ActiveResidential · sale

423 E 12TH AVE

Salt Lake City, UT 84103

$2,300,000

  • 4 beds
  • 5 baths
  • 5,413 sq ft
  • 0.23 acres
  • Built 2001

Listed by Summit Sotheby's International Realty · MLS #2181503

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PROPERTY QUESTIONS & SHOWINGS

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423 E 12TH AVE, Salt Lake City, UT 84103 · MLS #2181503

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A FEW THINGS TO NOTICE

What stands out.

Living spaces

The main level flows seamlessly into the comfortable family room, where a fireplace and expansive windows showcase the incredible views.

Details worth a look

Upstairs,the extraordinary primary suite is a true private retreat, featuring a turreted sitting area, fireplace, walk-in closet, luxurious soaking tub, steam shower, and private deck overlooking the stunning surroundings.

Year built

Built in 2001.

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

THE PROPERTY

Get to know the property.

Experience a rare opportunity to own an exceptional luxury residence in the highly desirable Capital Park community of the High Avenues. Built in 2001 and thoughtfully designed with timeless architecture, impeccable craftsmanship, and effortless livability, this spectacular home offers the perfect blend of sophistication, comfort, privacy, and breathtaking views. A welcoming front porch framed by mature landscaping leads into a dramatic two-story entry, where walnut hardwood floors and an inviting floor plan immediately set the tone. The beautifully appointed gourmet kitchen is designed for both everyday living and entertaining, featuring pristine stone countertops, warm butcher-block bar counters, a Sub-Zero refrigerator, ultra-luxury appliances, two dishwashers, a warming drawer, a spacious walk-in pantry, and a charming eat-in nook. The main level flows seamlessly into the comfortable family room, where a fireplace and expansive windows showcase the incredible views. A private office with beautiful French doors opens to a wisteria-covered pergola, creating a peaceful indoor-outdoor retreat. With an attached bath, this flexible space could easily serve as an additional main-floor ensuite bedroom. Upstairs,the extraordinary primary suite is a true private retreat, featuring a turreted sitting area, fireplace, walk-in closet, luxurious soaking tub, steam shower, and private deck overlooking the stunning surroundings. Two additional generously sized bedrooms share an adjoining bath, offering a flexible layout for family and guests. The fully finished lower level is an entertainer's dream, featuring a dedicated theater room with custom built-ins and a newer 100-inch screen, a stylish bar, wine cellar, full bath, additional bedroom, and generous storage. The oversized workroom offers exceptional flexibility. Whether used as a dedicated workshop, art studio, hobby room, gear room, or storage space-this generous room provides the kind of versatile space that is rarely found in the Avenues. The attached garage with parking for three vehicles provides secure parking with room for vehicles, recreational equipment, bikes, and additional storage, while connecting directly to a large mudroom with custom lockers and the workroom. Outside, beautifully designed patios, classic stonework, mature plantings, and professionally landscaped gardens create a private oasis overflowing with color and character. Whether enjoying alfresco dining, entertaining guests, or savoring a quiet morning coffee beneath the wisteria-covered pergola, every outdoor space feels like a retreat. This is more than a home-it is an opportunity to own a truly special residence. With breathtaking views, a luxury kitchen, an extraordinary primary suite, expansive entertaining spaces, abundant storage, a versatile oversized workroom, a three-car attachedgarage, and beautifully established grounds, this exceptional property offers an unmatched combination of luxury, functionality, and timeless appeal.

THE NEIGHBORHOOD

Explore the location.

423 E 12TH AVE, Salt Lake City, UT 84103

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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

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
2001
Full baths
3
Half baths
1
Garage spaces
3
Cooling
Central Air
Heating
Forced Air
Flooring
Carpet,Hardwood,Tile
Utilities
Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected
Pool
No
Spa
No
Subdivision
CAPITOL PARK
Zoning
Single-Family
Parcel
09-31-209-005
HOA fee frequency
Monthly
Elementary school
Ensign
Middle school
Bryant
High school
West
Annual property tax
$8,232.00
HOA fee
$77.00

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$6,175.33
Estimated monthly rent$9,583.33
Cap rate3.47%

Annual operating income: $79,853.97

HOA: Includes $77.00 per month in HOA dues, converted from the $77.00 monthly fee reported by the listing source.

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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

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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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Listing information

MLS #2181503 · Utah Real Estate MLS

Listing brokerage: Summit Sotheby's International Realty
Listing agent: Kristy Blair

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.