1497 DOG EAR, Wanship, UT 84017
4BD/—BA Residential in Wanship, UT 84017. 4,843 sqft. Built 2023. Listed at $1,570,000. MLS #2160598.
4BD/—BA Residential in Wanship, UT 84017. 4,843 sqft. Built 2023. Listed at $1,570,000. MLS #2160598.
Welcome to Cottonwood Canyon, one of the best-kept secrets near Park City - where quiet mountain living, open space, and privacy create an unmatched lifestyle. Situated on 1.36 acres, this impeccably maintained 2023 custom-built estate offers luxury finishes, thoughtful upgrades, and exceptional functionality throughout. Inside, the home features soaring 17-foot vaulted ceilings in the living room, 10-foot ceilings throughout, custom 9-foot knotty alder doors, knotty alder trim and shutters, hickory hardwood flooring, stone accents, and designer lighting. The kitchen is a true centerpiece with an oversized leathered granite island, premium Forno appliances, a 48" 8-burner gas range with double ovens, pot filler, oversized farmhouse sink, and massive built-in refrigerator/freezer. Additional upgrades include soft water, upgraded privacy windows, security cameras with audio, 220 power, gas lines for BBQs, and two wood-burning stoves. The backyard borders approximately 80 acres of permanently protected land, creating peaceful evenings around the fire pit, on the oversized patio, or in the hot tub. Xeriscape landscaping, a sprinkler system, flower beds, garden space, irrigation hydrants, and a 20-foot fire barrier provide beauty with low-maintenance living. One full share of Hoytsville Irrigation Company water is included if additional landscaping or horse pasture is desired, and the culinary well water right is individually owned. The impressive 45'x55' heated shop includes its own septic, water, gas, power, LED lighting, pull-through 14-foot doors, RV dump, and endless possibilities for storage, hobbies, workspace, or ADU for long or short-term rental opportunities.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
COTTONWOOD CANYON
County
Summit
Zoning
Single-Family, Short Term Rental Allowed
Construction
Asphalt,Cement Siding,Metal Siding
Lot Size
1.36 sq ft
Above Grade Area
4,843 sq ft
Condition
Blt./Standing
MLS #
2160598
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
COTTONWOOD CANYON
County
Summit
Zoning
Single-Family, Short Term Rental Allowed
Construction
Asphalt,Cement Siding,Metal Siding
Lot Size
1.36 sq ft
Above Grade Area
4,843 sq ft
Condition
Blt./Standing
MLS #
2160598
List Price
$1,570,000
Original Price
$1,595,000
Annual Taxes
$3,128
Home Warranty
No
List Price
$1,570,000
Original Price
$1,595,000
Annual Taxes
$3,128
Home Warranty
No
Heating
Forced Air,Gas: Central,Wood
Cooling
Central Air
Roof
Asphalt,Metal
Flooring
Hardwood,Tile
Basement
None
Materials
Asphalt,Cement Siding,Metal Siding
Appliances
Microwave,Range Hood,Refrigerator,Water Softener Owned
Patio & Porch
Covered,Porch: Open,Patio: Open
Water Source
Rights: Owned,Shares,Well
Sewer
Septic Tank
View
Mountain(s),Valley
Heating
Forced Air,Gas: Central,Wood
Cooling
Central Air
Roof
Asphalt,Metal
Flooring
Hardwood,Tile
Basement
None
Materials
Asphalt,Cement Siding,Metal Siding
Appliances
Microwave,Range Hood,Refrigerator,Water Softener Owned
Patio & Porch
Covered,Porch: Open,Patio: Open
Water Source
Rights: Owned,Shares,Well
Sewer
Septic Tank
View
Mountain(s),Valley
Garage Spaces
2
Covered Spaces
8
Total Parking
28
Garage Spaces
2
Covered Spaces
8
Total Parking
28
$525,000
+199% vs median
90 days
10
$389,900 – $7,200,000
$3,128
Your inquiry goes to the listing agent.
Fast Response
Typically within 2 hours during business hours
Why this is a deal
Classification
Great Deal (vs Market)
Deal Score
100/100
vs Market Median
51% below
Price Reduced
1.6%
Deal Score Breakdown
100/100 · 1 qualifying signal
Priced 51% below the per-subtype city median
2% price reduction from original list — seller may be motivated
LT net cashflow -$1,335/mo (-13.0% return on ownership cost) · STR net cashflow -$8,874/mo (-86.4% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Not enough comparable listings
Area growth data unavailable
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
$10,151/mo
Range: $6,146 – $14,157
Net Monthly Cash Flow
−$1,335 /mo (−$16,020/yr)
Monthly rental income
Monthly ownership cost
Coverage
99%
Net /mo
−$1,335
DSCR
1.13
Est. Annual Revenue
$23,902/yr
$180/night · 44% occupancy · $128/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$8,874 /mo (−$106,490/yr)
Monthly STR income
Monthly ownership cost
Coverage
19%
Net /mo
−$8,874
DSCR
0.18
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Daryn Edmunds - High Road Properties

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