.23 acre lot in a great Orem location, with gorgeous mountain views! Tucked away in a private cul-de-sac, but close to all amenities. Lot is zoned as single family residence with an ASH (affordable senior housing) overlay. This overlay allows for up to 4 units in between 500-900 sq ft. You can use this lot for your own personal residence, or as an investment opportunity! .29 acre lot next to this one is also available! Call agent for more details.
Pending
$315,000
1863 S Terrace Dr, Orem, UT 84097
--beds
--baths
10,018Square Feet
Unimproved Land
Built in ----
10,018 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Gorgeous mountain views
- 68 days |
- 98 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Summer Luke 801-882-3300,
ONX REALTY LLC
Source: UtahRealEstate.com,MLS#: 2155002
Facts & features
Interior
Features
- Has fireplace: No
Property
Features
- Has view: Yes
Lot
- Size: 10,018 Square Feet
- Features: Additional Land Available, Level
- Topography: Terrain Flat
Details
- Parcel number: 480430002
- Zoning description: Single-Family
Utilities & green energy
- Utilities for property: Natural Gas Available, Electricity Available, Sewer Available
Community & HOA
Community
- Subdivision: Orlean Terrace
HOA
- Has HOA: No
Location
- Region: Orem
Financial & listing details
- Tax assessed value: $217,500
- Annual tax amount: $1,819
- Date on market: 4/29/2026
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,795/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/8/2026 | Pending sale | $315,000 |
Source:  UtahRealEstate.com #2155002 Report a problem | ||
| 5/2/2026 | Listed for sale | $315,000 |
Source: UtahRealEstate.com #2155002 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,779 +7.5% | $217,500 |
| 2023 | $1,655 -9.1% | $217,500 -6.2% |
| 2022 | $1,821 +41.6% | $231,900 +70% |
| 2021 | $1,286 +22.9% | $136,400 +25% |
| 2020 | $1,047 +19.4% | $109,100 +14.8% |
| 2019 | $876 -22.9% | $95,000 -56.8% |
| 2018 | $1,137 +3.5% | $219,900 +91.7% |
| 2017 | $1,099 | $114,730 +12.3% |
| 2016 | $1,099 -4.2% | $102,190 +1.3% |
| 2015 | $1,147 +9.2% | $100,925 +9.7% |
| 2014 | $1,050 | $91,960 +7% |
| 2013 | -- | $85,965 +7.5% |
| 2012 | -- | $79,970 -14.1% |
| 2009 | -- | $93,115 -11% |
| 2008 | -- | $104,610 -4% |
| 2007 | -- | $108,955 +27.7% |
| 2006 | -- | $85,305 +5.1% |
| 2005 | -- | $81,203 |
| 2003 | -- | $81,203 -45% |
| 2001 | $837 +5.9% | $147,641 +99% |
| 2000 | $791 | $74,188 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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: Cherry Hill
Nearby schools
GreatSchools rating
- 7/10Cherry Hill SchoolGrades: PK-6Distance: 0.6 mi
- 7/10Lakeridge Jr High SchoolGrades: 7-9Distance: 1.7 mi
- 4/10Mountain View High SchoolGrades: 10-12Distance: 2.8 mi
Schools provided by the listing agent
- Elementary: Cherry Hill
- Middle: Lakeridge
- High: Mountain View
- District: Alpine
Source: UtahRealEstate.com. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Utah
- Utah County
- Orem
- 84097
- Cherry Hill
- 1863 S Terrace Dr
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