4516 S GILEAD WAY, Salt Lake City, UT 84124
$7,500,000
Est. $45,021/mo
- Beds
- 5
- Baths
- 6
- Sq ft
- 8,360
- Built
- 2027
Why this home stands out
About this home
Set in the coveted Salt Lake foothills, this striking modern residence at 4516 Gilead Way blends refined architecture with sweeping mountain views. Clean contemporary lines, expansive glass, and a sophisticated palette of natural stone, warm wood, and metal create a home that feels both modern and timeless. Interiors curated by Debbie Barsh Interior Design showcase custom rift white oak cabinetry, natural stone surfaces, and carefully selected textures that bring warmth and elegance throughout. The open-concept great room is anchored by a dramatic fireplace and framed by walls of glass that flood the home with natural light. The chef's kitchen features quartzite countertops, professional appliances, and a beautifully detailed butler's pantry, designed for effortless entertaining. The private primary suite offers a serene retreat with custom wood paneling, a spa-inspired bath with a soaking tub, and a stunning walk-in dressing room with custom cabinetry and center island. The walk-out lower level is designed for lifestyle and wellness, featuring a fitness studio, sauna, steam room, lounge space, and kitchenette. An exceptional modern foothill home offering luxury design, thoughtful amenities, and breathtaking surroundings.
Features
- New construction
- Fireplace
- Bar: Dry
- Bar: Wet
- Bath: Primary
- Closet: Walk-In
- Den/Office
- Great Room
- Range: Gas
- Instantaneous Hot Water
- Deck; Covered
- Double Pane Windows
- Skylights
- Sliding Glass Doors
Agents
Connect with your buyer agent
Get local guidance on this home from Juston.
Salt Lake County Realtor | Smart Real Estate. Lasting Legacy.
20 yrs experience
Listed by Travis Clemens
Real Broker, LLC
MLS #2143474
Your message goes only to Juston.
See the deal analysis, value and rental income
Ask Juston how this home rates as a deal, what it should sell for, and what it could earn as a long-term or short-term rental.
- Deal score
- Estimated value
- Rental income
Schools
Granite- Oakridge
Elementary · 0.5 mi
61% proficient - Churchill
Middle School
- Skyline
High School
- Oakridge School
K-8 School · 0.5 mi
61% proficient - Upland Terrace School
K-8 School · 2.1 mi
54% proficient - Olympus High
High School · 2.4 mi
62% proficient
Nearby
Recreation
77 / 100- Trailhead · Neffs Canyon2329 ft
- Local Park · Fortuna Park0.8 mi
- Golf Course · Old Mill Golf Course2.6 mi
- Climbing · Parley's Canyon3.3 mi
Show 2 more
- State Park · This Is The Place Heritage Park5.8 mi
- Ski Resort · Snowbird Ski and Summer Resort9.5 mi
Everyday needs
81 / 100- School · Oakridge School2067 ft
- Grocery · Macey's1.0 mi
- Fire Station · Unified Fire Authority Station 1121.0 mi
- Gas Station · Lilco Petroleum Distributing1.1 mi
Show 9 more
- Bank · Wells Fargo Bank1.1 mi
- EV Charging · Electrify America Charging Station1.2 mi
- Cafe · McDonald's2.1 mi
- Pharmacy · Smith's Pharmacy2.1 mi
- Gym · Momentum Indoor Climbing Millcreek2.2 mi
- Restaurant · Pan Wok Restaurant2.3 mi
- Hospital · Dr. Brett S. Luddington, DC2.3 mi
- Park · Canyon Rim Park2.5 mi
- Doctors · somnus medical2.8 mi
Internet
Excellent · fiber · 100/100Google Fiber
Fiber · 8 Gbps
Quantum Fiber
Fiber · 3 Gbps
Xfinity
Cable · 2 Gbps
All 11 providers
- Google FiberFiber8 Gbps8 Gbps
- Quantum FiberFiber3 Gbps3 Gbps
