1559 DOG EAR, Wanship, UT 84017
6BD/—BA Residential in Wanship, UT 84017. 6,248 sqft. Built 2024. Listed at $1,775,000. MLS #2164430.
6BD/—BA Residential in Wanship, UT 84017. 6,248 sqft. Built 2024. Listed at $1,775,000. MLS #2164430.
Welcome to Cottonwood Canyon, one of the Wasatch Back's best-kept secrets, where privacy, open space, and mountain living come together just minutes from Park City. Situated on 2 ACRES and backing directly to 80 acres of permanently protected open space, this exceptional 2024 custom estate offers over 6,200 square feet of thoughtfully designed living space, panoramic mountain and valley views, and unmatched flexibility. The spacious rambler floor plan features 6 bedrooms, 6 bathrooms, multiple gathering areas, dedicated office space, and a fully finished walkout lower level. Expansive windows fill the home with natural light, while the open-concept design centers around a beautifully appointed chef's kitchen with premium finishes, oversized walk-in pantry and generous workspace for entertaining. The luxurious primary suite offers a spa-inspired bath with a separate soaking tub and shower. A standout feature is the brand-new 1,780-square-foot accessory dwelling unit with its own private entrance, full kitchen, oversized walk-in pantry, dedicated laundry, 2 bedrooms, and 2 bathrooms-ideal for multigenerational living, guests, or long or short-term rental income opportunities. Enjoy peaceful outdoor living and plentiful afternoon shade on the covered deck or patio with a backyard of nothing but rolling hills, abundant wildlife, and breathtaking sunsets. Perfectly suited for horse owners, the property offers ample room for a pasture and outbuildings. Included with the property is a full share of Hoytsville Irrigation Company for secondary water and an owned culinary well water right, providing exceptional flexibility for landscaping, equestrian use, hobby farming, and future additions. Combining luxury, privacy, valuable water rights, protected open space, and income potential, this rare Cottonwood Canyon estate offers a mountain lifestyle that is increasingly difficult to find so close to Park City, a true one of one opportunity. Buyer to verify all information.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
3
Subdivision
COTTONWOOD CANYON
County
Summit
Zoning
Single-Family, Short Term Rental Allowed
Construction
Asphalt,Concrete,Cement Siding
Lot Size
2 sq ft
Above Grade Area
3,414 sq ft
Condition
Blt./Standing
MLS #
2164430
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
3
Subdivision
COTTONWOOD CANYON
County
Summit
Zoning
Single-Family, Short Term Rental Allowed
Construction
Asphalt,Concrete,Cement Siding
Lot Size
2 sq ft
Above Grade Area
3,414 sq ft
Condition
Blt./Standing
MLS #
2164430
List Price
$1,775,000
Annual Taxes
$4,762
Home Warranty
No
List Price
$1,775,000
Annual Taxes
$4,762
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet
Basement
Daylight,Entrance,Full,Walk-Out Access
Materials
Asphalt,Concrete,Cement Siding
Appliances
Range Hood,Refrigerator,Water Softener Owned
Patio & Porch
Covered
Water Source
Culinary,Irrigation: Pressure,Rights: Owned,Secondary,Shares,Well
Sewer
Septic Tank
View
Mountain(s),Valley
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet
Basement
Daylight,Entrance,Full,Walk-Out Access
Materials
Asphalt,Concrete,Cement Siding
Appliances
Range Hood,Refrigerator,Water Softener Owned
Patio & Porch
Covered
Water Source
Culinary,Irrigation: Pressure,Rights: Owned,Secondary,Shares,Well
Sewer
Septic Tank
View
Mountain(s),Valley
Garage Spaces
2
Covered Spaces
2
Total Parking
14
Garage Spaces
2
Covered Spaces
2
Total Parking
14
Why this is a deal
Classification
Great Deal (vs Market)
Deal Score
100/100
vs Market Median
69% below
Deal Score Breakdown
100/100 · 2 qualifying signals
Priced 69% below the per-subtype city median
LT net cashflow +$1,580/mo (+13.5% return on ownership cost) · STR net cashflow -$9,818/mo (-83.8% 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
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
$15,103/mo
Range: $9,144 – $21,063
Net Monthly Cash Flow
+$1,580 /mo (+$18,962/yr)
Monthly rental income
Monthly ownership cost
Coverage
129%
Net /mo
+$1,580
DSCR
1.49
Est. Annual Revenue
$32,454/yr
$180/night · 44% occupancy · $128/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$9,817 /mo (−$117,808/yr)
Monthly STR income
Monthly ownership cost
Coverage
23%
Net /mo
−$9,818
DSCR
0.21
$525,000
+238% vs median
90 days
10
$389,900 – $7,200,000
$4,762
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