159 W  2040 S, Orem, UT 84058
Property image
Property image
FOR SALE
NEW - 1 DAY AGO
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
Est. Mortgage $20,066/mo*

$3,750,000

Original price: $3,100,000
Est. Mortgage $20,066/mo*
5 Beds
4.5 Baths
7,318 sqft
(on 0.51 acres)

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

Description

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.

Home Highlights

Parking
5 Car Garage
Outdoor
Patio, Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
$512
Listed
1 day ago

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: 1

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

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
Last check for updates: about 4 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.

Market trends in Orem

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$499K
$11.17K
MoM
Sale-to-List Price
98.8%
0.1%
MoM
Price per sq ft
$239
$3
MoM
Available listings
222
26
MoM

Price History for 159 W 2040 S

DatePriceEventSource
07/07/2026$3,750,000PriceChange
UtahRealEstate.com #2170076
07/06/2025$3,100,000PendingUtahRealEstate.com #2084308
05/12/2025$3,100,000PriceChange
UtahRealEstate.com #2084308
04/25/2025$549,900Listed For SaleUtahRealEstate.com #2080464
03/06/2024$535,000ListingRemovedUtahRealEstate.com #1896408
02/22/2024$535,000PriceChange
UtahRealEstate.com #1896408
02/02/2024$550,000PriceChange
UtahRealEstate.com #1896408
12/08/2023$565,000PriceChange
UtahRealEstate.com #1896408
11/03/2023$555,000PriceChange
UtahRealEstate.com #1896408
10/12/2023$569,000PriceChange
UtahRealEstate.com #1896408
08/24/2023$575,000Listed For SaleUtahRealEstate.com #1896408
02/15/2019$319,000ListingRemovedAgent Provided
01/18/2019$319,000PriceChange
Agent Provided
10/09/2018$379,000Listed For SaleAgent Provided

Similar Homes You May Like

Skip to last item
Skip to first item

New Listings near 159 W 2040 S

Skip to last item
Skip to first item

Property Tax and Assessment

Year2024
Tax$3,797
Assessment$464,300
Home facts updated by county records

Comparable Sales for 159 W 2040 S

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.78
Single-Family Home
-
02/06/26
5
2
2,304

Nearby homes

Get a sense of prices in the area by checking nearby homes.
Skip to last item
Skip to first item

Assigned Schools

These are the assigned schools for 159 W 2040 S.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

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."
  • Bladimir M.
    "The best community for live and have your family saved and secure , close to the most important business in Orem "
  • 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."
  • Jason l. b.
    "Potlucks, trunk or treats, neighborhood bbqs, a lot of get together’s as a neighborhood and community. "
  • Aubreyrose9
    " Nice people, quiet neighborhood. Clean and well kept grounds. Handicap accessibility. Children playing "
  • Amos
    "Lakeview neighborhood of Orem. Nice quiet neighborhood in Orem."

LGBTQ Local Legal Protections

Thomas Wright, Summit Sotheby's International Realty
Agent Phone: (801) 652-5700
Based on information from UtahRealEstate.com as of 2026-03-26 15:41:24 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
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.