Price Reduced

Mother-in-Law Suite currently used as nightly rental space

Listed By Engel & Volkers Salt Lake, Kamee Shrope. 385-213-8705
| Data Source: © 2023 Wasatch Front Regional Multiple Listing Service, Inc.

$2,299,000

($483/SF) • $/month

Listing Price

Down payment

Length of Loan

Interest Rate

Property Taxes

/year

HOA

/month

Insurance

/year

estimated monthly payment:

Price Change: $-326,000 (10 Days Ago)

4 Bed •

4 Bath •

4,762 SF •

0.58 AC

5734 Wasatch Blvd

Salt Lake City, UT 84121

Subdivision

MLS# 2013428

105 Days on Market

Tia Monson Tia@mountainluxury.com 801.540.5173 Realtor®

Discover a truly rare gem-this beautifully crafted home brimming with character and offering immense investment potential. Currently generating a high annual rental revenue from its exceptional "Treehouse" ADU which makes it a 5 BEDROOM/5 BATHROOM home, this property is both a haven and a lucrative venture. Step inside to admire the stunning architecture and high ceilings that define the home. The spacious kitchen is designed for culinary enthusiasts and entertainers alike, flowing seamlessly into the main living area, perfect for hosting gatherings. With nine balconies and decks-four for the ADU and five for the main house-outdoor enjoyment in this beautifully landscaped lush backyard is unparalleled. The master bedroom is a luxurious retreat, featuring 20-foot vaulted ceilings and expansive picture windows framing breathtaking views and sunsets. An additional large family room, complete with a wet bar and panoramic Rocky Mountain views, provides another fantastic space for entertaining. The lower level boasts a charming one-bedroom mother-in-law suite, currently utilized as a nightly rental, further enhancing the home's income potential. The standout feature of this property is the remarkable treehouse ADU. Known for its unique design and exceptional craftsmanship, this unit is a desirable destination, earning supplemental income to help offset a mortgage. Its fame has attracted multiple marriage proposals and filming requests, adding to its allure. The property is surrounded by beautiful wildlife, with numerous bird species and deer frequently visible from the home. The neighborhood is peaceful and welcoming, adding to the serene atmosphere. Located 15 minutes to the SLC airport, centrally located between Big and Little Cottonwood Canyons, as well as Parleys Canyon, 1 mile from the park-and-ride ski shuttle, directly across from the popular Mount Olympus trailhead, close to shopping and restaurants, and conveniently situated off the I-215 . This extraordinary property offers a rare opportunity to own a distinctive home while generating substantial income. If you've dreamt of a remarkable residence that can help pay for itself, this is the place for you. Don't miss out on this unparalleled opportunity. Furniture can be negotiated. **City approved for an additional ADU to be built.