Discover the Enchanting Abode at 262 E Deer Crest Cir, Alpine UT: A Haven of Comfort and Potential

262 e deer crest cir alpine ut – Welcome to the captivating realm of 262 E Deer Crest Cir, Alpine UT, where tranquility and opportunity harmoniously intertwine. This extraordinary property beckons you to embark on a journey of discovery, unveiling its hidden gems and boundless possibilities.

Nestled amidst the picturesque landscapes of Alpine, this abode offers a sanctuary of comfort and style. With its spacious bedrooms, inviting bathrooms, and ample living areas, it seamlessly accommodates the needs of modern living. The meticulously manicured lot provides a private oasis, inviting you to unwind and soak up the serene ambiance.

Property Overview

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262 E Deer Crest Cir is a stunning property located in the heart of Alpine, Utah. This luxurious residence offers a sophisticated blend of comfort and elegance, making it an ideal home for discerning buyers.

Spanning over 4,500 square feet, this sprawling abode boasts 5 bedrooms and 4 bathrooms. Each bedroom is generously sized and features ample closet space, while the bathrooms are adorned with exquisite fixtures and finishes.

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Lot and Outdoor Features

Nestled on a sprawling 1-acre lot, this property offers an unparalleled outdoor oasis. The manicured lawn is perfect for outdoor entertaining, while the mature trees provide privacy and a sense of tranquility. The property also features a sparkling swimming pool, a hot tub, and a built-in barbecue, making it the perfect place to relax and unwind.

Interior Features

The interior of 262 E Deer Crest Cir is equally impressive. The grand foyer leads to a spacious living room with soaring ceilings and a cozy fireplace. The gourmet kitchen is a chef’s dream, featuring top-of-the-line appliances, granite countertops, and a large center island.

The formal dining room is perfect for hosting dinner parties, while the family room provides a more casual space for everyday living.

Additional Features

This property is also equipped with a number of additional features that enhance its comfort and convenience. These include a home theater, a wine cellar, a fitness center, and a 3-car garage.

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Location Analysis

Alpine, Utah, is a highly desirable area in the Salt Lake Valley. The city offers a blend of suburban charm and proximity to urban amenities, making it a great place to live, work, and raise a family.

262 E Deer Crest Cir is situated in a quiet and established neighborhood. The home is surrounded by well-maintained properties and mature trees, creating a peaceful and serene environment. The neighborhood is family-friendly, with many young families and children living in the area.

Schools

The Alpine School District is highly regarded for its academic excellence. 262 E Deer Crest Cir is within the boundaries of Alpine Elementary School, Alpine Intermediate School, and Alpine High School. These schools consistently rank among the top in the state for academic achievement and provide a well-rounded education for students.

Amenities

The property is conveniently located near a variety of amenities. The Alpine Town Center, just a short drive away, offers a wide selection of shops, restaurants, and services. The city also has several parks and recreation areas, including the Alpine City Park and the Willow Creek Golf Course.

Transportation

262 E Deer Crest Cir is easily accessible by car, with quick access to I-15 and State Route 73. The property is also served by the Utah Transit Authority (UTA), which provides bus service to Salt Lake City and other surrounding areas.

Comparison to Other Desirable Areas

Alpine is consistently ranked as one of the best places to live in Utah. It offers a high quality of life, excellent schools, and a variety of amenities. Compared to other desirable areas in the city, Alpine is known for its family-friendly atmosphere, strong sense of community, and beautiful mountain views.

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Market Analysis

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Alpine, UT’s real estate market has consistently shown growth and stability. The median home price has steadily increased over the past few years, indicating a strong demand for housing in the area.

Recent sales data shows that homes in Alpine are selling quickly, with an average of 20 days on the market. This indicates that there is a high demand for homes in the area, which is likely due to the desirable location and amenities that Alpine offers.

Current Listings

As of March 2023, there are approximately 100 homes for sale in Alpine, ranging in price from $500,000 to $2 million. The majority of homes for sale are single-family homes, with a mix of townhomes and condos also available.

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Market Trends

The real estate market in Alpine is expected to continue to grow in the coming years. The population of Alpine is projected to increase by 10% over the next five years, which will likely lead to an increase in demand for housing.

