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Pending
  • Price cut: $420K (6/30)
    $2,835,000

    1203 N 290 E, Salem, UT 84653

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    Multi Family
    Built in ----
    -- sqft lot
    $2,629,800 Zestimate®
    $--/sqft
    $76/mo HOA

    What's special

    Stunning natural wetlands
    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 27, 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.
    61 days
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    Zillow last checked:

    Listing updated:

    Listed by:

    Shanice Hone 801-798-5485,

    Arive Realty,

    G. Dean Ingram 801-798-7317,

    Arive Realty

    Source: UtahRealEstate.com,MLS#: 2155759MLS Logo

      Facts & features

      Interior

      Features
      • Has fireplace: No

      Property

      Lot
      • Size: 12.14 Acres
      Details
      • Parcel number: 250660019
      • Zoning description: Multi-Family

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Blt./Standing
      • New construction: No

      Utilities & green energy

      • Electric: Power: Stubbed
      • Gas: Gas: Stubbed
      • Sewer: Sewer: Stubbed

      Community & HOA

      Community
      • Subdivision: Moonlight Village
      HOA
      • Has HOA: Yes
      • HOA fee: $76 monthly
      Location
      • Region: Salem

      Financial & listing details

      • Date on market: 5/6/2026

        Estimated market value

        $2,629,800

        $2.50M - $2.76M

        $2,090/mo

        Price history

        DateEventPrice
        6/30/2026Pending sale$2,835,000-12.9%
        Source: UtahRealEstate.com #2155759 Report a problem
        5/6/2026Price change$3,255,000+14.8%
        Source: UtahRealEstate.com #2155762 Report a problem
        5/6/2026Listed for sale$2,835,000+293.8%
        Source: UtahRealEstate.com #2155759 Report a problem
        11/20/2025Listing removed$719,900
        Source: Arive Homes Report a problem
        10/17/2025Listed for sale$719,900
        Source: Arive Homes Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 84653

        Getting around

        12 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Salem
        • Middle: Salem Jr
        • High: Salem Hills
        • District: Nebo

        Source: UtahRealEstate.com. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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