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Lehi, Utah

Fixer Upper Homes for Sale in Lehi, Utah

Fixer-uppers in Lehi are harder to find than they used to be. The city's explosive growth — driven by Silicon Slopes employers like Adobe, Xant, and the Thanksgiving Point tech corridor — has filled in most of the open land with newer builds from 2005 onward. The genuine project homes that do hit the market tend to cluster in older pockets: the historic grid around Center Street and 100 East, the post-war neighborhoods south of Main, and a handful of mid-century ranches on larger lots near 1200 East. Pricing on these properties typically lands well below Lehi's median of roughly $600K, but condition varies wildly — anything from cosmetic paint-and-flooring jobs to homes needing foundation work, roof replacement, or full electrical and plumbing updates.

Buyers chasing renovation projects in Lehi usually fall into two camps: investors flipping for the strong resale demand from tech workers, and owner-occupants who want a larger lot or established trees that newer Traverse Mountain and Holbrook Farms builds can't match. Renovation loans (FHA 203k, Fannie Mae HomeStyle) are common tools here, and Utah County's permit office in Spanish Fork handles inspections for unincorporated work while Lehi City processes permits inside city limits. Older homes may also sit on irrigation shares or have detached outbuildings worth checking against current zoning. Browse the active listings below to see which project homes are currently on the market in Lehi.

May 2026 · Lehi market

Live from the Utah MLS — what's actually happening in Lehi right now.

Full Lehi market report
Median sale
$589,900
133 closed in May 2026
Median DOM
10 days
listing → contract
Sale-to-list
99.5%
of final list price
Unsold inventory
409
active + pending

3 matching · page 1 of 1

Active listings

Common questions

About fixer upper homes in Lehi.

Where in Lehi are most fixer-uppers located?

The bulk of project homes sit in older neighborhoods near Center Street, the blocks south of Main, and along 1200 East where mid-century ranches on quarter-acre-plus lots still turn over. Newer master-planned areas like Traverse Mountain, Holbrook Farms, and Spring Creek rarely produce true fixers since most homes there are under 20 years old.

What's the typical price range for a fixer-upper in Lehi?

Most renovation candidates list between roughly $400K and $550K, depending on lot size and scope of work. Heavy-rehab properties with foundation or structural issues occasionally come in under $400K, but those are uncommon given Lehi's land values along the Silicon Slopes corridor.

Can I use an FHA 203k or renovation loan on these homes?

Yes, and many Lehi buyers do. FHA 203k and Fannie Mae HomeStyle loans roll the purchase and renovation costs into one mortgage, which works well for owner-occupants. Investors typically use hard money or conventional loans with separate construction financing.

Are permits required for renovations inside Lehi city limits?

Most structural, electrical, plumbing, HVAC, and roofing work requires a permit from Lehi City's building department. Cosmetic updates like paint, flooring, and cabinets generally don't. It's worth pulling the permit history on any older home — unpermitted additions are common in the historic core and can complicate appraisals.

Do older Lehi homes come with irrigation water shares?

Many do. Pressurized irrigation rights through the North Union or Lehi Irrigation Company often transfer with older properties, which is a real perk for anyone planning landscaping or a garden. Confirm share status in the title work — they don't always automatically convey.

How competitive is the fixer-upper market in Lehi right now?

Inventory is tight. Investor demand from flippers targeting tech-worker buyers keeps well-priced projects moving quickly, sometimes with multiple offers in the first weekend. Owner-occupants using 203k loans should be ready to compete on terms, not just price.