4537 MILE HIGH, Provo, UT 84604
6BD/—BA Residential in Provo, UT 84604. 7,173 sqft. Built 1980. Listed at $699,999. MLS #2155179.
6BD/—BA Residential in Provo, UT 84604. 7,173 sqft. Built 1980. Listed at $699,999. MLS #2155179.
Builder/Investor Special! The lot is for sale with the foundation. Bring any builder and floor plan, foundation must stay per the city, so you can build any floor plan that can fit on the existing foundation. Ready to be built lot for a custom home with epic views on 1 Acre! Photos of the home are the old home that was torn down. Perched on nearly an acre in one of Provo's premier neighborhoods, this property offers panoramic vistas of Utah Lake, gorgeous mountains and the valley below. The original home has been cleared, paving the way for your dream rebuild, with architectural plans already drawn. Just minutes from the Riverwoods, Provo River, Provo Canyon, Brigham Young University and top-tier private schools, this is a rare opportunity to craft a residence in an unbeatable setting. Seller Financing available with 50% down, 2-3 year term at 6% interest. Call Agent for Details. The original home burned and has been torn down. The foundation has had 60 foot piers installed and is ready for foundation wall repairs and framing to begin. The lot next door is included in the sale parcel #52:166:0079 for a total of .94 acres. Engineering and architectural plans and reports done and will be provided. Seller is moving out of state and will not be able to finish building their dream home.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
SHERWOOD HILLS
County
Utah
Zoning
Single-Family
Construction
Stone,Stucco,Cement Siding
Lot Size
0.94 sq ft
Above Grade Area
5,375 sq ft
MLS #
2155179
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
SHERWOOD HILLS
County
Utah
Zoning
Single-Family
Construction
Stone,Stucco,Cement Siding
Lot Size
0.94 sq ft
Above Grade Area
5,375 sq ft
MLS #
2155179
List Price
$699,999
Annual Taxes
$1,234
Home Warranty
No
List Price
$699,999
Annual Taxes
$1,234
Home Warranty
No
Heating
Forced Air,Gas: Central,>= 95% efficiency
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Entrance,Full,Walk-Out Access
Materials
Stone,Stucco,Cement Siding
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Forced Air,Gas: Central,>= 95% efficiency
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Entrance,Full,Walk-Out Access
Materials
Stone,Stucco,Cement Siding
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Why this is a deal
Classification
Exceptional DealDeal Score
100/100
vs Similar Homes
39% below
vs Market Median
31% below
Area Growth (YoY)
9.7%
Deal Score Breakdown
100/100 · 4 qualifying signals
LT net cashflow +$5,484/mo (+121.2% return on ownership cost) · STR net cashflow -$319/mo (-7.1% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 39% below the median of similar listings
Priced 31% below the per-subtype city median
9.7% year-over-year ZHVI growth in this area
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
$11,373/mo
Range: $6,657 – $16,089
Net Monthly Cash Flow
+$5,484 /mo (+$65,804/yr)
Monthly rental income
Monthly ownership cost
Coverage
251%
Net /mo
+$5,484
DSCR
2.87
Est. Annual Revenue
$72,087/yr
$364/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$319 /mo (−$3,829/yr)
Monthly STR income
Monthly ownership cost
Coverage
133%
Net /mo
−$319
DSCR
1.21
Elementary
Canyon CrestMiddle School
CentennialHigh School
TimpviewSchool District
Provo
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
10
Available Providers
$475,000
+47% vs median
62 days
182
$189,900 – $43,000,000
$1,234
Moderate
7.5
per 1,000
22.4
per 1,000
12.2
per 1,000
42.1
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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