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$315,000 Just Listed
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Property Description
.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.
Full Property Details
Full Property Details for 1863 Terrace Dr
General
- Price: $315,000
- Taxes: $1,819
- Status: Active
- Type: Land Residential
- Source: WFR
- MLS ID: 2155002
- Updated: 5/2/2026
- Added to Site: Today
Location
- Area: Pl Grove; Lindon; Orem
- County: Utah
- Subdivision: ORLEAN TERRACE
School Information
- Elem School District: Alpine
- Midd School District: Alpine
- High School District: Alpine
- Elementary School: Cherry Hill
- Middle School: Lakeridge
- High School: Mountain View
Utilities
- Sewer: Sewer: Available
- Utility Description: Natural Gas Available, Electricity Available, Sewer Available
Structural Information
- Current Bldg. Use: Residential
- Property Condition: Blt./Standing
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,018.8
- Lot Size: .23
- Topography: Terrain: Flat
- Lot Features: Additional Land Available, Terrain: Flat
Financial Considerations
- Tax Amount: $1,819
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 48-043-0002
Listed by Onx Realty Llc
Get Pre-Approved Today
Schools
Schools serving 1863 Terrace Dr
School District:Alpine School District
| Name | Grades | Distance |
|---|---|---|
Cherry Hill School 250 E 1650 S, Orem, UT 84097 | K-6 | 0.6 mi |
Lakeridge Jr High School 951 South 400 West, Orem, UT 84058 | 7-9 | 1.7 mi |
Mountain View High School 665 West Center Street, Orem, UT 84057 | 10-12 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1863 Terrace Dr
Date
Details
Price
Change
Source
5/01/2026
Listed
$315,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1863 Terrace Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,819
10%
$228,400
5%
2023
$1,655
29%
$217,500
59%
2021
$1,286
-29%
$136,400
-41%
2022
$1,821
42%
$231,900
113%
2021
$1,286
47%
$109,100
15%
2019
$876
-25%
$95,000
-21%
2018
$1,168
3%
$120,945
5%
2017
$1,137
3%
$114,730
12%
2016
$1,099
-4%
$102,190
1%
2015
$1,147
9%
$100,925
10%
2014
$1,050
-1%
$91,960
7%
2013
$1,059
—
$85,965
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1863 Terrace Dr
1863 Terrace Dr, Orem, UT 84097 (MLS# 2155002) is a Land Residential property with a lot size of 0.23 acres. 1863 Terrace Dr is currently listed for $315,000 and was received on May 01, 2026. Want to learn more about 1863 Terrace Dr? Do you have questions about finding other Land Residential real estate for sale in Orem? You can browse all Orem real estate or contact a Coldwell Banker agent to request more information.

