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1617 E CYPRESS WAY, Draper, UT 84020
1617 E CYPRESS WAY, Draper, UT 84020
Type
SFR
List Price
$1.20M
Price/Sqft
$281
Est Gross Yield
3.1%
$37,164/yr est.
Welcome to this spectacular two-story residence nestled in the highly sought-after Masters of Draper community! Beautifully maintained and thoughtfully updated with exceptional quality, timeless style, and everyday functionality, this impressive home is tucked away at the end of a quiet, beautifully landscaped street surrounded by mature trees and pride of ownership. Step through the front door and prepare to be captivated by soaring vaulted ceilings, rich hardwood flooring, and an abundance of natural light that fills every space. Designed with both comfortable family living and effortless entertaining in mind, the flowing floor plan offers inviting gathering spaces that feel warm, open, and welcoming. At the heart of the home is the recently remodeled gourmet kitchen, where stunning finishes, abundant workspace, and thoughtful design create the perfect setting for everything from casual breakfasts to memorable holiday dinners. The adjoining family room invites you to unwind beside the fireplace while staying connected to the action. One of the home's true showpieces is the incredible oversized covered deck, masterfully constructed with exposed beams and tongue-and-groove wood detailing. This outdoor living space seamlessly extends your home year-round, creating the perfect place to relax, entertain, dine outdoors, or simply enjoy the peaceful backyard setting rain or shine. Retreat upstairs to the luxurious primary suite featuring a spacious bedroom, spa-inspired ensuite bathroom, generous walk-in closet, and a private balcony where you can enjoy your morning coffee or evening sunsets. Three additional spacious bedrooms, a beautifully appointed full bathroom, and a convenient upstairs laundry room complete the upper level. The recently renovated lower level offers outstanding flexibility with a spacious second family room, stylish wet bar, beautifully updated bathroom, expansive fifth bedroom, dedicated craft or gear room, plus abundant storage, ideal for an older teen or guests, hobbies, or game-day gatherings. Outside, the amenities continue with an oversized three-car garage featuring exceptional built-in storage, an impressive 80-foot gated RV and boat parking area, mature landscaping, a large storage shed, privacy, and a backyard designed for recreation, entertaining, and making lasting memories. Living in The Masters means enjoying one of Draper's most desirable locations with world-class mountain biking and hiking trails, the Draper Bike Park, Porter Rockwell and Draper Canal paved trails, Draper City Park, outstanding restaurants, shopping, entertainment, and quick access to major commuter routes. Outdoor adventure and everyday convenience truly come together here. Homes of this caliber in The Masters are a rare opportunity. Don't miss your chance to own this exceptional Draper property that perfectly blends luxury, comfort, and an unbeatable lifestyle.
Listed by Brian Clinger · Coldwell Banker Realty (Salt Lake-Sugar House)
1617 E CYPRESS WAY, Draper, UT 84020
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Cap Rate
2.06%
Cash-on-Cash
-6.98%
Cash Flow
-$2,617/mo
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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 8/5/2026, 11:06:05 PM. 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.