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1235 N 500 E, Pleasant Grove, UT 84062
$950,000
Reduced from $1,075,000 · 4 days ago
1235 N 500 E, Pleasant Grove, UT 84062
Type
SFR
List Price
$950,000
Price/Sqft
$185
Est Gross Yield
3.5%
$33,372/yr est.
Property Details
Description
1.14-acre lot in highly sought-after Pleasant Grove, Utah! This fully fenced property offers animal rights with a horse barn, water shares, greenhouse, sheds, outbuildings, RV parking, and tons of additional parking-perfectly set up for large or small animals. Easy-access property with space, functionality, and endless possibilities. With ALL NEW CARPET & PAINT!! This floor plan features 6 bedrooms, 3 bathrooms, 3 kitchens, 3 laundry areas, and 2 fireplaces. The home offers incredible flexibility for multi-generational living, rental income, or investment opportunities. Mother-in-law apartment with separate entrance, plus an additional basement Airbnb opportunity with its own entrance as well. Located on Pleasant Grove's highly desirable east bench, close to the Discovery park, with breathtaking mountain views and access to hiking trails, Enjoy nearby Battle Creek Park, G Mountain hike, American Fork Canyon, the Alpine Loop, and Sundance Resort just 30 minutes away. Pleasant Grove is known for its amazing schools, strong community atmosphere, and year-round events including the historic Strawberry Days Festival & Rodeo. Outdoor recreation, and a highly competitive high school sports community featuring baseball, football, basketball, wrestling, girls sports, and dance programs. A rare opportunity to own acreage, versatility, and lifestyle all in one incredible property.
Listed by Heather Nicol Lane · The Agency Salt Lake City
Location
1235 N 500 E, Pleasant Grove, UT 84062
Proforma
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Cap Rate
2.34%
Cash-on-Cash
-6.24%
Cash Flow
-$1,853/mo
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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.
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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 6/20/2026, 6:38:51 AM. 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. Listing data provided by UtahRealEstate.com.