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$990,000 Just Listed
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Property Description
Traditional farmhouse style with the hard-to-find combination of privacy, square footage, potential multi-family living, and a large .925-acre lot. With a tree & brush covered hill behind you where you can watch wildlife (turkeys, deer and other animals) as well as wildlife across the road from the front of the house and up the hill, you will enjoy the unmatched privacy of living in Loafer Canyon. At nearly an acre, you can BRING YOUR HORSES TOO. Home has a family room on each of the 3 levels, insuring plenty of room to gather and relax. A 2nd basement kitchen, basement laundry hook ups, and basement entrance offer a potential ADU (see Elk Ridge City for requirements). 5 bedrooms but potential for more. There is also an office (being used as a classroom) and a formal living room on the main floor. The upstairs family room (being used as a bedroom), has a built-in playhouse and a large built-in storage closet. Many storage closets throughout. Yoou'll be hard pressed to run out of hot water with double water heaters. Stay cozy in winter with a gas fireplace in the downstairs living room. 9 foot ceilings on the main level give it a spacious feel. The oversized garage with a pull-through shop area and rear garage door lead to a fully fenced backyard. There are raised bed gardens and a large in-ground garden. Automatic sprinklers make watering the apple trees, peach tree, strawberries, blackberries, raspberries and the rest of your garden easy. Relax on the rear deck or the pea gravel picnic area. Hillside trails, a deep rustic sandbox, basketball standard, and a wood chip area for playground equipment add enjoyment for little ones. Plenty of parking for your family and guests. Newer large Lifetime storage shed included. Square footage is from county records. Spacious kitchen with pull out drawers in pantry area, two laundry rooms, huge master suite with huge master bather featuring double basin vanity, large shower, separate jetted tub and large walk-in closet. Walk-out basement. Dual heating systems and dual A/C units plus a water softening system. Great room is wired for surround sound and wired for outside speakers. You've got to see this one.
Full Property Details
Full Property Details for 387 N Loafer Rd
General
- Price: $990,000
- Taxes: $4,076
- Status: Active
- Type: Single Family
- Source: WFR
- MLS ID: 2163131
- Updated: 6/5/2026
- Added to Site: Today
Interior
- Interior Features: Basement Apartment, Bath: Primary, Bath: Sep. Tub/Shower, Closet: Walk-In, Den/Office, Disposal, Floor Drains, French Doors, Gas Log, Great Room, Jetted Tub, Kitchen: Second, Oven: Gas, Range: Gas, Range/Oven: Free Stdng.
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Microwave, Range Hood, Refrigerator, Water Softener Owned
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
- Primary Bedroom: Floor: 2nd
Other Rooms
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup
Additional Information
- Equipment: Basketball Standard, Storage Shed(s), Window Coverings
Exterior
- Exterior Features: Basement Entrance, Bay Box Windows, Double Pane Windows, Horse Property, Out Buildings, Lighting, Porch: Open, Walkout
- Porch/Patio/Deck: Porch: Open
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Total Spaces: 7
- Parking Features: Rv Parking
Location
- Area: Payson; Elk Rg; Salem; Wdhil
- County: Utah
- Subdivision: SAUNDERS
- Direction Faces: East
School Information
- Elem School District: Nebo
- Midd School District: Nebo
- High School District: Nebo
- Elementary School: Mt Loafer
- Middle School: Salem Jr
- High School: Salem Hills
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air, Gas: Central
Utilities
- Sewer: Sewer: Connected, Sewer: Public
- Water: Culinary
- Utility Description: Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected
Structural Information
- Architectural Style: Stories: 2
- Construction: Aluminum
- Exterior Const.: Aluminum
- Basement Desc.: Full, Walk-Out Access
- Roof: Asphalt
- Windows: Blinds, Drapes
- Doors: French Doors
- Stories/Levels: 3
- Square Feet: 4,637
- Living Area: 4,637 Sq. Ft.
- Current Bldg. Use: Single Family
- Year Built: 2001
- Property Condition: Blt./Standing
Lot Features
- Property View: Mountain(s), Valley
- Lot Size (Acres): 0.93
- Lot Size (Sq. Ft.): 40,510.8
- Lot Size: .93
- Landscape: Fruit Trees, Landscaping: Part, Mature Trees, Scrub Oak, Vegetable Garden
- Topography: Curb & Gutter, Fenced: Part, Road: Paved, Terrain, Flat, Terrain: Grad Slope, View: Mountain, View: Valley, Drip Irrigation: Auto-Part
- Lot Features: Curb & Gutter, Fenced: Part, Road: Paved, Terrain: Grad Slope, View: Mountain, View: Valley, Drip Irrigation: Auto-Part
- Trees/Vegetation: Fruit Trees, Landscaping: Part, Mature Trees, Scrub Oak, Vegetable Garden
- Zoning: RES
Horse Property
- Horse Property: Yes
Financial Considerations
- Tax Amount: $4,076
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Exclusions: Dryer, Swing Set, Washer, Trampoline
- Inclusions: Basketball Standard, Microwave, Range, Range Hood, Refrigerator, Storage Shed(s), Water Softener: Own, Window Coverings
- Property ID: 52-980-0001
Listed by Charles Wixom Realty
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Schools
Schools serving 387 N Loafer Rd
School District:Nebo School District
| Name | Grades | Distance |
|---|---|---|
Foothills School, Salem, UT 412 South 810 East, Salem, UT 84653 | PK-5 | 2.3 mi |
Valley View Middle 1044 East 340 South, Salem, UT 84653 | 6-7 | 2.4 mi |
Salem Junior High School 598 North Main Street, Salem, UT 84653 | 8-9 | 3.3 mi |
Salem Hills High School 150 N Skyhawk Blvd, Salem, UT 84653 | 10-12 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 387 N Loafer Rd
Date
Details
Price
Change
Source
6/05/2026
Listed
$990,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 387 N Loafer Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,077
3%
$766,800
88%
2024
$3,967
-1%
$407,550
-2%
2023
$4,020
11%
$414,095
-27%
2021
$3,619
-15%
$567,500
32%
2022
$4,256
18%
$431,475
-19%
2021
$3,619
24%
$534,300
125%
2018
$2,910
1%
$237,655
5%
2017
$2,867
-6%
$227,260
-12%
2019
$3,034
13%
$258,775
25%
2016
$2,676
8%
$207,020
10%
2015
$2,478
6%
$187,935
—
2013
$2,327
—
$187,055
11%
2013
$2,327
—
$169,180
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 387 N Loafer Rd
387 N Loafer Rd, Elk Ridge, UT 84651 (MLS# 2163131) is a Single Family property with 5 bedrooms, 3 full bathrooms and 1 partial bathroom. 387 N Loafer Rd is currently listed for $990,000 and was received on June 05, 2026. Want to learn more about 387 N Loafer Rd? Do you have questions about finding other Single Family real estate for sale in Elk Ridge? You can browse all Elk Ridge real estate or contact a Coldwell Banker agent to request more information.

