‹ Back to results $250,000 432 E 500 N, Salem, UT · 0.21 ac · $1,190,476/ac See this home
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For sale MLS# 2182286 · 56 days on the market

$250,000

It starts with a call with an agent.

432 E 500 N, Salem, UT 84653

0.21acres

About this home

Rare Build-Ready Lot #12 in Timber Ranch - NO HOA! Don't miss one of the final opportunities to build in the desirable Timber Ranch subdivision in Salem! Lot #12 (432 E 500 N) is shovel-ready, packed with location perks, and ready for your custom home design. Property Highlights: No HOA: Enjoy total freedom with your property without monthly HOA fees or restrictive rules. Built-In Privacy: Bordered by a dedicated catchment pond on one side, giving you extra elbow room and no immediate adjacent neighbor on your side yard. Shovel-Ready: Fully stubbed for all public utilities-saving you thousands in development hassle and upfront costs. Unbeatable Convenience: Located just about a block away from a beautiful neighborhood park featuring a playground, walking paths, and scenic pond! Plus, enjoy everyday convenience with local grocery stores under 3 minutes away. Licensed GC Owner: Bring your own custom plans and preferred builder! As a licensed Utah General Contractor, the seller is happy to offer complimentary advice or local guidance along the way if you ever want a second opinion-completely optional. Bring your own builder and custom design, or reach out today for lot details!

Written by the listing agent.

Location

The market in Salem today

44for sale
6under contract or backup
1new in the last 30 days
$315,000median asking price
$789,474median asking price per acre
257median days since listed
This home against Salem

$250,000 is 21% 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.

See the whole market in Salem ›

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

Read the guide to Salem ›

Monthly payment

$1,673per month, estimated
Principal & interest
$1,385
Property tax
$177
Home insurance
$110

10% down ($25,000), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.

Details

Lot
0.21 acres
Subdivision
TIMBER RANCH
County
Utah
Terms
Cash, Conventional
  • Corner Lot
  • Cul-De-Sac
  • Curb & Gutter
  • Sidewalks
  • View: Mountain
  • Gas: Stubbed
  • Power: Stubbed
  • Sewer: Stubbed

Schools

ElementarySalem
MiddleSalem Jr
HighSalem Hills

Assigned schools as reported to the MLS by the listing agent. Boundaries change; confirm enrollment with the district. · Nebo

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