Federal Heights

Homes for Sale in Federal Heights, Salt Lake City, Utah

Source: Realtor.com (7/9/2024)

Discover the allure of homes for sale in Federal Heights, Salt Lake City, where historic charm meets modern convenience. Nestled near the University of Utah, this upscale neighborhood boasts stunning views of Salt Lake Valley and the majestic Wasatch Mountains. Federal Heights offers a prime location with easy access to top-rated schools, vibrant lifestyle amenities, and endless recreational opportunities. The diverse community, enriched by students, young professionals, and families, adds to this sought-after area’s dynamic and welcoming atmosphere.

AN OVERVIEW OF FEDERAL HEIGHTS

Federal Heights, located near the old Fort Douglas (established in 1862 and closed as a military facility in 1989), takes its name from the federal government’s designation of the area as a prominent neighborhood. Some of its founders included military personnel from the fort.

In the early 20th century, its development as a residential area began. Several factors shaped the community’s present-day identity, including its wealthy population, architectural heritage, and a population that places a premium on knowledge and culture due to its proximity to the highly esteemed state university.

Federal Heights, Salt Lake City is situated in the northeastern part of the city, east of Virginia Street and north of South Temple Street. That said, the strategic location of homes for sale here puts potential homeowners within close range of the state university and provides quick entry to Downtown Salt Lake City, home to iconic landmarks like the Salt Lake Temple and the Utah Museum of Fine Arts. To the east of Federal Heights is the Wasatch Mountains which opens opportunities for appreciating the lovely views and catching a glimpse of the local wildlife, as well as skiing and snowboarding in the winter.

The community’s population is just below 3,000, which gives the neighborhood a relatively sparse feel compared to Downtown Salt Lake City and other more densely-populated neighborhoods in the area. The more spacious living environment adds to the appeal of Federal Heights, Utah real estate as residents afford to reside in larger homes with more outdoor spaces. This results in higher property values of Federal Heights, Salt Lake City homes for sale.

Federal Heights is surrounded by several notable neighborhoods, such as University Gardens and Bonneville Hills to the west. To the south, you’ll find high-end residential areas surrounding South Temple Street and Downtown. Eastward lies the foothills leading to the Wasatch Mountains, providing unmatched vistas and year-round recreational options.

The neighborhood’s vintage appeal stems from the abundance of well-preserved homes dating back to the early 20th century. Coupled with natural scenic views, it’s no wonder that homes for sale in Federal Heights are sought after.

Federal Heights’ proximity to the university and other excellent educational institutions also tend to attract academics, students, and professionals alike. Meanwhile, its quiet streets and ample green spaces appeal to families looking for safe spaces for their children. Overall, it is the residential area of choice among affluent home buyers looking for a vibrant yet community-oriented lifestyle.

HOMES FOR SALE IN FEDERAL HEIGHTS

Federal Heights, Salt Lake City has seen consistent demand due to its aesthetically pleasing and vibrant environment, old-world charm, and exceptional accessibility. All these contribute to a stable real estate market, ideal for long-term property investments.

Market overview

Houses for sale in Federal Heights are known for their premium home prices, reflecting the area’s prestige and historic residences. Home values typically go past the $1 million benchmark, reaching as high as over $3 million – a solid testament to the neighborhood’s affluence and remarkable appeal.

These higher-than-average prices result from high demand and limited supply, as well as the historic properties’ excellently-maintained architectural details. Many buyers are interested in homes with renovation potential, allowing them to preserve antique elements while incorporating tech-driven amenities. Restoring old homes for sale in Federal Heights also opens up benefits like the Federal Historic Building Rehabilitation Tax Credit and the Utah Historic Preservation Tax Credit.

With such active preservation efforts and a competitive seller’s market, Federal Heights, Utah real estate has seen a steady appreciation in home values over the years, reflecting the neighborhood’s desirability.

Property types

Federal Heights, Salt Lake City homes for sale are embodiments of luxury, offering a variety of these property types to discerning buyers.

• Historic estates that date back to the early 20th century often come with spacious lots, intricately landscaped gardens, and elegant interiors that emphasize original features. Most of the properties have undergone renovations of varying extents.
• Modern mansions are newer constructions that offer contemporary convenience. These are typically accompanied by cutting-edge designs, open floor plans, and innovative amenities. These homes may incorporate sustainable features and smart home technology.
• Many single-family homes may be renovated classics, retaining their historical integrity while employing modern updates. These properties are in demand because of their spacious layouts, hardwood floors, and upgraded bathrooms and kitchens.

