197 W OLYMPIC LN, Elk Ridge, UT 84651

$325,000

Est. $1,935/mo

Acres
0.35
Type
Residential
Days listed
26

About this home

Nestled in the scenic hills of Elk Ridge, this .345-acre lot offers the perfect blend of tranquility, natural beauty, and opportunity. Surrounded by stunning mountain views and established homes, this property provides an ideal setting to create a custom home tailored to your lifestyle. Enjoy peaceful surroundings, fresh mountain air, and easy access to nearby parks, trails, and everyday conveniences. With plenty of space to design the home and outdoor living areas you've been dreaming of, this is your chance to build in one of Utah County's most sought-after communities. Square footage figures are provided as a courtesy estimate only and were obtained from appraisal; buyer is advised to obtain an independent measurement.

Agents

Connect with your buyer agent

Get local guidance on this home from Juston.

JP

Salt Lake County Realtor | Smart Real Estate. Lasting Legacy.

KW Utah Realtors Keller Williams (REVO)

20 yrs experience

Salt Lake City, West Valley City
Dedicated buyer representation

Listed by Peggy Case

Berkshire Hathaway HomeServices Elite Real Estate

MLS #2160109

Your message goes only to Juston.

Schools

Nebo

Home details

Property

Type
Land
Style
Residential
Stories
0
Condition
Blt./Standing
Subdivision
HASKELL
County
Utah
Zoning
Single-Family
MLS #
2160109

Costs

List price
$325,000
Annual taxes
$2,007
Home warranty
No

Lot and parking

Lot
0.35 ac
Lot features
Curb & Gutter,Sidewalks
Covered spaces
0
Total parking
0
All home details36 details

Property Info

Property Type
Land
Property Style
Residential
Condition
Blt./Standing
MLS #
2160109
County
Utah
Subdivision
HASKELL
New Construction
No
Stories
0
Total Rooms
0
Lot Size (Acres)
0.35
Lot Size
15,246 sq ft
Zoning
Single-Family

Financial

List Price
$325,000
Original Price
$325,000
HOA
No
Annual Taxes
$2,007
Home Warranty
No

Lot & Land

Lot Features
Curb & Gutter,Sidewalks
Waterfront
No
Horse Property
No

Parking

Garage
No
Carport
No
Covered Spaces
0
Total Parking
0
ADU
No

Amenities

Fireplace
No
Pool
No
Spa/Hot Tub
No

Schools

Elementary
Mt Loafer
Middle School
Salem Jr
High School
Salem Hills
Elementary District
Nebo

Timeline

Listed
May 22, 2026
Days on Market
26
Status
Active

Media

Elk Ridge market

Explore Elk Ridge
  • Elk Ridge median

    $789,900

    This home: 59% below

  • Days to sell

    61

    Utah: 70

  • Homes for sale

    24

  • Price range

    $500k – $2.99M

  • Sale to list

    99%

  • Market

    Balanced market

Common questions

About 197 W OLYMPIC LN, Elk Ridge, Utah
What is the asking price for 197 W OLYMPIC LN, Elk Ridge?

197 W OLYMPIC LN, Elk Ridge is listed at $325,000. This listing is currently active and available for showings.

How long has 197 W OLYMPIC LN, Elk Ridge been on the market?

This property has been listed for 26 days. The average days on market in Elk Ridge is 61 days, meaning this listing is moving faster than the local average.

What schools serve 197 W OLYMPIC LN, Elk Ridge?

Assigned schools: Elementary: Mt Loafer; Middle: Salem Jr; High: Salem Hills. School district: Nebo.

How does this listing compare to the Elk Ridge market?

197 W OLYMPIC LN, Elk Ridge is listed at $325,000, which is below the Elk Ridge median of $789,900 by $464,900. There are currently 24 active listings in Elk Ridge. Homes in Elk Ridge sell in an average of 61 days. The average sale-to-list ratio is 99.2%.

What would homeowner's insurance cost for 197 W OLYMPIC LN, Elk Ridge?

Homeowner's insurance in Utah typically ranges from 0.3% to 0.5% of the home's value annually. For a home listed at $325,000, expect approximately $975-$1,625/year ($81-$135/month). Get multiple quotes — rates vary significantly by insurer.

Could 197 W OLYMPIC LN, Elk Ridge be a 1031 exchange property?

Yes, 197 W OLYMPIC LN, Elk Ridge could potentially qualify for a 1031 like-kind exchange if used as an investment or business property. A 1031 exchange allows deferral of capital gains taxes by reinvesting proceeds from one investment property into another. Key requirements include identifying a replacement property within 45 days and closing within 180 days. The property must be held for investment purposes — personal residences do not qualify. Consult a qualified intermediary and tax advisor for specific guidance.

All 8 questions
What type of property is 197 W OLYMPIC LN, Elk Ridge?

197 W OLYMPIC LN, Elk Ridge is a Land (Residential). It is located in the HASKELL subdivision. Zoning: Single-Family.

What high school is near 197 W OLYMPIC LN, Elk Ridge?

The nearest high school is Salem Hills. View the full school profile on Propaired for test scores, enrollment, and student-to-teacher ratios.

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