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Utah County Lease Options

Lease Options in Utah County

What is a Lease with an Option to Buy?

A lease with an option to buy is just like it sounds. It is a lease agreement, rental agreement, or whatever you want where the tenant has the 'option' to buy the home after a designated period time.

Lease options in Utah include 'option money' - a nonrefundable payment put in a trust account that will be returned to the tenant if they buy the house or given to the seller if they don't exercise the option. They also include a security deposit that will be completely refunded if the house is purchased, or left to the sellers discretion if the option is not exercised.

A portion of the rent in lease options can also be applied towards the down payment if the option is exercised. If it isn't exercised, then the landlord just keeps that money as the normal rent.

HINT: Click house icons above for more information.
$84,800
1436 W LANCELOT, Provo UT 84601
2
BEDS
2
BATHS
1,100
SQFT
$77
$/SQFT
0.01
ACRES
1970
BUILT
"Warm refreshed interior. Features include private patio, storage shed, and carefree living with club house, and access to park and walking path along river. Opportunity! HOA-includes all utilities: gas, electricity, water, basic cable, internet, sewer, exterior insurance and maintenance of common areas, and clubhouse. Assume current FHA loan with great terms."
* LISTED OVER 120 DAYS 
$116,500
8176 N CEDAR SPRINGS, Eagle Mountain UT 84005
3
BEDS
2
BATHS
1,281
SQFT
$91
$/SQFT
0.03
ACRES
2009
BUILT
"This 2009 original owners middle unit 3 bedroom 2 bath condo comes with large rooms and walk-in closet. Fiber-optic internet options and basic tv already installed. Enjoy the clubhouse, pool, playgrounds, hottub and walkways in the scenic setting while being close to the stores and schools. Original owners have taken great care of unit. So come check it out. Furniture negotiable."
* LISTED OVER 120 DAYS 
$123,500
3543 N ROCK CREEK RD, Eagle Mountain UT 84005
3
BEDS
2
BATHS
1,280
SQFT
$96
$/SQFT
0.01
ACRES
2005
BUILT
"Seller will pay buyer's closing costs and $1000 carpet allowance! Now eligible for FHA and VA financing! Great Eagle Mountain Condo! Come and see this clean, open, and inviting home! This beautiful and well-maintained home has an open main room, a bright kitchen with a rock archway, and includes a spacious pantry and all of its appliances including the $2000 refrigerator are included. This home has a great master suite with a jetted tub. The outdoor living is exceptional with green grass right o"
$147,000
3618 E CLEAR ROCK RD, Eagle Mountain UT 84005
3
BEDS
2
BATHS
1,264
SQFT
$116
$/SQFT
0.03
ACRES
2008
BUILT
"If you have considered buying a home, but can't qualify for a mortgage, look no further. This condo offers a Seller Finance option with little money down but the benefits of home ownership. This beautiful condo features 3 comfortable bedrooms with 2 baths, a cozy living room and an upgraded kitchen to make the neighbors jealous. Custom alder cabinets with beautiful granite counters and stainless steel appliances. The amenities feature a great swimming pool with a hot tub and gym. Local walking t"
$154,000
574 S 2150 W, Pleasant Grove UT 84062
3
BEDS
2
BATHS
1,133
SQFT
$136
$/SQFT
0.03
ACRES
2006
BUILT
"If you have considered buying a home, but can't qualify for a mortgage, look no further. This condo offers a Seller Finance option with little money down but the benefits of home ownership. This beautiful condo features 3 comfortable bedrooms with 2 baths, a cozy living room and an upgraded kitchen to make the neighbors jealous. Custom alder cabinets with beautiful granite counters and stainless steel appliances. The amenities feature a great swimming pool with a hot tub and gym. This home featu"
$159,900
469 S 300 W, Provo UT 84601
3
BEDS
2
BATHS
1,620
SQFT
$99
$/SQFT
0.20
ACRES
1937
BUILT
"Lease option or seller finance with low down payment.Nice 3 bedroom 2 bath. Needs some work, but has a nice side yard and big backyard fully fenced, plus covered deck. One car garage. Call for lease option details."