Popular architectural styles

Walking around Federal Heights in Salt Lake City, one is offered a feast for the eyes because of its fascinating turn-of-the-century architecture. An assortment of design influences reflect the city’s urban development boom during the late 19th and early 20th centuries. The area’s influx of prosperous dwellers and economic growth also made residential expansion possible, giving birth to a rich architectural history that includes these styles:

• Colonial Revival
• Tudor Revival
• Prairie School
• Craftsman
• Mid-century Modern

Luxury home features and amenities

Upscale facilities and conveniences appeal to buyers looking for comfort and exclusivity in their residential environment. Federal Heights, Salt Lake City homes for sale offer all these with prestigious properties featuring the following:

• Spacious layouts ensure expansive living areas, high ceilings, and floor plans that bring a sense of freedom, making the home feel more luxurious and accommodating.
• Premium finishes, such as marble and hardwood flooring, enhance the durability and visual appeal of houses for sale in Federal Heights. These also contribute to the property’s value and desirability.
• Luxurious kitchens and bathrooms feature top-of-the-line materials and appliances designed for both functional appeal and elegance. These boost overall comfort and enjoyment of the home.
• Outdoor living spaces extend the home area beyond its walls, providing opportunities for socialization, relaxation, and connecting with nature.
• Scenic views enhance the property’s ambiance, creating a serene environment that adds to the home’s value and appeal.

LIVING IN FEDERAL HEIGHTS

Federal Heights, Utah real estate thrives due to the influx of college students and junior professionals. Salt Lake City, for that matter, is included in the Top 55 Best Cities for Young Professionals in America. Meanwhile, Utah has been recognized as the state with the youngest population, having a median age of 32.

Still, Federal Heights homes for sale have something for everyone. From gorgeous landscapes to an excellent dining and shopping scene, this neighborhood has much to offer.

Cost of living

With Federal Heights, Salt Lake City’s heightened demand for residential real estate and their outstanding amenities, it’s no surprise that the cost of living here is 22% higher than the national average. Housing, as well as goods and services, costs more in this neighborhood because of its prized location and unique historic ambiance. But for the high cost, residents are compensated with an exceptional quality of life – a crucial consideration among home buyers, renters, and investors.

Other factors that contribute to SLC’s top-tier quality of life are its superb schools, family-oriented opportunities, employment, outdoor activities, and beautiful weather.

The mention of “beautiful weather” may confuse those who know about the city’s above-average snowfall but SLC thrives on snowfall, given the plethora of activities that hinge on the abundance of snow like skiing and snowboarding on the nearby mountain slopes or gliding on the ice skating rinks scattered throughout the city. And, what are sleigh rides in SLC without snow, right?

Salt Lake City also experiences an average of 222 days of sunshine yearly, which is more than the national average of 205 days. Consequently, Utah receives less rainfall with an average annual rainfall of 17 inches, compared to the US average of 38 inches.

No matter the season, there’s always an opportunity to explore these parks near Federal Heights:

• Memorial Grove Park – about 1.5 miles away at the mouth of City Creek Canyon.
• Ensign Peak Nature Park – a short drive or moderate hike away, offering panoramic city views and mountain vistas.
• Lindsey Gardens Park – about 1.5 miles away, with tennis courts, gardens, and picnic areas.

Economic and job opportunities

Utah’s economy is robust, having been recognized by US News as the best in the country. Among all states, Utah leads in GDP and median income with an impressive $273 million and $40,959, respectively.

Because of its blend of modern and traditional industries, Utah developed a diverse economic base that provided resilience and a quicker recovery time from the pandemic. Its current top sectors include transportation, utilities, financial activity, and trade. Its economy is mostly service-oriented, generating over 82% of the state’s jobs. In fact, professional and business services are major contributors of its GDP.

However, Federal Heights, Salt Lake City homes for sale are also significant economic players. According to Oxford Economics, real estate and manufacturing growth is projected to boost the state’s GDP even further.

In the previous year, Utah saw a 2.1% increase in employment across the board. Salt Lake City, in particular, has a high-performing job sector based on rising employment rates, business expansion, job growth, and cost of living. The city’s median household income is $72,357, up 9.83% from the previous year. The forecast for job growth over the next decade is expected to reach almost 40%, exceeding the national average of 33.5%

Schools and healthcare

The educational landscape in Federal Heights is composed of a robust blend of public schools, private institutions, and faith-based academic programs. Here are some of the notable schools in the area aside from the University of Utah.

• Rowland Hall is one of Utah’s oldest, continuously operating schools. Lower-grade students up to the 5th Grade usually go to the McCarthy Campus, located about 3 miles away. Closer is the Lincoln Street campus which caters to the upper grades.
• Judge Memorial Catholic High School provides a challenging academic program from Grades 9 through 12. Its strong college preparatory curriculum includes Advanced Placement and honors courses.
• West High School is known for its diverse student population and comprehensive educational program. Established in 1890, it is one of the state’s oldest-operating high schools.

When you purchase one of the houses for sale in Federal Heights, rest assured that you’ll have access to a variety of exceptional healthcare services. Proof of this is Salt Lake City’s rank among the top 30 of America’s healthiest cities. Here are some exemplary medical centers in the area.

