Step into an enchanting realm! Beautifully designed home to fit the functionality of family living at its best. This expansive 5+ acre horse property boasts an abundance of features. The breathtaking panoramic views of mountains and a serene lake inspire true wonder. With a generous horse-riding arena and separate pastures, it's the perfect haven for those craving space while still staying within an hour of Salt Lake City's amenities. The home itself is a magnificent showcase of handcrafted expertise. A two-story farmhouse, it boasts 7 bedrooms, 8 bathrooms (with most bedrooms having their own), 2 fully equipped kitchens, a spacious exercise room, ample storage, and an indoor pool with a grand glass door that seamlessly connects the indoor and outdoor spaces, offering year-round play or relaxation. Unwind in the hot tub, relish the warmth of a backyard fire, or decompress in the privacy of your back deck while savoring tranquil lake and valley views. Additionally, this listing includes animal rights and a hay barn, adding to its allure. Listing includes the 3.25 acres (parcel 30-075-0129) that the horse property sits on adjacent to the 2 acres (66-136-0001) that the home is on. The 3.25 acres includes animal rights and a hay barn. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.
Property Details
Property Features
Property Information:
Architectural Style: Stories: 2
Year Built: 2006
Stories: 3
Living Area: 10,835 SqFt
Listing Office:
Office Name: Fathom Realty (Orem)
Office Phone: (801) 899-1500
Listing Agent: Karen Reed
Interior Features
Interior Information:
Appliances: Dryer, Refrigerator, Satellite Dish, Washer, Water Softener
Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/3/2024, 7:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$6,025
$1,058,600
2019
$6,174
$504,177
2017
$6,042
$478,923
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$17.5K
Per Month
Principal & Interest
$17.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$10.5K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
5
/10
Mt Loafer School
1025 S 250 W
Distance between this listing and this school1.58 miles
Public District Grades PK-6
Middle School
4
/10
Salem Junior High School
598 N Main St
Distance between this listing and this school3.22 miles
Public District Grades 7-9
High School
7
/10
Salem Hills High School
150 Skyhawk Blvd
Distance between this listing and this school2.77 miles
Public District Grades 10-12
Assigned Schools
5
/10
Mt Loafer School
1025 S 250 W
Distance between this listing and this school1.58 miles
Public District Grades PK-6
Nearby Schools
6
/10
Foothills School
412 S 810 E
Distance between this listing and this school2.19 miles
Public District Grades KG-6
5
/10
Salem School
140 W 100 S
Distance between this listing and this school2.47 miles
Public District Grades PK-6
Assigned Schools
4
/10
Salem Junior High School
598 N Main St
Distance between this listing and this school3.22 miles
Public District Grades 7-9
Nearby Schools
6
/10
Park View School
360 S 100 E
Distance between this listing and this school3.48 miles
Public District Grades PK-7
3
/10
Payson Jr High School
1025 South Hwy 6
Distance between this listing and this school3.59 miles
Public District Grades 6-9
Assigned Schools
7
/10
Salem Hills High School
150 Skyhawk Blvd
Distance between this listing and this school2.77 miles
Public District Grades 10-12
Nearby Schools
4
/10
Payson High School
1050 S Main St
Distance between this listing and this school3.41 miles
Public District Grades 7-12
2
/10
Mt. Nebo Junior High School
851 W 450 S
Distance between this listing and this school4.23 miles
The neighbors living near this home have an average income of $81,557. Most Elk Ridge, UT residents have annual incomes between $35k-100k. The most common type of family is married, with kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 468 N Loafer Dr
What is the listing price of this property?
The listing price of 468 N Loafer Dr property is $3,499,000.
What type of property is this?
The property 468 N Loafer Dr is a house located in Elk Ridge, Utah, 84651.
Is this property for sale now?
Active Listing: 468 N Loafer Dr is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 468 N Loafer Dr are: Mt Loafer School: GreatSchools Rating 5/10Salem Junior High School: GreatSchools Rating 4/10Salem Hills High School: GreatSchools Rating 7/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $6,025 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 468 N Loafer Dr has 7 bedrooms and 4 full and 2 half bathrooms.
What is the square footage of this property?
The property 468 N Loafer Dr is 10,835 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 468 N Loafer Dr is 2006.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 468 N Loafer Dr in Elk Ridge, UT and zip code 84651. This 10,835 square foot home, which was built in 2006, sits on a 5.25 acre lot. Features: 7 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since September 15, 2023 and is currently priced at $3,499,000.
Between March 2024 and April 2024, Elk Ridge, UT real estate market has seen increase in the number of listings by 57.1%. In April 2024, listings were on the market for 82 days. During the same period, the median list price in this real estate market was $714,950.
From Rocket Homes Real Estate and based on county public records data.
Based on information from UtahRealEstate.com 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. Information deemed reliable but not guaranteed accurate. The compilation of listings and each individual listing are Copyright © 2024 UtahRealEstate.com All rights reserved. 
Skiing/snowboarding
Skiing/snowboarding
College Football
PGA/LPGA
BJs Wholesale Club
Best Buy
Stein Mart
Panera
Texas Roadhouse
Cracker Barrel
Infiniti
Ram
Lexus
Adult Hits
Contemporary Christian
Oldies