ActiveResidential · sale

1568 E FAIRWAY RIDGE RD

Draper, UT 84020

$820,000

  • 3 beds
  • 3 baths
  • 3,621 sq ft
  • 0.04 acres
  • Built 2003

Listed by Windermere Real Estate · MLS #2167810

1568 E FAIRWAY RIDGE RD, Draper, UT 84020 — photo 1 View full photo
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A FEW THINGS TO NOTICE

What stands out.

Living spaces

The kitchen and family room open to a beautiful, covered deck, perfect for taking in the views and entertaining guests.

Details worth a look

Step outside to the covered patio and fully fenced yard space, providing an outdoor retreat.

Year built

Built in 2003.

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

THE PROPERTY

Get to know the property.

Nestled on a quiet street in the heart of a highly sought-after gated Draper community, this exceptional luxury townhome offers breathtaking valley views, stunning mountain vistas, and unforgettable sunsets. Enjoy the ease of maintenance-free living with access to a community clubhouse and pool, all while being surrounded by walking and biking trails, and the Seller is willing to pay the HOA dues through the end of the year. Boasting approximately 3,600 square feet, this beautifully maintained home has been completely repainted and features new carpet throughout. The thoughtfully designed floor plan offers a spacious primary suite, an additional full bath, and an elegant front room ideal for a home office or formal sitting area on the main floor. Soaring 10-foot ceilings on both levels create an open, airy feel throughout the home. The kitchen and family room open to a beautiful, covered deck, perfect for taking in the views and entertaining guests. Downstairs, the fully finished walkout basement offers two large bedrooms, a full bath, a spacious family room, and an additional finished flex room ideal for a home gym, craft room, or extensive storage. Step outside to the covered patio and fully fenced yard space, providing an outdoor retreat. All appliances are included, and major mechanical updates provide peace of mind, including a new water heater, furnace, air conditioner, steam humidifier, refrigerator, washer, and dryer-all replaced in 2023 and 2024. Conveniently located just minutes from freeway access, shopping, dining, and everyday amenities, this move-in-ready home combines luxury, comfort, and convenience in one of Draper's most desirable communities. Easy to show. Call for your appointment. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.
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THE NEIGHBORHOOD

Explore the location.

1568 E FAIRWAY RIDGE RD, Draper, UT 84020

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2003
Full baths
3
Garage spaces
2
Cooling
Central Air
Heating
Forced Air,Gas: Central
Appliances
Ceiling Fan,Dryer,Microwave,Refrigerator,Washer
Flooring
Carpet,Hardwood,Travertine
Utilities
Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected
Pool
Yes
Pool features
Gunite,Fenced,Heated,In Ground
Spa
No
Subdivision
COTTAGES
Zoning
Single-Family
Parcel
34-04-329-007
HOA amenities
Clubhouse,Gated,Maintenance,Pets Permitted,Pool,Sewer Paid,Snow Removal,Trash,Water
HOA fee frequency
Monthly
Elementary school
Oak Hollow
Middle school
Draper Park
High school
Corner Canyon
Annual property tax
$3,475.00
HOA fee
$450.00

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$1,738.25
Estimated monthly rent$3,416.67
Cap rate2.79%

Annual operating income: $22,909.03

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.

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1568 E FAIRWAY RIDGE RD, Draper, UT 84020 · MLS #2167810

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Listing information

MLS #2167810 · Utah Real Estate MLS

Listing brokerage: Windermere Real Estate
Listing agent: Lisa Jungemann

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.