Exceptional 8,700 Sq. Ft. Home Near UVU with Accessory Apartment, Home Business Space & Abundant Storage:
Discover the possibilities in this impressive 8,700-square-foot home in Orem, conveniently located near Utah Valley University! With generous living spaces and a versatile layout, this home offers outstanding potential for a large family, multigenerational living, working from home, or potential for rental income.
The main level features a family room, living room, kitchen, office, laundry room, bathroom and a mud room.
The upstairs features a spacious primary suite with a large private bathroom, plus three additional bedrooms and a large bathroom with a jacuzzi tub. Four gas fireplaces throughout the home add warmth and character, while a large upper-level loft offers even more room for relaxing, entertaining, or creating a gathering area.
Flexible space for work or business: Above the garage are three additional rooms with a separate exterior entrance. This space offers excellent potential for a home office, business workspace, or other uses to suit your needs.
Approved basement accessory apartment: The basement features an approved accessory apartment that can be configured as either a two- or three-bedroom unit with two bathrooms. This versatile space offers possibilities for extended family, multigenerational living, or potential rental income.
Exceptional garage space and storage: The property includes a three-car garage, two additional smaller garages ideal for lawn equipment or extra storage, a double-car driveway, and ample additional parking along the side of the house. A huge cold-storage room beneath the front porch provides even more valuable storage space.
Built with quality and functionality in mind, this substantial home also features a new roof installed last year.
With 8,700 square feet of space, multiple living possibilities, dedicated work areas, abundant parking, and a location near UVU, this property offers a unique opportunity to create a home that fits your family's needs today and into the future.
For sale by owner
$1,350,000
492 S 1000 W, Orem, UT 84058
11beds
8,626sqft
SingleFamily
Built in 1993
0.5 Acres Lot
$1,428,846 Zestimate®
$157/sqft
$-- HOA
What's special
Three-car garageDouble-car drivewayApproved basement accessory apartmentMud roomSpacious primary suiteFamily roomLarge upper-level loft
- 1 day
- 228
- 17
Listed by:
Property Owner (801) 372-4368
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 7
- Full bathrooms: 3
- 3/4 bathrooms: 1
- 1/2 bathrooms: 3
Heating
- Forced air, Radiant, Gas
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Tile, Carpet, Hardwood, Laminate
- Basement: Finished
- Has fireplace: Yes
Interior area
- Total interior livable area: 8,626 sqft
Property
Parking
- Total spaces: 12
- Parking features: Garage - Attached
Features
- Exterior features: Vinyl, Brick
- Has view: Yes
- View description: Water, Mountain
- Has water view: Yes
- Water view: Water
Lot
- Size: 0.5 Acres
Details
- Parcel number: 511920001
Construction
Type & style
- Home type: SingleFamily
Materials
- masonry
- Roof: Shake / Shingle
Condition
- New construction: No
- Year built: 1993
Community & HOA
Location
- Region: Orem
Financial & listing details
- Price per square foot: $157/sqft
- Tax assessed value: $1,307,300
- Annual tax amount: $5,726
- Date on market: 10/12/2026
Estimated market value
$1,428,846
$1.29M - $1.59M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/12/2026 | Listed for sale | $1,350,000+10.5%$157/sqft |
Source: Owner Report a problem | ||
| 10/1/2024 | Listing removed | $1,222,210$142/sqft |
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| 9/30/2024 | Price change | $1,222,2100%$142/sqft |
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| 9/14/2024 | Price change | $1,222,3100%$142/sqft |
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| 9/4/2024 | Price change | $1,222,3600%$142/sqft |
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| 8/29/2024 | Price change | $1,222,4100%$142/sqft |
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| 8/21/2024 | Price change | $1,222,4600%$142/sqft |
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| 8/17/2024 | Price change | $1,222,5100%$142/sqft |
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| 8/14/2024 | Price change | $1,222,5600%$142/sqft |
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| 8/8/2024 | Price change | $1,222,6100%$142/sqft |
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| 8/3/2024 | Price change | $1,222,6600%$142/sqft |
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| 8/1/2024 | Price change | $1,222,7100%$142/sqft |
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| 7/29/2024 | Price change | $1,222,7600%$142/sqft |
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| 7/18/2024 | Price change | $1,222,8100%$142/sqft |
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| 7/15/2024 | Price change | $1,222,8600%$142/sqft |
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| 7/11/2024 | Price change | $1,222,9100%$142/sqft |
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| 7/8/2024 | Price change | $1,222,9600%$142/sqft |
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| 7/1/2024 | Price change | $1,223,0100%$142/sqft |
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| 6/26/2024 | Price change | $1,223,0600%$142/sqft |
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| 6/13/2024 | Price change | $1,223,1100%$142/sqft |
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| 6/11/2024 | Price change | $1,223,1600%$142/sqft |
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| 6/6/2024 | Price change | $1,223,2100%$142/sqft |
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| 5/20/2024 | Listed for sale | $1,223,310$142/sqft |
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| 5/3/2024 | Pending sale | $1,223,310$142/sqft |
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| 5/1/2024 | Listed for sale | $1,223,310$142/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,726 +14.7% | $1,307,300 +17.8% |
| 2024 | $4,993 +12.7% | $1,110,000 +4.9% |
| 2023 | $4,430 -15.1% | $1,058,600 -12.3% |
| 2022 | $5,215 +7% | $1,207,300 +133.5% |
| 2021 | $4,874 +4.5% | $517,000 -41.5% |
| 2020 | $4,666 +5.5% | $884,400 +84.5% |
| 2019 | $4,423 -2.2% | $479,435 -43.6% |
| 2018 | $4,523 +8.1% | $850,600 +86.4% |
| 2017 | $4,185 | $456,225 +17.2% |
| 2016 | $4,185 -5.4% | $389,290 |
| 2015 | $4,425 +13.1% | $389,290 +13.6% |
| 2014 | $3,911 | $342,540 +17% |
| 2013 | -- | $292,710 +3.9% |
| 2012 | -- | $281,600 -17.6% |
| 2009 | -- | $341,935 -8.9% |
| 2008 | -- | $375,375 -4% |
| 2007 | -- | $391,050 +6.9% |
| 2006 | -- | $365,970 +5% |
| 2005 | -- | $348,577 |
| 2003 | -- | $348,577 -45% |
| 2001 | $3,594 +5.8% | $633,777 +99% |
| 2000 | $3,396 | $318,508 |
Find assessor info on the county website
Monthly payment
Est. payment





