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2396 E RED KNOB WAY photo 11 / 80
Single Family

$15,900,000

2396 E RED KNOB WAY, Heber City, UT 84032

Type

SFR

List Price

$15.90M

Price/Sqft

$1583

Est Gross Yield

0.4%

$64,932/yr est.

Property Details

Property typeSingle Family
Year built2026
Total units1
Living area10,045 sqft
Bedrooms6
Bathrooms9
Lot size3.87 acres
Parking9 spaces
Days on market0
Listed2026-07-16T00:00:00+00:00

Description

Introducing the most significant private estate ever offered in Red Ledges. This extraordinary $15.9 million legacy residence presents a once-in-a-generation opportunity to own what is widely considered the community's premier homesite. Personally selected by one of the founders and owners of Red Ledges before the community was established, this remarkable 3.78-acre estate commands breathtaking 360-degree views of Deer Valley Resort, the Uinta Mountains, Mt. Timpanogos, Deer Creek Reservoir, and multiple fairways of the Jack Nicklaus Signature Golf Course. Ideally located near the heart of the community, the estate offers convenient access to the Clubhouse, golf, dining, fitness center, pools, tennis, pickleball, and the full collection of Red Ledges amenities while maintaining exceptional privacy. More than a home, it is the original vision of Red Ledges--a private mountain sanctuary that celebrates extraordinary scenery and an unparalleled lifestyle. Given today's development standards, available homesites, and construction timelines, a property of this scale, location, and significance simply cannot be duplicated. Designed by Kevin Price Designs with interiors by Alder & Tweed and furnishings curated by Kelly Posaki Design, every detail reflects timeless craftsmanship and refined luxury. Highlights include a dramatic floating white oak staircase, retractable walls of glass, a stunning 21-foot double-sided fireplace, handcrafted cabinetry, custom Hammerton lighting, radiant heated floors, and more than 5,400 square feet of covered outdoor living. The residence features six luxurious bedroom suites, dual private libraries, a walnut executive office, gourmet and catering kitchens, expansive gathering spaces, and the flexibility to create future amenities such as a golf simulator, wine cellar, wellness studio, or private cinema. This is more than an extraordinary home--it is one of the finest legacy estates in the Wasatch Back and a truly irreplaceable opportunity.

Listed by Christine Paramore Fielding · Christie's International Real Estate VUE

Location

2396 E RED KNOB WAY, Heber City, UT 84032

Proforma

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Cap Rate

0.27%

Cash-on-Cash

-11.75%

Cash Flow

-$58,365/mo

Purchase Price$15,900,000
Down Payment35% ($5,565,000)
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 7/16/2026, 9:33:49 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.