ActiveResidential · sale

1489 E MILLCREEK WAY

Salt Lake City, UT 84106

$4,900,000

  • 5 beds
  • 6 baths
  • 6,681 sq ft
  • 1 acres
  • Built 2010

Listed by Summit Sotheby's International Realty · MLS #2158268

1489 E MILLCREEK WAY, Salt Lake City, UT 84106 — photo 1 View full photo
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PROPERTY QUESTIONS & SHOWINGS

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1489 E MILLCREEK WAY, Salt Lake City, UT 84106 · MLS #2158268

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A FEW THINGS TO NOTICE

What stands out.

Details worth a look

Sale includes the adjacent to the property with wonderful amenities including a private pickleball court & sport court, a versatile greenhouse ideal for gardening or recreation, and open space perfect for future pool or garden space.

Year built

Built in 2010.

Garage parking

3 garage spaces listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Once-in-a-Lifetime Custom Architectural Home | Private 1.0 acre Oasis in Prestigious Millcreek Nestled in the heart of Salt Lake City, this extraordinary custom residence offers the ultimate in refined luxury - a serene country estate seamlessly integrated into one of the city's most coveted, tree-lined neighborhoods. Designed by renowned architect Kevin Watts and meticulously crafted by Watts Construction, the home rests on a rare, flat 1.0 acre lot providing complete privacy and a park-like sanctuary, all while enjoying effortless access to Sugar House, Millcreek Commons , Canyon Rim, the majestic hiking trails of Millcreek Canyon and Utahs famous ski resorts. This quiet, family-friendly enclave within Millcreek Township is highly regarded for its mature trees, and exceptional walkability to nearby cafes, coffee shops, skating rinks, and boutique amenities. It masterfully blends peaceful suburban charm with close proximity to nature and vibrant city conveniences - a rare and highly sought-after lifestyle. A dramatic suspended spiral staircase greets you upon entry, setting the tone for the home's unparalleled craftsmanship. Soaring ceilings reach up to 30 feet, complemented by walls of windows that flood the interior with natural light. Brazilian cherry inlay hardwood floors, exquisite custom millwork, intricate crown molding, and extensive marble and granite surfaces throughout reflect the highest standards of timeless elegance. The gourmet chef's kitchen is a culinary masterpiece, featuring premium Sub-Zero refrigeration and a Dacor professional range. Five luxurious bedrooms, including three en-suite, and six baths offer spa-like indulgence with steam showers, jetted tubs, Rohl fixtures, and exquisite marble finishes. Signature elements include a private elevator, six fireplaces, radiant floor heating supplemented by furnaces, and advanced Lutron lighting with Control 4 home automation. Outdoor living is equally spectacular. Stunning full Brick exterior, slate roof, and copper gutter system for free many years of low maintenance living. The lush grounds, adorned with mature trees, outdoor lighting, peonies, hydrangeas, and tulips, create vibrant seasonal beauty. Multiple outdoor patios with elegant trellises promote seamless indoor-outdoor flow, enhanced by a tranquil pond with fountain, and a charming gazebo. Sale includes the adjacent to the property with wonderful amenities including a private pickleball court & sport court, a versatile greenhouse ideal for gardening or recreation, and open space perfect for future pool or garden space. This one of kind property represents a singular opportunity: a private, architecturally significant home that delivers uncompromising luxury, complete privacy, and an enviable location in the heart of Salt Lake City. Truly one of a kind - for the most discerning buyer. Price includes 2 parcels (16-33-128-064 and 16-33-128-063). 2024 Taxes for the additional parcel were approx. $1798
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THE NEIGHBORHOOD

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1489 E MILLCREEK WAY, Salt Lake City, UT 84106

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LOCAL MARKET CONTEXT

Salt Lake County housing market

See the broader conditions surrounding this property through ERA Brokers Consolidated research.

12-month price trend$553,785Up 3.3% vs. the previous 12 months
Months of supply3.412-month average
Days on market5712-month weighted average

Latest available data: July 2026. Research by ERA Brokers Consolidated.

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These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2010
Full baths
4
Half baths
1
Garage spaces
3
Cooling
Central Air
Heating
Forced Air,Gas: Radiant
Appliances
Trash Compactor,Dryer,Microwave,Range Hood,Refrigerator,Washer
Flooring
Carpet,Hardwood,Tile,Travertine
Utilities
Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected
Accessibility
Accessible Doors,Accessible Elevator Installed
Pool
No
Spa
No
Subdivision
MILLCREEK PARK
Zoning
Single-Family
Parcel
16-33-128-064
Elementary school
William Penn
Middle school
Evergreen
High school
Olympus
Annual property tax
$19,942.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$13,140.67
Estimated monthly rent$20,416.67
Cap rate3.47%

Annual operating income: $169,938.03

HOA: No HOA cost is included because the listing source does not report one. Confirm whether HOA dues apply before relying on this estimate.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

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  2. Make a strong first impression.

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  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

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Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #2158268 · Utah Real Estate MLS

Listing brokerage: Summit Sotheby's International Realty
Listing agent: Whitney Averett Fautin

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.