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35 E SPINNAKER POINT DR photo 11 / 50

$995,000

35 E SPINNAKER POINT DR, Garden City, UT 84028

Type

Townhouse

List Price

$995,000

Price/Sqft

$459

Est Gross Yield

7.9%

$78,228/yr est.

Property Details

Property typeTownhouse
Year built1984
Total units1
Living area2,169 sqft
Bedrooms4
Bathrooms3
Lot size0.13 acres
Parking1 spaces
Days on market17
Listed2026-05-26T00:00:00+00:00

Description

Rare opportunity to own an incredible beachfront townhome on the shores of beautiful Bear Lake, perfectly located within walking distance to restaurants, shake shops, stores, and Bear Lake State Park Marina. This spacious retreat features four bedrooms, three bathrooms, and comfortably sleeps up to 18 guests, making it ideal for gatherings, vacations, or investment use. The bright and open kitchen, dining, and living areas are designed to maximize the stunning lake views, while two levels of decks provide the perfect setting for relaxing, entertaining, and enjoying the breathtaking scenery. Spend warm summer evenings grilling outdoors, gathering around the firepit, or watching the kids play on the expansive 2/3-acre lawn complete with a playset. The property also includes access to a private beach and an 80-foot dock shared with only five other properties, offering exceptional lakefront enjoyment for boating, swimming, and paddleboarding. Nightly rentals are allowed, creating an outstanding opportunity for both personal enjoyment and rental income potential.

Listed by Gary C. McKee · Bear Lake Realty Inc

Location

35 E SPINNAKER POINT DR, Garden City, UT 84028

Proforma

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Cap Rate

5.23%

Cash-on-Cash

1.47%

Cash Flow

$458/mo

Purchase Price$995,000
Down Payment35% ($348,250)
Interest Rate6.00%
Monthly Rent$6,519/mo
Vacancy5%
Expense Ratio30% ($22,295)

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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 6/12/2026, 5:33:19 AM. 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.