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1166 HOMESTEAD DR photo 11 / 55
Single FamilyADU Potential

$2,380,000

1166 HOMESTEAD DR, Midway, UT 84049

Type

SFR

List Price

$2.38M

Price/Sqft

$480

Est Gross Yield

2.6%

$62,700/yr est.

Property Details

Property typeSingle Family
Year built2026
Total units1
Living area4,958 sqft
Bedrooms6
Bathrooms5
Lot size0.56 acres
Parking3 spaces
Days on market0
Listed2026-06-19T00:00:00+00:00

Description

Experience rare Midway luxury in one of the area's most desirable settings. Perfectly positioned on Homestead Drive and backing directly to Snake Creek Nature Preserve, this newly built home offers privacy, views, and immediate access to Wasatch Mountain State Park, golf, fishing, trails, reservoirs, resorts, charming Main Street, and world-class skiing. The European-inspired cottage exterior feels perfectly at home in Midway, while the interior offers warm modern design with white oak details, quartzite surfaces, premium finishes, and 12' multi-slide doors opening the main living area to a spacious deck with mountain and preserve views. The kitchen blends old-world character with modern luxury, featuring premium appliances, a massive walk-in pantry, and a statement plaster-finish range hood. The thoughtful floor plan includes dual primary suites, a dedicated office, open main level, and a walkout lower level with private entrance and excellent ADU, guest, or multi-generational potential. An oversized 3-car garage provides generous space for vehicles, gear, and mountain toys. Brand new, beautifully finished, and set in a truly special location, this is a rare opportunity to own one of Midway's most compelling new homes.

Listed by Brian Lake · Lake Real Estate

Location

1166 HOMESTEAD DR, Midway, UT 84049

Proforma

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Cap Rate

1.75%

Cash-on-Cash

-7.80%

Cash Flow

-$5,800/mo

Purchase Price$2,380,000
Down Payment35% ($833,000)
Interest Rate6.00%
Monthly Rent$5,225/mo
Vacancy5%
Expense Ratio30% ($17,870)

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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 6/19/2026, 3:23:20 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.