1016 1600, Lehi, UT 84043
4BD/—BA Residential in Lehi, UT 84043. 2,490 sqft. Built 1994. Listed at $569,000. MLS #2164612.
4BD/—BA Residential in Lehi, UT 84043. 2,490 sqft. Built 1994. Listed at $569,000. MLS #2164612.
For the first time since it was built, this cherished family home is ready for its next chapter. Lovingly maintained by the same family for decades, it has been the backdrop for countless memories, gatherings, and celebrations. Ideally situated in a quiet, established Lehi neighborhood, you'll enjoy convenient access to I-15, Thanksgiving Point, Silicon Slopes, FrontRunner, shopping, dining, parks, and recreation. Recent updates include new luxury vinyl plank flooring, updated lighting, updated plumbing fixtures, stainless steel appliances, and two beautifully remodeled bathrooms-one of which has never been used. The functional floor plan offers 4 bedrooms and 3 full bathrooms, providing comfortable living spaces for family and guests alike. Natural light fills the home, creating a warm and inviting atmosphere throughout. While some cosmetic updates still remain, the home has been lovingly maintained and offers an excellent opportunity for a new owner to add their own style and personal touches over time. The unfinished basement provides additional room to expand and customize the space to fit your needs. Combining a desirable location, thoughtful updates, room to grow, and years of pride of ownership, this home is ready to welcome its next family.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Tri/Multi-Level
Stories
4
Subdivision
STONEGATE
County
Utah
Zoning
Single-Family
Construction
Brick,Stucco
Lot Size
0.18 sq ft
Above Grade Area
1,287 sq ft
Condition
Blt./Standing
MLS #
2164612
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Tri/Multi-Level
Stories
4
Subdivision
STONEGATE
County
Utah
Zoning
Single-Family
Construction
Brick,Stucco
Lot Size
0.18 sq ft
Above Grade Area
1,287 sq ft
Condition
Blt./Standing
MLS #
2164612
List Price
$569,000
Annual Taxes
$2,062
Home Warranty
No
List Price
$569,000
Annual Taxes
$2,062
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet
Basement
Daylight,Partial
Materials
Brick,Stucco
Appliances
Ceiling Fan,Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary,Irrigation: Pressure
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet
Basement
Daylight,Partial
Materials
Brick,Stucco
Appliances
Ceiling Fan,Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary,Irrigation: Pressure
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Classification
Standard
Deal Score
50/100
vs Similar Homes
2% below
vs Market Median
1% above
Area Growth (YoY)
4.2%
Deal Score Breakdown
50/100
Priced 2% below the median of similar listings
4.2% year-over-year ZHVI growth in this area
Priced 1% above the per-subtype city median
LT net cashflow -$1,173/mo (-30.8% return on ownership cost) · STR net cashflow -$1,092/mo (-28.7% 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
$2,990/mo
Range: $1,784 – $4,197
Net Monthly Cash Flow
−$1,174 /mo (−$14,084/yr)
Monthly rental income
Monthly ownership cost
Coverage
79%
Net /mo
−$1,173
DSCR
0.92
Est. Annual Revenue
$46,496/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,092 /mo (−$13,104/yr)
Monthly STR income
Monthly ownership cost
Coverage
102%
Net /mo
−$1,092
DSCR
0.94
School District
Alpine
$575,900
-1% vs median
54 days
359
$307,900 – $3,950,000
$2,062
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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