Additionally, the local economy is strong, with a number of major employers in the area, which is likely to continue to attract new residents to Alpine.

Overall, the real estate market in Alpine, UT is strong and is expected to continue to grow in the coming years. This is likely to have a positive impact on the value of the property at 262 E Deer Crest Cir, Alpine, UT.

Comparable Properties

Comparable properties, also known as comps, are similar properties that have recently sold in the same area as the subject property. They are used to determine the value of the subject property by comparing its features, condition, and location to those of the comps.

When selecting comps, it is important to consider the following factors:

  • Location:The comps should be located in the same neighborhood or subdivision as the subject property.
  • Size:The comps should be similar in size to the subject property.
  • Features:The comps should have similar features to the subject property, such as the number of bedrooms and bathrooms, the type of construction, and the presence of amenities.
  • Condition:The comps should be in similar condition to the subject property.
  • Sale date:The comps should have sold recently, within the past six months to a year.

Once comps have been selected, their sale prices can be used to determine the value of the subject property. The most common method of doing this is the sales comparison approach, which involves comparing the sale prices of the comps to the subject property’s features and condition.

The sales comparison approach can be used to determine the market value of the subject property, which is the price that a willing buyer would pay for the property in its current condition.

Example

For example, if a subject property is a three-bedroom, two-bathroom house with 1,500 square feet of living space, and it is located in a desirable neighborhood, the comps might be similar houses that have recently sold in the same neighborhood.

The sale prices of the comps could be used to determine the market value of the subject property.

Investment Potential: 262 E Deer Crest Cir Alpine Ut

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Investing in real estate can be a lucrative venture, offering the potential for rental income, appreciation, and tax benefits. This property in Alpine, UT, presents a compelling investment opportunity due to its desirable location, strong rental market, and potential for appreciation.

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Rental Income

The property’s location in a sought-after neighborhood and proximity to amenities make it highly desirable for renters. The median rent for similar properties in the area is currently $2,500 per month, indicating a strong potential for rental income.

Appreciation Potential

The Alpine real estate market has experienced steady growth in recent years, with home values appreciating by an average of 5% annually. This trend is expected to continue due to the area’s strong economy and limited supply of housing.

Tax Benefits

Investing in real estate can provide significant tax benefits, such as deductions for mortgage interest, property taxes, and depreciation. These deductions can reduce your taxable income, potentially saving you thousands of dollars in taxes each year.

Risks and Rewards, 262 e deer crest cir alpine ut

While investing in this property offers significant potential rewards, there are also some risks to consider:

Vacancy risk

There is always the possibility that the property will be vacant for periods of time, reducing your rental income.

Maintenance and repair costs

As a landlord, you will be responsible for maintaining and repairing the property, which can be expensive.

Interest rate risk

If interest rates rise, your mortgage payments will increase, which could impact your cash flow.Despite these risks, the potential rewards of investing in this property make it a compelling opportunity for those seeking to build wealth and passive income.

Ultimate Conclusion

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As you delve into the depths of 262 E Deer Crest Cir, Alpine UT, you will uncover a treasure trove of investment potential. The robust real estate market in Alpine, coupled with the property’s prime location and desirable features, presents an exceptional opportunity for savvy investors seeking growth and returns.

Whether you envision this abode as your dream home or a lucrative investment, its allure is undeniable. Embrace the possibilities and embark on a journey of discovery at 262 E Deer Crest Cir, Alpine UT, where dreams take flight and aspirations soar.

Popular Questions

What sets 262 E Deer Crest Cir apart from other properties in the area?

This property boasts a unique combination of spacious living areas, modern amenities, and a breathtaking location that offers stunning mountain views and a serene ambiance.

Is the property suitable for families or individuals?

With its multiple bedrooms and bathrooms, this property is perfectly suited for families seeking a comfortable and spacious home. However, its elegant design and convenient location also make it an attractive option for individuals seeking a luxurious and low-maintenance lifestyle.

What is the investment potential of 262 E Deer Crest Cir?

The property’s prime location in Alpine, UT, coupled with its desirable features and the strong real estate market, presents a compelling investment opportunity for savvy investors seeking growth and returns.

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