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11042 E WILD ELK MDW photo 11 / 80
Single Family

$11,750,000

11042 E WILD ELK MDW, Heber City, UT 84032

Type

SFR

List Price

$11.75M

Price/Sqft

$3631

Est Gross Yield

0.6%

$64,932/yr est.

Property Details

Property typeSingle Family
Year built2020
Total units1
Living area3,236 sqft
Bedrooms4
Bathrooms5
Lot size160 acres
Parking20 spaces
Days on market1
Listed2026-07-01T00:00:00+00:00

Description

Welcome to Aspenrise. A secluded mountain sanctuary where architectural excellence meets the raw elegance of the high alpine landscape. Tucked within a gated forest enclave, Aspenrise is surrounded by whispering groves of aspen trees, offering rare privacy that feels both serene and accessible. Conceived by the award-winning Pearson Design Group (Bozeman, MT) and meticulously built by Magleby Construction in 2020, this extraordinary estate currently includes a finely crafted guest cabin and a fully appointed barn, together offering four bedrooms and four and a half bathrooms across both structures. Aspenrise is thoughtfully positioned on land that allows for up to three distinct structures: a main residence, a guest home, and a barn. With the guest home and barn already completed to an exceptional standard, a future owner has the opportunity to design and build a legacy main home, completing the vision for a fully realized mountain compound. Inside, every detail speaks the quiet, confident language of authenticity. Hand-selected reclaimed wood, locally sourced stonework, and period-accurate fixtures give each space depth and character. The great room offers soaring beams and panoramic alpine views. The kitchen and bathrooms are timeless in their materiality and execution. The barn, equal parts functional and refined, offers flexible space for hosting, working, or unwinding in style. Wolf Creek Ranch offers an unmatched lifestyle - a private, gated sanctuary with 60 miles of scenic trails for hiking, horseback riding, fishing, and winter adventures. Do not just dream about mountain living - experience it.

Listed by Katy Patterson · Berkshire Hathaway HomeServices Utah Properties (Saddleview)

Location

11042 E WILD ELK MDW, Heber City, UT 84032

Proforma

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Cap Rate

0.37%

Cash-on-Cash

-11.49%

Cash Flow

-$42,192/mo

Purchase Price$11,750,000
Down Payment35% ($4,112,500)
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 7/2/2026, 12:17:14 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.