Back to listings
641 W 500 S photo 11 / 52
Single Family

$2,299,000

641 W 500 S, Midway, UT 84049

Type

SFR

List Price

$2.30M

Price/Sqft

$424

Est Gross Yield

2.7%

$62,700/yr est.

Property Details

Property typeSingle Family
Year built2017
Total units1
Living area5,428 sqft
Bedrooms5
Bathrooms4
Lot size1.17 acres
Parking3 spaces
Days on market0
Listed2026-07-03T00:00:00+00:00

Description

Country living at its "finest"!!! The location of this custom home is in one of the most coveted areas in Utah. This location is very private, with elevated views that are "priceless". Views of Mount Timpanogos is out the back, and overlooking the 'Swiss' town of Midway out the front, and the Heber Valley towards the east. Home sits on a fully landscaped, pristine, 1.17 acre lot on the West bench of Midway. There is room for a barn, or other outbuildings, and or a possible guest-home if desired. There is NO HOA!!!!! This property is horse property, and livestock is allowed. Property is very close to Wasatch State Park with miles of trails out the front door. There's plenty of extra parking in addition to the oversized 3 car garage. Home has timber-framed back and front porches. The home has an extra large party-deck off of the kitchen to entertain guests. A cozy, but large family room is open to the kitchen, and is accented by a beautiful fireplace and extra tall windows overlooking the Heber Valley, and down toward Deer Creek Reservoir. The kitchen is a custom gourmet kitchen with stunning cabinetry, quartz counter-tops, double-oven, extra large stainless refrigerator, and oversized granite island. All main level interior doors are oversized. Home has a custom cathedral ceiling in the family room. A bonus/activity room upstairs with potential for a bunkroom. Many many extras to mention about this home & property. Every inch of the home is custom, and was built by an award winning custom home builder in Utah. Home was built in 2017. This property is close to Soldier Hollow golf course, and a couple of miles north of Deer Creek Reservoir. The property is minutes within 4 major ski resorts, and less than an hour from

Listed by Clint Kelson · Equity Real Estate (Prosper Group)

Location

641 W 500 S, Midway, UT 84049

Proforma

Drag sliders to explore the deal

Cap Rate

1.81%

Cash-on-Cash

-7.63%

Cash Flow

-$5,485/mo

Purchase Price$2,299,000
Down Payment35% ($804,650)
Interest Rate6.00%
Monthly Rent$5,225/mo
Vacancy5%
Expense Ratio30% ($17,870)

Quick estimates only. Switch to Detailed for full line-item control.

Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

DISCLAIMER: The information provided on this website, including property details, pricing, projections, and availability, is for informational purposes only and may change without notice. While Canovo Group, LLC strives to maintain accurate and up-to-date information, we do not guarantee its completeness or accuracy. Users should independently verify all information and property details, including availability and any leasing conditions, with the listing agent or property owner before making any decisions. Canovo Group, LLC is not responsible for any errors, omissions, or third-party content and makes no representations or warranties regarding the properties listed. Neither Canovo Group, LLC nor its affiliates are acting as your real estate agent or broker, nor do we represent or endorse any properties or parties unless expressly stated in a separate written agreement. This website is not an offer or solicitation to buy, sell, or lease any property. All transactions are the sole responsibility of the parties involved.

© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 7/3/2026, 11:42:22 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.