2543 700, Springville, UT 84663
6BD/—BA Residential in Springville, UT 84663. 5,656 sqft. Built 2008. Listed at $1,300,000. MLS #2153613.
6BD/—BA Residential in Springville, UT 84663. 5,656 sqft. Built 2008. Listed at $1,300,000. MLS #2153613.
Beautifully updated 6-bedroom, 3.5-bathroom home featuring stunning views of the Utah Valley, mountains, and Utah Lake. This gorgeous property is located on the benches at the mouth of Hobble Creek canyon. The home has been recently updated with new interior paint and LVP flooring. The basement features a full kitchen with separate exercise and entertainment areas. This home has 5656 square feet of living space with a large main level family room and spacious bedrooms. The kitchen has plenty of space for entertaining and features a newly installed butler's pantry right off the kitchen that provides an enormous amount of additional storage and counter space. A second laundry room is located in the basement with a large storage area. What makes this location special is that there are miles of paved trails for walking, jogging or bike riding within walking distance. Bartholomew Park is two minutes away where you can relax on a sandy beach, go swimming or fishing. If you enjoy hiking in the mountains, you will never run out of new trails to explore right out your back door. Hobble Creek Golf Course is just a few minutes up the canyon. Additional features include: New A/C's and furnaces installed in the past three years Jellyfish lighting Large modern butler's pantry New roof installed two years ago Paver patio with gas fire pit Spacious four car garage Radon mitigation system installed Square footage figures are provided as a courtesy estimate only and were obtained from county records . Buyer is advised to obtain an independent measurement. Owner is a licensed agent and broker is related to Seller/agent.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
STONEBURY ESTATES PUD
County
Utah
Zoning
Single-Family
Construction
Stone,Stucco
Lot Size
1.08 sq ft
Above Grade Area
3,656 sq ft
Condition
Blt./Standing
MLS #
2153613
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
STONEBURY ESTATES PUD
County
Utah
Zoning
Single-Family
Construction
Stone,Stucco
Lot Size
1.08 sq ft
Above Grade Area
3,656 sq ft
Condition
Blt./Standing
MLS #
2153613
List Price
$1,300,000
Original Price
$1,375,000
Annual Taxes
$6,185
Home Warranty
No
List Price
$1,300,000
Original Price
$1,375,000
Annual Taxes
$6,185
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt,Pitched
Flooring
Carpet
Basement
Full
Materials
Stone,Stucco
Appliances
Ceiling Fan,Range Hood,Refrigerator,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
View
Lake,Mountain(s),Valley
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt,Pitched
Flooring
Carpet
Basement
Full
Materials
Stone,Stucco
Appliances
Ceiling Fan,Range Hood,Refrigerator,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
View
Lake,Mountain(s),Valley
Garage Spaces
4
Covered Spaces
4
Total Parking
10
Garage Spaces
4
Covered Spaces
4
Total Parking
10
Why this is a deal
Classification
Standard
Deal Score
75/100
vs Similar Homes
31% above
vs Market Median
24% above
Price Reduced
5.5%
Area Growth (YoY)
7.9%
Deal Score Breakdown
75/100 · 2 qualifying signals
7.9% year-over-year ZHVI growth in this area
5% price reduction from original list — seller may be motivated
LT net cashflow -$1,361/mo (-15.6% return on ownership cost) · STR net cashflow -$5,829/mo (-66.8% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 31% above the median of similar listings
Priced 24% 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
$8,371/mo
Range: $3,729 – $13,012
Net Monthly Cash Flow
−$1,360 /mo (−$16,318/yr)
Monthly rental income
Monthly ownership cost
Coverage
96%
Net /mo
−$1,361
DSCR
1.14
Est. Annual Revenue
$49,677/yr
$284/night · 41% occupancy · $113/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$5,829 /mo (−$69,949/yr)
Monthly STR income
Monthly ownership cost
Coverage
47%
Net /mo
−$5,829
DSCR
0.45
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$487,100
+167% vs median
55 days
103
$207,500 – $38,000,000
$6,185
Low Crime
7.7
per 1,000
16.1
per 1,000
7.5
per 1,000
31.3
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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