Question 1

What is the asking price for 4445 MILLRACE, Oakley?

Accepted Answer

4445 MILLRACE, Oakley is listed at $8,000,000 ($1322/sqft).  Current status: Expired.

Question 2

How many bedrooms and bathrooms does 4445 MILLRACE, Oakley have?

Accepted Answer

This Residential features 4 bedrooms, 5 bathrooms, 6,052 square feet of living space. It is a 2-story home. The lot is 20.8 acres.

Question 3

When was 4445 MILLRACE, Oakley built?

Accepted Answer

This property was built in 2005, making it 21 years old. Built in the early 2000s, the home benefits from modern construction standards and may have updated systems.

Question 4

What type of property is 4445 MILLRACE, Oakley?

Accepted Answer

4445 MILLRACE, Oakley is a Residential (Single Family Residence).  It is located in the OAKLEY TOWN subdivision. Zoning: Single-Family.

Question 5

Does 4445 MILLRACE, Oakley have a garage or parking?

Accepted Answer

Yes, this property includes a 3-car garage. Total parking capacity: 3 vehicles.

Question 6

Is there an HOA for 4445 MILLRACE, Oakley?

Accepted Answer

No, this property is not part of a homeowners association, which means no monthly HOA fees. Homeowners maintain full control over their property without HOA restrictions or assessments.

Question 7

What are the property taxes for 4445 MILLRACE, Oakley?

Accepted Answer

Annual property taxes for this property are approximately $1,556 (about $130/month). This represents an effective tax rate of approximately 0.02% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 8

What are the key features of 4445 MILLRACE, Oakley?

Accepted Answer

Interior features include: Bar: Wet, Bath: Primary, Bath: Sep. Tub/Shower, Closet: Walk-In, Den/Office. Exterior features include: Balcony, Barn, Horse Property, Skylights, Sliding Glass Doors. The home has 3 fireplaces.   View: Mountain(s).

Question 9

How long has 4445 MILLRACE, Oakley been on the market?

Accepted Answer

This property has been listed for 99 days. The average days on market in Oakley is 152 days, meaning this listing is moving faster than the local average. Extended time on market may present negotiation opportunities for buyers.

Question 10

Is 4445 MILLRACE, Oakley suitable for horses?

Accepted Answer

Yes, this property is tagged as equestrian-friendly. The MLS listing confirms horse keeping is permitted. The 20.8-acre lot provides space for pasture and facilities. Check with the local municipality for any animal keeping permits required.

Question 11

Is 4445 MILLRACE, Oakley a waterfront property?

Accepted Answer

Yes, this is a waterfront property. The property offers Mountain(s) views.  Waterfront properties in Utah are rare and typically command premium valuations.

Question 12

What schools serve 4445 MILLRACE, Oakley?

Accepted Answer

Assigned schools: Elementary: South Summit; Middle: South Summit; High: South Summit.   School district: South Summit.

Question 13

What high school is near 4445 MILLRACE, Oakley?

Accepted Answer

The nearest high school is South Summit. View the full school profile on Propaired for test scores, enrollment, and student-to-teacher ratios.

Question 14

What elementary school is near 4445 MILLRACE, Oakley?

Accepted Answer

The nearest elementary school is South Summit. Propaired provides full school ratings and comparison data for all schools in this area.

Question 15

What middle school is near 4445 MILLRACE, Oakley?

Accepted Answer

The nearest middle school is South Summit.

Question 16

How does this listing compare to the Oakley market?

Accepted Answer

4445 MILLRACE, Oakley is listed at $8,000,000, which is above the Oakley median of $780,000 by $7,220,000. There are currently 12 active listings in Oakley. Homes in Oakley sell in an average of 152 days. The average sale-to-list ratio is 92.5%.

Question 17

What is the Oakley real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Oakley is $780,000. There are currently 12 active listings. Homes sell in an average of 152 days. The average sale-to-list ratio is 92.5%. This listing at $8,000,000 is above the Oakley 2026 median.

Question 18

Are there other homes for sale in Oakley?

Accepted Answer

Yes — there are currently 12 active listings in Oakley. Browse all Oakley homes for sale at propaired.ai/listings/ut/oakley. Prices range around a median of $780,000. Homes in Oakley are selling in about 152 days on average.

Question 19

How does this price compare to the Utah state average?

Accepted Answer

At $8,000,000, this property is above the Utah state median of $510,000 by $7,490,000. Oakley prices are 53% above the state average. Utah's housing market varies significantly by region — front-range cities near SLC are typically more expensive than rural areas.

Question 20

What heating and cooling systems does 4445 MILLRACE, Oakley have?

Accepted Answer

Heating: Forced Air,Gas: Central,Wood. Cooling: Central Air. Modern HVAC systems typically last 15-20 years with proper maintenance. Utah's climate ranges from sub-zero winters to 100°F+ summers, making reliable heating and cooling essential.

Question 21

What type of roof does 4445 MILLRACE, Oakley have?

Accepted Answer

The roof material is Wood. Ask the listing agent about the roof's age and any recent repairs. With a 21-year-old home, reviewing recent roof inspections is recommended.

Question 22

Does 4445 MILLRACE, Oakley have a basement?

