866 PEARL, Lehi, UT 84048
6BD/—BA Residential in Lehi, UT 84048. 4,584 sqft. Built 2022. Listed at $1,499,900. MLS #2163331.
6BD/—BA Residential in Lehi, UT 84048. 4,584 sqft. Built 2022. Listed at $1,499,900. MLS #2163331.
Experience exceptional privacy, breathtaking mountain views, and an unmatched lifestyle in the heart of Silicon Slopes. Backing to protected wetlands with no rear neighbors, this professionally designed residence offers a rare combination of open space, natural beauty, and refined living. Inspired by Architectural Digest, the home features soaring ceilings, expansive picture windows, and thoughtfully curated interiors that seamlessly blend modern design with warmth and functionality. The stunning chef's kitchen serves as the heart of the home, showcasing a massive quartz island, custom cabinetry, designer lighting, double ovens, open shelving, and effortless flow into the surrounding living and dining spaces. Walls of glass frame unobstructed Wasatch Mountain views and flood the home with natural light. The dramatic great room features two-story ceilings, a statement fireplace, and oversized windows that bring the outdoors in. Multiple gathering spaces throughout the home provide exceptional flexibility for entertaining, including a spacious lower-level family room, dedicated theater room, home gym, and a beautifully designed music room with custom coffered ceiling details and panoramic views. Outdoor living is equally impressive. The backyard is a private retreat designed for wellness and recreation, complete with a private pump track, sauna, outdoor shower, cold plunge, and an expansive 60-foot deck ideal for entertaining or simply enjoying the peaceful surroundings. Covered outdoor living space below the deck creates year-round enjoyment while preserving the incredible mountain backdrop. Additional highlights include an oversized RV garage, a remarkable walk-in closet with its own washer and dryer, dual-zone HVAC, a 9.6 kW solar system, EV charger, and a 220V outlet in the garage. Ideally located just minutes from I-15, Silicon Slopes, top-rated schools, dining, and shopping, with world-class skiing and outdoor recreation within easy reach.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
SPRING RANCH
County
Utah
Zoning
Single-Family
Construction
Composition,Stucco
Lot Size
0.27 sq ft
Above Grade Area
2,662 sq ft
Condition
Blt./Standing
MLS #
2163331
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
SPRING RANCH
County
Utah
Zoning
Single-Family
Construction
Composition,Stucco
Lot Size
0.27 sq ft
Above Grade Area
2,662 sq ft
Condition
Blt./Standing
MLS #
2163331
List Price
$1,499,900
Original Price
$1,599,900
HOA Fees
$55 / Monthly
Annual Taxes
$4,258
Home Warranty
No
List Price
$1,499,900
Original Price
$1,599,900
HOA Fees
$55 / Monthly
Annual Taxes
$4,258
Home Warranty
No
Heating
Forced Air,Gas: Stove,Active Solar
Cooling
Central Air
Roof
Asphalt
Basement
Full,Walk-Out Access
Materials
Composition,Stucco
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary,Secondary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Stove,Active Solar
Cooling
Central Air
Roof
Asphalt
Basement
Full,Walk-Out Access
Materials
Composition,Stucco
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary,Secondary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
5
Covered Spaces
5
Total Parking
5
Garage Spaces
5
Covered Spaces
5
Total Parking
5
Why this is a deal
Classification
Standard
Deal Score
67/100
vs Similar Homes
159% above
vs Market Median
52% above
Price Reduced
6.3%
Area Growth (YoY)
5.1%
Deal Score Breakdown
67/100 · 2 qualifying signals
5.1% year-over-year ZHVI growth in this area
6% price reduction from original list — seller may be motivated
Priced 159% above the median of similar listings
Priced 52% above the per-subtype city median
LT net cashflow -$5,357/mo (-53.6% return on ownership cost) · STR net cashflow -$6,413/mo (-64.2% 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
$5,260/mo
Range: $2,162 – $8,357
Net Monthly Cash Flow
−$5,357 /mo (−$64,285/yr)
Monthly rental income
Monthly ownership cost
Coverage
53%
Net /mo
−$5,357
DSCR
0.61
Est. Annual Revenue
$61,253/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$6,413 /mo (−$76,952/yr)
Monthly STR income
Monthly ownership cost
Coverage
51%
Net /mo
−$6,413
DSCR
0.47
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$575,900
+160% vs median
54 days
359
$307,900 – $3,950,000
$4,258
$55/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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