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615 E CHERRY CANYON DR, Wanship, UT — photo 11 / 41
Single Family

$990,000

615 E CHERRY CANYON DR, Wanship, UT 84017

Type

SFR

List Price

$990,000

Price/Sqft

$225

Est Gross Yield

2.8%

$27,360/yr est.

Property Details

Property typeSingle Family
Year built1999
Total units1
Living area4,406 sqft
Bedrooms7
Bathrooms4
Lot size2.82 acres
Parking3 spaces
Days on market1
Listed2026-11-03T00:00:00+00:00

Description

Set on 2.82 acres in Cherry Canyon, The Farmhouse is a property defined by its land and the freedom that comes with it. All day sun, mountain views, usable acreage, and adjoining access to miles of hiking, biking, and equestrian trails create the space for horses, animals, gardens, toys, and a lifestyle built around being outside. The property also offers the ability to add another structure, creating even more flexibility in how the land can be used. The home offers six bedrooms with a main-level primary suite, multiple living areas, a walkout lower level, radiant heat, and an oversized three-car garage. The property appraised for $1,345,000 in June 2025. There is plenty of room to spread out, both inside and out, with the opportunity to update the interiors over time and make the home your own. For equestrian buyers, nearby boarding and guided trail rides offer added convenience without having to keep horses on the property. Surrounded by the open landscape of Cherry Canyon, there is a sense of privacy here while still keeping Park City, 20 minutes away, and the greater Wasatch Back within easy reach for everyday needs. For the buyer looking for more land, more privacy, and more freedom in how they use their property, The Farmhouse offers the space to do it.

Listed by Alyson Dudek · Christie's International Real Estate VUE

Location

615 E CHERRY CANYON DR, Wanship, UT 84017

Proforma

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Cap Rate

1.84%

Cash-on-Cash

-7.57%

Cash Flow

-$2,342/mo

Purchase Price$990,000
Down Payment35% ($346,500)
Interest Rate6.00%
Monthly Rent$2,280/mo
Vacancy5%
Expense Ratio30% ($7,798)

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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 11/4/2026, 6:47:36 PM. 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.