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997 N 1560 E, Orem, UT — photo 11 / 48
Single FamilyADU

$2,400,000

997 N 1560 E, Orem, UT 84097

Type

SFR

List Price

$2.40M

Price/Sqft

$482

Est Gross Yield

1.2%

$27,828/yr est.

Property Details

Property typeSingle Family
Year built2006
Total units1
Living area4,979 sqft
Bedrooms6
Bathrooms6
Lot size0.31 acres
Parking4 spaces
Days on market26
Listed2026-08-08T00:00:00+00:00

Description

Fully remodeled and move-in ready, this stunning 6-bedroom, 4.5-bathroom home offers the perfect blend of luxury, comfort, and convenience in one of the area's most desirable neighborhoods. In addition, this remodel includes a fully rentable, one bedroom basement apartment with a separate entrance for privacy! Every detail throughout this home has been thoughtfully updated, including brand-new flooring, paint, doors, cabinetry, windows, roof, driveway, landscaping, and a beautifully redesigned kitchen featuring new appliances and an expansive walk-in prep pantry. The dramatic two-story great room with a fireplace creates an impressive gathering space filled with natural light, while the spacious primary suite offers a private retreat complete with generous his-and-hers closets. Enjoy beautiful mountain views and extra garage space for vehicles, storage, or hobbies. Ideally situated at the mouth of Provo Canyon, this exceptional property provides unparalleled access to both outdoor recreation and everyday amenities. Located just 10 minutes from Brigham Young University, and only minutes from Sundance Mountain Resort and Deer Creek Reservoir and Midway, you'll enjoy effortless access to work, school, recreation, and year-round adventure while living in a vibrant, highly sought-after community.

Listed by Whitney Swift · Advantage Management & Real Estate Services LLC

Location

997 N 1560 E, Orem, UT 84097

Proforma

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Cap Rate

0.77%

Cash-on-Cash

-10.41%

Cash Flow

-$7,811/mo

Purchase Price$2,400,000
Down Payment35% ($840,000)
Interest Rate6.00%
Monthly Rent$2,319/mo
Vacancy5%
Expense Ratio30% ($7,931)

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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 9/3/2026, 8:05:39 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.