Question 1

What is the asking price for 5886 CANYON RIM, Lehi?

Accepted Answer

5886 CANYON RIM, Lehi is listed at $1,042,000 ($297/sqft). The original list price was $1,147,440, representing a reduction of $105,440. Current status: Pending.

Question 2

How many bedrooms and bathrooms does 5886 CANYON RIM, Lehi have?

Accepted Answer

This Residential features 4 bedrooms, 4 bathrooms, 3,506 square feet of living space. It is a 3-story home. The lot is 0.18 acres.

Question 3

When was 5886 CANYON RIM, Lehi built?

Accepted Answer

This property was built in 2026, making it 0 years old. As a newer construction, it likely features modern building codes, energy-efficient systems, and contemporary finishes.

Question 4

What type of property is 5886 CANYON RIM, Lehi?

Accepted Answer

5886 CANYON RIM, Lehi is a Residential (Single Family Residence). The architectural style is Stories: 2. It is located in the CANYON POINT subdivision. Zoning: Single-Family.

Question 5

Does 5886 CANYON RIM, Lehi have a garage or parking?

Accepted Answer

Yes, this property includes a 3-car garage. Total parking capacity: 3 vehicles.

Question 6

Is there an HOA for 5886 CANYON RIM, Lehi?

Accepted Answer

Yes, this property is part of a homeowners association. HOA fees are $104 monthly. HOA fees typically cover shared amenities, landscaping, and community maintenance.

Question 7

What are the property taxes for 5886 CANYON RIM, Lehi?

Accepted Answer

Annual property taxes for this property are approximately $4,000 (about $333/month). This represents an effective tax rate of approximately 0.38% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 5886 CANYON RIM, Lehi?

Accepted Answer

Interior features include: Closet: Walk-In, Den/Office, Great Room, Oven: Double, Oven: Gas.  The home has 1 fireplace.   View: Mountain(s),Valley.

Question 9

Is 5886 CANYON RIM, Lehi a good deal?

Accepted Answer

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 22/100. Key deal signals: 9% price reduction from original list.  This analysis considers price relative to comparables, days on market, price reductions, and market conditions.

Question 10

Has the price been reduced on 5886 CANYON RIM, Lehi?

Accepted Answer

Yes, the price has been reduced by 9.2% from the original list price of $1,147,440 to the current price of $1,042,000 — a reduction of $105,440. Price reductions can indicate seller motivation or market adjustment.

Question 11

What would the monthly mortgage payment be for 5886 CANYON RIM, Lehi?

Accepted Answer

At the current 30-year mortgage rate of 6.11% with 20% down, the estimated monthly principal and interest payment is $5,057. Including estimated taxes and HOA fees, the total monthly cost is approximately $5,494. A 15-year mortgage at 5.50% would be $6,811/month but saves significantly on interest. These are estimates — contact a lender for a personalized quote.

Question 12

How long has 5886 CANYON RIM, Lehi been on the market?

Accepted Answer

This property has been listed for 20 days. The average days on market in Lehi is 68 days, meaning this listing is moving faster than the local average.

Question 13

Is 5886 CANYON RIM, Lehi a good investment property?

Accepted Answer

Based on market rental data, this property has an estimated annual rent of $28,431 with a gross rental yield of 2.7%. Net rental yield (after estimated expenses): 1.8%.  Estimated debt service coverage ratio (DSCR): 0.35. Investor score: 20/100. These are estimates based on area comparables.

Question 14

What is the estimated rental income for 5886 CANYON RIM, Lehi?

Accepted Answer

Based on area comparables, the estimated monthly rent for this property is $2,369 ($28,428/year). The gross rent multiplier is 36.6x (lower is generally better for investors). Actual rental income will depend on property condition, local demand, and management approach.

Question 15

What lifestyle features does 5886 CANYON RIM, Lehi offer?

Accepted Answer

Propaired's AI has identified 4 lifestyle features for this property: Pool, Farm/Ranch, Luxury Estate, Historic/Character. The primary lifestyle niche is "luxury_estate." These tags are derived from MLS data, property features, and location analysis.

Question 16

Is 5886 CANYON RIM, Lehi near skiing?

