ActiveResidential · sale

515 W 40 S

Lindon, UT 84042

$900,000

  • 6 beds
  • 4 baths
  • 3,664 sq ft
  • 0.69 acres
  • Built 1987

Listed by Homes International · MLS #2175648

A FEW THINGS TO NOTICE

What stands out.

Living spaces

A second pergola off the main home serves as a charming outdoor lounge, thoughtfully designed for conversation, quiet moments, and effortless entertaining.

Details worth a look

Behind the barn, you'll discover a generous garden area, creating the perfect setting to grow your own fruits, vegetables, and flowers and enjoy true farm-to-table dining under a pergola.

Year built

Built in 1987.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Thoughtfully repriced to create an exceptional opportunity for today's buyers seeking quality, location, and value. **OPEN HOUSE Saturday, August 22 from 11-1pm*** Home and property offers land, flexibility, and scenery while remaining just minutes from shopping, restaurants, and everyday conveniences. Located on a quiet cul-de-sac, this lovingly maintained one-owner rambler sits on 0.69 acres with animal rights and breathtaking 360-degree views stretching from Mount Timpanogos to Utah Lake. Designed for comfortable, main-level living, this home features 6 bedrooms, 3.5 bathrooms, and a functional floor plan with generous living spaces perfect for everyday life and entertaining. Step outside and experience everything this property has to offer. "The Barn" is the heart of this property, thoughtfully designed with a loft and attached lean-to, offering flexibility for livestock, equipment, feed storage, or workshop space. Whether you envision horses, small farm animals, or simply room for your outdoor hobbies, this versatile outbuilding is ready to meet your needs. Attached to the barn is a covered carport for your RV, trailers, or additional equipment, while a canvas covered shed at the rear of the property offers even more space for tools and seasonal items. Behind the barn, you'll discover a generous garden area, creating the perfect setting to grow your own fruits, vegetables, and flowers and enjoy true farm-to-table dining under a pergola. A second pergola off the main home serves as a charming outdoor lounge, thoughtfully designed for conversation, quiet moments, and effortless entertaining. The day begins with east views of sunrises and Mt Timpanogos and unwinds with west views extending down to Utah Lake, enjoy sunsets as you gather around the inviting fire pit, where rustic log seating creates the perfect place to share stories, roast marshmallows, and enjoy meaningful conversations beneath Utah's star-filled skies. It's the kind of outdoor space where family traditions are made, friendships grow, and every evening feels like a peaceful retreat. The location combines the feeling of country living minutes from modern conveniences. Enjoy a short walk to the nearby city park featuring pickleball courts, playgrounds, and open green space, while shopping, dining, schools, and commuter routes remain just minutes away. If you've been searching for a property that offers breathtaking views, room to grow, space for animals, and the opportunity to create your dream lifestyle, this is one you won't want to miss. Buyers will have peace of mind with new roof, generator, solar panels, water softener, retaining wall and many updates see SPCD attached to the listing for everything this owner has done. Buyer to verify with city all possible uses allowed for the property.

THE NEIGHBORHOOD

Explore the location.

515 W 40 S, Lindon, UT 84042

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1987
Full baths
2
Half baths
1
Garage spaces
2
Cooling
Central Air
Heating
Forced Air,Gas: Central
Appliances
Ceiling Fan,Gas Grill/BBQ,Microwave,Refrigerator,Water Softener Owned
Flooring
Carpet
Utilities
Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected
Pool
No
Spa
No
Subdivision
HORSESHOE CREEK
Zoning
Single-Family, Agricultural
Parcel
41-097-0018
Elementary school
Aspen
Middle school
Oak Canyon
High school
Pleasant Grove
Annual property tax
$2,980.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$3,750.00
Cap rate

Annual operating income:

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Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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515 W 40 S, Lindon, UT 84042 · MLS #2175648

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Listing information

MLS #2175648 · Utah Real Estate MLS

Listing brokerage: Homes International
Listing agent: Lisa A Fluty

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. 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.