Project Overview
Located just a few miles south of Provo (a city that most residents agree has become overcrowded) sits the quaint town of Mapleton, which has managed to maintain the type of open space that typically requires a much longer commute to the population centers and job hubs like Provo-Orem.
Statewide, Utah is experiencing a housing shortage of an estimated 44,000 units, and forecasting shows steady population growth though 2050. As large cities become larger, smaller towns nearby become increasingly desirable.
Initial Building Lot Selection
The Lyons Real Estate Fund has secured 3 residential building lots in a neighborhood where home values range from $1,000,000 to $4,000,000. Our target sales price of the 3 custom homes to be built is $1.5 million, which we feel is the “sweet spot” for this particular neighborhood, and for which buyer interest has already been established.
Home Plans
Lyons Real Estate, in partnership with Augusta Fine Homes, will construct custom homes in Mapleton, UT – a scenic, high-end town nestled at the foot of the Wasatch Mountains. Each of the approximately 5,500 square foot homes will be set on prime half-acre lots surrounded by horse properties. To capture the charm of the area, plans feature upscale, European-country style architecture with modern finishes. Highlights of the plans include large master suites on the main floor, 6 bedrooms, 4.5 baths, and an extra-spacious 4-car garage.
Lot 20 Updates – UNDER CONTRACT
This home is nearing completion and is currently under contract.
Lot 28 Updates
MAPLE LEAF COVE LOT 30
