4531 S Mathews Way Salt Lake City, UT 84124
Mount Olympus NeighborhoodEstimated payment $19,485/month
Highlights
- Spa
- Waterfall on Lot
- Mountain View
- Oakridge Elementary School Rated A-
- Mature Trees
- Private Lot
About This Home
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 7 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.
Listing Agent
Ashley Park
Plumb & Company Realtors LLP License #9167171 Listed on: 02/04/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $22,430
Year Built
- Built in 1977
Lot Details
- 0.38 Acre Lot
- West Facing Home
- Property is Fully Fenced
- Landscaped
- Scrub Oak Vegetation
- Private Lot
- Secluded Lot
- Terraced Lot
- Mature Trees
- Pine Trees
- Wooded Lot
- Property is zoned Single-Family, 1110
Parking
- 3 Car Attached Garage
- 8 Open Parking Spaces
- Secured Garage or Parking
- Secure Parking
Property Views
- Mountain
- Valley
Home Design
- Pitched Roof
- Asphalt Roof
- Stone Siding
- Stucco
Interior Spaces
- 8,143 Sq Ft Home
- 4-Story Property
- Vaulted Ceiling
- 3 Fireplaces
- Gas Log Fireplace
- Double Pane Windows
- Window Treatments
- French Doors
- Sliding Doors
- Entrance Foyer
- Great Room
- Den
Kitchen
- Built-In Double Oven
- Built-In Range
- Range Hood
- Microwave
- Granite Countertops
- Disposal
- Instant Hot Water
Flooring
- Wood
- Carpet
- Radiant Floor
- Stone
- Tile
- Slate Flooring
- Travertine
Bedrooms and Bathrooms
- 7 Bedrooms | 2 Main Level Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- Steam Shower
Laundry
- Dryer
- Washer
- Laundry Chute
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Natural lighting in basement
Home Security
- Home Security System
- Fire and Smoke Detector
Accessible Home Design
- Accessible Hallway
- Hearing Modifications
Eco-Friendly Details
- Sprinkler System
Outdoor Features
- Spa
- Balcony
- Covered Patio or Porch
- Waterfall on Lot
- Exterior Lighting
- Play Equipment
Schools
- Oakridge Elementary School
- Churchill Middle School
- Skyline High School
Utilities
- Forced Air Heating and Cooling System
- High Efficiency Heating System
- Radiant Heating System
- Natural Gas Connected
Community Details
- No Home Owners Association
- Mt. Olympus Cove Subdivision
Listing and Financial Details
- Assessor Parcel Number 22-01-404-029
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $20,151 | -- | -- | -- |
| 2024 | $20,151 | $3,226,400 | $532,800 | $2,693,600 |
| 2023 | $19,309 | $2,984,300 | $517,200 | $2,467,100 |
| 2022 | $18,548 | $2,881,600 | $507,100 | $2,374,500 |
| 2021 | $15,526 | $2,091,400 | $462,700 | $1,628,700 |
| 2020 | $13,065 | $1,661,100 | $451,800 | $1,209,300 |
| 2019 | $9,528 | $1,183,300 | $374,700 | $808,600 |
| 2018 | $8,912 | $1,065,800 | $374,700 | $691,100 |
| 2017 | $7,755 | $971,800 | $374,700 | $597,100 |
| 2016 | $6,992 | $884,600 | $374,700 | $509,900 |
| 2015 | $6,636 | $785,800 | $310,000 | $475,800 |
| 2014 | $6,475 | $749,900 | $310,100 | $439,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/05/2026 03/05/26 | Price Changed | $3,349,000 | -3.9% | $411 / Sq Ft |
| 02/04/2026 02/04/26 | For Sale | $3,485,000 | -- | $428 / Sq Ft |
Source: UtahRealEstate.com
MLS Number: 2134861
APN: 22-01-404-029-0000
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Based on information from the Wasatch Front Regional Multiple Listing Service, Inc.. 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. Properties may or may not be listed by the office/agent presenting the information.
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