• The University of Utah Hospital has been ranked as the top hospital in Utah and the Salt Lake City metropolitan area for 10 consecutive years.
• Intermountain Primary Children’s Hospital, affiliated with the University of Utah, is a not-for-profit hospital for children that offers high-quality medical care to young patients with complex illnesses and injuries.
• Salt Lake Regional Medical Center is a fully equipped hospital, providing a range of services like emergency room care and pregnancy testing. It’s also a designated safe haven for abandoned newborn babies.

Dining and shopping

Adding to the appeal of Federal Heights, Utah real estate is its plethora of dining options that speak of the community’s diversity. Below are some must-tries.

• Cucina Wine Bar is an award-winning bar and deli with one of the best-curated wine lists in Salt Lake Valley.
• Avenues Proper is a neighborhood brewery, crafting small-batch beers onsite since 2013.
• Publik Coffee is a trendy roastery and café popular for its specialty coffee sourced from around the world.

The neighborhood also doesn’t fall short of retail havens, highlighting a colorful shopping scene with local businesses and big-name brands. It combines convenience with a community-focused atmosphere, perfect for residents and visitors.

• City Creek Center has more than 100 shops and restaurants, offering luxury brands, specialty goods, and up-and-coming labels.
• Salt & Honey Market showcases handmade products such as crafts, jewelry, and gourmet foods from local artisans.
• Hip & Humble offers stylish home décor, gifts, clothes, and accessories with a focus on modern design and sustainability.

Outdoor recreation

Federal Heights, Salt Lake City homes for sale offer proximity to these outdoor recreation spots, ideal for enjoying an active lifestyle amid natural beauty.

• City Creek Canyon is a popular hiking and picnic spot that’s accessible via Downtown Salt Lake City. From there, you may then ascend into the foothills near the State Capitol. The stream-fed trail is also accessible from Temple Square or Council Hall.
• The Red Butte Garden and Arboretum offers over 20 acres of public gardens and more than five miles of nature trails. Every year, it receives 200,000 visitors eager to view its award-winning gardens or watch the outdoor concert series held here.
• The Utah State Capitol Grounds is perfect for those who take pleasure in strolling while getting a dose of history. Featuring gardens and historical monuments, it’s a peaceful area for outdoor strolls.
• The Bonneville Shoreline Trail runs for about 280 miles, providing scenic hiking, trail running, and biking opportunities with access points across Salt Lake City.

Culture

A prime benefit of living in Federal Heights is its nearness to Downtown Salt Lake City’s cultural offerings that only take a 10-minute drive.

• The Eccles Theater houses 2,500 seats in its Delta Performance Hall. It features premium shows, such as the Zions Bank Broadway at the Eccles and Live! at the Eccles series. The Regent Street Black Box showcases local performances.
• The Capitol Theatre, which first opened in 1913 as a vaudeville house, is a landmark building famous for hosting resident companies Utah Opera and Ballet West. More than a century later, it continues to showcase excellent performers and events.
• The Natural History Museum of Utah is located in the foothills above Salt Lake City. Housed in the architectural marvel, the Rio Tinto Center, it features 163,000 square feet of exhibits spanning billions of years of natural history.
• Abravanel Hall, which is home to the Utah Symphony, is an architectural achievement due to its contemporary style with clean lines and minimalist aesthetic. Inside, you’ll find stunning crystal chandeliers and gold leaf trim framing the stage and adorning the balconies.

Getting around

Salt Lake City has invested significant time and resources to develop an environment-friendly and convenient public transit system to help local and visitors navigate the metropolitan area.

The TRAX light rail system is an efficient way to traverse the city and its surrounding areas. It also offers a free fare zone in Downtown, ideal for short trips within the city center. Meanwhile, the FrontRunner commuter rail operates between Ogden and Provo, covering 15 stations across the counties of Weber, Davis, Salt Lake, and Utah.

If you’d rather take the bus, UTA buses offer several routes that connect Federal Heights with other parts of Salt Lake City and the broader metropolitan area.

More than half of the total number of residents of Federal Heights manage to go about doing their daily errands in their respective vehicles, and they have several major thoroughfares that give them access to other areas of SLC and beyond. Foothill Drive, located on the eastern border of Federal Heights, connects to larger arteries like I-80 and I-215. I-80 brings residents to Downtown and other parts of the city while I-215 gives easy access to other major highways and Salt Lake City International Airport which is approximately 11 miles east of Federal Heights. State Route 186, for its part, provides a direct route to both the University of Utah campus and the downtown area.

FIND YOUR PERFECT HOME IN FEDERAL HEIGHTS, SALT LAKE CITY

Are you ready to discover your ideal home in Federal Heights? You’ll do well to rely on the knowledge and expertise of Vintage Realty Group, your team of the finest real estate professionals in SLC. Led by top-notch Salt Lake City Realtor Clint Womack, Vintage Realty ensures a stress-free real estate transaction and customized services for clients. With them to provide you with support and guidance throughout your home search in Federal Heights, you’ll find your dream residence in this premium neighborhood in no time.

Call Vintage Realty at 801.674.9995 or send an email to start your personalized real estate experience today.

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