Mountain(s),Valley
Garage Spaces
5
Covered Spaces
5
Total Parking
11
Garage Spaces
5
Covered Spaces
5
Total Parking
11
Why this is a deal
Classification
Standard
Deal Score
70/100
vs Similar Homes
63% above
vs Market Median
19% above
Price Reduced
4.3%
Area Growth (YoY)
6.5%
Deal Score Breakdown
70/100 · 1 qualifying signal
6.5% year-over-year ZHVI growth in this area
4% price reduction from original list — seller may be motivated
LT net cashflow -$1,611/mo (-17.8% return on ownership cost) · STR net cashflow -$5,350/mo (-59.2% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 63% above the median of similar listings
Priced 19% above the per-subtype city median
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
$8,446/mo
Range: $7,436 – $9,457
Net Monthly Cash Flow
−$1,612 /mo (−$19,344/yr)
Monthly rental income
Monthly ownership cost
Coverage
93%
Net /mo
−$1,611
DSCR
1.11
Est. Annual Revenue
$63,330/yr
$364/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$5,351 /mo (−$64,206/yr)
Monthly STR income
Monthly ownership cost
Coverage
58%
Net /mo
−$5,350
DSCR
0.55
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$515,000
+160% vs median
87 days
407
$271,500 – $2,650,000
$5,460
$125/monthly
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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