* LISTED OVER 120 DAYS 
$197,000
7883 VISTA VW, Eagle Mountain UT 84005
3
BEDS
2
BATHS
1,779
SQFT
$111
$/SQFT
0.17
ACRES
2006
BUILT
"This Tri Level 3 bedroom, 2 bath home, is 1779 sqft. , has an unfinished partial walk out 1st level, offers a spacious master bedroom suite, vaulted ceiling, central heat and air. Is located in the Silver Lake neighborhood, adjacent to Saratoga Springs & minutes from the Super Wal-Mart & 4 corners shopping area, Pioneer crossing, conveniently located approx. 20 minutes from Provo & approx. 30 minutes from SLC."
$226,900
293 W 1700 S, Orem UT 84058
2
BEDS
2
BATHS
2,972
SQFT
$76
$/SQFT
0.28
ACRES
1983
BUILT
"Location, location, Location!!! Amazing Utah Lake Views!!! Large deck with retractable awning. Practically no neighbor behind house, super nice neighborhood, open and large floor plan, 2 bedroom, large lot with fruit trees. Buyer to verify all info."
$239,000
654 S 800 W, Spanish Fork UT 84660
6
BEDS
3
BATHS
2,921
SQFT
$82
$/SQFT
0.20
ACRES
2007
BUILT
"Reduced Beautiful Family Home! Largest Fieldstone floor plan very spacious much bigger than it looks, beautiful kitchen over sized pantry, huge master bedroom, main floor office/dent room. big deck area Close to schools, 2 RV parking, lots store shed 198 yd . all appliances stainless Steel Must see to appreciate!"
* LISTED OVER 120 DAYS 
$234,000
82 E 1340 N, Orem UT 84057
4
BEDS
4
BATHS
2,300
SQFT
$102
$/SQFT
0.18
ACRES
1988
BUILT
"Price Reduced!!! Amazing two story home on a corner lot in a quiet neighborhood! Four beds, four baths, hardwood floors, french doors, and a true craft room! The backyard is fully fenced with tons of grass and has a great concrete patio with gas grill hookup. This home is a must see! Other features include a new roof (3 yrs old), new water heater (1 yr old), water softener, covered porch and a shed. Lease Option available."
$235,000
490 S GLENWOOD, Springville UT 84663
5
BEDS
3
BATHS
3,498
SQFT
$67
$/SQFT
0.22
ACRES
1978
BUILT
"Beautiful home with new renovations! PRICE SLASHED 10,000 FOR FAST SALE. Great room, open floor plan, kitchen with new appliances. Tile floors and new carpets. New paint. Huge game room or theater room! LIFE TIME TILE ROOF Fantastic home! Excellent secluded location!"
$242,400
1196 E HUNTER LN, Eagle Mountain UT 84005
3
BEDS
0
BATHS
3,052
SQFT
$79
$/SQFT
0.22
ACRES
2014
BUILT
"Beautifully Upgraded Dream Rambler in New high end Autumn Ridge subdivision. 3car, Granite, Hardwood, 20" Tile, Separate tiled tub & shower, double sinks and much more included! Price reflects a 1,500 preferred lender fee. Call for appointment to see our model home."
$247,999
7915 N GERONIMO DR, Eagle Mountain UT 84005
5
BEDS
3
BATHS
3,242
SQFT
$76
$/SQFT
0.18
ACRES
2002
BUILT
"The perfect home for sale - Priced right! Owner just painted much of the home, sealed the basement floor and did major yard maintenance. Home is ready for someone to move in immediately! Basement ready for you to make it your own. Don't miss out of this property!"
$259,900
4477 W BRIDGESTONE DR, Cedar Hills UT 84062
4
BEDS
3
BATHS
2,706
SQFT
$96
$/SQFT
0.05
ACRES
2000
BUILT
"Absolutely Fabulous! Completely updated condo with New Paint and carpet, beautiful kitchen with granite counter tops, lovely new stainless refrigerator, stove, and dishwasher and refurbished cabinets. Light and Open with lots of windows and a spacious main floor with 3 bedrooms and a spacious master bedroom with walk in closet and private bath. Beautiful fireplace, three full baths, all with jetted tubs. Also very spacious finished basement with large family room and bed and bath! Three large"
$291,000
6909 E SPRING MOUNTAIN DR, Springville UT 84663
11
BEDS
10
BATHS
6,840
SQFT
$43
$/SQFT
15.62
ACRES
2005
BUILT
"CE-2 Critical Environmental Zoning. The home that is currently existing on the property needs remodeling. The gross living area is 6,840 sq ft. There is also a garage portion that includes a set up for living quarters with a 2 door garage. Great potential for a vacation property. Home is key-boxed for a supra key. Call agent before showing for details on the property."
