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8271 N IRON HORSE DR, Lake Point, UT 84074
$745,000
8271 N IRON HORSE DR, Lake Point, UT 84074
Type
SFR
List Price
$745,000
Price/Sqft
$177
Est Gross Yield
3.7%
$27,684/yr est.
Property Details
Description
SELLER WILL CONTRIBUTE $15k TOWARD BUYER INCENTIVE. USE FOR CLOSING COSTS AND/OR RATE BUYDOWN! Fully separate 3 bedroom walk-out basement apartment! Enjoy incredible mountain and Great Salt Lake views from this beautiful home in Lake Point's desirable Pastures of Saddleback community. Just 2 minutes from I-80, you'll love the peaceful setting surrounded by hiking and equestrian trails while remaining close to Salt Lake City. Inside, panoramic windows fill the home with natural light. The open floor plan features a spacious kitchen with granite countertops, shaker cabinets, stainless steel appliances, gas range, large pantry, and mudroom. The main-level primary suite includes a separate tub and shower and an oversized walk-in closet. The fully finished walk-out basement offers a completely separate apartment with 3 bedrooms, private laundry, granite countertops, and its own patio, making it perfect for multi-generational living or rental income. Additional features include dual furnaces, beautiful landscaping, an oversized 3-car garage with epoxy floors and workbench, and a huge RV pad with room for all your toys. Only 20 minutes to Salt Lake City International Airport and 25 minutes to downtown Salt Lake City.
Listed by Rebecca Hudson · Presidio Real Estate (River Heights)
Location
8271 N IRON HORSE DR, Lake Point, UT 84074
Proforma
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Cap Rate
2.47%
Cash-on-Cash
-5.88%
Cash Flow
-$1,369/mo
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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 9/23/2026, 7:11:23 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.