159 W 2040 S, Orem, UT 84058
Property image
Property image
FOR SALE
3D VIEW
0.51 ACRES

159 W 2040 S
Orem, UT 84058

Lakeview
  • 5 Beds
  • 4.5 Baths
  • 7,318 sqft (on 0.51 acres)

$3,750,000

Original price: $3,100,000

$3,750,000

Original price: $3,100,000
5 Beds
4.5 Baths
7,318 sqft
(on 0.51 acres)

Home Highlights

Parking
5 Car Garage
Outdoor
Patio, Deck
Price/Sqft
$512
Listed
46 days ago
Climate Control
Forced Air, Central & Central Air, Ceiling Fans

Local Information

  • Map ViewExplore the area around 159 W 2040 S.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Situated at the end of a quiet cul-de-sac in one of Orem's most desirable established neighborhoods, this extraordinary new construction residence offers a rare combination of luxury, functionality, and timeless design. Constructed and designed by JLR, this home was thoughtfully designed to deliver the custom-home experience without the time, uncertainty, and expense of building. The expansive main level features soaring ceilings, beautiful gathering spaces, a stunning executive office, formal dining room, butler's pantry, custom glass-front cabinetry, exceptional storage, and seamless indoor-outdoor living. The luxurious primary suite offers a private retreat complete with spa-inspired bath, walk-in closets, and dedicated laundry access. Designed for both entertaining and everyday living, the lower level features 10-foot ceilings, additional sleeping quarters, generous gathering spaces, a reading nook, laundry facilities, flex spaces ideal for a theater, golf simulator or fitness room, and extensive storage throughout. The beautifully landscaped lot is equally impressive, offering mature trees, a large flat backyard with room for a future pool or pickleball court, covered patio, sprawling deck with fireplace, and exceptional privacy. A lower-level garage provides outstanding flexibility for recreation, storage, workshop space, or lifestyle amenities. Distinguished by thoughtful design selections including antique glass details, luxury fixtures, custom cabinetry, elevated finishes, and exceptional craftsmanship throughout, this is a truly turnkey luxury residence that stands apart from typical new construction offerings.
Last check for updates: about 2 hours ago
Listing courtesy of Thomas Wright, (801) 652-5700
Summit Sotheby's International Realty
Erin Eldredge, (801) 205-4239
Summit Sotheby's International Realty
Source: UtahRealEstate.com, MLS#2170076
Also Listed on UtahRealEstate.com.

Home Details for 159 W 2040 S

Interior Features

Interior Details
Basement: Daylight,Full,Walk-Out Access,Basement EntranceNumber of Rooms: 22Types of Rooms: Master BedroomWet Bar
Beds & Baths
Number of Bedrooms: 5Main Level Bedrooms: 1Number of Bathrooms: 4Number of Bathrooms (full): 2Number of Bathrooms (three quarters): 1Number of Bathrooms (half): 1Number of Bathrooms (partial): 1
Dimensions and Layout
Living Area: 7318 Square Feet
Appliances & Utilities
Utilities: Natural Gas Connected, Electricity Connected, Sewer Connected, Water ConnectedAppliances: Dryer, Microwave, Range Hood, Refrigerator, Washer, Disposal, Double Oven, Gas Oven, Gas Range, Free-Standing RangeDisposalDryerLaundry: Electric Dryer Hookup,Gas Dryer HookupMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced Air,CentralHas CoolingAir Conditioning: Central Air,Ceiling Fan(s)Has HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 2Fireplace: Gas LogHas a Fireplace
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Window: Double Pane Windows, Stained Glass WindowsDoor: Sliding DoorsFlooring: Carpet, Hardwood, Tile
Levels, Entrance, & Accessibility
Stories: 3Accessibility: Single Level LivingFloors: Carpet, Hardwood, Tile
View
Has a ViewView: Lake, Mountain(s), Valley

