1878 CHACO, Lehi, UT 84048
5BD/—BA Residential in Lehi, UT 84048. 3,970 sqft. Built 2022. Listed at $925,000. MLS #2128990.
5BD/—BA Residential in Lehi, UT 84048. 3,970 sqft. Built 2022. Listed at $925,000. MLS #2128990.
Nestled against the hillside, this striking modern home offers refined living against a stunning mountain backdrop. Inside the open concept main level is filled with natural light and showcases 9 ft ceilings, upgraded flooring, recessed lighting and a thoughtfully designed living space perfect for both everyday living and entertaining. The chef's kitchen is a standout featuring custom cabinetry, large center island, high end appliances with double oven, gas cooktop, quartz countertops and stylish tile backsplash that adds character and charm. The primary suite offers a peaceful retreat with generous space, large windows and ensuite bath. Downstairs the fully finished basement provides a spacious family room with endless possibilities, 2 guest bedrooms and bath. Step outside to a private backyard with peaceful mountainside views. Enjoy community amenities such as clubhouse, pool, tennis and basketball courts, multiple parks and easy access to scenic trails.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
CANYON POINT
County
Utah
Zoning
Single-Family
Construction
Stucco,Cement Siding
Lot Size
0.26 sq ft
Above Grade Area
1,985 sq ft
Condition
Blt./Standing
MLS #
2128990
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
CANYON POINT
County
Utah
Zoning
Single-Family
Construction
Stucco,Cement Siding
Lot Size
0.26 sq ft
Above Grade Area
1,985 sq ft
Condition
Blt./Standing
MLS #
2128990
List Price
$925,000
Original Price
$1,000,000
HOA Fees
$104 / Monthly
Annual Taxes
$3,495
Home Warranty
No
List Price
$925,000
Original Price
$1,000,000
HOA Fees
$104 / Monthly
Annual Taxes
$3,495
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Full
Materials
Stucco,Cement Siding
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Private
View
Mountain(s),Valley
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Full
Materials
Stucco,Cement Siding
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Private
View
Mountain(s),Valley
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Why this is a deal
Classification
Standard
Deal Score
68/100
vs Similar Homes
9% above
vs Market Median
3% below
Price Reduced
7.5%
Area Growth (YoY)
2.0%
Deal Score Breakdown
68/100 · 1 qualifying signal
8% price reduction from original list — seller may be motivated
Priced 3% below the per-subtype city median
2.0% year-over-year ZHVI growth in this area
Priced 9% above the median of similar listings
LT net cashflow -$2,162/mo (-34.3% return on ownership cost) · STR net cashflow -$2,291/mo (-36.3% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
Monthly Rent
$4,715/mo
Range: $3,862 – $5,568
Net Monthly Cash Flow
−$2,162 /mo (−$25,941/yr)
Monthly rental income
Monthly ownership cost
Coverage
75%
Net /mo
−$2,162
DSCR
0.89
Est. Annual Revenue
$68,910/yr
$364/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$2,291 /mo (−$27,495/yr)
Monthly STR income
Monthly ownership cost
Coverage
91%
Net /mo
−$2,291
DSCR
0.86
Elementary
Traverse MountainMiddle School
Viewpoint Middle SchoolHigh School
SkyridgeSchool District
Alpine
Best Download
280 Mbps
Best Upload
30 Mbps
Fiber Available
No
Providers
4
Available Providers
$575,000
+61% vs median
63 days
312
$309,900 – $3,950,000
$3,495
$104/monthly
Low Crime
5.3
per 1,000
11.5
per 1,000
4.5
per 1,000
21.2
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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