$4,500,000
For Sale

6307 S OLES LANE

Holladay, UT 84121
12800 sqft | 11 beds | 8.75 baths | 1.75 acres | #2112863
Browse 80 photos
Type:Purchase
Structure:House
Zone:Residential

Description

INVESTORS WANTED!!!! HUGE CASH-FLOW OPPORTUNITY @ 50% ARV! This is an Incredible investment and income-generating opportunity! This expansive estate is the largest Airbnb currently on the market in Holladay, with a proven 20+ year track record as a successful short-term rental. The property potentionally brings in 30 thousand dollars a month and is a ideally located with easy access to world-renowned ski resorts, hiking, and Salt Lake City. It is located in proximity to Cotton Bottom and Tuscany, just minutes away from the mouth of Big and Little Cottonwood Canyons. The home is perfect for large group accommodations, corporate retreats, or multi-family living. The surrounding homes are high-end properties, making it a coveted gem among equally amazing homes. Featuring fully-furnished 11 bedrooms, 10 bathrooms, three full kitchens, a spacious great room, and four separate family rooms, this property comfortably hosts up to 40 guests and is perfectly designed for friends and families to make expansive memories. All furnishings in the home are included in the sale. The entertainment amenities include a private movie theater with leather recliners, pool and game tables, and an outdoor pavilion with grilling ready to take on the amazing flavors of barbecues. Ample natural light and well cared for hardwood floors make this home welcoming and inviting. The home has two separate apartments which creates opportunities for even further income, owner occupied rental arrangements, on-site caretaker/property management living , etc. The current living space can be expanded to include an additional 12th bedroom/bathroom with a separate entry if desired. Situated on a secluded, 1.75 acre tree-lined lot with stunning mountain views, the property includes a circular driveway, three-car garage, storage space, fruit trees, and a turn-on waterfall flowing into a small pond. The grounds are equipped with a functioning sprinkler and watering system keeping the greenery alive and easy to maintain. The frequent visits from the roaming deer foraging amidst the weeping willows make this place a restful sanctuary, an oasis tucked away, yet in proximity to highways and amenities of city living. This is a rare opportunity to own a turnkey, high-capacity rental property in one of Utah's most desirable locations. Don't miss a chance to own a property and a business 50 cents on a dollar, which makes this as easy DSCR (NO DOC) loan.

  • Interior Details
      • InteriorRange/Oven: Built-In
      • Fireplaces2
    • Heating & Cooling
      • CoolingCentral Air
      • Cooling FeaturesCentral Air
    • Beds & Baths
      • Bathrooms8.75
      • Bedrooms11
      • Full Baths6
      • Half Baths1
      • 3/4 Baths3
  • Property Details
      • Lot FeaturesFenced: Full, Road: Paved, Sprinkler: Auto-Full, Terrain: Grad Slope, Wooded, Private
      • Lot DescriptionFenced: Full, Road: Paved, Sprinkler: Auto-Full, Terrain: Grad Slope, Wooded, Private
    • Measurements
      • Square Feet12800
      • Acres1.75
    • Parking
      • Parking Spaces3
  • Construction Details
      • Basement DescriptionEntrance, Partial
      • Property TypePurchase
      • Basement1
    • Condition
      • Year Built1942
    • Material information
      • RoofAsphalt
  • Utilities / Energy Details
      • Utility FeaturesNatural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected
      • AppliancesDryer, Microwave, Range Hood, Refrigerator, Washer
      • Sewer InformationSewer: Connected, Sewer: Public
      • Utility SourceCulinary
  • Community and Neighborhood Details
      • ZoningSingle-Family
      • Middle SchoolBonneville
      • CountySalt Lake
      • School DistrictGranite
      • Elementary SchoolOakwood
      • High SchoolOlympus
  • Financial Details
      • Original List Price$4,500,000
      • Taxes Annual$12,754
  • Other
      • MLS #2112863

Location

Ethan RowburyReal Estate Group
OR

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