Back to listings
2587 N WALLACE WAY photo 11 / 27
Single Family

$649,900

Reduced from $669,000 · today

2587 N WALLACE WAY, Lehi, UT 84048

Type

SFR

List Price

$649,900

Price/Sqft

$202

Est Gross Yield

4.2%

$27,408/yr est.

Property Details

Property typeSingle Family
Year built2018
Total units1
Living area3,215 sqft
Bedrooms5
Bathrooms4
Lot size0.09 acres
Parking2 spaces
Days on market63
Listed2026-04-16T00:00:00+00:00

Description

*Price Reduction* One of the best values currently available in north Lehi with over 3,200 finished square feet, updated flooring, and a layout built for large families and entertaining. Move-in ready with a fully finished basement. Main level has an open floor plan with big windows that fill the space with natural light. White shaker cabinets, quartz counters, tile backsplash, and a kitchen island with bar seating. Living room flows right off the kitchen with room for a full-size sectional and living space. Finished basement adds 940 sqft of usable living space for a gym, playroom, or entertainment. Upstairs has a primary suite with walk-in closet and ensuite bath. The home has been owner-occupied and maintained since new. Not a flip, not a rental. One block from Holbrook Farms' 33-acre community park. Ivory Homes' best-selling community in Utah with Parks, trails, and a quick 5-minute drive to I-15. Liberty Hills Elementary, Willowcreek Middle, and Skyridge High (Alpine School District). Ten minutes to Thanksgiving Point, Traverse Mountain Outlets, and Primary Children's Hospital.

Listed by Chase C. Porter · RE/MAX Associates

Location

2587 N WALLACE WAY, Lehi, UT 84048

Proforma

Drag sliders to explore the deal

Cap Rate

2.80%

Cash-on-Cash

-4.99%

Cash Flow

-$1,014/mo

Purchase Price$649,900
Down Payment35% ($227,465)
Interest Rate6.00%
Monthly Rent$2,284/mo
Vacancy5%
Expense Ratio30% ($7,811)

Quick estimates only. Switch to Detailed for full line-item control.

Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

DISCLAIMER: The information provided on this website, including property details, pricing, projections, and availability, is for informational purposes only and may change without notice. While Canovo Group, LLC strives to maintain accurate and up-to-date information, we do not guarantee its completeness or accuracy. Users should independently verify all information and property details, including availability and any leasing conditions, with the listing agent or property owner before making any decisions. Canovo Group, LLC is not responsible for any errors, omissions, or third-party content and makes no representations or warranties regarding the properties listed. Neither Canovo Group, LLC nor its affiliates are acting as your real estate agent or broker, nor do we represent or endorse any properties or parties unless expressly stated in a separate written agreement. This website is not an offer or solicitation to buy, sell, or lease any property. All transactions are the sole responsibility of the parties involved.

© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 6/18/2026, 12:00:16 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.