ActiveResidential · sale

740 S SPRUCE DR

Garden City, UT 84028

$2,195,000

  • 9 beds
  • 6 baths
  • 9,140 sq ft
  • 0.35 acres
  • Built 2007

Listed by Realtypath LLC · MLS #2168917

A FEW THINGS TO NOTICE

What stands out.

Living spaces

The main family room floors were framed 12 inches ,on center, for exceptional strength and rigidity.

Year built

Built in 2007.

Garage parking

6 garage spaces listed.

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

THE PROPERTY

Get to know the property.

This is one of the best investment properties we've ever owned. It has generated outstanding nightly rental income while giving our family an incredible place to create memories whenever it isn't occupied. We just put another property under contract, so we have aggressively cut the price by $300,000. It's truly a kid's dream come to life and a home that continually impresses family, friends, and clients alike. Offered fully furnished, this extraordinary 9 bedroom, 6 bathroom home comfortably sleeps up to 46 guests and is approved for nightly rentals, making it a rare opportunity to own a luxury mountain retreat with exceptional income potential. Luxury Living & Comfort Designed for large gatherings, the home offers spacious living areas, gas fireplaces, and four Trex decks with breathtaking unobstructed views, even from the basement. Every level has its own furnace, air conditioning system, and smart thermostat, allowing independent climate control throughout the home. The entire structure is enveloped with urethane foam and BIB insulation, including between every floor joist, creating exceptional energy efficiency, sound reduction, and year round comfort. Tinted windows further enhance efficiency and comfort. The gourmet kitchen was built to accommodate large groups with granite countertops, stainless steel appliances, an adjoining bistro dining area that seats approximately 38 guests, two sinks, two dishwashers, two ovens, two ranges, two microwaves, and one oversized refrigerator. Just outside is a large propane grill connected directly to the home's propane system, making outdoor cooking simple and convenient. Indoor Playground & Entertainment The indoor playground is truly one of a kind. It features a buried trampoline, basketball court, putting green, slide, swing, playhouse, and fully padded walls from floor to ceiling, creating an incredible space for children to safely play year round. Beyond the playground, the home also includes a theater room, air hockey, ping pong, and custom slides connecting every level of the home, making it an unforgettable destination for guests of all ages. An outdoor playground provides even more space for family fun. Exceptional Engineering & Construction This home was engineered and built to a standard rarely found in residential construction. The suspended 6 car garage spans more than 50 feet with no vertical supports, creating the enormous unobstructed indoor playground below. Originally designed with support columns, the owners invested in a custom engineered structural system designed and built by a parking structure company to eliminate the need for supports and maximize the usable space. The main family room floors were framed 12 inches ,on center, for exceptional strength and rigidity. The home is supported by massive 6 foot wide footings with double mat reinforced foundation walls and was engineered with seismic resilience in mind. Premium Systems & Infrastructure Additional features include five washers and dryers for efficient guest turnovers, lockout owner closets in nearly every bedroom, an on demand water heater, water softener, ManaBloc manifold plumbing system, a 1,000 gallon buried propane tank, drinking fountain, and robust 400 amp electrical service. This is far more than a vacation home. It is a thoughtfully designed custom estate that combines luxury, engineering, entertainment, and proven income potential in a way that is extraordinarily difficult to duplicate.

THE NEIGHBORHOOD

Explore the location.

740 S SPRUCE DR, Garden City, UT 84028

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2007
Full baths
6
Garage spaces
6
Cooling
Central Air
Heating
Forced Air,Gas: Central
Appliances
Ceiling Fan,Dryer,Freezer,Gas Grill/BBQ,Microwave,Range Hood,Refrigerator,Satellite Equipment,Satellite Dish,Washer,Water Softener Owned
Flooring
Carpet,Tile,Concrete
Utilities
Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected
Pool
No
Spa
No
Subdivision
BUTTERCUP ESTATES
Zoning
Single-Family, Short Term Rental Allowed
Parcel
41-29-010-0012
Elementary school
North Rich
Middle school
Rich
High school
Rich
Annual property tax
$6,257.00

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
Estimated monthly rent$9,145.83
Cap rate

Annual operating income:

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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 & interestLoan 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.

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740 S SPRUCE DR, Garden City, UT 84028 · MLS #2168917

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Listing information

MLS #2168917 · Utah Real Estate MLS

Listing brokerage: Realtypath LLC
Listing agent: Tyson K. Holbrook

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.