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541 E Salem Lake Dr
Salem, UT 84653
SalemPond Estate, Subdivide, or Assist Living · Land For Sale · 1.26 AC

INVESTMENT HIGHLIGHTS

  • All community amenities with no HOA: clubhouse, paddle boarding, fishing, walking/bike paths, and more
  • Flexibility
  • Wooded Estate Type Lot

PROPERTY FACTS

Property Type Land
Property Subtype Residential
Proposed Use
Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Hold For Development
  • Hold For Investment
  • Single Family Development
Total Lot Size 1.26 AC
Zoning RES/ASSISTED LIVING

DESCRIPTION

Graded site on Salem Pond! Last rare estate-type lot around Salem Pond! Beautiful Exclusive WOODED large 1.26 acre parcel to spread out and build the perfect lake home for your family and friends to enjoy. This is a singular opportunity to own Salem pond property steps from the waterfront. Amazing community amenities, with stunning mountain and water views, massive green areas, kayaking, fishing, biking, walking & jogging paths, picnic pavilions, beautiful community clubhouse and so much more! Owners have invested over $50,000 in site preparations to make this land ready to build. Also $30,000 in secondary water permits registered with the city are included for development of this parcel.***Pond and all park areas maintained by the City of Salem. No HOA or related fees!*** Quick access to shopping and freeway. DEVELOPMENT OPTIONS: 1. Parcel may be subdivided and developed into 3 residential building lots or 2. Owners have completed entitlement work to build an assisted living center on this property (entitlements may be included with the sale for an additional cost). Permit ready for some uses!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
30-037-0195
Land Assessment
$534,700
Improvements Assessment
$0
Total Assessment
$534,700
  • Listing ID: 27048382

  • Date on Market: 11/4/2022

  • Last Updated:

  • Address: 541 E Salem Lake Dr, Salem, UT 84653

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