ActiveResidential · sale

299 E OAK FOREST RD

Salt Lake City, UT 84103

$7,500,000

  • 5 beds
  • 5 baths
  • 6,903 sq ft
  • 3.36 acres
  • Built 2023

Listed by Summit Sotheby's International Realty · MLS #2158805

A FEW THINGS TO NOTICE

What stands out.

Additional spaces

Enhancing the property's flexibility is a three-level accessory dwelling unit, complete with a workout room, full kitchenette, bedroom, and 3/4 bathroom-perfect for guests, extended family, or private living quarters.

Living spaces

The formal dining room and inviting family room each showcase gas fireplaces with intricate mantels, creating warm yet sophisticated gathering spaces.

Details worth a look

Enjoy breathtaking views, a private swimming pool with patio and an additional patio overlooking the valley, featuring a fully enclosed glass atrium, an idyllic setting for outdoor dining.

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

THE PROPERTY

Get to know the property.

Nestled within the prestigious, gated North Cove community - complete with 24/7 security - this exceptional estate offers refined luxury living on 3.36 acres of beautifully landscaped grounds. Enjoy breathtaking views, a private swimming pool with patio and an additional patio overlooking the valley, featuring a fully enclosed glass atrium, an idyllic setting for outdoor dining. Heated driveway ensures effortless access in every season and leads to a spacious, attached two car garage. Inside, the home reveals a stunning, thoughtfully curated interior. A grand entry makes a striking first impression with hand painted mural wallpaper and a sweeping staircase that sets an elegant tone throughout. The formal dining room and inviting family room each showcase gas fireplaces with intricate mantels, creating warm yet sophisticated gathering spaces. The custom, gourmet eat in kitchen is a chef's dream, appointed with a L'Atelier Paris gas range, generous prep space, and a charming dining nook featuring custom walnut-stained table and bench. A well-equipped butler's pantry offers a La Cornue range, Jennair microwave, custom cabinets for additional storage and an open pantry space. The main level is completed by a cozy den, powder bath, and functional mudroom. Upstairs, the luxurious primary suite captures sweeping Wasatch Mountain views and features vaulted ceilings, a private patio, gas fireplace, spacious walk-in closet, and an expansive en-suite bath with dual vanities, an oversized shower, and a soaking tub. Three additional bedrooms - including one en-suite with captivating views, a full bathroom, and a large laundry room with built-in-cabinetry and ample counter space complete the upper level. Designed for both entertaining and versatility, the lower level includes a home theater with bar seating, a guest bathroom, and an impressive 1,000 square foot custom closet with built-ins and tailored cabinetry. A bonus room offers ideal space for a game room or home office. Enhancing the property's flexibility is a three-level accessory dwelling unit, complete with a workout room, full kitchenette, bedroom, and 3/4 bathroom-perfect for guests, extended family, or private living quarters. All information herein is deemed reliable but is not guaranteed. Buyer is responsible to verify all listing information, including square feet/acreage, to buyer's own satisfaction.

THE NEIGHBORHOOD

Explore the location.

299 E OAK FOREST RD, Salt Lake City, UT 84103

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
2023
Full baths
2
Half baths
2
Garage spaces
2
Cooling
Central Air
Heating
Forced Air
Appliances
Gas Grill/BBQ,Microwave,Range Hood,Refrigerator,Water Softener Owned
Flooring
Carpet,Hardwood,Marble,Tile
Utilities
Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected
Pool
Yes
Pool features
Gunite,Heated,In Ground,Electronic Cover
Spa
No
Subdivision
NORTH COVE ESTATES
Zoning
Single-Family
Parcel
09-19-300-009
HOA amenities
Controlled Access,Gated,On Site Security,Pets Permitted,Security,Snow Removal
HOA fee frequency
Quarterly
Elementary school
Washington
Middle school
Bryant
High school
West
Annual property tax
$24,579.00
HOA fee
$1,945.00

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$19,907.59
Estimated monthly rent$31,250.00
Cap rate3.44%

Annual operating income: $257,641.04

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 & 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.

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.

299 E OAK FOREST RD, Salt Lake City, UT 84103 · MLS #2158805

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 Salt Lake City.

Listing information

MLS #2158805 · Utah Real Estate MLS

Listing brokerage: Summit Sotheby's International Realty
Listing agent: Dorthy Androulidakis

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.