This home for sale at 564 S STUMP RD Garden City, UT 84028 has been listed at $299,900 and has been on the market for 71 days.
Full Description
1/6th OWNERSHIP. CUSTOM, QUALITY BUILT HOME WITH ALL OF THE EXTRAS! ENJOY THE LUXURY OF A CUSTOM QUALITY HOME FOR ONLY 1/6TH OF THE COST. NOT A TIME SHARE! All items on property INCLUDED: LICENSED FOR SHORT-TERM RENTALS FOR 40 PEOPLE! ONE WEEK EVERY SIX WEEKS WITH A NATURAL SIX WEEK ROTATION so owner gets equal weeks and prime days. You will have the best of both worlds. Use it yourself or rent it out and collect the income .In peak season (Summer) it rents for $1,000-$1500 per night. Each Owner is 1/6 member of the LLC. You can sell your ownership at anytime. Turn Key property with all the furnishings included. (SEE ATTACHED DOCUMENTS FOR LIST OF FURNISHINGS AND Terms and Conditions) Features: Hot Tub/ Firepit/ BBQ included. Custom Cabinets with soft-close hardware. Two Fridges/Two Stoves/Two Dishwashers. Granite Countertops with mitered edges. 10 Ceilings in both the main floor and the basement. Rec Room under garage with ping-pong, air hockey, foosball, etc. Custom-made Queen/Queen Bunkbeds. 4 King beds. 13 Queen beds and 3 full beds. 7 Bathrooms 3 Laundry rooms. Black Anderson Windows. Karndeen LVP Flooring throughout. Large garage. Natural Stone Fireplace. Custom Iron front door! Custom Tile Master Shower/Tub. Unique, Custom Accent Walls. See Seller for Complete breakdown. Currently listed on Homeaway, Air BNB and VRBO, etc. See Seller for complete list of inventory. Seller Financing available: $50,000 Down and the balance @ 5.9% Interest. Amortized over 30 years with a 3 year Balloon. Multiple parties may buy a share together.
Property Highlights
CUSTOM, QUALITY BUILT HOME WITH ALL OF THE EXTRAS!
ENJOY THE LUXURY OF A CUSTOM QUALITY HOME FOR ONLY 1/6TH OF THE COST.
(SEE ATTACHED DOCUMENTS FOR LIST OF FURNISHINGS AND Terms and Conditions) Features: Hot Tub/ Firepit/ BBQ included.
Custom Cabinets with soft-close hardware.
Granite Countertops with mitered edges.
Rec Room under garage with ping-pong, air hockey, foosball, etc.
The home for sale at 564 S STUMP RD Garden City,
UT 84028 has been listed at $299,900 and has
been on the market for 71 days.
1/6th OWNERSHIP. CUSTOM, QUALITY BUILT HOME WITH ALL OF THE EXTRAS! ENJOY THE LUXURY OF A CUSTOM QUALITY HOME FOR ONLY 1/6TH OF THE COST. NOT A TIME SHARE! All items on property INCLUDED: LICENSED FOR SHORT-TERM RENTALS FOR 40 PEOPLE! ONE WEEK EVERY SIX WEEKS WITH A NATURAL SIX WEEK ROTATION so owner gets equal weeks and prime days. You will have the best of both worlds. Use it yourself or rent it out and collect the income .In peak season (Summer) it rents for $1,000-$1500 per night. Each Owner is 1/6 member of the LLC. You can sell your ownership at anytime. Turn Key property with all the furnishings included. (SEE ATTACHED DOCUMENTS FOR LIST OF FURNISHINGS AND Terms and Conditions) Features: Hot Tub/ Firepit/ BBQ included. Custom Cabinets with soft-close hardware. Two Fridges/Two Stoves/Two Dishwashers. Granite Countertops with mitered edges. 10 Ceilings in both the main floor and the basement. Rec Room under garage with ping-pong, air hockey, foosball, etc. Custom-made Queen/Queen Bunkbeds. 4 King beds. 13 Queen beds and 3 full beds. 7 Bathrooms 3 Laundry rooms. Black Anderson Windows. Karndeen LVP Flooring throughout. Large garage. Natural Stone Fireplace. Custom Iron front door! Custom Tile Master Shower/Tub. Unique, Custom Accent Walls. See Seller for Complete breakdown. Currently listed on Homeaway, Air BNB and VRBO, etc. See Seller for complete list of inventory. Seller Financing available: $50,000 Down and the balance @ 5.9% Interest. Amortized over 30 years with a 3 year Balloon. Multiple parties may buy a share together.
PMI (Private Mortgage Insurance) - Required for conventional loans with less than 20% down payment. Protects the lender if you default.
MIP (Mortgage Insurance Premium) - Required for all FHA loans regardless of down payment. Similar to PMI but through FHA.
Key Differences:
Conventional PMI: Can be removed at 20% equity
FHA MIP: Cannot be removed if < 10% down, removable after 11 years if ≥ 10% down
VA Loans: No PMI/MIP ever required
Principal & Interest
$0
Property Tax (est)
$0
Home Insurance
$0
HOA Fees
$0
PMI Insurance?$0
Loan Amount:$0
Total Interest Paid:$0
Total Amount Paid:$0
Other Property Info
Area: Garden Cty; Lake Town; Round
Zoning: Single-Family, Short Term Rental Allowed
State: UT
County: Rich
This listing is courtesy of:: Todd A Horman Red Door Realtors.
435-232-3868.
Utilities
Natural Gas Connected
Electricity Connected
Sewer Connected
Water Connected
Based on information from UtahRealEstate.com as of 2025-05-22 22:55:57. 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. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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