* LISTED OVER 120 DAYS 
$294,900
6880 N FAIRFAX DR, Provo UT 84604
1
BEDS
1
BATHS
788
SQFT
$374
$/SQFT
0.24
ACRES
1957
BUILT
"Cozy cabin located in Beautiful Vivian Park. This cabin is within 5 minutes of world-class skiing at the Sundance Ski Resort. Also nearby is hiking, mountain biking, blue-ribbon trout fishing, and just about any other outdoor activity you can think of. VIVIAN PARK is a gorgeous area just minutes from Provo and Sundance ...a 5 minute walk to a city park with large children's fish pond, the station for "Heber Creeper" R.R., Provo River, (the best fly fishing in the world) plus the Provo"
* LISTED OVER 120 DAYS 
$299,900
121 W 720 S, Orem UT 84058
7
BEDS
4
BATHS
3,133
SQFT
$96
$/SQFT
0.23
ACRES
1989
BUILT
"Beautiful Remodeled Home with desired 5 Bedroom Up Floor plan. Plus 2 more bedrooms in the basement making 7! This home sits on a quite cul de sac with a spacious backyard for BBQ's and near UVU and many more amenities. Featuring Open Floor Plan, large bedrooms, new roof, new AC, new highly efficient furnace, remodeled bathrooms and kitchen with granite countertops, new gorgeous hardwood floors. Easy to Show and Ready for Quick Move In. Buyers and Buyers Agent to Verify All. Square Footage"
$300,000
2849 W SILVERBROOK CT, Lehi UT 84043
4
BEDS
3
BATHS
3,751
SQFT
$80
$/SQFT
0.16
ACRES
2006
BUILT
"***NICE OPEN FLOOR PLAN, Well kept with many upgrades including granite counters, 2 tone paint, can lighting, walk-in closet, separate shower and jetted tub, double sinks. Convenient location close to outlet mall, Adobe, Thanksgiving Point, with easy freeway access for commute to Sale Lake or Provo. Plenty of storage or room to expand basement. Tenant occupied need 24 hour notice for showings"
$320,000
3562 N 100 E, Provo UT 84604
2
BEDS
2
BATHS
3,101
SQFT
$103
$/SQFT
0.05
ACRES
2005
BUILT
"Spacious, Functional, Immaculate-Marble Entry, Island Kitchen, One lvl. Living, Quiet Neighborhood in Cul-De-Sac, Crown Moldings, No Steps-wheelchair accessibility as well as Bathroom, Huge Master Suite, Stainless Steel Appliances, Fenced Patio"
* LISTED OVER 120 DAYS 
$319,900
1145 N GENEVA RD, Provo UT 84601
4
BEDS
3
BATHS
4,255
SQFT
$75
$/SQFT
0.77
ACRES
1973
BUILT
"Huge price reduction! Best value in Provo! Currently priced near $10,000 below recent appraisal. This 4,200 square foot home has been almost entirely remodeled on the first level within the last 3 years. It has 4 bedrooms and 3 bathrooms, a master suite, gourmet kitchen, detached salon, detached office, huge storage areas, .76 acre lot, fruit trees, own well included with the sale. This property is a must see!"
* LISTED OVER 120 DAYS 
$425,000
2046 E 160 S, Spanish Fork UT 84660
6
BEDS
5
BATHS
5,015
SQFT
$85
$/SQFT
0.22
ACRES
2007
BUILT
"PRICE REDUCED! This fabulous home was built by Ivory Homes. The home has the Diamond upgrade package with too many upgrades to mention them all- . A grand staircase and a stunning walnut hardwood floor greet you when you enter. Tall 9 ft ceilings on all three floors plus a cathedral ceiling in the family room and entry. Super-sized master suite with vaulted ceilings, a walk-in closet, double bathroom vanities, a make-up counter, and a separate garden tub and shower. Main floor bedroom with a p"
$469,000
1257 S 1650 E, Provo UT 84606
8
BEDS
4
BATHS
5,002
SQFT
$94
$/SQFT
0.37
ACRES
2003
BUILT
"Seller Financing Available! Gorgeous custom home on the East bench of Provo with views of the Valley and the Mountains! Rustic Maple Cabinets, Granite Counter tops, walk out basement with kitchenette, mother in-law apartment,Trex Patio and beautiful back yard perfect for playing or entertaining, Upgrades Throughout! Everything you would expect in a high end home and More! Bring your pickiest buyers!"
