1141 OAK LEAF, Springville, UT 84663
7BD/—BA Residential in Springville, UT 84663. 8,785 sqft. Built 1997. Listed at $4,899,000. MLS #2162392.
7BD/—BA Residential in Springville, UT 84663. 8,785 sqft. Built 1997. Listed at $4,899,000. MLS #2162392.
The Phoenix at #HobbleCreek in #SpringvilleUtah. This masterpiece has been completely renovated. Down to the studs. It was in the #ParadeofHomes 2023. Crisp #mountain air. You will feel the ZEN as you step foot on the property, but then when you walk thru the door, it permeates...Peace. Healing. Beauty. Calm. This is a very special place. There are really too many beautiful finishes to name them all, but here are a few: You approach the home on radiant heated paver walkways and driveway. The grand entrance is graced with a stunning Bronze sculpture of a phoenix, after which the home is named for: "The Phoenix at Hobble Creek". Rough timbers welcome you in. Gorgeous views of the scenery from every window. The den and the dining look out onto the Pheonix and the valley. Beautiful gathering area leads out to a private patio with an outdoor kitchen, fireplace, sauna, hot tub, and fire pit. The property reaches up very high as you look up to a gorgeous rock formation (your very own 'hole in the rock!'), and then it extends down to the creek and even across at some points. A CREEK RUNS THROUGH IT. The kids will be gone all day. Collect golf balls and fish from your own property! Plenty of parking for parties! Parking for 22+/- cars. ADU/apartment with an outside entrance and conservatory. Even you own ELEVATOR for easy access to all three levels! Theater room & bunk room for fun sleepovers or just throw all the kids in there!! and basement kitchen with basement entrance and access to new additional garage under the Phoenix. This lower garage was excavated and added at the time of renovation. There is a cutting edge water filtration system for the whole house. The Primary suite has a fireplace and two walk-in closets and a lovely sitting area. It is on the main level with a door out to the jacuzzi and the sauna. Timeless yet rustic yet elegant yet cozy. Hard to envelope all of these vibes into one home.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
MEADOWS AT HOBBLE CREEK
County
Utah
Zoning
Single-Family
Construction
Clapboard/Masonite,Stone
Lot Size
8.73 sq ft
Above Grade Area
6,430 sq ft
Condition
Blt./Standing
MLS #
2162392
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
MEADOWS AT HOBBLE CREEK
County
Utah
Zoning
Single-Family
Construction
Clapboard/Masonite,Stone
Lot Size
8.73 sq ft
Above Grade Area
6,430 sq ft
Condition
Blt./Standing
MLS #
2162392
List Price
$4,899,000
HOA Fees
$1 / Annually
Annual Taxes
$10,000
Home Warranty
No
List Price
$4,899,000
HOA Fees
$1 / Annually
Annual Taxes
$10,000
Home Warranty
No
Heating
Forced Air,Gas: Central,>= 95% efficiency,Radiant Floor
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Entrance,Full
Materials
Clapboard/Masonite,Stone
Appliances
Dryer,Gas Grill/BBQ,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Covered,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Heating
Forced Air,Gas: Central,>= 95% efficiency,Radiant Floor
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Entrance,Full
Materials
Clapboard/Masonite,Stone
Appliances
Dryer,Gas Grill/BBQ,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Covered,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Garage Spaces
5
Covered Spaces
5
Total Parking
27
Garage Spaces
5
Covered Spaces
5
Total Parking
27
Why this is a deal
Classification
Standard
Deal Score
70/100
vs Similar Homes
281% above
vs Market Median
197% above
Area Growth (YoY)
6.4%
Deal Score Breakdown
70/100 · 1 qualifying signal
6.4% year-over-year ZHVI growth in this area
Priced 281% above the median of similar listings
Priced 197% above the per-subtype city median
LT net cashflow -$20,323/mo (-63.6% return on ownership cost) · STR net cashflow -$28,475/mo (-89.1% 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
$13,221/mo
Range: $5,122 – $21,320
Net Monthly Cash Flow
−$20,322 /mo (−$243,867/yr)
Monthly rental income
Monthly ownership cost
Coverage
41%
Net /mo
−$20,323
DSCR
0.47
Est. Annual Revenue
$59,699/yr
$283/night · 41% occupancy · $114/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$28,474 /mo (−$341,692/yr)
Monthly STR income
Monthly ownership cost
Coverage
16%
Net /mo
−$28,475
DSCR
0.14
Best Download
2 Gbps
Best Upload
250 Mbps
Fiber Available
No
Providers
8
Available Providers
$432,000
+1034% vs median
42 days
108
$199,500 – $38,000,000
$10,000
$1/annually
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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