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4531 S MATHEWS WAY

Salt Lake City, UT 84124

Neighborhood: MT. OLYMPUS COVE

$3,100,000
-$199.0k

Originally listed at $3,485,000

MLS #2134861

Beds
6
Baths
6
Sq Ft
8,143
Lot
0.38 ac
Built
1977
Garage
3 car
View virtual tour
Has view Fireplace Attached garage Central A/C

About this home

This home for sale at 4531 S MATHEWS WAY Salt Lake City, UT 84124 has been listed at $3,100,000 and has been on the market for 139 days.

Full description

Custom luxury home located in Salt Lake City's highly sought-after Olympus Cove at the base of Mount Olympus, offering sweeping valley, city and mountain views and the end of the cul da sac. The main level is designed to maximize views and livability, featuring an open entry anchored by a floor-to-ceiling stone fireplace and expansive windows that frame the surrounding landscape. The kitchen includes a generous island, a full suite of high-end appliances, custom cabinetry, a large walk-in pantry, and adjacent main-floor laundry. A waterfall feature integrated into the exterior connects the home naturally to the mountainside and serves as a distinctive architectural element. A designated home gym overlooks the valley. The home offers 6 bedrooms and 6 bathrooms, including a spacious primary suite on the main level with deck access and an en-suite bath featuring dual vanities and a steam shower, as well as double walk in closets. The upper level includes two bonus spaces, one currently used as an office with incredible views overlooking Neffs Canyon.The fully finished walkout lower level provides additional living space, including a dedicated theater room, custom bunk room, additional guest bedroom, and a versatile bonus room suitable for recreation or entertaining. Ample custom built-ins are found throughout, along with a concealed temperature controlled wine room integrated into the bookcase. Additional upgrades include radiant in-floor heating throughout the main living areas, primary suite, driveway, and walkways, a home sound system, backup generator, play set, and hot tub. This elevated setting provides privacy while remaining conveniently close to freeway access, downtown Salt Lake City, Salt Lake International Airport, and year-round outdoor recreation.

Property highlights

  • Custom luxury home located in Salt Lake City's highly sought-after Olympus Cove at the base of Mount Olympus, offering sweeping valley, city and mountain views and the end of the cul da sac. .
  • The main level is designed to maximize views and livability, featuring an open entry anchored by a floor-to-ceiling stone fireplace and expansive windows that frame the surrounding landscape. .
  • The kitchen includes a generous island, a full suite of high-end appliances, custom cabinetry, a large walk-in pantry, and adjacent main-floor laundry. .
  • A designated home gym overlooks the valley. .
  • The home offers 6 bedrooms and 6 bathrooms, including a spacious primary suite on the main level with deck access and an en-suite bath featuring dual vanities and a steam shower, as well as double walk in closets. .
  • The upper level includes two bonus spaces, one currently used as an office with incredible views overlooking Neffs Canyon. The fully finished walkout lower level provides additional living space, including a dedicated theater room, custom bunk room, additional guest bedroom, and a versatile bonus room suitable for recreation or entertaining. .

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Property details

Property Type
Residential
Sub-type
Single Family Residence
Status
Active
Days on Market
139
Bedrooms
6
Bathrooms
6
Year Built
1977
Effective Year
2017
Stories
4
Living Area
8,143 sq ft
Lot Size
0.38 acres
Price/sqft
$380.70
Garage Spaces
3.00
Parking Total
11.00
Fireplaces
3
County
Salt Lake
Subdivision
MT. OLYMPUS COVE
Zoning
Single-Family
Tax Annual
$22,430
Preferred Financing
Cash,Conventional
Parcel #
22-01-404-029
MLS Area
Holladay; Millcreek
Listed By
Plumb & Company Realtors LLP

Inclusions

  • Dryer
  • Hot Tub
  • Microwave
  • Range
  • Range Hood
  • Refrigerator
  • Swing Set
  • Washer
  • Workbench
  • Projector
  • Video Door Bell(s)

Interior features

  • Alarm: Fire
  • Alarm: Security
  • Bath: Primary
  • Closet: Walk-In
  • Den/Office
  • Disposal
  • French Doors
  • Gas Log
  • Great Room
  • Laundry Chute
  • Oven: Double
  • Oven: Wall
  • Range: Gas
  • Range/Oven: Built-In
  • Vaulted Ceilings
  • Instantaneous Hot Water
  • Granite Countertops

Exterior features

  • Balcony
  • Basement Entrance
  • Deck; Covered
  • Double Pane Windows
  • Entry (Foyer)
  • Lighting
  • Patio: Covered
  • Secured Parking
  • Sliding Glass Doors
  • Walkout
  • Patio: Open

Building & construction

Roof
Asphalt,Pitched
Construction
Stone,Stucco,Other
Flooring
Carpet,Hardwood,Stone,Tile,Slate,Travertine

Garage & parking

Garage spaces
3.00
Parking total
11.00
Open parking
8.00
Covered spaces
3.00
RV parking
0.00
  • Secured

Land description

  • Curb & Gutter
  • Fenced: Full
  • Road: Paved
  • Secluded
  • Sprinkler: Auto-Full
  • Terrain: Grad Slope
  • View: Mountain
  • View: Valley
  • Wooded
  • Drip Irrigation: Auto-Full
  • Private

Utilities

  • Natural Gas Connected
  • Electricity Connected
  • Sewer Connected
  • Sewer: Public
  • Water Connected

Additional features

Patio & porch
  • Covered
  • Patio: Open
View
  • Mountain(s)
  • Valley
Window features
  • Part
Door features
  • French Doors
Laundry
  • Electric Dryer Hookup
  • Gas Dryer Hookup
Security
  • Fire Alarm
  • Security System
Sewer
  • Sewer: Connected
  • Sewer: Public
Water source
  • Culinary
Other equipment
  • Hot Tub
  • Swing Set
  • Workbench
  • Projector
Current use
  • Single Family

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Schools

Elementary
Oakridge
Granite
Middle/Jr
Churchill
Granite
High
Skyline
Granite

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Neighborhood

Located in MT. OLYMPUS COVE, Salt Lake City.

Walk · Transit · Bike

Walk Score

Most errands require a car. Minimal public transit available. It's convenient to use a bike for a few trips.

Price History

6/23/2026
$3,100,000 $381/sqft
-$199,000
-6.0%
5/11/2026
$3,299,000 $405/sqft
-$50,000
-1.5%
3/6/2026
$3,349,000 $411/sqft
-$136,000
-3.9%
2/5/2026
$3,485,000 $428/sqft
Listed
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Location

Location of 4531 S MATHEWS WAY

Salt Lake City, UT · approximate location

Listed by: Ashley Park · Plumb & Company Realtors LLP. 801-486-7428.

Source: UtahRealEstate.com. Information deemed reliable but not guaranteed. All measurements and calculations of area should be independently verified.

Based on information from UtahRealEstate.com as of Jul 20, 2026. 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. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Publisher's notice: All real estate advertised herein is subject to the Federal Fair Housing Act and Utah Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, family status, or national origin.

Salt Lake City market context

How this property sits against recent sales in the area.

This listing: $3,100,000 — 425.7% above the median sale price.

Salt Lake City market — Residential

What homes are doing.

Latest data through June 2026.

Full report

Median sale price

$589,700

+11.5% year over year

Median days on market

13

+1 days year over year

Sale-to-list ratio

99.0%

-0.42pp year over year

Homes sold last month

210

-38 year over year

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