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348 S ELK RIDGE DR, Elk Ridge, UT — photo 11 / 55
Single Family

$720,000

348 S ELK RIDGE DR, Elk Ridge, UT 84651

Type

SFR

List Price

$720,000

Price/Sqft

$187

Est Gross Yield

3.8%

$27,660/yr est.

Property Details

Property typeSingle Family
Year built1995
Total units1
Living area3,856 sqft
Bedrooms6
Bathrooms4
Lot size0.39 acres
Parking2 spaces
Days on market1
Listed2026-09-30T00:00:00+00:00

Description

Welcome home to this beautiful Elk Ridge rambler! Seller is offering $15,000 toward Buyer's closing costs or rate buy down with acceptable offer! Come for the views, stay for everything this home has to offer. Set against the beautiful mountain backdrop of Elk Ridge, this well-cared-for home offers approximately 3,700 square feet with a versatile floor plan, mature landscaping, and the kind of setting that makes living in South Utah County so desirable. The main level features a spacious kitchen and dining area, comfortable gathering spaces, multiple bedrooms, an office/flex room, and convenient main-level laundry. Downstairs, you'll find even more room to spread out with a large family/recreation room, additional bedrooms, a kitchenette, and plenty of storage-creating options for entertaining, guests, hobbies, or multi-generational living. Outside is where this property really shines. Beautifully maintained landscaping, mature trees, established gardens and outdoor living areas create a private, peaceful feel that's increasingly hard to find. Enjoy evenings on the deck surrounded by greenery, while the elevated Elk Ridge location delivers impressive mountain and valley views-including spectacular sunsets over Utah Valley. Space, scenery, and a great Elk Ridge location-all in a home that's been thoughtfully cared for and is ready for its next chapter.

Listed by Justin Hutchins · Legacy Group Real Estate PLLC

Location

348 S ELK RIDGE DR, Elk Ridge, UT 84651

Proforma

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Cap Rate

2.55%

Cash-on-Cash

-5.66%

Cash Flow

-$1,273/mo

Purchase Price$720,000
Down Payment35% ($252,000)
Interest Rate6.00%
Monthly Rent$2,305/mo
Vacancy5%
Expense Ratio30% ($7,883)

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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 10/1/2026, 7:14:42 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.