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1396 S LUKAS LN, Saratoga Springs, UT — photo 11 / 43
Single FamilySeller Financing

$559,999

Reduced from $575,000 · 3 days ago

1396 S LUKAS LN, Saratoga Springs, UT 84045

Type

SFR

List Price

$559,999

Price/Sqft

$188

Est Gross Yield

5.4%

$30,288/yr est.

Property Details

Property typeSingle Family
Year built2003
Total units1
Living area2,982 sqft
Bedrooms5
Bathrooms3
Lot size0.19 acres
Parking2 spaces
Days on market20
Listed2026-09-01T00:00:00+00:00

Description

Seller financing available. 5.99% rate with a low down payment. Beautiful 5-bedroom, 2.75-bath rambler in Saratoga Springs offering nearly 3,000 square feet, stunning lake and mountain views, and a bright daylight basement with walkout access that feels like a natural extension of the main level. The open-concept main floor features a cozy gas fireplace, access to the deck, and a functional kitchen and dining area ideal for everyday living and entertaining. Recent improvements include a new roof and solar system installed in 2024, along with a brand-new water heater. The sellers report that the solar system has reduced their average monthly electric bill from approximately $350 to less than $90 and includes a 20-year warranty. Additional highlights include central HVAC, an attached two-car garage, an outdoor storage shed, a theater area, and an included 4K projector. Sellers are also offering a $3,500 credit toward lawn reseeding or revitalization and will provide a one-year home warranty for the buyer. This home offers an appealing combination of space, comfort, energy efficiency, scenic views, and flexible living areas. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement and verify all information.

Listed by Curtis A Mayberry · Mountainland Realty, Inc

Location

1396 S LUKAS LN, Saratoga Springs, UT 84045

Proforma

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Cap Rate

3.60%

Cash-on-Cash

-2.88%

Cash Flow

-$504/mo

Purchase Price$559,999
Down Payment35% ($196,000)
Interest Rate6.00%
Monthly Rent$2,524/mo
Vacancy5%
Expense Ratio30% ($8,632)

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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 9/21/2026, 3:04:36 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.