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3898 E THOUSAND OAKS CIR, Millcreek, UT — photo 11 / 69
Single FamilyADU

$10,700,000

3898 E THOUSAND OAKS CIR, Millcreek, UT 84124

Type

SFR

List Price

$10.70M

Price/Sqft

$1041

Est Gross Yield

0.3%

$37,116/yr est.

Property Details

Property typeSingle Family
Year built1980
Total units1
Living area10,275 sqft
Bedrooms7
Bathrooms7
Lot size1.36 acres
Parking10 spaces
Days on market0
Listed2026-10-08T00:00:00+00:00

Description

Set on 1.36 acres in Olympus Cove, this extraordinary estate brings together exceptional scale, architecture, and an expansive connection to the surrounding landscape. More than 10,000 square feet of refined living space captures sweeping views across the Salt Lake Valley to Mt. Olympus, with a 2022 renovation bringing a sophisticated contemporary sensibility to the residence. An additional 4,600-square-foot ADU expands the possibilities of the property, offering exceptional flexibility for guests, multigenerational living, or private accommodations. The architecture is centered around light and openness, with soaring vaulted ceilings, expansive walls of glass, and a seamless progression between the interiors and grounds. The dramatic great room anchors the main level and opens to a bespoke chef's kitchen, appointed with Thermador and Sub-Zero appliances, dual waterfall islands, and sculptural lighting. Beyond the glass, the private grounds unfold as an exceptional extension of the home. A custom mosaic pool and jacuzzi anchor the outdoor setting, complemented by a fully equipped pool house, resurfaced pickleball and basketball courts, tranquil water features, and meticulously landscaped grounds designed for both entertaining and retreat. The upper-level primary suite is an intimate sanctuary, framed by panoramic views and a private balcony. A fireplace, freestanding soaking tub, dual vanities, and an expansive walk-in shower create a distinctly spa-like setting. Five additional bedrooms, including three en-suite, offer generous accommodations, while a light-filled office with custom built-ins provides a refined setting for work or study. The lower level introduces an additional layer of amenity with a dry sauna, custom steam room, and versatile living spaces. The separate 4,600-square-foot ADU further elevates the property's versatility, offering its own bedroom, office, kitchen, and living spaces for extended guests, multigenerational living, or a private retreat. Extensive solar panels complement the estate's modern infrastructure. Set within one of Salt Lake City's most coveted enclaves, the residence offers immediate access to Neff's Canyon, the Cottonwood Canyons and world-class skiing, while downtown Salt Lake City and the international airport remain effortlessly accessible. A rare combination of scale, privacy, thoughtful design, and resort-style amenities, this exceptional Olympus Cove estate offers a singular setting for both everyday living and grand-scale entertaining.

Listed by Sean Steinman · Summit Sotheby's International Realty

Location

3898 E THOUSAND OAKS CIR, Millcreek, UT 84124

Proforma

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Cap Rate

0.23%

Cash-on-Cash

-11.86%

Cash Flow

-$39,642/mo

Purchase Price$10,700,000
Down Payment35% ($3,745,000)
Interest Rate6.00%
Monthly Rent$3,093/mo
Vacancy5%
Expense Ratio30% ($10,578)

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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 10/8/2026, 11:07:02 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.