* LISTED OVER 120 DAYS 
$469,000
10838 S COVERED BRIDGE CANYON DR, Spanish Fork UT 84660
4
BEDS
3
BATHS
3,795
SQFT
$124
$/SQFT
2.03
ACRES
1979
BUILT
"Don't miss this immaculate architectural beauty, nestled in the mountains, yet only minutes from the city! Designed by an Oregon based architect and inspired by Frank Lloyd Wright. A small wooded and gated community nestled in Spanish Fork Canyon which includes 300 acres of common area of nature to use and enjoy. Features include: over-sized bedrooms, large master suite with loft and walk in closet, central vacuum, intercom system, dumbwaiter, large windows allowing for natural light and mtn vie"
$499,000
10455 N COLONIAL, Cedar Hills UT 84062
7
BEDS
4
BATHS
5,041
SQFT
$99
$/SQFT
0.24
ACRES
2007
BUILT
"**PRICE REDUCED** SEVEN BEDROOM beautiful home with awesome views of the mountains, valley, and lake. Lots of custom extras. Large kitchen, large island bar in kitchen. Computer desk in loft upstairs. Large family rooms on main and lower level. Beautiful master bedroom with see-through fire place. Basement is completely finished, with bonus Martial Arts studio, or can be changed to theater room with 9' ceiling. LED high efficiency lighting throughout the home (has lowered cost of lighting 80%)."
* LISTED OVER 120 DAYS 
$499,977
7739 N MOUNTAIN ASH WAY, Eagle Mountain UT 84005
6
BEDS
4
BATHS
5,294
SQFT
$94
$/SQFT
0.59
ACRES
2007
BUILT
"Lease option terms available. Custom 2-story on a large view lot. 10 foot ceilings, granite counters and a grand master suite are a few of the goodies on the main floor. Upstairs there are 4 large bedrooms and 2 bathrooms as well as a family room complete with a children's playhouse. Also included is an amazing whole-house audio system. The basement is unfinished and includes a separate outside entrance. The views and the lot space are supreme. Come and take a look at this masterpiece."
* LISTED OVER 120 DAYS 
$630,000
6730 W 9500 N, Highland UT 84003
4
BEDS
4
BATHS
5,424
SQFT
$116
$/SQFT
0.44
ACRES
2003
BUILT
"Upgrades include: Magnificent 9' ceilings throughout, sensational larger windows, 2 furnaces with built in humidifiers, electronic air filtration, 2 brand new 50 gallon water heaters, hot water loop for instant hot water, soft water brine tank in garage, Whole-home smart wired for intercom and whole home speakers, fresh paint everywhere, superb main level office, sitting room, fantastic great room, mud and craft room, beautiful hickory hardwood floors, new tile backsplash in kitchen, alder cabi"
$659,000
6294 W SKYLINE (11590) DR, Highland UT 84003
5
BEDS
5
BATHS
5,634
SQFT
$117
$/SQFT
0.28
ACRES
2006
BUILT
"Priced $20k below current appraisal! Don't miss out on this opportunity! Appraisal completed 1/2014. Don't miss out on this one of a kind home in the Dry Creek neighborhood. It is a perfect home for your buyers who love to entertain! They will enjoy the hot tub under the custom covered deck and pergola, and the outdoor BBQ kitchen. The children can play on the playground equipment or trampoline, or journey inside to the theater room and craft areas. From the formal rooms with hand-scraped hickor"
* LISTED OVER 120 DAYS 
$699,900
3242 N MILLCREEK, Pleasant Grove UT 84062
7
BEDS
8
BATHS
7,305
SQFT
$96
$/SQFT
0.32
ACRES
2005
BUILT
"SELLER'S MOTIVATED!!! BRING ALL REASONABLE OFFERS. SELLER FINANCING AVAILABLE!! BEAUTIFUL HOME IN A GATED COMMUNITY THAT IS HARD TO FIND, THIS HOME IS A MUST SEE. THIS HOME IS 100% COMPLETE AND READY FOR NEW OWNERS. THE HOME IS TENANT OCCUPIED AND REQUIRES 24 HOURS NOTICE. SMART HOME FEATURES, THEATER, FABULOUS VIEWS OF WASATCH FRONT, GREAT FLOOR PLAN."
