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492 S 1000 , Orem, UT 84058

$1,340,000

8
beds
3 full · 3 half
baths
8,626
sqft
1993
year built

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.

Highlights

  • Residential
  • Single Family Residence
  • Built in 1993
  • 0.46 Acre Lot
  • 4 Car Garage
  • 27 days on Market

  • Bedrooms
    8
  • Bathrooms
    3 full · 3 half
  • Year Built
    1993
  • Stories
    4.0
  • Architectural Style
    Stories: 2
  • Construction Materials
    Aluminum Siding, Brick
  • Garage Spaces
    4.0
  • Parking Features
    RV Access/Parking
  • Living Area
    8626.0
  • Interior Features
    Walk-In Closet(s), In-Law Floorplan, Central Vacuum
  • Appliances
    Dryer, Microwave, Refrigerator, Washer, Range, Disposal, Gas Range, Oven, Water Softener Owned, Double Oven
  • Flooring
    Hardwood, Tile, Carpet
  • Exterior Features
    Lighting, Balcony
  • Cooling
    Ceiling Fan(s), Central Air
  • Heating
    Forced Air, Natural Gas, Central, Radiant
  • Basement
    Full, Walk-Out Access

  • Acres
    0.46
  • View
    Mountain(s), Lake, Valley
  • Utilities
    Natural Gas Available, Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected

  • Area
    Orem; Provo; Sundance
  • County
    Utah
  • City
    Orem
  • Neighborhood
    RAWLINGS
  • Zip Code
    84058
  • High School
    Mountain View
  • Middle School
    Lakeridge
  • Elementary School
    Orem

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Frequently Asked Questions

How do I schedule a tour of 492 S 1000?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 492 S 1000.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 492 S 1000?

Click Ask a Question to talk with our team. You already know it is a 8 bed, 3 bath, listed for $1,340,000. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Orem, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 492 S 1000?

With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 492 S 1000 at around $7,793. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 492 S 1000?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Utah County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 492 S 1000?

In most cases, yes. Whether 492 S 1000 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Orem's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 492 S 1000?

We can handle that for you. Our preferred local agent specializes in residentials in Orem and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $1,340,000 with 8,626 sqft of space—that comes out to approximately $155 per square foot.

How long has this property been on the market?

492 S 1000 was listed on October 11, 2026, which means it's been on the market for 27 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1993, making it approximately 33 years old.

What is the lot size of this property?

492 S 1000 sits on a 0.46-acre lot, which is 20,038 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Orem
  • Middle: Lakeridge
  • High: Mountain View

Want to see how these schools compare? Check out our Utah County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 492 S 1000?

The most recent public record shows annual property taxes for 492 S 1000 were approximately $6,332. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 492 S 1000 still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of November 07, 2026 at 05:45PM. 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.

Last Updated: November 07, 2026 at 05:45PM | Source: UtahRealEstatecom | MLS#: 2193805