Accepted Answer

This property is within reach of skiing. Snowbird Ski and Summer Resort is 12.8 miles away. Utah's world-class resorts offer 500+ inches of annual snowfall and "The Greatest Snow on Earth."

Question 17

Does 5886 CANYON RIM, Lehi have a pool?

Accepted Answer

Yes, this property includes a private pool.  Utah summers can reach 100°F+, making a pool a valuable amenity. Consider seasonal maintenance costs of approximately $2,000-$4,000/year for a Utah pool.

Question 18

What makes 5886 CANYON RIM, Lehi a luxury property?

Accepted Answer

This property is classified as a luxury estate based on its price point, features, and location. At 3,506 sqft on 0.18 acres, it offers premium living.    Luxury properties in Utah benefit from no state estate tax and relatively low property tax rates.

Question 19

How much land comes with 5886 CANYON RIM, Lehi?

Accepted Answer

This property sits on 0.18 acres. It is suitable for farming or ranching use.  Water source: Culinary. Large-acreage properties in Utah may have water rights and mineral rights considerations — verify with a real estate attorney.

Question 20

What recreation is near 5886 CANYON RIM, Lehi?

Accepted Answer

This property has a recreation score of 70/100. Nearby recreation includes: Flight Park trailhead (1.3 mi); Toscana Hills Park park (1.0 mi); Thanksgiving Point Golf Course (2.6 mi); Flight Park State Recreation Area (1.3 mi); Capitol Reef NP — Cathedral Valley (144.8 mi). Skiing: Snowbird Ski and Summer Resort (12.8 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

Question 21

Are there hiking trails near 5886 CANYON RIM, Lehi?

Accepted Answer

Yes, the nearest trailhead is Flight Park, just 1.3 miles from the property. Flight Park State Recreation Area is 1.3 miles away. Utah has over 10,000 miles of hiking trails across its diverse terrain, from desert canyons to alpine meadows.

Question 22

What schools serve 5886 CANYON RIM, Lehi?

Accepted Answer

Assigned schools: Elementary: Traverse Mountain; Middle: Lehi; High: Skyridge.   School district: Alpine.

Question 23

How does this listing compare to the Lehi market?

Accepted Answer

5886 CANYON RIM, Lehi is listed at $1,042,000, which is above the Lehi median of $570,000 by $472,000. There are currently 240 active listings in Lehi. Homes in Lehi sell in an average of 68 days. The average sale-to-list ratio is 98.7%.

Question 24

What is the Lehi neighborhood like?

Accepted Answer

High-growth tech hub south of Salt Lake. Home to major tech companies, new neighborhoods, excellent schools, family-oriented. Rapid development and job opportunities. Lehi is known for: tech-hub, growing, excellent-schools, family-friendly. Population: approximately 68,000. Explore the full Lehi market data and community guide on Propaired.

Question 25

How does this price compare to the Utah state average?

Accepted Answer

At $1,042,000, this property is above the Utah state median of $510,000 by $532,000. Lehi prices are 12% above the state average. Utah's housing market varies significantly by region — front-range cities near SLC are typically more expensive than rural areas.

Question 26

What is the Propaired intelligence score for 5886 CANYON RIM, Lehi?

Accepted Answer

This property has a Propaired intelligence score of 48/100, combining deal value (22), recreation access (70), amenity proximity (N/A), broadband quality (N/A), and lifestyle features (4 tags). This composite score helps buyers quickly identify properties that match their priorities.

Question 27

What heating and cooling systems does 5886 CANYON RIM, Lehi have?

Accepted Answer

Heating: Forced Air. Cooling: Central Air. Modern HVAC systems typically last 15-20 years with proper maintenance. Utah's climate ranges from sub-zero winters to 100°F+ summers, making reliable heating and cooling essential.

Question 28

What type of roof does 5886 CANYON RIM, Lehi have?

Accepted Answer

The roof material is Asphalt. Asphalt shingles typically last 20-30 years in Utah's climate. With a 0-year-old home, reviewing recent roof inspections is recommended.

Question 29

Does 5886 CANYON RIM, Lehi have a basement?

Accepted Answer

Yes, the basement is described as: Full. Basements in Utah are common and add versatile living or storage space. Check for any signs of moisture or foundation issues during the home inspection.

Question 30

What is 5886 CANYON RIM, Lehi constructed from?

