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3340 S TERRACE VIEW, Salt Lake City, UT 84109
3340 S TERRACE VIEW, Salt Lake City, UT 84109
Type
SFR
List Price
$1.23M
Price/Sqft
$411
Est Gross Yield
3.1%
$38,760/yr est.
Nestled in the highly sought-after Canyon Rim neighborhood, this fully renovated 4 bedroom, 3.5 bathroom home offers over 3,000 square feet of thoughtfully designed living space with exceptional flexibility and income potential. The main level features an inviting open-concept layout centered around a stunning waterfall island kitchen complete with a gas cooktop, smart appliances, designer lighting, and premium finishes throughout. A formal dining room showcases custom accent woodwork, while the cozy family room is anchored by a beautiful fireplace, creating the perfect space for both everyday living and entertaining. The spacious primary suite serves as a private retreat, featuring a luxurious spa-inspired wet room with a freestanding soaking tub, rainfall shower system, custom tile work, and a large walk-in closet with laundry hookups for added convenience. A standout feature of this property is the fully updated basement ADU with a separate entrance. Complete with two bedrooms, a full kitchen, its own laundry, and private living space, it offers excellent flexibility for multigenerational living, guests, or rental income. Previous owners successfully utilized the property as a dual-rental setup, creating a unique opportunity for owner-occupants and investors alike. Step outside to enjoy the expansive covered back porch overlooking a private backyard with mature landscaping, perfect for outdoor dining, entertaining, or simply relaxing in your own peaceful retreat. Located minutes from downtown Salt Lake City, the University of Utah, world-class recreation, and some of the area's most desirable amenities, this Canyon Rim gem combines luxury finishes, modern functionality, and exceptional versatility in one remarkable home. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.
Listed by Marcelina Ontiveros · Real Estate Essentials
3340 S TERRACE VIEW, Salt Lake City, UT 84109
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Cap Rate
2.09%
Cash-on-Cash
-6.90%
Cash Flow
-$2,665/mo
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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 6/24/2026, 9:33:17 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.