1525 200, Pleasant Grove, UT 84062
3BD/—BA Residential in Pleasant Grove, UT 84062. 1,677 sqft. Built 1977. Listed at $2,999,000. MLS #2171234.
3BD/—BA Residential in Pleasant Grove, UT 84062. 1,677 sqft. Built 1977. Listed at $2,999,000. MLS #2171234.
This is a once in a generation opportunity! Positioned on the highly coveted east bench of Pleasant Grove, this 4.9 - acre prime estate lot presents a rare opportunity to own one of Utah Valley's most elite and irreplaceable land parcels. Nestled above the city with commanding, unobstructed views of both Mount Timpanogos & Utah Lake, this wooded, gently sloped lot is the perfect canvas for a luxury custom home or generational estate. Set nearly 300 feet back from the main road, this rectangular building site guarantees serenity, exclusivity, and panoramic beauty. Whether your vision includes a private estate, an architectural showcase home for the Parade Of Homes, or a multi-home family legacy retreat - this property offers the flexibility, privacy, and prestige that are virtually impossible to find in today.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
County
Utah
Zoning
Single-Family, Agricultural
Construction
Brick
Lot Size
4.96 sq ft
Above Grade Area
842 sq ft
Condition
Blt./Standing
MLS #
2171234
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
County
Utah
Zoning
Single-Family, Agricultural
Construction
Brick
Lot Size
4.96 sq ft
Above Grade Area
842 sq ft
Condition
Blt./Standing
MLS #
2171234
List Price
$2,999,000
Annual Taxes
$1
Home Warranty
No
List Price
$2,999,000
Annual Taxes
$1
Home Warranty
No
Heating
Electric
Roof
Tile
Flooring
Carpet,Linoleum
Basement
Entrance
Materials
Brick
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Lake,Mountain(s),Valley
Heating
Electric
Roof
Tile
Flooring
Carpet,Linoleum
Basement
Entrance
Materials
Brick
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Lake,Mountain(s),Valley
Covered Spaces
2
Total Parking
2
Covered Spaces
2
Total Parking
2
Why this is a deal
Classification
Standard
Deal Score
70/100
vs Similar Homes
329% above
vs Market Median
298% above
Area Growth (YoY)
6.3%
Deal Score Breakdown
70/100 · 1 qualifying signal
6.3% year-over-year ZHVI growth in this area
Priced 329% above the median of similar listings
Priced 298% above the per-subtype city median
LT net cashflow -$17,379/mo (-90.3% return on ownership cost) · STR net cashflow -$17,428/mo (-90.6% 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
$2,118/mo
Range: $1,538 – $2,697
Net Monthly Cash Flow
−$17,378 /mo (−$208,540/yr)
Monthly rental income
Monthly ownership cost
Coverage
11%
Net /mo
−$17,379
DSCR
0.12
Est. Annual Revenue
$31,110/yr
$355/night · 41% occupancy · $124/bedroom · $0.37/sqft
Net Monthly Cash Flow
−$17,428 /mo (−$209,134/yr)
Monthly STR income
Monthly ownership cost
Coverage
14%
Net /mo
−$17,428
DSCR
0.12
Elementary
GrovecrestMiddle School
Pleasant GroveHigh School
Pleasant GroveSchool District
Alpine
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$525,000
+471% vs median
37 days
93
$295,000 – $2,999,000
$1
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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