242 ECHO LEDGE, Saratoga Springs, UT 84045
5BD/—BA Residential in Saratoga Springs, UT 84045. 3,822 sqft. Built 2018. Listed at $675,000. MLS #2163624.
5BD/—BA Residential in Saratoga Springs, UT 84045. 3,822 sqft. Built 2018. Listed at $675,000. MLS #2163624.
Welcome to this beautifully designed 2018-built home located in one of Saratoga Springs' most peaceful and desirable neighborhoods. Offering a rare and highly sought-after floor plan, this spacious two-story home features four bedrooms plus a versatile loft-all conveniently located upstairs. With the finished basement and loft space, the home has the potential to expand to as many as seven bedrooms to fit your changing needs. Don't hesitate - come see this home today! The thoughtfully designed main level showcases a spacious kitchen with a massive island, abundant counter space, and still plenty of room for a large dining table-perfect for entertaining and everyday living. You'll appreciate the quality finishes and attractive interior details found throughout the home. Retreat to the luxurious primary suite featuring a separate soaking tub and shower, creating the perfect space to unwind. The finished basement adds valuable living space for recreation, guests, a home office, or future bedroom conversions. Additional highlights include a three-car garage, included refrigerator, generous storage, and a quiet location that offers both privacy and convenience. This home combines flexibility, space, and comfort in a setting you'll love coming home to. Note: Basement bathroom is also plumbed for a shower
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
County
Utah
Zoning
Single-Family
Construction
Cement Siding
Lot Size
0.19 sq ft
Above Grade Area
2,618 sq ft
Condition
Blt./Standing
MLS #
2163624
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
County
Utah
Zoning
Single-Family
Construction
Cement Siding
Lot Size
0.19 sq ft
Above Grade Area
2,618 sq ft
Condition
Blt./Standing
MLS #
2163624
List Price
$675,000
HOA Fees
$70 / Monthly
Annual Taxes
$2,824
Home Warranty
No
List Price
$675,000
HOA Fees
$70 / Monthly
Annual Taxes
$2,824
Home Warranty
No
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate,Tile
Basement
Full
Materials
Cement Siding
Appliances
Microwave,Refrigerator
Patio & Porch
Patio: Open
Water Source
Culinary,Secondary
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate,Tile
Basement
Full
Materials
Cement Siding
Appliances
Microwave,Refrigerator
Patio & Porch
Patio: Open
Water Source
Culinary,Secondary
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
Growth Market DealDeal Score
75/100
vs Similar Homes
9% below
vs Market Median
4% below
Area Growth (YoY)
6.3%
Deal Score Breakdown
75/100 · 2 qualifying signals
6.3% year-over-year ZHVI growth in this area
Priced 9% below the median of similar listings
Priced 4% below the per-subtype city median
LT net cashflow -$491/mo (-10.6% return on ownership cost) · STR net cashflow -$750/mo (-16.2% 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.
Why this classification
Monthly Rent
$4,699/mo
Range: $4,058 – $5,339
Net Monthly Cash Flow
−$491 /mo (−$5,887/yr)
Monthly rental income
Monthly ownership cost
Coverage
102%
Net /mo
−$491
DSCR
1.21
Est. Annual Revenue
$66,439/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$751 /mo (−$9,012/yr)
Monthly STR income
Monthly ownership cost
Coverage
120%
Net /mo
−$750
DSCR
1.13
Middle School
Vista Heights Middle SchoolHigh School
WestlakeSchool District
Alpine
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
15
Available Providers
$520,000
+30% vs median
83 days
404
$292,000 – $2,590,000
$2,824
$70/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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