For sale MLS# 2187271 · 33 days on the market
$540,000
It starts with a call with an agent.
463 E 500 S, Orem, UT 84097
About this home
***Open House Saturday October 24th 11am-1pm***" Discover the space, flexibility, and potential this Orem home has to offer! This spacious home features generous living areas and a basement with a separate entrance through the garage, providing added privacy and flexibility for guests, extended family, a home office, recreation, or other living needs. The two-car garage offers valuable parking and storage. A major bonus is the solar panel system, which will be paid off by the seller at closing, allowing the new owner to enjoy the benefits of an owned solar system without assuming the existing solar loan, with potential to help reduce future electricity costs. Located in an established Orem neighborhood with convenient access to UVU, shopping, dining, parks, schools, major employment centers, and transportation routes. A great opportunity for buyers looking for space, flexibility, and the ability to make the home their own while building equity. Schedule a showing now.
Written by the listing agent.
Location
The market in Orem today
$540,000 is 3% above the median asking price in Orem.
At $200 per sqft it asks 13% less than the median in the city.
66% 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 Orem
Orem is a city in Utah County in the north central part of the state, adjacent to Provo, Lindon, and Vineyard and approximately 45 miles south of Salt Lake City.
- 98,129 residents (2020)
- 1 rail station
- 3 named trails
- 30 named parks
Monthly payment
- Principal & interest
- $2,992
- Property tax
- $181
- Home insurance
- $110
10% down ($54,000), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.
Details
- Style
- Split-Entry/Bi-Level
- Garage
- 2 cars
- Basement
- Entrance, Full
- Lot
- 0.24 acres
- Subdivision
- CORDELL
- Stories
- 2
See all 20 details
- Rooms
- 15
- Basement finished
- 100%
- Parking
- Covered, Attached, Built-In, Opener
- Heating
- Forced Air, Gas: Central
- Cooling
- Central Air
- Flooring
- Carpet, Vinyl
- Roof
- Asphalt
- Construction
- Brick
- Water
- Culinary
- Sewer
- Sewer: Connected, Sewer: Public
- County
- Utah
- Faces
- South
- Zoning
- Single-Family
- Terms
- Cash, Conventional, FHA, VA Loan
- Bath: Primary
- Disposal
- Oven: Double
- Range/Oven: Built-In
- Video Door Bell(s)
- Basement Entrance
- Deck; Covered
- Double Pane Windows
- Lighting
- Porch: Open
See all 24 features
Interior
- Bath: Primary
- Disposal
- Oven: Double
- Range/Oven: Built-In
- Video Door Bell(s)
Exterior
- Basement Entrance
- Deck; Covered
- Double Pane Windows
- Lighting
- Porch: Open
- Sliding Glass Doors
Lot features
- Cul-De-Sac
- Curb & Gutter
- Fenced: Full
- Road: Paved
- Sidewalks
- Sprinkler: Auto-Full
- View: Mountain
View
- Mountain(s)
Utilities
- Natural Gas Connected
- Electricity Connected
- Sewer Connected
- Sewer: Public
- Water Connected
Schools
Assigned schools as reported to the MLS by the listing agent. Boundaries change; confirm enrollment with the district. · Alpine
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Listing courtesy of Berkshire Hathaway HomeServices Utah Properties (Salt Lake) / Darren Lum. Based on information from UtahRealEstate.com as of 10/21/2026 3:01 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.