Exterior Features

Exterior Home Features
Roof: Asphalt MetalPatio / Porch: Covered, Covered Deck, Covered PatioFencing: PartialVegetation: Landscaping: FullOther Structures: WorkshopExterior: Balcony, LightingNo Private Pool
Parking & Garage
Number of Garage Spaces: 5Number of Covered Spaces: 5No CarportHas a GarageHas an Attached GarageNo Open ParkingParking Spaces: 5Parking: Garage Attached
Frontage
Road Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer, Sewer: Public
Surface & Elevation
Topography: Terrain
Finished Area
Finished Area (above surface): 3227 Square FeetFinished Area (below surface): 4091 Square Feet

Days on Market

Days on Market: 46

Property Information

Year Built
Year Built: 2026
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Rambler/Ranch
Building
Construction Materials: Brick, Cedar, Stone, Cement SidingNot a New ConstructionDoes Not Include Home Warranty
Property Information
Condition: Blt./StandingIncluded in Sale: Ceiling Fan, Dryer, Microwave, Range, Range Hood, Refrigerator, WasherParcel Number: 457070001

Price & Status

Price
List Price: $3,750,000Price Per Sqft: $512

Active Status

MLS Status: Active

Media

Location

Direction & Address
City: OremCommunity: Ercanbrack Farms
School Information
Elementary School: Cherry HillElementary School District: AlpineJr High / Middle School: LakeridgeJr High / Middle School District: AlpineHigh School: Mountain ViewHigh School District: Alpine

Agent Information

Listing Agent
Listing ID: 2170076

Building

Building Area
Building Area: 7318 Square Feet

Community

Community Features: SidewalksNot Senior Community

HOA

No HOA

Lot Information

Lot Area: 0.51 acres

Documents

Disclaimer: Information not guaranteed. Buyer to verify all information.

Offer

Listing Terms: Cash, Conventional

Miscellaneous

BasementMls Number: 2170076Water ViewWater View: LakeAttribution Contact: 435-649-1884Above Grade Unfinished Area: 3227

Additional Information

SidewalksSource Internet Entire Listing Display

Around this home

Neighborhood Overview

Lakeview
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Lakeview

At least 17 Trulia users voted on each feature.

  • 95 % Say there are sidewalks

  • 86 % Say parking is easy

  • 76 % Say kids play outside

  • 76 % Say it's dog friendly

  • 75 % Say car is needed

  • 68 % Say it's quiet

  • 68 % Say yards are well-kept

  • 67 % Say there's holiday spirit

  • 59 % Say people would walk alone at night

  • 57 % Say it's walkable to grocery stores

  • 55 % Say streets are well-lit

  • 38 % Say neighbors are friendly

  • 32 % Say they plan to stay for at least 5 years

  • 25 % Say there are community events

  • 23 % Say it's walkable to restaurants

  • 19 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Marcusfinlinson
    "Lots of other dog owners and parks nearby. Plenty of space and places to go to walk your dogs or go play. A few nice parks nearby that are above average size, and it seems people love having dogs arouns."
    0
    Flag
  • Bladimir M.
    "The best community for live and have your family saved and secure , close to the most important business in Orem "
    0
    Flag
  • Elisabeth S.
    "Very close to freeway entrances for easy commute north and south. Close to UVU and a number of bus stops nearby. Frontrunner train station is a short drive away."
    0
    Flag
  • Jason l. b.
    "Potlucks, trunk or treats, neighborhood bbqs, a lot of get together’s as a neighborhood and community. "
    1
    Flag
  • Aubreyrose9
    " Nice people, quiet neighborhood. Clean and well kept grounds. Handicap accessibility. Children playing "
    2
    Flag
  • Amos
    "Lakeview neighborhood of Orem. Nice quiet neighborhood in Orem."
    2
    Flag

Market trends in Orem

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$507K
$4.71KMoM
Sale-to-List Price
99.4%
0.1%MoM
Price per sq ft
$240
$1MoM
Available listings
233
6MoM

