ActiveResidential · sale

8271 N IRON HORSE DR

Lake Point, UT 84074

$745,000

  • 6 beds
  • 4 baths
  • 4,199 sq ft
  • 0.34 acres
  • Built 2019

Listed by Presidio Real Estate (River Heights) · MLS #2168503

8271 N IRON HORSE DR, Lake Point, UT 84074 — photo 1 View full photo
1 / 56

A FEW THINGS TO NOTICE

What stands out.

Living spaces

The open floor plan features a spacious kitchen with granite countertops, shaker cabinets, stainless steel appliances, gas range, large pantry, and mudroom.

Details worth a look

The fully finished walk-out basement offers a completely separate apartment with 3 bedrooms, private laundry, granite countertops, and its own patio, making it perfect for multi-generational living or rental income.

Year built

Built in 2019.

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

THE PROPERTY

Get to know the property.

FULLY SEPARATE 3-BEDROOM WALK-OUT BASEMENT APARTMENT! Enjoy incredible mountain and Great Salt Lake views from this beautiful home in Lake Point's desirable Pastures of Saddleback community. Just 2 minutes from I-80, you'll love the peaceful setting surrounded by hiking and equestrian trails while remaining close to Salt Lake City. Inside, panoramic windows fill the home with natural light. The open floor plan features a spacious kitchen with granite countertops, shaker cabinets, stainless steel appliances, gas range, large pantry, and mudroom. The main-level primary suite includes a separate tub and shower and an oversized walk-in closet. The fully finished walk-out basement offers a completely separate apartment with 3 bedrooms, private laundry, granite countertops, and its own patio, making it perfect for multi-generational living or rental income. Additional features include dual furnaces, beautiful landscaping, an oversized 3-car garage with epoxy floors and workbench, and a huge RV pad with room for all your toys. Only 20 minutes to Salt Lake City International Airport and 25 minutes to downtown Salt Lake City.
Take a virtual tourExplore the locationMore properties in Lake Point

THE NEIGHBORHOOD

Explore the location.

8271 N IRON HORSE DR, Lake Point, UT 84074

Loading property map…

Map position comes from the listing source. Open directions in Google Maps

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2019
Full baths
2
Half baths
1
Garage spaces
3
Cooling
Central Air
Heating
Forced Air,Gas: Central
Appliances
Water Softener Owned
Flooring
Carpet,Laminate,Vinyl
Utilities
Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected
Accessibility
Accessible Doors,Accessible Hallway(s)
Pool
No
Spa
No
Subdivision
PASTURES AT SADDLEBACK
Zoning
Single-Family
Parcel
20-028-0-0712
HOA amenities
Biking Trails,Hiking Trails,Horse Trails,Picnic Area,Playground
HOA fee frequency
Quarterly
Elementary school
Old Mill
High school
Stansbury
Annual property tax
$4,809.00
HOA fee
$45.00

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$1,841.04
Estimated monthly rent$3,104.17
Cap rate3.22%

Annual operating income: $23,955.03

Have ERA review this rental estimate

Your property and current assumptions will be included for our team to review.

Adjust assumptions
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

See its potential.
Have a plan for what follows.

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.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

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

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

YOUR CAREER. YOUR NEXT CHAPTER.

Find your place in real estate.

Just getting started?

Explore real estate education and available licensing courses through ARTI Academics.

Become a real estate agent

Ready to work with ERA?

Discover the people, broker support, technology and education behind an ERA real estate career.

Join ERA Brokers

Moving for work?

Explore ERA Corporate Services for relocation assistance, employer programs, and information for veterans and military families.

Explore Corporate Services
Contact ERA about this property

Ask about this property.

8271 N IRON HORSE DR, Lake Point, UT 84074 · MLS #2168503

Your preferred tour

Times are local to the property. Your tour is not scheduled until an agent confirms.

Your purchase plans

Property inquiries go to help@erabrokers.com.

More in Lake Point.

$750,0008686 N IRON HORSE DR #407Lake Point, UT$559,9908655 N HALLORAN CT #1324Lake Point, UT$604,4432075 E BURGER ST #1248Lake Point, UT

Listing information

MLS #2168503 · Utah Real Estate MLS

Listing brokerage: Presidio Real Estate (River Heights)
Listing agent: Rebecca Hudson

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.