Accepted Answer

Construction materials include: Brick,Cement Siding. Brick construction is durable and low-maintenance, offering excellent insulation and fire resistance.

Question 31

What type of flooring does 5886 CANYON RIM, Lehi have?

Accepted Answer

Flooring types include: Carpet,Laminate,Tile.  Tile flooring is durable and ideal for high-traffic areas and bathrooms. Carpeted areas provide warmth and comfort, especially in bedrooms.

Question 32

What are the water and sewer connections for 5886 CANYON RIM, Lehi?

Accepted Answer

Water source: Culinary. Sewer: Sewer: Connected.   Water is a critical consideration in Utah's arid climate.

Question 33

What is the commute like from 5886 CANYON RIM, Lehi?

Accepted Answer

5886 CANYON RIM, Lehi is located in Lehi, in the Wasatch Front region of Utah. With a population of approximately 68,000, Lehi offers a residential setting. Commute times vary by destination — most Wasatch Front cities are within 30-60 minutes of downtown Salt Lake City via I-15. Consider rush-hour traffic patterns when evaluating this location.

Question 34

What is the Lehi community like?

Accepted Answer

Lehi is known for: tech-hub, growing, excellent-schools, family-friendly, new-development. The city has approximately 68,000 residents. The median home price in Lehi is $520,000. Explore the full Lehi community profile on Propaired for detailed neighborhood insights.

Question 35

Is Lehi a safe and family-friendly area?

Accepted Answer

Lehi is characterized as: family-friendly. With a population of about 68,000, Lehi offers a family-oriented environment. For detailed crime statistics and neighborhood safety data, consult local law enforcement resources and community reports.

Question 36

What would homeowner's insurance cost for 5886 CANYON RIM, Lehi?

Accepted Answer

Homeowner's insurance in Utah typically ranges from 0.3% to 0.5% of the home's value annually. For a home listed at $1,042,000, expect approximately $3,126-$5,210/year ($261-$434/month).   Get multiple quotes — rates vary significantly by insurer.

Question 37

What are the estimated closing costs for 5886 CANYON RIM, Lehi?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $1,042,000, expect approximately $20,840-$52,100 in closing costs. This includes title insurance, escrow fees, lender fees, recording fees, and prepaid items (insurance, taxes). Buyers should also budget for a home inspection ($300-$500), appraisal ($400-$600), and any lender-required reserves.

Question 38

How does the property tax compare to the list price at 5886 CANYON RIM, Lehi?

Accepted Answer

The annual property tax of $4,000 represents an effective rate of 0.38% relative to the list price of $1,042,000. This is below the Utah average effective rate of approximately 0.58%, which is favorable for the buyer. Property taxes in Utah are assessed by the county and can change when the property is sold.

Question 39

What are the total estimated monthly costs for 5886 CANYON RIM, Lehi?

Accepted Answer

Estimated total monthly housing cost: $5,841. This includes principal & interest ($5,057 at 6.11% with 20% down), property tax ($333/mo), HOA ($104/mo), and estimated insurance (~$347/mo). Actual costs will vary based on your down payment, credit score, and insurance quotes.

Question 40

Is 5886 CANYON RIM, Lehi eligible for FHA or VA financing?

Accepted Answer

At $1,042,000, this property may exceed standard FHA loan limits and could require a conventional or jumbo loan. VA loans have no price cap but require VA eligibility.    Consult a mortgage lender for personalized eligibility.

Question 41

What is the estimated cap rate for 5886 CANYON RIM, Lehi?

Accepted Answer

The estimated cap rate (net rental yield) for this property is 1.8%, based on estimated annual rent of $28,431 and a purchase price of $1,042,000. Lower cap rates often indicate appreciation-focused markets where property values are expected to rise.

Question 42

Is Lehi a good rental market?

Accepted Answer

Estimated monthly rent in Lehi is approximately $2,185. Homes in Lehi sell in an average of 68 days, indicating moderate demand in this market. There are 240 active listings currently. Gross rental yield in this area: 2.7%. Utah's steady population growth continues to drive rental demand.

Question 43

Could 5886 CANYON RIM, Lehi be a 1031 exchange property?

