2137 NORTHRIDGE, Lehi, UT 84048
5BD/—BA Residential in Lehi, UT 84048. 3,104 sqft. Built 2020. Listed at $740,000. MLS #2155634.
5BD/—BA Residential in Lehi, UT 84048. 3,104 sqft. Built 2020. Listed at $740,000. MLS #2155634.
**Block Party Open House, Saturday, May 30th 11-1p.m.** Beautiful Lehi home with stunning valley views in a highly desirable neighborhood, ideally situated above the inversion for cleaner air and clearer skies. This home offers thoughtful upgrades and a functional layout designed for comfortable living. Features include an A.O. Smith water softener with multi-stage filtration and UV filter, radon mitigation system, Ring security system with 6 cameras, and a 50-amp EV charger. The home is filled with natural light, featuring an open-concept layout that seamlessly connects the family room and kitchen. Large windows throughout bring in abundant natural light and showcase stunning views. Upstairs bedrooms each include walk-in closets, with one bedroom showcasing beautiful views of nearby hiking trails. The spacious primary bathroom is bright and open, and the laundry room offers ample storage. A large dedicated office provides flexibility for work or additional living space. Enjoy outdoor living with an extended driveway, gas fire pit, sand pit, lavender bushes, and a charming French-style walkway. A large circular patio under the deck features a unique tipi swing area, perfect for relaxing or entertaining. The walkout basement includes a wet bar with sink, adding additional gathering space. Located within walking distance to multiple parks, this home also offers access to HOA amenities including a pool, tennis courts, and clubhouse. Conveniently situated near Silicon Slopes, Thanksgiving Point, shopping, dining, and with quick access to I-15 and Timpanogos Highway, this property combines comfort, location, and lifestyle. Square footage figures are provided as a courtesy estimate only and were obtained from County Records. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
RIDGE
County
Utah
Zoning
Single-Family
Construction
Asphalt,Stone,Stucco,Cement Siding
Lot Size
0.12 sq ft
Above Grade Area
2,071 sq ft
Condition
Blt./Standing
MLS #
2155634
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
RIDGE
County
Utah
Zoning
Single-Family
Construction
Asphalt,Stone,Stucco,Cement Siding
Lot Size
0.12 sq ft
Above Grade Area
2,071 sq ft
Condition
Blt./Standing
MLS #
2155634
List Price
$740,000
HOA Fees
$94 / Monthly
Annual Taxes
$2,969
Home Warranty
No
List Price
$740,000
HOA Fees
$94 / Monthly
Annual Taxes
$2,969
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet
Basement
Entrance,Full
Materials
Asphalt,Stone,Stucco,Cement Siding
Appliances
Ceiling Fan,Dryer,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary,Irrigation
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet
Basement
Entrance,Full
Materials
Asphalt,Stone,Stucco,Cement Siding
Appliances
Ceiling Fan,Dryer,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary,Irrigation
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Garage Spaces
2
Covered Spaces
2
Total Parking
4
Garage Spaces
2
Covered Spaces
2
Total Parking
4
Why this is a deal
Classification
Standard
Deal Score
62/100
vs Similar Homes
2% above
vs Market Median
4% below
Area Growth (YoY)
5.2%
Deal Score Breakdown
62/100 · 1 qualifying signal
5.2% year-over-year ZHVI growth in this area
Priced 4% below the per-subtype city median
Priced 2% above the median of similar listings
LT net cashflow -$2,296/mo (-45.3% return on ownership cost) · STR net cashflow -$1,681/mo (-33.2% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
No price reduction from original list
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
$3,148/mo
Range: $2,200 – $4,096
Net Monthly Cash Flow
−$2,296 /mo (−$27,552/yr)
Monthly rental income
Monthly ownership cost
Coverage
62%
Net /mo
−$2,296
DSCR
0.74
Est. Annual Revenue
$58,025/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,683 /mo (−$20,191/yr)
Monthly STR income
Monthly ownership cost
Coverage
95%
Net /mo
−$1,681
DSCR
0.91
Elementary
Traverse MountainMiddle School
Viewpoint Middle SchoolHigh School
LehiSchool District
Alpine
Best Download
1 Gbps
Best Upload
1 Gbps
Fiber Available
No
Providers
9
Available Providers
$575,900
+28% vs median
54 days
359
$307,900 – $3,950,000
$2,969
$94/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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