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5060 S MILE HIGH DR photo 11 / 70
Single Family

$2,300,000

5060 S MILE HIGH DR, Salt Lake City, UT 84124

Type

SFR

List Price

$2.30M

Price/Sqft

$252

Est Gross Yield

1.6%

$37,116/yr est.

Property Details

Property typeSingle Family
Year built1979
Total units1
Living area9,128 sqft
Bedrooms4
Bathrooms5
Lot size16.9 acres
Parking5 spaces
Days on market0
Listed2026-06-19T00:00:00+00:00

Description

On the very South end of Olympus Cove, between the sweeping 180 degree Salt Lake Valley views and the back drop of the Mount Olympus peak, resides 5060 S Mile High Drive. an extremely rare 16.9 acre estate property that has been under one ownership for many years. Atop the stunning acreage sits a custom built home consisting of just over 9000 square feet, taking in the majestic views of the entire Salt Lake Valley and offering privacy that is seldom seen in Salt Lake County. Additional land available. Must have appointment to tour the property. For further information please contact the listing agent.

Listed by Tyler B Parrish · Align Complete Real Estate Services LLC

Location

5060 S MILE HIGH DR, Salt Lake City, UT 84124

Proforma

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Cap Rate

1.07%

Cash-on-Cash

-9.61%

Cash Flow

-$6,906/mo

Purchase Price$2,300,000
Down Payment35% ($805,000)
Interest Rate6.00%
Monthly Rent$3,093/mo
Vacancy5%
Expense Ratio30% ($10,578)

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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 6/19/2026, 7:38:47 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.