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Investment Properties for Sale in Cedar Hills, Utah
Cedar Hills sits on the bench above Pleasant Grove and American Fork in northern Utah County, with the Lone Peak ridgeline directly east and quick access to I-15 and the Silicon Slopes tech corridor in Lehi. It's a small city — roughly 10,000 residents — built almost entirely as owner-occupied single-family housing, with the Cedar Hills Golf Club anchoring the center of town and Alpine School District (American Fork High, Lone Peak High, Mountain Ridge Junior) serving most addresses. That demographic profile matters for investors: rental inventory is thin, the city's residential code restricts short-term rentals, and HOA-governed subdivisions like The Cedars and Bridgestone often have their own leasing limits. The upside is a stable tenant pool of tech workers commuting to Adobe, Ancestry, and the Thanksgiving Point employers five to ten minutes away.
Long-term rentals tend to be the realistic play here. Median sale prices generally run in the $700K–$900K range for the four-bedroom homes that dominate the market, with rents for comparable properties typically landing between $2,800 and $3,800 depending on finish level, basement apartment status, and proximity to the golf course. Legal accessory dwelling units — usually walkout basements with separate entrances — carry a meaningful premium and are the most common way investors hit workable cash flow in this zip code. Before writing an offer, verify the specific subdivision's CC&Rs and check with Cedar Hills City on current rental licensing rules. Browse the active listings below to see what's currently on the market.
May 2026 · Cedar Hills market
Live from the Utah MLS — what's actually happening in Cedar Hills right now.
Median sale
$629,000
7 closed in May 2026
Median DOM
8 days
listing → contract
Sale-to-list
98.1%
of final list price
Unsold inventory
23
active + pending
4 matching · page 1 of 1
Active listings
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Common questions
About investment properties in Cedar Hills.
Does Cedar Hills allow short-term rentals like Airbnb? ▾
No. Cedar Hills City code prohibits short-term rentals (under 30 days) in residential zones, and the city has actively enforced this in recent years. Investors planning Airbnb or VRBO income should look at nearby cities with different ordinances. Long-term leases of 30+ days are the standard investment model here.
Are basement apartments legal in Cedar Hills? ▾
Accessory dwelling units are allowed in many residential zones but require a city permit, a separate entrance, parking minimums, and owner occupancy of one of the two units in most cases. Several existing homes have unpermitted basement apartments that were built before current rules, so verify the legal status with the city before counting that rent in your numbers.
What kind of cash flow is realistic on a Cedar Hills rental? ▾
With purchase prices commonly $700K+ and market rents in the $2,800–$3,800 range, single-unit rentals typically run break-even to slightly negative on standard 20–25% down financing at current rates. Properties with a legal ADU renting separately are where most investors find positive cash flow, often adding $1,200–$1,600 in additional monthly income.
Who's the typical tenant pool in Cedar Hills? ▾
Mostly families connected to the Silicon Slopes tech employers in Lehi and American Fork — Adobe, Ancestry, Qualtrics, and the Thanksgiving Point area companies. Tenants tend to be longer-term, school-district-motivated, and credit-qualified, which keeps vacancy low but also means turnover often aligns with the school calendar.
Do HOAs in Cedar Hills restrict rentals? ▾
Some do. Subdivisions like Bridgestone, The Cedars, and Harvey Heights each have their own CC&Rs, and a handful cap the percentage of rentals or require board approval. Always pull the HOA documents during due diligence before assuming you can lease the property.
How does Cedar Hills compare to neighboring cities for investors? ▾
Compared to Lehi and American Fork, Cedar Hills has lower density, stricter rental rules, and higher entry prices but tends to hold value well and attract stable long-term tenants. Investors prioritizing appreciation and tenant quality often prefer it; those chasing yield usually look at Lehi, Eagle Mountain, or Saratoga Springs instead.