* LISTED OVER 120 DAYS 
$799,900
2523 S BRUSH CANYON DR, Mapleton UT 84664
5
BEDS
5
BATHS
8,764
SQFT
$91
$/SQFT
1.04
ACRES
2007
BUILT
"Price Reduced: Lowest price per sq ft in the area. Immaculate home in the exclusive Triple Crown neighborhood! The grounds are private, and beautifully landscaped. A large covered patio on the back of the home provides breathtaking, unobstructed mountain views. This home boasts a large open floor plan. The gourmet kitchen offers the finest of finishes including high end granite, double ovens, built-in microwave and refrigerator/freezer, large gas cooktop, 2 pantries and 2 dishwashers. In addi"
* LISTED OVER 120 DAYS 
$924,000
1380 W 700 S, Lehi UT 84043
5
BEDS
3
BATHS
2,572
SQFT
$359
$/SQFT
8.33
ACRES
2004
BUILT
"5.3 Acres w/Wonderful Brick Rambler Home on Horse Property! Perfect Family Floorplan! Large Out Buildings/Barns!! Could Be a Great Development opportunity!! Joint purchase with adjacent MLS 1222196 (3.04 acres) will be a very nice residential subdivision with trail. Great location near Pioneer Crossing and New homes, Entering from the quiet street 700 South (both properties are located down the lane in the back!! Call for more Details!!"
$950,000
9994 N 6610 W, Highland UT 84003
9
BEDS
6
BATHS
10,102
SQFT
$94
$/SQFT
0.57
ACRES
2006
BUILT
"PRICE REDUCED on this gorgeous home! Relax in the large family room while taking in the beautiful views of the mountains and open pasture. West-facing home with unobstructed views out the back. Spacious master suite with small private office. Outdoor full-size basketball court. The basement houses a 44' x 78' full-size gym with a separate entrance and bathroom. With the outside entrance and plenty of parking, the basement gym could be used for fitness classes, ball games, training, or even"
* LISTED OVER 120 DAYS 
$2,900,000
4223 N VINTAGE CIR, Provo UT 84604
9
BEDS
8
BATHS
16,223
SQFT
$179
$/SQFT
0.61
ACRES
2001
BUILT
"2003 Parade of Homes Winner, exceptional floor plan, main floor living, gourmet kitchen, great room, state of the art home theater, elegant master suite, professional office, 6 car garage and additional motorcycle garage, heated driveway, tons of storage, mother-in-law apartment, vantage lighting control and automation system, game room, dance studio, incredible workout facility, indoor basketball court, large secluded back yard with water feature. Buyer/buyer's agent to verify all information. "
$2,999,000
9435 N ALPINE LOOP RD, Sundance UT 84604
7
BEDS
5
BATHS
5,000
SQFT
$600
$/SQFT
0.39
ACRES
2002
BUILT
"Magnificent secluded stone and timber river house located in the beautiful Sundance Resort. The ambiance of the Sundance spirit is reflected throughout four levels of artistic mastery in every detail. Enjoy the peaceful sounds of the glacial river running through the back of the home, while taking in the stunning mountain views of the Timpanogos. Live the experience at Sundance, with world-class skiing, hiking, biking, incredible restaurants and art culture. Quick and convenient 30-minute drive "
$35,000,000
8272 E LEFT HAND FORK HOBBLE CREEK, Springville UT 84663
6
BEDS
12
BATHS
49,568
SQFT
$706
$/SQFT
185.33
ACRES
2010
BUILT
"Extrordinary home, one of a kind, outstanding views from all sides of this home, Imported Granite and marble throughout, entry is beautiful, imported fixtures. Indoor swimming pool with slides, water fall, dressing rooms. Theater, 2 lane bowling alley, indoor shooting range, indoor basketball court or meeting room, elevator. Heated drive with nicely installed pavers, outdoor lighting. Includes parcel # 16-033-0031 75.64 acres and Parcel # 16-033-0029 109.69 acres. total of 185.33 acres Call fo"
* LISTED OVER 120 DAYS