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3250 N MOHAWK LN photo 11 / 94
Single FamilyADU Potential

$1,500,000

3250 N MOHAWK LN, Provo, UT 84604

Type

SFR

List Price

$1.50M

Price/Sqft

$196

Est Gross Yield

1.8%

$27,084/yr est.

Property Details

Property typeSingle Family
Year built1967
Total units1
Living area7,641 sqft
Bedrooms5
Bathrooms4
Lot size0.23 acres
Parking3 spaces
Days on market101
Listed2026-03-11T00:00:00+00:00

Description

Two Homes on One Lot: A truly distinctive Indian Hills home. Set in one of Provo's most established and desirable neighborhoods, this exceptional property features a beautifully updated main residence plus a fully separate detached studio residence on the same lot. Originally built in 1967 and extensively remodeled in 2001, the main home combines timeless mid-century character with generous living spaces, vaulted ceilings, and impressive functionality. It's great for entertaining! Highlights include four main-level bedrooms, a large laundry room, multiple gathering areas, a large semi-formal dining room, oversized 2-car garage, and a chef's kitchen with granite countertops, cherry cabinetry, Sub-Zero refrigerator, gas range, warming oven, and abundant storage. The primary suite offers vaulted ceilings, dual closets, and a spacious bath with separate tub and shower. The detached studio residence is a rare asset with remarkable flexibility (it's not an ADU). Originally created as the studio of renowned artist Greg Olsen, it includes its own basement, bath, fireplace, loft, separate HVAC, and exceptional natural light throughout. Loft area could function as a library, bedroom, storage, or flex space. The private, fully fenced yard, large flagstone patio, valley views, and stunning sunset setting complete the experience. Brand new HVAC system for the main home installed May 2026. Art by current owner and local artist Val Boyes is displayed throughout and available for separate purchase. Square footage figures are provided as a courtesy estimate only and were obtained from an Appraisal. Buyer is advised to obtain an independent measurement.

Listed by Matt Evans · Summit Realty, Inc.

Location

3250 N MOHAWK LN, Provo, UT 84604

Proforma

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Cap Rate

1.20%

Cash-on-Cash

-9.27%

Cash Flow

-$4,345/mo

Purchase Price$1,500,000
Down Payment35% ($525,000)
Interest Rate6.00%
Monthly Rent$2,257/mo
Vacancy5%
Expense Ratio30% ($7,719)

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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, 6:36:35 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.