For sale MLS# 2176502 · 83 days on the market
$230,000
It starts with a call with an agent.
513 E 400 Unit, Salem, UT 84653
About this home
Seller is motivated! Enjoy picturesque mountain views and memorable sunsets that are part of daily life in this area of Salem. Larger lot with a flat usable footprint is ideal for a custom home with room for a yard, shop, or additional storage. Seller is also willing to build (or bring your own), giving buyers the option to purchase outright or explore a build-to-suit opportunity. Located minutes from schools, parks, and everyday conveniences with no HOA. Address is approximate and not currently assigned. The Penelope Subdivision will be developed around this lot (see photo). With the development of 550 E, this lot could also face east to have greater road frontage with twin home possibilities. It is expected that with 400 N widening to the north, this lot will be reduced in size closer to ~0.27 acres and is priced accordingly. Buyer and/or Buyer's Agent to verify all.
Written by the listing agent.
Location
The market in Salem today
$230,000 is 27% below 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
- $1,275
- Property tax
- $23
- Home insurance
- $110
10% down ($23,000), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.
Details
- Lot
- 0.32 acres
- Sewer
- Sewer: Public
- County
- Utah
- Faces
- South
- Zoning
- Single-Family
- Corner Lot
- Fenced: Part
- View: Mountain
- Terrain: Flat
- Excl. Mineral Rights
- Excl. Oil/Gas Rights
- Natural Gas Available
- Electricity Available
- Sewer: Public
Schools
Assigned schools as reported to the MLS by the listing agent. Boundaries change; confirm enrollment with the district. · Nebo
Similar homes nearby
Listing courtesy of Coldwell Banker Realty (Park City-Newpark) / Keith M Kasperson. Based on information from UtahRealEstate.com as of 8/4/2026 5:00 PM. 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.