- XfinityCable2 Gbps250 Mbps
- Utah BroadbandFixed Wireless1 Gbps1 Gbps
- CenturyLinkFiber500 Mbps500 Mbps
- VerizonFixed Wireless300 Mbps20 Mbps
- StarlinkSatellite280 Mbps30 Mbps
- HughesNetSatellite100 Mbps5 Mbps
- Viasat IncSatellite100 Mbps3 Mbps
- AT&TFixed Wireless0 Mbps0 Mbps
- CenturyLinkDSL0 Mbps0 Mbps
- T-MobileFixed Wireless0 Mbps0 Mbps
Home details
Property
- Type
- Residential
- Style
- Single Family Residence
- Architectural style
- Rambler/Ranch
- Year built
- 2027
- New construction
- Yes
- Stories
- 2
- Above grade area
- 3,917 sq ft
- Construction
- Composition,Stone,Other
- Subdivision
- MOUNT OLYMPUS COVE #2
- County
- Salt Lake
- Zoning
- Single-Family
- MLS #
- 2143474
Costs
- List price
- $7,500,000
- Annual taxes
- $30,000
- Home warranty
- No
Lot and parking
- Lot
- 0.40 ac
- Lot features
- Terrain: Hilly,View: Mountain,View: Valley,Private
- Garage
- 3 cars
- Covered spaces
- 3
- Total parking
- 3
Systems
- Heating
- Forced Air,Gas: Central
- Cooling
- Central Air
- Roof
- Metal
- Flooring
- Hardwood,Tile
- Basement
- Daylight
- Appliances
- Portable Dishwasher,Dryer,Freezer,Microwave,Range Hood,Refrigerator,Washer
- Laundry
- Electric Dryer Hookup
- Sewer
- Sewer: Connected
- View
- Mountain(s),Valley
All home details58 details
Property Info
- Property Type
- Residential
- Property Style
- Single Family Residence
- Architectural Style
- Rambler/Ranch
- MLS #
- 2143474
- County
- Salt Lake
- Subdivision
- MOUNT OLYMPUS COVE #2
- Year Built
- 2027
- New Construction
- Yes
- Stories
- 2
- Total Rooms
- 25
- Living Area
- 8,360 sq ft
- Above Grade Area
- 3,917 sq ft
- Lot Size (Acres)
- 0.4
- Lot Size
- 17,424 sq ft
- Zoning
- Single-Family
Bedrooms & Baths
- Bedrooms
- 5
- Total Bathrooms
- 6
- Full Baths
- 3
- Half Baths
- 2
- ¾ Baths
- 1
Financial
- List Price
- $7,500,000
- Original Price
- $7,500,000
- HOA
- No
- Annual Taxes
- $30,000
- Home Warranty
- No
Structure
- Construction
- Composition,Stone,Other
- Basement
- Daylight
- Roof
- Metal
- Flooring
- Hardwood,Tile
- Heating
- Forced Air,Gas: Central
- Cooling
- Central Air
- Appliances
- Portable Dishwasher,Dryer,Freezer,Microwave,Range Hood,Refrigerator,Washer
- Laundry
- Electric Dryer Hookup
Lot & Land
- Lot Features
- Terrain: Hilly,View: Mountain,View: Valley,Private
- Topography
- Terrain: Hilly, View: Mountain, View: Valley, Private
- View
- Mountain(s),Valley
- Waterfront
- No
- Horse Property
- No
Parking
- Garage
- Yes
- Garage Spaces
- 3
- Carport
- No
- Covered Spaces
- 3
- Total Parking
- 3
- ADU
- No
Amenities
- Fireplace
- Yes
- Fireplaces
- 6
- Pool
- No
- Spa/Hot Tub
- No
- Inclusions
- Dishwasher: Portable, Dryer, Fireplace Equipment, Fireplace Insert, Freezer, Humidifier, Microwave, Range, Range Hood, Refrigerator, Washer, Smart Thermostat(s)
Utilities
- Sewer
- Sewer: Connected
- Utilities
- Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected
Schools
- Elementary
- Oakridge
- Middle School
- Churchill
- High School
- Skyline
- Elementary District
- Granite
Timeline
- Listed
- Mar 16, 2026
- Days on Market
- 200
- Status
- Active
Salt Lake City market
Explore Salt Lake CitySalt Lake City median
$548,900
This home: 1266% above
Days to sell
54
Utah: 70
Homes for sale
801
Price range
$185k – $8M
Sale to list
98%
Market
Buyer's market
SafetyHigh Crime · 147.1 incidents per 1,000 residents · 217% above the Utah average
Safety rating 1.0 out of 10.
