Salt Lake City executive lists sprawling Federal Heights mansion for sale for $11.9M

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A human resources executive who owns one of the highest properties on Federal Heights in Salt Lake City has listed his 12,000-square-foot mansion and surrounding 30 acres of foothill property.

The estate, which Kurt Larsen began building at the mouth of Limekiln Gulch in 2007, hit the market on Tuesday for $11.9 million.

The four-bed, eight-bath property comes equipped with an outdoor pool, waterfall, movie theater and sits among the sprawling homes above the capital city, just below the Pioneer Lime Kilns. It is among the homes built highest up in the foothills in Federal Heights, an area where sprawling estates have clawed up the mountainside.

“I’ve seen a lot of houses, but I don’t know that I’ve seen any that’s got more details that are just outstanding,” said listing broker Bob Whitney, with the Whitney Team at the Watts Group Real Estate. “The setting up there is phenomenal.”

Utah Real Estate
Utah Real Estate
Utah Real Estate

Larsen is a former real estate developer who later started Resource Management, Inc., which handles human resources processes for companies across the country and grossed over $640 million annually.

Larsen founded the company in 1992 and was named a finalist for the Ernst & Young’s Entrepreneur of the Year award in 2006. He recently sold the business and Downtown office building and is now moving to sell his home.

“Despite its urban proximity, the 12,000-square-foot home is its own private retreat sited to savor the views of the city,” the brokers wrote. “Connections extol outdoor living as spacious as the home with a mountainside waterfall, balconies, a swimming pool with a cascading edge, planter-edged patios, and an exquisitely complete outdoor kitchen.”

On the first full day of marketing the property, Whitney joked that he needed to get in touch with billionaire Utah Jazz owner Ryan Smith, who also successfully landed a National Hockey League franchise that will play in Salt Lake City come September.

“The calm, subdued interiors offer a home for generous entertaining with large connected sitting areas that flow together and outside through the disappearing glass doors,” the listing says. “At the same time, the 2,200-square-foot primary suite retains privacy.”

The home has multiple fireplaces, indoor and outdoor kitchens, a bar, gym and spa. 

The pool, deck and southwest-facing balconies all have 270-degree views of the Wasatch Mountains, Point of the Mountain, Oquirrh Mountains, Downtown skyline and Great Salt Lake.

The home also has a view of the historic lime kilns where early Utah pioneers processes limestone into materials that were used for construction in the mid-19th century.

Utah Real Estate
Utah Real Estate
Utah Real Estate
Utah Real Estate
Utah Real Estate
Utah Real Estate

“All we need is one buyer that recognizes quality and expects quality and a certain setting and there it is,” Whitney said.

Email Taylor Anderson

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Posted by Taylor Anderson

Taylor Anderson grew up near Chicago and made his way West to study journalism at the University of Montana. He's been a staff writer for the Chicago Tribune, Bend Bulletin and Salt Lake Tribune. A move from Portland, Oregon, to Salt Lake City opened his eyes to the importance of good urban design for building strong neighborhoods. He lives on the border of the Liberty Wells and Ballpark neighborhoods.