402 SHADOW HILL, Wanship, UT 84017
5BD/—BA Residential in Wanship, UT 84017. 4,732 sqft. Built 2016. Listed at $1,890,000. MLS #2154259.
5BD/—BA Residential in Wanship, UT 84017. 4,732 sqft. Built 2016. Listed at $1,890,000. MLS #2154259.
Located within Sunrise Ridge, an intimate gated community of custom homes. This residence offers a refined blend of craftsmanship, privacy, and elevated mountain living, set against sweeping views of the surrounding valley. Just 30 minutes from Salt Lake City and 15 minutes to Park City, with close proximity to the Echo and Rockport Reservoirs and the Weber River, the location balances accessibility with a true sense of retreat. Built by Big Canyon Custom Homes (this was the owner's personal home), a luxury boutique builder, this home reflects a level of architectural intention and quality construction that discerning buyers will appreciate, with thoughtfully selected materials and a strong connection to the surrounding landscape. The main level is designed for effortless, single-level living and flows naturally to an expansive covered deck. Wide plank, rough-sawn oak wood floors span the living spaces, adding warmth and texture, while generous windows frame the views and fill the home with natural light. A striking stone fireplace anchors the great room, creating a sense of understated sophistication. The kitchen is both functional and beautifully finished, featuring rich leathered granite, Thermador range, stunning copper-accented range hood and island details. Heated tile floors in the bathrooms add a subtle, luxurious layer of comfort. The lower level extends the home's livability with two additional bedrooms, two full baths, large storage areas, along with a well-appointed bar and kitchenette. A spacious media and game area opens to a walkout patio featuring a large custom firepit with a hardwired gas line. The pool table and wall-mounted TVs are included, creating a turnkey entertainment space. Both the patio and covered deck are equipped with gas hookups for BBQs, allowing for seamless indoor-outdoor living. The tiered backyard adds both charm and function with a horseshoe pit, a dedicated garden area, and inviting spaces for gathering or relaxing. An oversized heated four-car garage and dedicated RV parking provide exceptional utility, thoughtfully integrated into the overall design. This is a rare opportunity to own a custom home where craftsmanship, setting, and lifestyle align--with space to breathe, views to enjoy, and a location that keeps everything within reach while still feeling a world away.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
SUNRISE RIDGE SUBDIVISION
County
Summit
Zoning
Single-Family
Construction
Stone,Stucco
Lot Size
1.1 sq ft
Above Grade Area
2,345 sq ft
Condition
Blt./Standing
MLS #
2154259
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
SUNRISE RIDGE SUBDIVISION
County
Summit
Zoning
Single-Family
Construction
Stone,Stucco
Lot Size
1.1 sq ft
Above Grade Area
2,345 sq ft
Condition
Blt./Standing
MLS #
2154259
List Price
$1,890,000
Annual Taxes
$4,342
Home Warranty
No
List Price
$1,890,000
Annual Taxes
$4,342
Home Warranty
No
Heating
Forced Air,Gas: Central,>= 95% efficiency
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Daylight,Entrance,Full,Walk-Out Access
Materials
Stone,Stucco
Appliances
Ceiling Fan,Dryer,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Covered,Porch: Open,Patio: Open
Water Source
Private,Well
Sewer
Septic Tank
View
Mountain(s),Valley
Heating
Forced Air,Gas: Central,>= 95% efficiency
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Daylight,Entrance,Full,Walk-Out Access
Materials
Stone,Stucco
Appliances
Ceiling Fan,Dryer,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Covered,Porch: Open,Patio: Open
Water Source
Private,Well
Sewer
Septic Tank
View
Mountain(s),Valley
Garage Spaces
4
Covered Spaces
4
Total Parking
4
Garage Spaces
4
Covered Spaces
4
Total Parking
4
Why this is a deal
Classification
Standard
Deal Score
65/100
vs Market Median
10% below
Area Growth (YoY)
2.8%
Deal Score Breakdown
65/100 · 1 qualifying signal
Priced 10% below the per-subtype city median
2.8% year-over-year ZHVI growth in this area
LT net cashflow -$2,789/mo (-22.7% return on ownership cost) · STR net cashflow -$10,543/mo (-85.7% 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
Not enough comparable listings
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
$10,808/mo
Range: $6,426 – $15,189
Net Monthly Cash Flow
−$2,789 /mo (−$33,467/yr)
Monthly rental income
Monthly ownership cost
Coverage
88%
Net /mo
−$2,789
DSCR
1.01
Est. Annual Revenue
$30,117/yr
$191/night · 35% occupancy · $112/bedroom · $0.13/sqft
Net Monthly Cash Flow
−$10,542 /mo (−$126,506/yr)
Monthly STR income
Monthly ownership cost
Coverage
20%
Net /mo
−$10,543
DSCR
0.19
$810,000
+133% vs median
100 days
8
$399,900 – $7,200,000
$4,342
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