5902 CANYON RIM, Lehi, UT 84048
4BD/—BA Residential in Lehi, UT 84048. 3,826 sqft. Built 2026. Listed at $1,085,000. MLS #2143891.
4BD/—BA Residential in Lehi, UT 84048. 3,826 sqft. Built 2026. Listed at $1,085,000. MLS #2143891.
Stunning Summerwood floorplan in builders popular Transitional Architecture with over $216,000 in upgrades! Enjoy breathtaking mountain and valley views all around you in this spectacular home. This beautifully designed 4-bed home is set in the prestigious Canyon Point community on Traverse Mountain. The eye-catching exterior architecture in dark tones with black windows makes a bold first impression. Inside, you'll find a light-filled 2-story great room, A spacious gourmet kitchen with KitchenAid appliances including double ovens, 5-burner gas cooktop, and built in microwave. An 8' island, tile backsplash to the ceiling, quartz counters with a thick-edge profile, and high quality cabinets to the ceiling finish this kitchen beautifully. The main level features full luxury vinyl flooring, black open railing, and a striking 2-story contemporary fireplace. Includes a 3-car garage and a fully finished basement and laundry room includes high end cabinetry, Canyon Point offers luxury amenities including a resort-style clubhouse, beach-entry pool with lap lanes, tennis and basketball courts, multiple parks, and scenic trails connecting to the canyon. For the time being, Seller will contribute up to $25,000 toward a rate buydown OR take the Seller concession directly off the purchase price for cash offers, or buyers willing to use Sellers preferred lender. Contact the listing agent for full details! Expected Completion May 29th!
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
CANYON POINT
County
Utah
Zoning
Single-Family
Construction
Clapboard/Masonite
Lot Size
0.18 sq ft
Above Grade Area
2,570 sq ft
MLS #
2143891
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
CANYON POINT
County
Utah
Zoning
Single-Family
Construction
Clapboard/Masonite
Lot Size
0.18 sq ft
Above Grade Area
2,570 sq ft
MLS #
2143891
List Price
$1,085,000
Original Price
$1,131,515
HOA Fees
$104 / Monthly
Annual Taxes
$4,000
Home Warranty
No
List Price
$1,085,000
Original Price
$1,131,515
HOA Fees
$104 / Monthly
Annual Taxes
$4,000
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate,Tile
Basement
Full
Materials
Clapboard/Masonite
Water Source
Culinary,Irrigation
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate,Tile
Basement
Full
Materials
Clapboard/Masonite
Water Source
Culinary,Irrigation
Sewer
Sewer: Connected
View
Mountain(s)
Garage Spaces
3
Covered Spaces
3
Total Parking
8
Garage Spaces
3
Covered Spaces
3
Total Parking
8
Classification
Standard
Deal Score
50/100
vs Similar Homes
1% below
vs Market Median
4% above
Price Reduced
4.1%
Area Growth (YoY)
2.0%
Deal Score Breakdown
50/100
Priced 1% below the median of similar listings
4% price reduction from original list — seller may be motivated
Priced 4% above the per-subtype city median
2.0% year-over-year ZHVI growth in this area
LT net cashflow -$3,620/mo (-49.1% return on ownership cost) · STR net cashflow -$3,780/mo (-51.2% 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
$4,268/mo
Range: $3,496 – $5,041
Net Monthly Cash Flow
−$3,620 /mo (−$43,441/yr)
Monthly rental income
Monthly ownership cost
Coverage
58%
Net /mo
−$3,620
DSCR
0.68
Est. Annual Revenue
$61,644/yr
$364/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$3,781 /mo (−$45,373/yr)
Monthly STR income
Monthly ownership cost
Coverage
70%
Net /mo
−$3,780
DSCR
0.65
Best Download
280 Mbps
Best Upload
30 Mbps
Fiber Available
No
Providers
5
Available Providers
$575,000
+89% vs median
63 days
312
$309,900 – $3,950,000
$4,000
$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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