Originally listed at $3,485,000
MLS #2134861
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 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
- City
- Salt Lake City
- 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
- Covered
- Patio: Open
- Mountain(s)
- Valley
- Part
- French Doors
- Electric Dryer Hookup
- Gas Dryer Hookup
- Fire Alarm
- Security System
- Sewer: Connected
- Sewer: Public
- Culinary
- Hot Tub
- Swing Set
- Workbench
- Projector
- Single Family
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Neighborhood
Located in MT. OLYMPUS COVE, Salt Lake City.
Walk · Transit · Bike
Most errands require a car. Minimal public transit available. It's convenient to use a bike for a few trips.
Price History
Mortgage calculator
- Principal & interest
- Property tax
- Home insurance
- HOA fees
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Location
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.
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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.
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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