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500 N PROBST WAY, Midway, UT 84049
$1,999,999
Reduced from $2,100,000 · today
500 N PROBST WAY, Midway, UT 84049
Type
SFR
List Price
$2.00M
Price/Sqft
$406
Est Gross Yield
3.1%
$62,700/yr est.
Property Details
Description
Luxury mountain living awaits in this exceptional Midway home, tucked away on a quiet cul-de-sac with stunning views and a premier location backing to the Homestead Golf Course and open space. Thoughtfully designed for everyday living and entertaining, the home features a beautiful kitchen, soaring vaulted ceilings, rich slate flooring, and expansive windows that fill the home with natural light. The mature landscaping creates a private backyard retreat, while the oversized three-car garage includes a versatile bonus room above, perfect for a guest suite, office, or studio. An incredible bonus is the adjacent 1.37-acre lot, also available for purchase. Together, the properties create a rare opportunity to build a barn or detached garage with living space, keep horses or other animals, enjoy the existing orchard and garden area, and create a private estate with access from both Probst Way and Pine Canyon Road. Just minutes from downtown Midway, world-class golf, skiing, fly fishing, hiking, and boating, this is a unique opportunity to enjoy the very best of Heber Valley living. Buyer to verify all information. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement.
Listed by Genene Miles · Davis Coleman Realty
Location
500 N PROBST WAY, Midway, UT 84049
Proforma
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Cap Rate
2.08%
Cash-on-Cash
-6.91%
Cash Flow
-$4,320/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 7/29/2026, 11:11:21 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.