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605 N LOAFER CANYON RD photo 11 / 53
Single FamilyADU

$774,900

605 N LOAFER CANYON RD, Elk Ridge, UT 84651

Type

SFR

List Price

$774,900

Price/Sqft

$188

Est Gross Yield

3.6%

$27,660/yr est.

Property Details

Property typeSingle Family
Year built1996
Total units1
Living area4,123 sqft
Bedrooms7
Bathrooms4
Lot size0.77 acres
Parking8 spaces
Days on market154
Listed2026-03-04T00:00:00+00:00

Description

This home features log wood siding that delivers the authentic rustic look of a mountain cabin while offering improved durability and energy efficiency. The exterior was professionally sanded, stained, and sealed in September 2024, helping protect it from the elements for years to come. Inside, you'll find flexible living space including a loft/room above the garage that can be used as a rec room, additional bedroom, office, or hobby space. The home also features new carpet in the primary bedroom and the large upstairs bedroom, along with abundant storage throughout. Major system updates, including a roof that's only 6 years old, HVAC installed in 2023, and a new water softener. The walkout basement ADU offers incredible versatility with a full kitchen, three bedrooms, and a bathroom-perfect for guests, extended family, or potential rental income. Situated on over of an acre, the property offers plenty of parking and room for your toys, trailers, and/or horses. With Residential Livestock zoning, you have the flexibility to enjoy a true country lifestyle while still being close to town. If you've been dreaming of rustic charm, flexible living space, and room to breathe, this Elk Ridge property is a must-see. Check out the 3D Tour and schedule your visit today!

Listed by Rylar Masco · Utah Key Real Estate, LLC

Location

605 N LOAFER CANYON RD, Elk Ridge, UT 84651

Proforma

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Cap Rate

2.37%

Cash-on-Cash

-6.14%

Cash Flow

-$1,487/mo

Purchase Price$774,900
Down Payment35% ($271,215)
Interest Rate6.00%
Monthly Rent$2,305/mo
Vacancy5%
Expense Ratio30% ($7,883)

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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 8/5/2026, 11:09:43 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.