Home Value

Trulia Estimate
$3.58M
Since last month
Decreased$33K (-0.9%)
Since last year
Decreased$33K (-0.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +469% in the last 10 years
MonthEstimated value
2026
August 2026$3.58M
July 2026$3.61M
2023
2022
2021
2020

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1442 S 135 W, Orem, UT
0.78
Single-Family Home
-
02/06/26
5
2
2,304

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
2068 S 140 W, Orem, UT 84058
0.04
$1,725,000
7
5.5
7,634
For Sale
281 W 2000 S, Orem, UT 84058
0.15
$549,800
5
3.5
2,482
For Sale
28 W 2060 S, Orem, UT 84058
0.20
$1,185,000
7
4.5
4,700
For Sale
2152 S 30 W, Orem, UT 84058
0.24
$2,995,000
6
6.5
11,576
For Sale
1679 N 2250 W #1, Provo, UT 84601
0.24
$1,950,000
5
5
6,152
For Sale
1682 N 2250 W #9, Provo, UT 84604
0.26
$2,250,000
8
6
6,777
For Sale
1840 S 45 W, Orem, UT 84058
0.29
$939,000
7
5
4,897
For Sale
1616 N 2100 W, Provo, UT 84604
0.37
$695,000
6
4
3,570
For Sale
158 E 1950th St S, Orem, UT 84058
0.45
$1,800,000
6
4.5
7,785
For Sale
2086 S 160 E, Orem, UT 84058
0.45
$1,100,000
6
4.5
4,743
For Sale
142 E 1820 S, Orem, UT 84058
0.49
$1,150,000
4
2.5
4,889
For Sale

Price and Tax history

DateEventPrice
Jul 7, 2026
Source: UtahRealEstate.com #2170076
PriceChange
$3,750,000
Price increased by 21%
Jul 6, 2025
Source: UtahRealEstate.com #2084308
Pending
$3,100,000
May 12, 2025
Source: UtahRealEstate.com #2084308
PriceChange
$3,100,000
Price increased by 464%
Apr 25, 2025
Source: UtahRealEstate.com #2080464
Listed For Sale
$549,900
Mar 6, 2024
Source: UtahRealEstate.com #1896408
ListingRemoved
$535,000

LGBTQ Local Legal Protections

Thomas Wright, Summit Sotheby's International Realty
Agent Phone: (801) 652-5700
Based on information from UtahRealEstate.com as of 2026-08-22 17:31:19 PDT. 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.Click here for more information

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Frequently asked questions about 159 W 2040 S

  • What is the estimated monthly payment for 159 W 2040 S?
    Based on a $3,750,000 list price with 20% down at today's rates, the estimated monthly payment for 159 W 2040 S in Orem, UT is approximately $21,115 (about $19,696 principal & interest, $1,344 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 159 W 2040 S compare to homes in Orem?
    159 W 2040 S in Orem, UT is listed at $3,750,000, about 640% above the $507K median sale price in Orem.
  • What do residents say about the Lakeview neighborhood?
    Residents describe the Lakeview neighborhood in Orem, UT as pedestrian-friendly, easy to park in, and dog-friendly. See homes for sale in Lakeview, Orem.
  • What are the closest schools to 159 W 2040 S?
    The closest schools to 159 W 2040 S in Orem, UT are Cherry Hill School (Pre-K/Elementary, rated 6/10), Lakeridge Jr High School (rated 7/10), Mountain View High School (rated 4/10).
  • Does 159 W 2040 S have air conditioning?
    Yes, 159 W 2040 S in Orem, UT has air conditioning.
  • Does 159 W 2040 S have laundry facilities?
    Yes, 159 W 2040 S in Orem, UT has in-unit laundry.
159 W 2040 S, Orem, UT 84058 is a 5 bedroom, 4 bathroom, 7,318 sqft single-family home built in 2026. 159 W 2040 S is located in Lakeview, Orem. This property is currently available for sale and was listed by UtahRealEstate.com on Jul 7, 2026. The MLS # for this home is MLS# 2170076.