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578 S WATERWAY RD photo 11 / 39
Single Family

$735,000

578 S WATERWAY RD, Lehi, UT 84043

Type

SFR

List Price

$735,000

Price/Sqft

$294

Est Gross Yield

3.3%

$24,300/yr est.

Property Details

Property typeSingle Family
Year built2022
Total units1
Living area2,501 sqft
Bedrooms4
Bathrooms3
Lot size0.23 acres
Parking2 spaces
Days on market0
Listed2026-08-06T00:00:00+00:00

Description

Rare opportunity to own a beautifully maintained home on a spacious .23-acre lot backing to protected open space with no backyard neighbors-ever and breathtaking mountain views. Inside, you'll love the bright, open layout highlighted by soaring vaulted ceilings that create an inviting, spacious feel. The thoughtfully designed floor plan features a main-level primary suite and main-floor laundry, offering the convenience of single-level living, while the dual-zone HVAC system provides independent climate control for the upstairs and downstairs. Step outside to your own private retreat. The backyard is designed for entertaining with a 14' x 24' pergola complete with electrical and outlets, plus power already run for a future hot tub. Whether you're hosting family and friends or enjoying a quiet evening, you'll appreciate the unmatched privacy, open space, and stunning mountain views that come with backing to a protected preserve. Additional upgrades include a smart irrigation system with rain sensors that automatically adjusts watering based on the weather, adding convenience and efficiency. With thoughtful upgrades, exceptional outdoor living, and a backyard setting that simply can't be replicated, this move-in-ready home offers the perfect balance of comfort, privacy, and everyday functionality.

Listed by Tyler Seager · Equity Real Estate (NRE)

Location

578 S WATERWAY RD, Lehi, UT 84043

Proforma

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Cap Rate

2.20%

Cash-on-Cash

-6.61%

Cash Flow

-$1,518/mo

Purchase Price$735,000
Down Payment35% ($257,250)
Interest Rate6.00%
Monthly Rent$2,025/mo
Vacancy5%
Expense Ratio30% ($6,926)

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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 8/6/2026, 7:04:35 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.