Accepted Answer

Yes, the basement is described as: None. Basements in Utah are common and add versatile living or storage space. Check for any signs of moisture or foundation issues during the home inspection.

Question 23

What is 4445 MILLRACE, Oakley constructed from?

Accepted Answer

Construction materials include: Concrete,Stone,Other. Stone construction provides exceptional durability and a premium aesthetic.

Question 24

What type of flooring does 4445 MILLRACE, Oakley have?

Accepted Answer

Flooring types include: Hardwood,Tile. Hardwood floors are a premium feature that adds lasting value and can be refinished multiple times. Tile flooring is durable and ideal for high-traffic areas and bathrooms.

Question 25

What are the water and sewer connections for 4445 MILLRACE, Oakley?

Accepted Answer

Water source: Culinary,Irrigation. Sewer: Sewer: Public.  Municipal sewer service means no septic maintenance costs. Water is a critical consideration in Utah's arid climate.

Question 26

What would homeowner's insurance cost for 4445 MILLRACE, Oakley?

Accepted Answer

Homeowner's insurance in Utah typically ranges from 0.3% to 0.5% of the home's value annually. For a home listed at $8,000,000, expect approximately $24,000-$40,000/year ($2,000-$3,333/month).   Get multiple quotes — rates vary significantly by insurer.

Question 27

What are the estimated closing costs for 4445 MILLRACE, Oakley?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $8,000,000, expect approximately $160,000-$400,000 in closing costs. This includes title insurance, escrow fees, lender fees, recording fees, and prepaid items (insurance, taxes). Buyers should also budget for a home inspection ($300-$500), appraisal ($400-$600), and any lender-required reserves.

Question 28

How does the property tax compare to the list price at 4445 MILLRACE, Oakley?

Accepted Answer

The annual property tax of $1,556 represents an effective rate of 0.02% relative to the list price of $8,000,000. This is below the Utah average effective rate of approximately 0.58%, which is favorable for the buyer. Property taxes in Utah are assessed by the county and can change when the property is sold.

Question 29

Is 4445 MILLRACE, Oakley eligible for FHA or VA financing?

Accepted Answer

At $8,000,000, this property may exceed standard FHA loan limits and could require a conventional or jumbo loan. VA loans have no price cap but require VA eligibility.    Consult a mortgage lender for personalized eligibility.

Question 30

Could 4445 MILLRACE, Oakley be a 1031 exchange property?

Accepted Answer

Yes, 4445 MILLRACE, Oakley could potentially qualify for a 1031 like-kind exchange if used as an investment or business property. A 1031 exchange allows deferral of capital gains taxes by reinvesting proceeds from one investment property into another. Key requirements include identifying a replacement property within 45 days and closing within 180 days. The property must be held for investment purposes — personal residences do not qualify. Consult a qualified intermediary and tax advisor for specific guidance.

Question 31

What is the price trend in Oakley?

Accepted Answer

Oakley's median price has increased 20.0% month-over-month. Current median: $780,000. Days on market have decreased by 22.5% month-over-month. Homes are selling at 92.5% of list price on average. Monitor these trends to time your offer strategically.

Question 32

What school district is 4445 MILLRACE, Oakley in?

Accepted Answer

This property is in the South Summit school district. Assigned elementary: South Summit. Assigned middle: South Summit. Assigned high: South Summit. School district boundaries can affect property values by 5-15%. Contact the district directly to confirm current enrollment boundaries, as they may change.

Question 33

Is 4445 MILLRACE, Oakley move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 34

Does 4445 MILLRACE, Oakley come with a home warranty?

Accepted Answer

No home warranty is currently included with this property. Buyers can request a home warranty as part of the purchase negotiation — they typically cost $400-$700/year and cover major systems and appliances. This is especially valuable for older homes.

Question 35

What is the lot like at 4445 MILLRACE, Oakley?

Accepted Answer

The lot is 20.8 acres. Lot features: Fenced: Part,Secluded,Sprinkler: Auto-Part,View: Mountain,Private,View: Water,Waterfront. Terrain: Fenced: Part, Secluded Yard, Sprinkler: Auto-Part, Terrain, Flat, View: Mountain, Private, View: Water, Waterfront. Views: Mountain(s).  Lot characteristics affect usability, privacy, and future improvement potential.

Question 36

What utilities are available at 4445 MILLRACE, Oakley?

Accepted Answer

Available utilities include: Natural Gas Connected,Electricity Connected,Sewer: Public. Water source: Culinary,Irrigation. Sewer: Sewer: Public. Utility costs in Utah vary by season — expect higher heating bills in winter and cooling costs in summer. Contact local utility providers for average monthly cost estimates for this address.

Question 37

Does 4445 MILLRACE, Oakley have natural gas?

Accepted Answer

Yes, this property has natural gas service — the heating system is listed as: Forced Air,Gas: Central,Wood. Natural gas is the most common and cost-effective heating fuel in Utah, typically 30-50% less expensive than electric heating. The cooling system (Central Air) operates separately. Natural gas availability also supports gas ranges, water heaters, and fireplaces.

4445 MILLRACE, Oakley, UT 84055

4445 N MILLRACE RD, Oakley, UT 84055

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