940 550, Pleasant Grove, UT 84062
3BD/—BA Residential in Pleasant Grove, UT 84062. 1,230 sqft. Built 1996. Listed at $499,900. MLS #2156005.
3BD/—BA Residential in Pleasant Grove, UT 84062. 1,230 sqft. Built 1996. Listed at $499,900. MLS #2156005.
This wonderfully clean rambler offers an unbeatable combination of modern reliability and premier location. Surrounded by newer luxury real estate and situated in one of the most desirable pockets of Pleasant Grove, the property has been well maintained with significant high-ticket upgrades for total peace of mind. New garage door with new railings and spring was replaced in 2025. The home plumbing was completely repiped in February 2023, followed by the installation of a brand-new water heater in March 2023 and a full restoration of the laundry room that same year. With the roof replaced in 2013, the major infrastructure is solid. Spacious backyard offers a fruitful cherry tree and apricot tree. Some of the city's finest parks just moments away. You are less than two minutes from the massive Cook Family Park, which features a premier splash pad, skate park, and bike pump track, as well as the peaceful Mahogany Park for quiet afternoons on the walking trails. The iconic Discovery Park, famous for its massive all-abilities playground and science themes, is also just a short drive from your front door. Whether you are looking for a savvy investment surrounded by high-end builds or a turnkey starter home near top-tier amenities, this property represents the best value on the market today. Will not last. Must see. Make it yours today!
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
1
Subdivision
JAMES ESTATES
County
Utah
Zoning
Single-Family
Construction
Aluminum,Stucco
Lot Size
0.19 sq ft
Above Grade Area
1,230 sq ft
Condition
Blt./Standing
MLS #
2156005
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
1
Subdivision
JAMES ESTATES
County
Utah
Zoning
Single-Family
Construction
Aluminum,Stucco
Lot Size
0.19 sq ft
Above Grade Area
1,230 sq ft
Condition
Blt./Standing
MLS #
2156005
List Price
$499,900
Annual Taxes
$1,993
Home Warranty
No
List Price
$499,900
Annual Taxes
$1,993
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
None
Materials
Aluminum,Stucco
Appliances
Ceiling Fan,Portable Dishwasher,Refrigerator
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Water Source
Culinary,Irrigation: Pressure,Secondary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
None
Materials
Aluminum,Stucco
Appliances
Ceiling Fan,Portable Dishwasher,Refrigerator
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Water Source
Culinary,Irrigation: Pressure,Secondary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
6
Garage Spaces
2
Covered Spaces
2
Total Parking
6
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
75/100
vs Similar Homes
12% below
vs Market Median
9% above
Area Growth (YoY)
2.8%
Deal Score Breakdown
75/100 · 1 qualifying signal
Priced 12% below the median of similar listings
Priced 9% above the per-subtype city median
2.8% year-over-year ZHVI growth in this area
LT net cashflow -$2,247/mo (-67.6% return on ownership cost) · STR net cashflow -$1,701/mo (-51.2% 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
$1,223/mo
Range: $1,003 – $1,444
Net Monthly Cash Flow
−$2,248 /mo (−$26,972/yr)
Monthly rental income
Monthly ownership cost
Coverage
37%
Net /mo
−$2,247
DSCR
0.43
Est. Annual Revenue
$27,811/yr
$364/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,700 /mo (−$20,401/yr)
Monthly STR income
Monthly ownership cost
Coverage
70%
Net /mo
−$1,701
DSCR
0.65
Elementary
Mount MahoganyMiddle School
Pleasant GroveHigh School
Pleasant GroveSchool District
Alpine
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$539,100
-7% vs median
50 days
81
$290,000 – $2,150,000
$1,993
Low Crime
7.4
per 1,000
17.9
per 1,000
5.5
per 1,000
30.9
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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