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242 W 580 S, Orem, UT 84058
$949,900
242 W 580 S, Orem, UT 84058
Type
SFR
List Price
$949,900
Price/Sqft
$227
Est Gross Yield
2.7%
$26,064/yr est.
Property Details
Description
No Showings Until Open House - Saturday, July 25th from 4-6pmPositioned to catch the sunrise over Mount Timpanogos each morning and the mountain glow at sunset each evening, this one-of-a-kind home in Orems sought-after Farm subdivision checks every box - and then some. Sitting on one of the largest lots in the community, the fully fenced yard gives you rare privacy and room to breathe in a neighborhood known for its quiet streets, low through-traffic, and true sense of community.Inside, the modern open floor plan centers around a stunning waterfall kitchen island - the kind of space thats built for entertaining. The thoughtful extras here are what really set this home apart: a dedicated soundproof home office, a private workout room with sauna, and a suspended slab fun-zone perfect for a game room, hobby space, or additional storage. A fully permitted, legal ADU offers serious upside - whether youre looking to offset your mortgage with rental income, house extended family, or add an investment component to your primary residence. Along with the rental income, you can eliminate your electric bill with solar.All of this just minutes from Utah Valley University, University Place Mall, Costco, Trader Joes, and Scera Park - with quick I-15 access rounding out a location thats hard to beat. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.
Listed by Nate Killpack · Mission Real Estate LLC
Location
242 W 580 S, Orem, UT 84058
Proforma
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Cap Rate
1.82%
Cash-on-Cash
-7.60%
Cash Flow
-$2,257/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 7/22/2026, 9:09:00 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.