$950,000

5457 Anchor Bay Rd, Midway, UT 49844

Sample listing

Bedrooms

Bathrooms

2,950

Square feet

300 ft

Shoreline

$3,167

Per shoreline ft

Year-round home with a screened porch on Deer Creek Reservoir. Roughly 300 feet of owned shoreline on 2.87 acres, with 5 bedrooms across 2,950 square feet. Permitted, not built. Water clarity on Deer Creek Reservoir averages around 15 feet and the lake is classified volatile for water level. Dock and shoreline work fall under Utah State Parks. This is a sample listing used to demonstrate the platform.

Features

Fire pitWhole-house generatorPrivate dockWood stoveTwo-slip dockGentle slope to waterVaulted ceilings

Property facts

Property typeHouse Year built1965 Lot size2.87 acres DockPermitted, not built Water depth at dock9 ft ExposureNorth-facing ViewPanoramic Annual taxes$14,666 HOA$120/mo Short-term rentalVerify locally Listed2026-08-05

$8,505

All-in monthly

$216,050

Cash to close

$23,342

Costs beyond the obvious

Up front

Down payment	$190,000
Closing costs (est. 2.4%)	$22,800
Septic inspection & pump	$850
Water quality testing	$400
Waterfront home inspection	$800
Survey (shoreline frontage)	$1,200
Total	$216,050

Every year

Principal & interest	$60,064
Property taxes	$14,666
Hazard insurance	$3,990
Flood insurance	$3,240
HOA / POA dues	$1,440
Utilities	$3,983
Maintenance reserve (1.1%)	$10,450
Septic service	$520
Well & water testing	$260
Dock maintenance	$900
Winterization / seasonal close	$750
Shoreline / seawall reserve	$1,800
Total	$102,063

Adjust these assumptions →

$3,167

This home / shoreline ft

$3,323

Lake average

$322

Per square foot

In line with the lake — this property prices at $3,167 per shoreline foot against a lake average near $3,323, a difference of -5%. Shoreline frontage is the metric that drives waterfront value, and it is almost never published.

Open the analyzer →

Modeled from the lake's estimated nightly rate and occupancy. Confirm local short-term rental rules before you rely on this.

Booked nights / year187 Gross revenue$113,224 Lodging tax−$12,455 Management−$20,154 Cleaning & supplies−$25,020 Net operating income$55,595 Against annual carry$-46,468

Model your own →

5.7

Lake score

Water grade

30 ft

Drawdown

Level stabilityVolatile Typical clarity15 ft Dock authorityUtah State Parks

Full Deer Creek Reservoir report →