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Residential Land for Sale in Payson, Utah
331 N 500 E, Payson, UT 84651
$142,500
0.14 acres
Active
$143k drop
Est $1,053/moUnique investment opportunity in the heart of Payson. This listing is part of two parcels (55:959:0001 and 55:959:0002 327 N 500 E And 331 N 500 E ) that together complete a twin home lot. Each lot measures .1425 acres for a combined .285 acres. Both lots must be purchased together. The seller is currently developing three lots in the area, and curb, gutter, and all utilities will be stubbed and ready for connection. The location offers convenient access to I-15, Mountain View Hospital, and all the charm of downtown Payson. Build and hold both units as a long-term investment, or live in one side and sell the other to offset costs. A versatile property with great potential-don't miss your chance to own in one of Payson's prime spots.
Location
- Street address
- 331 N 500 E, Unit : 2
- County
- Utah County
- Community
- Payson; Elk Rg; Salem; Wdhil
- School district
- Nebo
- Elevation
- 4,643 feet
Property details
- Lot size
- 0.14 acres6,098 sq ft
- Zoning
- Multi-Family
- MLS #
- WFRMLS 2115495
- Posted
Property taxes
- Recent
- $966
Parcels
- 55-985-0001
Details and features
Listing
- Type
- Land
- Franchise
- Keller Williams Realty
Lot
- Features
- Curb & Gutter
Structure
- Sewer
- Public Sewer
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Barnett | Elementary | Nebo | — |
| Payson JR | Middle | Nebo | — |
| Payson | High | Nebo | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 30, 2025 | Price drop | $142,500 | $142,500 -50% | WFRMLS |
| Oct 4, 2025 | New listing | $285,000 | — | WFRMLS |
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