5885 CANYON RIM, Lehi, UT 84048
5BD/—BA Residential in Lehi, UT 84048. 4,680 sqft. Built 2026. Listed at $1,279,900. MLS #2169160.
5BD/—BA Residential in Lehi, UT 84048. 4,680 sqft. Built 2026. Listed at $1,279,900. MLS #2169160.
If you've been waiting for the right home in Traverse Mountain, this is the moment-and it won't last. Located in the final phase of Canyon Point, this is one of the last opportunities to own a brand-new home in this highly sought-after community, where demand continues to outpace supply and remaining homes are quickly disappearing. Set on a premium canyon homesite, this stunning farmhouse two-story was intentionally designed to capture breathtaking valley views while offering the perfect balance of luxury, comfort, and everyday functionality. The highly desirable Sage floor plan features a main-level owner's suite and an open-concept layout highlighted by soaring ceilings and a dramatic two-story fireplace with custom shiplap detail that creates an unforgettable first impression. The home is loaded with upgrades that today's buyers are actively searching for but rarely find in one property. Enjoy a covered deck with sweeping valley views, a fully finished walkout basement ideal for entertaining or multi- generational living, and a highly coveted four-car garage. The exterior is elevated with striking black windows, adding a modern farmhouse aesthetic that stands out instantly. Inside, the gourmet kitchen is designed to impress with a premium KitchenAid appliance package, cabinetry extended to the ceiling, and tile carried all the way up for a clean, high-end finish. Quartz countertops are featured throughout, including a large island, while designer gold-finish pendants and faucets add warmth and sophistication. The owner's suite delivers a true retreat experience, complete with an on suite bath that includes a walk in shower and a Maxx Brioso freestanding tub. Situated on a spacious .22-acre lot, this home provides a level of space and privacy that is becoming increasingly rare along the Wasatch Front. With completion scheduled for early August, this home is perfectly timed to hit the market as buyer demand peaks. And with Canyon Point nearing full build-out, opportunities like this are quickly vanishing. Living in Canyon Point means enjoying one of the Wasatch Front's last hidden gems, where hiking and biking trails begin right outside your door, a peaceful mountain setting surrounds you, and yet shopping, dining, and top-rated schools are just minutes away. Residents also enjoy access to a luxury clubhouse, fitness center, resort-style pool, and sport courts, creating a lifestyle that is difficult to replicate. Contact the primary listing agent and visit the model home today to experience the builder's finishes firsthand and learn more about the property-because once this home is complete, expect strong traffic and fast movement. Builder willing to pay for a 5%, 30 year fixed interest rate for buyers qualified to close within 30 days! Certain terms and conditions apply, contact listing agent for additional information.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
CANYON POINT
County
Utah
Zoning
Single-Family
Construction
Brick,Cement Siding
Lot Size
0.22 sq ft
Above Grade Area
2,876 sq ft
MLS #
2169160
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
CANYON POINT
County
Utah
Zoning
Single-Family
Construction
Brick,Cement Siding
Lot Size
0.22 sq ft
Above Grade Area
2,876 sq ft
MLS #
2169160
List Price
$1,279,900
HOA Fees
$104
Home Warranty
No
List Price
$1,279,900
HOA Fees
$104
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Walk-Out Access
Materials
Brick,Cement Siding
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s),Valley
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Walk-Out Access
Materials
Brick,Cement Siding
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s),Valley
Garage Spaces
4
Covered Spaces
4
Total Parking
4
Garage Spaces
4
Covered Spaces
4
Total Parking
4
Classification
Standard
Deal Score
30/100
vs Similar Homes
14% above
vs Market Median
1% above
Area Growth (YoY)
2.2%
Deal Score Breakdown
30/100
Priced 1% above the per-subtype city median
2.2% year-over-year ZHVI growth in this area
Priced 14% above the median of similar listings
LT net cashflow -$3,710/mo (-45.0% return on ownership cost) · STR net cashflow -$4,893/mo (-59.4% 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.
Monthly Rent
$5,143/mo
Range: $3,480 – $6,805
Net Monthly Cash Flow
−$3,709 /mo (−$44,512/yr)
Monthly rental income
Monthly ownership cost
Coverage
62%
Net /mo
−$3,710
DSCR
0.70
Est. Annual Revenue
$57,300/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$4,894 /mo (−$58,732/yr)
Monthly STR income
Monthly ownership cost
Coverage
58%
Net /mo
−$4,893
DSCR
0.52
Best Download
280 Mbps
Best Upload
30 Mbps
Fiber Available
No
Providers
5
Available Providers
$585,000
+119% vs median
53 days
338
$307,900 – $3,950,000
$104/mo
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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