Under contract MLS# 2155762 · 182 days on the market
$3,255,000
It starts with a call with an agent.
1203 N 290 E, Salem, UT 84653
About this home
We are seeking a quality builder whose vision and craftsmanship will seamlessly align with and enhance the exceptional homes and communities surrounding the project. Discover an exceptional development opportunity in the heart of Salem. This fully entitled subdivision features 31, generous quarter-acre, paper lots with final plat approval already in place, making it ready for the pre-construction meeting and immediate groundbreaking. Residents will enjoy internet service included through the HOA, abundant nearby trail systems, stunning natural wetlands, and the peaceful beauty of Utah living, all while remaining conveniently close to freeway access for an easy commute. The project is located within a public infrastructure district. Property Taxes are TBD; more information can be found on the Utah County website. Water is available for purchase from Seller, separately. Reimbursement of Prepaid Sewer Impact Fees, to guarantee sewer capacity, to Seller to be negotiated.
Written by the listing agent.
Location
The market in Salem today
$3,255,000 is 933% above the median asking price in Salem.
33% of the listings for sale have lowered their price at least once.
From the listings for sale, as of October 26, 2026. Asking prices only: Utah does not make sold prices public.
Living in Salem
Salem is a city in Utah County, part of the Provo–Orem metropolitan area, first settled in 1851 and originally known as Pond Town.
- 9,298 residents (2020)
- 6 named parks
Monthly payment
- Principal & interest
- $18,037
- Home insurance
- $110
- HOA
- $76
10% down ($325,500), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.
Details
- Lot
- 13.72 acres
- HOA
- $76/mo
- Subdivision
- MOONLIGHT VILLAGE PH 8
- County
- Utah
- Additional Land Available
- View: Mountain
- Gas: Stubbed
- Power: Stubbed
- Sewer: Stubbed
Schools
Assigned schools as reported to the MLS by the listing agent. Boundaries change; confirm enrollment with the district. · Nebo
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Listing courtesy of Arive Realty / Shanice Hone. Based on information from UtahRealEstate.com as of 8/1/2026 1:28 AM. 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.