Utah Flip of the Month – February 2026

Purchased: February 2025 @ $900,000
Sold: February 2026 @ $1,365,000
Location: Salt Lake City, UT

Project Details:

In February 2025, our investor acquired this Olympus Cove property in Salt Lake City for $900,000.

Over the next 12 months, they transformed it into a modern luxury retreat at the base of Mount Olympus — capitalizing on panoramic Wasatch and Salt Lake Valley views, expanding livable appeal, and elevating the finish level throughout.

The renovation focused on high-impact upgrades: a redesigned chef’s kitchen with high-end appliances and a massive island, a true primary suite retreat with spa-style bath and soaker tub, refreshed living spaces, enhanced natural light, and improved functionality including dual laundry hookups on both levels.

With five bedrooms, four bathrooms, multiple entertaining spaces, and a bar area, we positioned the home squarely for the upper-end Olympus Cove buyer.

In February 2026, the property sold for $1,365,000 — generating a $465,000 gross spread in 12 months.

Strong location selection, thoughtful design execution, and disciplined project management continue to drive profitable outcomes in premium submarkets like Olympus Cove.

Contact Indicate Capital for Utah real estate hard money financing