Accepted Answer

Yes, 5886 CANYON RIM, Lehi could potentially qualify for a 1031 like-kind exchange if used as an investment or business property. A 1031 exchange allows deferral of capital gains taxes by reinvesting proceeds from one investment property into another. Key requirements include identifying a replacement property within 45 days and closing within 180 days. The property must be held for investment purposes — personal residences do not qualify. Consult a qualified intermediary and tax advisor for specific guidance.

Question 44

Is the Lehi neighborhood appreciating in value?

Accepted Answer

Based on Zillow Home Value Index data, property values in this area have appreciated 2.1% over the past year. The current Zillow Home Value Index for this area is $560,702. This listing is priced at 186% of the ZHVI estimate. Past appreciation is not a guarantee of future performance.

Question 45

What is the price trend in Lehi?

Accepted Answer

Lehi's median price has increased 7.1% month-over-month. Current median: $570,000. Days on market have decreased by 34.0% month-over-month. Homes are selling at 98.7% of list price on average. Monitor these trends to time your offer strategically.

Question 46

What school district is 5886 CANYON RIM, Lehi in?

Accepted Answer

This property is in the Alpine school district. Assigned elementary: Traverse Mountain. Assigned middle: Lehi. Assigned high: Skyridge. School district boundaries can affect property values by 5-15%. Contact the district directly to confirm current enrollment boundaries, as they may change.

Question 47

What parks are near 5886 CANYON RIM, Lehi?

Accepted Answer

The nearest local park is Toscana Hills Park (1.0 miles away). The nearest state park is Flight Park State Recreation Area (1.3 miles). Nearest national park: Capitol Reef NP — Cathedral Valley (144.8 miles). Parks and green spaces contribute to quality of life and are a positive factor for property values.

Question 48

Is there a golf course near 5886 CANYON RIM, Lehi?

Accepted Answer

The nearest golf course is Thanksgiving Point Golf Course, 2.6 miles from the property. Utah has over 80 golf courses statewide with a season running from March through November in most areas. Close proximity to a golf course is a desirable feature that can enhance property value.

Question 49

What water activities are near 5886 CANYON RIM, Lehi?

Accepted Answer

Water recreation near this property includes: Utah Lake (17.3 mi); boat ramp at Saratoga Springs (7.8 mi); fishing at Provo River (18.3 mi).  Utah offers diverse water recreation from mountain reservoirs to desert lakes. Popular activities include boating, kayaking, paddle boarding, and fishing — a Utah fishing license is required for anglers.

Question 50

Is 5886 CANYON RIM, Lehi move-in ready?

Accepted Answer

As new construction, this home is expected to be move-in ready with modern finishes and warranties.

Question 51

Does 5886 CANYON RIM, Lehi come with a home warranty?

Accepted Answer

No home warranty is currently included with this property. Buyers can request a home warranty as part of the purchase negotiation — they typically cost $400-$700/year and cover major systems and appliances. This is especially valuable for older homes.

Question 52

What is the lot like at 5886 CANYON RIM, Lehi?

Accepted Answer

The lot is 0.18 acres. Lot features: Curb & Gutter,Road: Paved,Sprinkler: Auto-Part,View: Mountain,View: Valley,Drip Irrigation: Auto-Part. Terrain: Curb & Gutter, Road: Paved, Sprinkler: Auto-Part, View: Mountain, View: Valley, Drip Irrigation: Auto-Part. Views: Mountain(s),Valley.  Lot characteristics affect usability, privacy, and future improvement potential.

Question 53

What utilities are available at 5886 CANYON RIM, Lehi?

Accepted Answer

Available utilities include: Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected. Water source: Culinary. Sewer: Sewer: Connected. Utility costs in Utah vary by season — expect higher heating bills in winter and cooling costs in summer. Contact local utility providers for average monthly cost estimates for this address.

Question 54

Is 5886 CANYON RIM, Lehi a historic or character home?

Accepted Answer

This property has been identified as a historic or character home, meaning it features distinctive architectural details, craftsmanship, or historical significance. Built in 2026, it represents mid-century design elements. Architectural style: Stories: 2. Historic homes may qualify for preservation tax credits. Consider potential limitations on exterior modifications if in a historic district.

5886 CANYON RIM, Lehi, UT 84048

5886 N CANYON RIM RD #622, Lehi, UT 84048

About This Property

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