932 OLSON, Saratoga Springs, UT 84045
5BD/—BA Residential in Saratoga Springs, UT 84045. 3,359 sqft. Built 2024. Listed at $580,000. MLS #2162728.
5BD/—BA Residential in Saratoga Springs, UT 84045. 3,359 sqft. Built 2024. Listed at $580,000. MLS #2162728.
This nearly new 5-bedroom home in the desirable Ridgehorne community offers the perfect blend of modern design, move-in-ready convenience, and future value. Unlike new construction, this home already includes completed finishes and immediate availability without the added expense and delays of building from scratch. The thoughtfully designed floor plan features a spacious primary suite with a private bath, dual-sink vanity, soaking tub, separate shower, and walk-in closet. The open-concept main living area is filled with natural light and showcases a beautiful kitchen with granite countertops, stainless steel appliances, a large center island, pantry, and ample cabinet space. Generously sized secondary bedrooms, modern finishes, and abundant storage make this home ideal for a variety of lifestyles. One of the property's most impressive features is the 1,428+ sq. ft. unfinished walkout basement with a separate exterior entrance. Already framed and offering excellent ceiling height, the basement presents an incredible opportunity to add up to 3 additional bedrooms, a bathroom, family room, and storage space-creating significant potential for future equity and expanded living options. Conveniently located near schools, parks, shopping, dining, and major commuter routes, this home is also just minutes from Primary Children's Hospital in Lehi. Whether you're looking for room to grow, investment potential, or a beautiful home in a thriving community, this property offers a rare combination of comfort, flexibility, and long-term value. All information, including square footage, room dimensions, and property measurements, is provided as a courtesy only and is deemed reliable but not guaranteed. Buyers are advised to independently verify all information to their own satisfaction.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
3
Subdivision
RIDGEHORNE
County
Utah
Zoning
Single-Family
Construction
Stone,Stucco
Lot Size
0.11 sq ft
Above Grade Area
1,931 sq ft
Condition
Blt./Standing
MLS #
2162728
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
3
Subdivision
RIDGEHORNE
County
Utah
Zoning
Single-Family
Construction
Stone,Stucco
Lot Size
0.11 sq ft
Above Grade Area
1,931 sq ft
Condition
Blt./Standing
MLS #
2162728
List Price
$580,000
HOA Fees
$104 / Monthly
Annual Taxes
$2,403
Home Warranty
Yes
List Price
$580,000
HOA Fees
$104 / Monthly
Annual Taxes
$2,403
Home Warranty
Yes
Heating
Gas: Central,>= 95% efficiency
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Walk-Out Access
Materials
Stone,Stucco
Appliances
Portable Dishwasher,Microwave,Refrigerator
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Gas: Central,>= 95% efficiency
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Walk-Out Access
Materials
Stone,Stucco
Appliances
Portable Dishwasher,Microwave,Refrigerator
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Why this is a deal
Classification
Great Deal (vs Market)
Deal Score
92/100
vs Similar Homes
8% below
vs Market Median
16% below
Area Growth (YoY)
5.1%
Deal Score Breakdown
92/100 · 3 qualifying signals
Priced 16% below the per-subtype city median
Priced 8% below the median of similar listings
5.1% year-over-year ZHVI growth in this area
LT net cashflow -$1,341/mo (-33.6% return on ownership cost) · STR net cashflow -$440/mo (-11.0% 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
$3,009/mo
Range: $2,191 – $3,827
Net Monthly Cash Flow
−$1,341 /mo (−$16,093/yr)
Monthly rental income
Monthly ownership cost
Coverage
75%
Net /mo
−$1,341
DSCR
0.91
Est. Annual Revenue
$60,840/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$440 /mo (−$5,281/yr)
Monthly STR income
Monthly ownership cost
Coverage
127%
Net /mo
−$440
DSCR
1.22
Elementary
Thunder RidgeMiddle School
Vista Heights Middle SchoolHigh School
WestlakeSchool District
Alpine
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$500,000
+16% vs median
79 days
394
$269,900 – $2,590,000
$2,403
$104/monthly
Low Crime
4.6
per 1,000
11.4
per 1,000
3.3
per 1,000
19.3
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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