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4058 S MOUNT OLYMPUS E WAY, Millcreek, UT 84124
$1,350,000
4058 S MOUNT OLYMPUS E WAY, Millcreek, UT 84124
Type
SFR
List Price
$1.35M
Price/Sqft
$401
Est Gross Yield
2.7%
$37,116/yr est.
Property Details
Description
Rare opportunity in the heart of Olympus Cove. Set on a remarkable .63-acre lot offering stunning views of Mount Olympus, this property offers an impressive combination of space, privacy, and mature landscaping. Surrounded by impressive homes in one of the area's most sought-after neighborhoods, the property presents an exciting opportunity to renovate, reimagine, or create a custom residence designed specifically for this extraordinary setting. The expansive, park-like grounds and mature trees create a sense of privacy and tranquility that is increasingly difficult to find along the east bench. Enjoy convenient access to nearby canyons, hiking and recreation, while remaining within easy reach of downtown Salt Lake City, the University of Utah, world-class skiing, and Salt Lake International Airport. With significant renovation and new construction already transforming properties throughout Olympus Cove and along Mount Olympus Way, opportunities like this are becoming increasingly rare. Come experience the setting, the views, and the possibilities of .63 acres in one of Salt Lake Valley's most distinctive locations. Existing residence is being sold as-is. Buyer and buyer's agent to verify all information, including zoning, building requirements, lot dimensions, and redevelopment possibilities.
Listed by Brandon Elizondo · EXP Realty, LLC
Location
4058 S MOUNT OLYMPUS E WAY, Millcreek, UT 84124
Proforma
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Cap Rate
1.83%
Cash-on-Cash
-7.60%
Cash Flow
-$3,204/mo
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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 10/7/2026, 12:10:25 AM. 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.