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3246 E HORSEHEAD PEAK DR, Heber City, UT — photo 11 / 99
Single Family

$12,995,000

3246 E HORSEHEAD PEAK DR, Heber City, UT 84032

Type

SFR

List Price

$12.99M

Price/Sqft

$1328

Est Gross Yield

0.5%

$64,932/yr est.

Property Details

Property typeSingle Family
Year built2021
Total units1
Living area9,789 sqft
Bedrooms5
Bathrooms7
Lot size1.79 acres
Parking8 spaces
Days on market1
Listed2026-11-02T00:00:00+00:00

Description

This Michael Upwall designed mountain modern estate in Red Ledges, Heber City, Utah, has 5 en-suite bedrooms and 7 bathrooms in 9,789 square feet on 1.79 private acres. Four hundred tons of steel. Imported stone. Walls of glass aimed squarely at Mt. Timpanogos. Phelps Construction built it in 2021 to a commercial standard. Summer here centers on 4,000 square feet of covered outdoor living. Dinner starts in the 1,100-square-foot al fresco pavilion at the Wolf 54-inch grill, with a fire pit beside the table and a soft-serve machine for dessert. Below, a 22' x 65' saltwater pool has a classic wooden diving board, and a Bullfrog hot tub sits nearby. Three outdoor fireplaces carry the evening past dark. Days fill easily with the putting green, the ax-throwing lane, a hanging bed swing and a sculptural water feature, all set among more than 100 mature trees. Inside, the great room opens to the view under white oak floors, a concrete-and-steel fireplace and hidden in-wall sound. The kitchen is built for hosting: a Wolf 60-inch dual-fuel range, Sub-Zero refrigeration, two Cove dishwashers, a bar that seats 8 and dining for 14. A butler's pantry with a Wolf steam oven keeps the prep out of sight. The primary suite sits apart, reached by a cantilevered private hallway, with its own fireplace, a sauna, a steam shower, a soaking tub and a custom dressing closet. The walkout lower level, with 12-foot ceilings, is built for guests and family gatherings. It has three guest suites, a second family room that opens to the pool, and a state of the art gym with its own bath. Movie nights take place in a 12-seat tiered theater with a concession bar and a sound system finished to audiophile standards. Day-to-day upkeep is handled by the home's systems: a snowmelt driveway, a Generac whole-home generator, five climate zones with air purification, Control4 automation, perimeter cameras and automatic leak shutoff. An elevator and extra-wide hallways reach every level. Heated garages hold 10+ vehicles across 3,100 square feet, with EV-ready circuits, car-lift prep and a concrete-walled vault room. A screened trailer pad keeps toys out of sight. A Red Ledges golf membership is available with a deposit. The community's Jack Nicklaus Signature course and clubhouse are minutes away, as are Jordanelle Reservoir, Deer Valley East Village and Park City, Utah.

Listed by Mike Hludzinski · EXP Realty, LLC (Park City)

Location

3246 E HORSEHEAD PEAK DR, Heber City, UT 84032

Proforma

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Cap Rate

0.33%

Cash-on-Cash

-11.58%

Cash Flow

-$47,044/mo

Purchase Price$12,995,000
Down Payment35% ($4,548,250)
Interest Rate6.00%
Monthly Rent$5,411/mo
Vacancy5%
Expense Ratio30% ($18,506)

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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 11/3/2026, 8:28:31 AM. 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. Listing data provided by UtahRealEstate.com.