380 Luzern Way, Midway, UT 84049
- $935,000
- 4
- BD
- 3
- BA
- 2,830
- SqFt
- List Price
- $935,000
- Status
- ACTIVE
- MLS#
- 2163348
- Days on Market
- 51
- Year Built
- 1991
- Bedrooms
- 4
- Bathrooms
- 3
- 3/4 Baths
- 2
- Square Feet
- 2,830
- Parcel Number
- 00-0001-1648
- Acres
- 0.77
- Terms
- Cash, Conventional, Exchange
- County
- Wasatch
- Region
- Midway
- Subdivision
- Interlaken
Property Description
Take advantage of a seller-paid credit towards a "2-1 interest rate buydown", allowing qualified buyers to enjoy an interest rate 2% below the market rate in the first year and 1% below the market rate in the second year (subject to lender approval). Pair that with the approximately $1,500 per month in rental income generated by the existing ADU, and you'll enjoy the benefits of a substantially lower effective monthly housing expense while owning a versatile, income-producing property that continues to build long-term equity. Tucked into the serene township of Interlaken, this secluded Midway location has easy, year round paved access delivering the views, land, and versatility that savvy buyers dream about. The main level offers 1,600+ sq ft of open-plan living under vaulted ceilings. Sweeping valley and mountain views that pour in natural light and changing views with every season. Two bedrooms, two updated bathrooms, and a large view deck make for an incredibly livable space, while newer mechanicals - furnace, water heater, and AC - mean the heavy lifting is already done. Downstairs, the 1,200+ sq ft walkout basement is a fully self-contained 2-bedroom, 1-bathroom apartment complete with its own kitchen, living room, laundry, and a second large deck overlooking the Heber Valley. Live upstairs and rent below, house extended family, or hold it as a straight investment - the flexibility here is yours to decide. An oversized garage, a quiet cul-de-sac setting, and .77 acres of elbow room round out a property that's move in ready and loaded with upside. Opportunities like this in Midway at this price point are few and far between.
Additional Information
- Taxes
- $5,033
- Exterior Features
- Balcony, Basement Entrance, Deck; Covered, Double Pane Windows, Entry (Foyer), Sliding Glass Doors, Walkout
- Interior Features
- Accessory Apt, Basement Apartment, Bath: Primary, Closet: Walk-In, Disposal, Gas Log, Great Room, Kitchen: Second, Mother-in-Law Apt., Range/Oven: Free Stdng., Vaulted Ceilings
- Basement
- Daylight, Entrance, Partial, Walk-Out Access
- Floor
- Carpet, Hardwood, Tile
- Garage Spaces
- 2
- Heating
- Forced Air, Gas: Central, Gas: Stove
- Roof
- Metal
- School District
- Wasatch
- Elementary School
- Midway
- Middle School
- Rocky Mountain
- High School
- Wasatch
- Style
- Stories: 2
- Fireplaces
- 2
- Living Area
- 2,830
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Listing courtesy of Christie's International Real Estate VUE.
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