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1475 E MILITARY N WAY photo 11 / 34
Single Family

$2,000,000

1475 E MILITARY N WAY, Salt Lake City, UT 84103

Type

SFR

List Price

$2.00M

Price/Sqft

$432

Est Gross Yield

1.4%

$28,368/yr est.

Property Details

Property typeSingle Family
Year built1956
Total units1
Living area4,629 sqft
Bedrooms3
Bathrooms5
Lot size0.36 acres
Parking2 spaces
Days on market0
Listed2026-06-19T00:00:00+00:00

Description

Over 4000 square feet of exceptional main level living in the prestigious Federal Heights neighborhood. A grand entry welcomes you with a dramatic chandelier framed by skylights, vaulted ceilings and elegant marble flooring, creating a memorable first impression. The expansive living room features hardwood floors, a gas fireplace, a wet bar, and French doors that open to a beautiful sandstone terrace. Adjacent to the living room, the formal dining room offers generous space for entertaining, with a fireplace serving as its focal point. The eat in kitchen is equipped with professional grade appliances including a Thermador gas range, double ovens, a warming drawer, ice machine and Sub-Zero refrigerator. Abundant cabinetry, custom shelving, generous storage and marble countertops provide both functionality and style. A Juliet balcony off the breakfast nook offers the perfect palace to enjoy your morning coffee. A richly appointed office or family room features custom built-ins and warm wood cabinetry, creating a comfortable space for relaxing or working from home. The primary suite serves as a private retreat, complete with its own fireplace and a separate sitting area ideal for a reading room or exercise space, with a skylight that fills the room with natural light. The marble clad bathroom features a soaking tub, separate shower, double vanities and direct access to the private courtyard. Two walk-in closets, and an additional half bath complete the suite. The main level also includes an additional bedroom suite with a full bath and French doors opening to the courtyard along with a powder room and laundry room. The lower level offers a private bedroom suite with a three-quarter bath, abundant storage space and access to the attached two car garage. Situated on a beautifully landscaped .36-acre lot, the outdoor living spaces are designed for entertaining. and relaxation. A sandstone patio with multiple gathering areas, a charming gazebo, a relaxing fountain, winding pathways through mature gardens creating a private oasis in the heart of Federal Heights. Just a five-minute walk to the University of Utah, a short drive to downtown Salt Lake City and less than 30 minutes to the Salt Lake International Airport and world class ski resorts, this location offers exceptional convenience. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement.

Listed by Karma Ramsey · The Group Real Estate, LLC

Location

1475 E MILITARY N WAY, Salt Lake City, UT 84103

Proforma

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Cap Rate

0.94%

Cash-on-Cash

-9.96%

Cash Flow

-$6,222/mo

Purchase Price$2,000,000
Down Payment35% ($700,000)
Interest Rate6.00%
Monthly Rent$2,364/mo
Vacancy5%
Expense Ratio30% ($8,085)

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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, 9:40:43 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.