2308 COLT, Saratoga Springs, UT 84045
4BD/—BA Residential in Saratoga Springs, UT 84045. 5,166 sqft. Built 2005. Listed at $839,000. MLS #2152010.
4BD/—BA Residential in Saratoga Springs, UT 84045. 5,166 sqft. Built 2005. Listed at $839,000. MLS #2152010.
Views. Separate living space. Immaculate condition. Enjoy sweeping views of Utah Lake and the Wasatch Range from this beautifully maintained, fully finished home. The maintenance-free deck is the perfect place to relax, entertain, and take in the incredible scenery, all just a short golf cart ride away from a lakeside 18-hole golf course. One of the home's standout features is the fully finished walkout lower level with a separate entrance, full second kitchen, workshop space, and flexible living options ideal for multigenerational living, guests, or possible rental potential. The dedicated workshop includes a ceiling-mounted lift - or transform the space into a greenhouse, art room, or creative studio. The morning light is exceptional. The main level offers a warm, well-designed layout with beautiful wood flooring, spacious gathering areas, and a thoughtfully designed kitchen featuring convenient pull-out shelving for effortless organization. The primary suite includes a classic clawfoot soaking tub and direct access to the back deck, creating a peaceful retreat full of charm and character. Upstairs, you'll find an additional bedroom, full bathroom, and a large game room/flexible hangout space perfect for movie nights, gaming, hobbies, sleepovers, or creating the ultimate bonus space for family and friends. Additional upgrades include a radiant-heated driveway with its own boiler, dual water heaters, two furnaces and A/C units, water softener system, reverse osmosis system, and invisible pet fencing with perimeter wiring ready for reinstallation (not warrantied). Outside, the beautifully landscaped yard and immaculate condition throughout reflect true pride of ownership. Move-in ready and exceptionally cared for, this home offers views, versatility, and space in one exceptional property.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
JACOBS
County
Utah
Zoning
Single-Family
Construction
Brick,Cement Siding
Lot Size
0.25 sq ft
Above Grade Area
3,076 sq ft
Condition
Blt./Standing
MLS #
2152010
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
JACOBS
County
Utah
Zoning
Single-Family
Construction
Brick,Cement Siding
Lot Size
0.25 sq ft
Above Grade Area
3,076 sq ft
Condition
Blt./Standing
MLS #
2152010
List Price
$839,000
Annual Taxes
$3,145
Home Warranty
No
List Price
$839,000
Annual Taxes
$3,145
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Daylight,Full,Walk-Out Access
Materials
Brick,Cement Siding
Appliances
Ceiling Fan,Dryer,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Covered,Patio: Open
Water Source
Culinary,Irrigation: Pressure
Sewer
Sewer: Connected
View
Lake,Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Daylight,Full,Walk-Out Access
Materials
Brick,Cement Siding
Appliances
Ceiling Fan,Dryer,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Covered,Patio: Open
Water Source
Culinary,Irrigation: Pressure
Sewer
Sewer: Connected
View
Lake,Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
6
Garage Spaces
2
Covered Spaces
2
Total Parking
6
Why this is a deal
Classification
Strong Cash FlowDeal Score
85/100
vs Similar Homes
8% above
vs Market Median
3% above
Area Growth (YoY)
8.8%
Deal Score Breakdown
85/100 · 2 qualifying signals
8.8% year-over-year ZHVI growth in this area
LT net cashflow +$396/mo (+7.1% return on ownership cost) · STR net cashflow -$2,321/mo (-41.7% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 3% above the per-subtype city median
Priced 8% above the median of similar listings
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.
Why this classification
Monthly Rent
$6,770/mo
Range: $5,959 – $7,580
Net Monthly Cash Flow
+$396 /mo (+$4,757/yr)
Monthly rental income
Monthly ownership cost
Coverage
122%
Net /mo
+$396
DSCR
1.42
Est. Annual Revenue
$55,546/yr
$364/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$2,322 /mo (−$27,861/yr)
Monthly STR income
Monthly ownership cost
Coverage
83%
Net /mo
−$2,321
DSCR
0.78
Elementary
Sage HillsMiddle School
Vista Heights Middle SchoolHigh School
WestlakeSchool District
Alpine
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$515,000
+63% vs median
87 days
407
$271,500 – $2,650,000
$3,145
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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