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319 JUNGFRAU RD, Midway, UT 84049
319 JUNGFRAU RD, Midway, UT 84049
Type
SFR
List Price
$979,000
Price/Sqft
$443
Est Gross Yield
2.4%
$23,760/yr est.
Some homes are renovated. This one was reimagined - down to the studs - by an owner chasing a final dream property, resulting in a move-in-ready, fully modernized mountain home with a genuinely rare opportunity built in. Two features set it apart in Interlaken: rough plans to connect the home to the garage for a 3,500+ sq ft dream estate, and an oversized 3-car RV garage - a true rarity here. For a buyer with vision, this isn't just a finished home; it's a development platform. The expansion means building your own dream addition without buying raw land or starting permits from scratch, while the RV garage offers both a lifestyle asset and income potential from RV/boat storage - in real demand in Interlaken. Life had other plans for the current owner (a wedding and an out-of-state relocation), leaving that vision - and this opportunity - for the next buyer to run with. Between 2023 and 2026, the home was rebuilt with all-new electrical, plumbing, a relocated staircase, and structural reinforcement including a steel I-beam to open the kitchen. The primary suite was created by combining two bedrooms and a bath, with a new half bath added upstairs and a wet bar finished downstairs. New LVP flooring, quartz countertops, a tiled fireplace, all-new appliances, fresh insulation, and full re-sheetrock and paint round out the interior. Even the furnace is new. 2025 brought a metal roof and new AC; 2026 delivered a completed garage, 7-zone irrigation landscaping, retaining walls, a stone staircase, and a rebuilt deck. The result: 2 bed, 2.5 bath, 847 SF main, 801 SF finished basement, plus a 564 SF bonus loft above the garage - ready to finish as a kitchenette-and-bath ADU or roll into the larger expansion. A nearly-new home with the heavy lifting done, and a real path to make it even more.
Listed by Parker J Whitney · Watts Group Real Estate
319 JUNGFRAU RD, Midway, UT 84049
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Cap Rate
1.61%
Cash-on-Cash
-8.17%
Cash Flow
-$2,499/mo
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