Violent
28.7
per 1,000 · national 3.6
Property
83.9
per 1,000 · national 17.6
vs Utah
+217%
46.4 per 1,000 statewide
vs Salt Lake
+118%
67.5 per 1,000 countywide
Society
34.5
per 1,000
Population 212,675 · 2024 reports · Local rates use NIBRS; national rates use FBI UCR index crimes, which count fewer offense types.
Location
MOUNT OLYMPUS COVE #24516 S GILEAD WAY, Salt Lake City, UT 84124
Open in map searchCommon questions
About 4516 S GILEAD WAY, Salt Lake City, UtahWhat is the asking price for 4516 S GILEAD WAY, Salt Lake City?
4516 S GILEAD WAY, Salt Lake City is listed at $7,500,000 ($897/sqft). This listing is currently active and available for showings.
Is 4516 S GILEAD WAY, Salt Lake City a good deal?
Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 10/100. The price is 103% above similar homes in the area. This analysis considers price relative to comparables, days on market, price reductions, and market conditions.
Is 4516 S GILEAD WAY, Salt Lake City a good investment property?
Based on market rental data, this property has an estimated annual rent of $74,892 with a gross rental yield of 1.0%. Net rental yield (after estimated expenses): 0.7%. Estimated debt service coverage ratio (DSCR): 0.14. Investor score: 15/100. These are estimates based on area comparables.
What lifestyle features does 4516 S GILEAD WAY, Salt Lake City offer?
Propaired's AI has identified 5 lifestyle features for this property: Luxury Estate, Trailhead & Hiking, Hot Tub & Spa, Scenic Views, New Construction. The primary lifestyle niche is "luxury_estate." These tags are derived from MLS data, property features, and location analysis.
What recreation is near 4516 S GILEAD WAY, Salt Lake City?
This property has a recreation score of 77/100. Nearby recreation includes: Neffs Canyon trailhead (0.4 mi); Fortuna Park park (0.8 mi); Old Mill Golf Course (2.6 mi); This Is The Place Heritage Park (5.8 mi). Skiing: Snowbird Ski and Summer Resort (9.5 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.
What amenities and services are near 4516 S GILEAD WAY, Salt Lake City?
This property has an amenity proximity score of 81/100. Nearby services include: Grocery: Macey's (1.0 mi); Hospital: Dr. Brett S. Luddington, DC (2.3 mi); Pharmacy: Smith's Pharmacy (2.1 mi); Dining: Pan Wok Restaurant (2.3 mi). Gas station: 1.1 miles. Gym: Momentum Indoor Climbing Millcreek (2.2 mi).
All 8 questions
What schools serve 4516 S GILEAD WAY, Salt Lake City?
Assigned schools: Elementary: Oakridge; Middle: Churchill; High: Skyline. There are 5 schools within 3 miles of this property. The highest-rated nearby school is Olympus High with a 62% state performance score (2.4 miles away). School district: Granite.
What is the internet speed at 4516 S GILEAD WAY, Salt Lake City?
This property has a broadband score of 100/100 (Excellent). Best available speed: 8000 Mbps download / 8000 Mbps upload. Fiber internet is available at this address. Available providers: AT&T (0 Mbps, Fixed Wireless); CenturyLink (500 Mbps, Fiber); CenturyLink (0 Mbps, DSL). Total providers: 11.
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