165 2040, Orem, UT 84058
6BD/—BA Residential in Orem, UT 84058. 5,542 sqft. Built 2006. Listed at $1,240,000. MLS #2162521.
6BD/—BA Residential in Orem, UT 84058. 5,542 sqft. Built 2006. Listed at $1,240,000. MLS #2162521.
Nestled in a quiet cul-de-sac, this exceptional custom home offers luxury, comfort, and thoughtful upgrades throughout. Four bedroom two bath mother-in-law apartment with exterior entrance. Enjoy breathtaking views from the stunning atrium-style room, covered deck, and covered walk-out porch. The beautifully landscaped yard features a tranquil waterfall, mature fruit trees, dedicated garden with raised boxes, and a custom storage/garden shed. Designed for modern living, the home includes fully paid-off solar panels, whole-house sound system installed, exterior lighting wired, and security system wired. Entertainment enthusiasts will appreciate the fully wired theater room, while practical features include a large cold storage room, 250-gallon emergency water storage system, and a newer Kinetico water softener installed in 2023. The spacious floor plan includes a large office with a walk-in closet/storage area, a luxurious primary suite featuring heated bathroom floors and a walk-in closet, and elegant mahogany hardwood flooring. The walk-out basement provides additional living and entertaining space. Car enthusiasts and hobbyists will love the huge oversized 3-car garage, while the inviting front patio offers room for outdoor seating and relaxation. The productive backyard orchard includes: 2 Peach trees, 1 Apple tree, 1 Pear tree, 1 Apricot tree, 1 Plum tree, Grape vine
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
LEGACY AT ERCANBRACK FARMS
County
Utah
Zoning
Single-Family
Construction
Brick,Stucco
Lot Size
0.46 sq ft
Above Grade Area
2,678 sq ft
Condition
Blt./Standing
MLS #
2162521
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
LEGACY AT ERCANBRACK FARMS
County
Utah
Zoning
Single-Family
Construction
Brick,Stucco
Lot Size
0.46 sq ft
Above Grade Area
2,678 sq ft
Condition
Blt./Standing
MLS #
2162521
List Price
$1,240,000
Original Price
$1,250,000
HOA Fees
$170 / Annually
Annual Taxes
$4,645
Home Warranty
No
List Price
$1,240,000
Original Price
$1,250,000
HOA Fees
$170 / Annually
Annual Taxes
$4,645
Home Warranty
No
Heating
Gas: Central,Radiant Floor
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Linoleum,Tile,Concrete
Basement
Daylight,Entrance,Full,Walk-Out Access
Materials
Brick,Stucco
Appliances
Dryer,Freezer,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Heating
Gas: Central,Radiant Floor
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Linoleum,Tile,Concrete
Basement
Daylight,Entrance,Full,Walk-Out Access
Materials
Brick,Stucco
Appliances
Dryer,Freezer,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Garage Spaces
3
Covered Spaces
3
Total Parking
11
Garage Spaces
3
Covered Spaces
3
Total Parking
11
Classification
Standard
Deal Score
45/100
vs Similar Homes
47% above
vs Market Median
28% above
Price Reduced
0.8%
Area Growth (YoY)
4.3%
Deal Score Breakdown
45/100
4.3% year-over-year ZHVI growth in this area
1% price reduction from original list — seller may be motivated
LT net cashflow -$1,291/mo (-15.5% return on ownership cost) · STR net cashflow -$4,536/mo (-54.5% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 47% above the median of similar listings
Priced 28% above the per-subtype city median
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
$7,986/mo
Range: $3,922 – $12,050
Net Monthly Cash Flow
−$1,290 /mo (−$15,482/yr)
Monthly rental income
Monthly ownership cost
Coverage
96%
Net /mo
−$1,291
DSCR
1.12
Est. Annual Revenue
$64,841/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$4,535 /mo (−$54,417/yr)
Monthly STR income
Monthly ownership cost
Coverage
65%
Net /mo
−$4,536
DSCR
0.60
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$510,000
+143% vs median
45 days
172
$249,500 – $5,195,000
$4,645
$170/annually
Moderate
9.5
per 1,000
25.1
per 1,000
9.6
per 1,000
44.2
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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