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7296 N RIDGE RD photo 11 / 54
Single Family

$785,000

7296 N RIDGE RD, Lake Point, UT 84074

Type

SFR

List Price

$785,000

Price/Sqft

$212

Est Gross Yield

3.5%

$27,684/yr est.

Property Details

Property typeSingle Family
Year built2007
Total units1
Living area3,703 sqft
Bedrooms5
Bathrooms5
Lot size1 acres
Parking9 spaces
Days on market5
Listed2026-07-24T00:00:00+00:00

Description

Experience luxury country living in this immaculate home that shows better than new, perfectly situated on a spacious 1-acre corner lot with breathtaking mountain, valley, and lake views. From the beautifully landscaped front yard and inviting entryway to the thoughtfully designed interior, every detail has been carefully crafted to create a warm and welcoming atmosphere. This versatile property offers endless possibilities, whether you envision keeping horses or other animals, building a shop, barn, detached garage, swimming pool, or creating the ultimate outdoor recreation space. An additional gravel driveway provides convenient side and rear access, while direct access from the property allows you to enjoy UTV, ATV, horseback, and biking trails right from your backyard. The oversized 3-car garage, RV parking, and extensive parking space make it easy to accommodate all your vehicles and outdoor toys. The professionally landscaped yard features automatic sprinklers with a drip irrigation system, a charming chicken coop, and plenty of room to relax or entertain while enjoying spectacular sunsets from the patio. Inside, the open-concept floor plan is designed for both everyday living and entertaining. The spacious great room centers around a cozy fireplace and flows seamlessly into the gourmet kitchen, complete with granite countertops, abundant cabinetry, and generous workspace for those who love to cook. The main level also features a dedicated office, three bedrooms, and a luxurious primary suite with its own fireplace, French doors leading to the patio, and a spa-inspired ensuite bathroom. Beautiful hardwood flooring, tile, and plush carpet add warmth and elegance throughout. The basement expands the living space with an additional office, a large family room currently used as a home gym, two additional bedrooms, abundant storage, and a convenient cold storage room. A valuable water share is included with the sale.

Listed by Monserrat Rodriguez Pelayo · Chamberlain & Company Realty

Location

7296 N RIDGE RD, Lake Point, UT 84074

Proforma

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Cap Rate

2.35%

Cash-on-Cash

-6.22%

Cash Flow

-$1,525/mo

Purchase Price$785,000
Down Payment35% ($274,750)
Interest Rate6.00%
Monthly Rent$2,307/mo
Vacancy5%
Expense Ratio30% ($7,890)

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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, 8:09:03 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.