568 N 500 W, Lehi, UT 84043

$699,000 Asking Price

4 beds
2 baths
2,258  sqft
Built in 1864

With its prime location and subdivision potential, this horse property is an excellent investment opportunity in the thriving city of Lehi. Close to Silicon Slopes, I-15 access and Main Street Lehi, this property offers a unique blend of historic architecture and modern potential, making it a perfect opportunity for both residential living and investment. Whether you're looking to restore a historic gem, generate rental income with a potential upstairs accessory dwelling unit with separate entrance, subdivide and develop additional properties, or a combination of all these options, this farmhouse offers endless possibilities. Horse stables with electricity, dog kennels, and water pumps are included. Short term rentals are permitted. The roof was replaced and the kitchen was renovated in 2020. There is a Packaged Terminal AC/Heater unit upstairs, similar to what you'd find in a hotel room. Additional land is available. Info provided as a courtesy, buyer to verify all info.

Features & Amenities

Interior

General:
Great Room,Kitchen: Updated,Oven: Gas,Range/Oven: Built-In,Vaulted Ceilings,Granite Countertops,Smart Thermostat(s)
Master Bedroom:
Floor: 1st,Floor: 2nd
Appliances:
Ceiling Fan,Microwave,Refrigerator
Basement:
None
Flooring:
Carpet
A/C:
See Remarks,Window Unit(s)
Heating:
See Remarks,Electric,Forced Air,Gas: Central,Gas: Stove
Disability Feature:
Grip-Accessible Features

Exterior

General:
Balcony,Barn,Double Pane Windows,Horse Property,Out Buildings,Lighting,Patio: Covered,Porch: Open,Skylights,Stained Glass Windows, Workshop
Style:
Stories: 2
Other Structures:
Workshop
Parking:
Covered,Rv Parking, Parking spaces: 8

Construction

Roofing:
See Remarks,Asphalt
Windows:
Blinds,Part,Shades
General:
Blt./Standing

Location

Originating MLS:
UtahRealEstate.com
School District:
Alpine
County:
Utah

Lot

Topography:
Additional Land Available, Corner Lot, Fenced: Part, Road: Unpaved, Sprinkler: Auto-Part, Terrain, Flat, View: Mountain
Landscaping:
Landscaping: Full,Mature Trees,Pines
Zoning:
Single-Family, Agricultural, Short Term Rental Allowed, 41-491-0002
View:
Mountain(s), View
Current Use:
Single Family

Utilities

Utilities:
Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected
Water:
Culinary,Irrigation: Pressure
Sewer:
Sewer: Connected

Financial

Source:
UtahRealEstate.com
Exclusions:
See Remarks, Dryer, Washer

This listing courtesy of:
ERA Brokers Consolidated (Utah County), Nicole Christensen

About Lehi, UT

Housing

Number of Units
20,672
Median Home Value
$391,399
Median Rent
$1,304

21.31% of housing units are renter occupied.

3.11% are vacant.

Commute

Car
61.30%
Public Transportation
1.54%
Walk to Work
0.82%
Work from Home
35.65%
Other
0.47%

The median travel time to work is 16 minutes.

People

Population
76,167
Median Age
26.20
Median Household Size
3.97

Education

High School
15.23%
Associate’s Degree
10.57%
Bachelor’s Degree
31.66%
Graduate Degree
14.88%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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