Nestled in one of Draper's most sought-after neighborhoods, this stunning two-story home has a new roof, flooring & paint. It offers the perfect blend of elegance, space, and breathtaking scenery. From the moment you step inside, you'll be welcomed by soaring ceilings, abundant natural light, and an open, inviting layout designed for both comfortable living and effortless entertaining. The spacious kitchen flows seamlessly into the large family room, creating the ideal gathering space for family and friends. Formal living and dining rooms add timeless charm and flexibility for hosting special occasions. Step outside and take in the incredible unobstructed mountain views, a truly spectacular backdrop you can enjoy every day. The walk-out basement features a fully equipped mother-in-law apartment, offering exceptional versatility for guests, multi-generational living, or potential rental income. With its prime Draper location, stunning views, and thoughtfully designed spaces, this home is a rare opportunity you won't want to miss. Square footage figures are provided as a courtesy estimate only and were obtained from County Records. Buyer is advised to obtain an independent measurement.
Accepting backups
Price cut: $115K (6/5)
$1,285,000
12317 S Cypress Point Way, Draper, UT 84020
5beds
4,284sqft
Single Family Residence
Built in 1995
0.28 Acres Lot
$1,249,800 Zestimate®
$300/sqft
$-- HOA
What's special
Fully equipped mother-in-law apartmentStunning viewsNew roofOpen inviting layoutSpacious kitchenIncredible unobstructed mountain viewsWalk-out basement
- 41 days |
- 551 |
- 45 |
Zillow last checked:
Listing updated:
Listed by:
Jean Colosimo 801-557-7972,
Masters Utah Real Estate
Source: UtahRealEstate.com,MLS#: 2158310
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Partial bathrooms: 1
Rooms
- Room types: Den/Office, Great Room
Primary bedroom
- Level: Second
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Microwave, Refrigerator, Disposal, Built-In Range
- Laundry: Gas Dryer Hookup
Features
- Basement Apartment, Walk-In Closet(s), In-Law Floorplan, Vaulted Ceiling(s)
- Flooring: Carpet, Travertine
- Doors: French Doors
- Windows: Blinds, Drapes, Skylight(s)
- Basement: Walk-Out Access,Basement Entrance
- Number of fireplaces: 2
Interior area
- Total structure area: 4,284
- Total interior livable area: 4,284 sqft
- Finished area above ground: 2,803
- Finished area below ground: 1,481
Property
Parking
- Total spaces: 3
- Parking features: Garage - Attached
- Attached garage spaces: 3
Features
- Levels: Two
- Stories: 3
- Patio & porch: Patio, Open Patio
- Exterior features: Entry (Foyer)
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 0.28 Acres
- Features: Curb & Gutter, Sprinkler: Auto-Full
- Residential vegetation: Landscaping: Full, Mature Trees, Terraced Yard
Details
- Parcel number: 2828330007
- Zoning: 1115
- Zoning description: Single-Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stone, Stucco
- Roof: Asphalt
Condition
- Blt./Standing
- New construction: No
- Year built: 1995
- Major remodel year: 2009
Utilities & green energy
- Sewer: Public Sewer, Sewer: Public
- Water: Culinary
- Utilities for property: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Masters At Draper Ph 1 Amd
HOA
- Has HOA: No
Location
- Region: Draper
Financial & listing details
- Price per square foot: $300/sqft
- Tax assessed value: $941,300
- Annual tax amount: $5,082
- Date on market: 5/15/2026
- Listing terms: Cash,Conventional
- Inclusions: Microwave, Range, Refrigerator
- Acres allowed for irrigation: 0
- Electric utility on property: Yes
Estimated market value
$1,249,800
$1.19M - $1.31M
$4,203/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2026 | Price change | $1,285,000-8.2%$300/sqft |
Source:  UtahRealEstate.com #2158310 Report a problem | ||
| 5/15/2026 | Listed for sale | $1,400,000$327/sqft |
Source: UtahRealEstate.com #2158310 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,928 +6.7% | $517,715 +7.5% |
| 2023 | $4,616 -2.6% | $481,470 +0.9% |
| 2022 | $4,738 +10.5% | $477,290 +29.3% |
| 2021 | $4,289 -1.6% | $369,105 +3.8% |
| 2020 | $4,359 -1.6% | $355,575 +0.7% |
| 2019 | $4,429 -2.5% | $353,045 -0.4% |
| 2018 | $4,544 +3.2% | $354,640 -40.8% |
| 2017 | $4,403 +4.2% | $599,300 +6.4% |
| 2016 | $4,224 +3.4% | $563,400 +0.2% |
| 2015 | $4,086 | $562,200 +4.8% |
| 2014 | -- | $536,600 +4.3% |
| 2013 | -- | $514,500 +3.6% |
| 2012 | -- | $496,600 -2.8% |
| 2011 | -- | $510,700 -4.5% |
| 2010 | -- | $534,700 -1.5% |
| 2009 | -- | $542,700 -0.8% |
| 2008 | $3,346 | $547,000 +4.4% |
| 2007 | -- | $523,900 +16.6% |
| 2006 | -- | $449,300 +3.5% |
| 2005 | -- | $434,100 +7.7% |
| 2002 | -- | $402,900 +8.7% |
| 2001 | -- | $370,700 +34.5% |
| 2000 | -- | $275,700 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 84020
Nearby schools
GreatSchools rating
- 5/10Lone Peak Elementary SchoolGrades: K-5Distance: 1.4 mi
- 6/10Draper Park Middle SchoolGrades: 6-8Distance: 1 mi
- 8/10Corner Canyon HighGrades: 8-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Draper
- Middle: Draper Park
- High: Corner Canyon
- District: Canyons
Source: UtahRealEstate.com. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Utah
- Salt Lake County
- Draper
- 84020
- 12317 S Cypress Point Way
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