Terra Homes under $500,000

Welcome to Terra, a vibrant and inviting subdivision nestled in the heart of Salt Lake County, Utah. This charming community offers a perfect blend of suburban tranquility and urban convenience, making it an ideal choice for families, young professionals, and retirees alike.

Terra boasts a variety of homes that cater to diverse lifestyles and budgets, with many options available for under $500,000. Whether you’re searching for a cozy starter home, a spacious townhouse, or a well-appointed single-family residence, you’ll find a delightful selection that fits your needs. Each property in Terra is designed with comfort and style in mind, featuring modern layouts, well-maintained gardens, and inviting outdoor spaces perfect for entertaining or relaxing after a long day.

One of the standout features of Terra is its strong sense of community. Residents enjoy access to local parks, walking trails, and recreational facilities that promote an active lifestyle. Families will appreciate the proximity to highly-rated schools, while nature enthusiasts can explore the breathtaking landscapes and outdoor activities that the nearby Wasatch Mountains have to offer.

Conveniently located just minutes from downtown Salt Lake City, Terra provides easy access to a wealth of shopping, dining, and entertainment options. With its affordable housing market, friendly atmosphere, and stunning natural surroundings, Terra is not just a place to live—it's a place to thrive. Discover your dream home in Terra today, and experience the best of Utah living!

Newest Terra Homes under $500,000

$229,000

1 Beds ⋅ 1 Baths ⋅ 2187200 MLS

Welcome to this spacious condo in an unbeatable location. Perfect for a student, investor, or someone that's looking to be close to downtown. Walking distance to TRAX and only four blocks from the University of Utah. Inside, you'll find a nice open floor plan, a large primary bedroom with a walk in closet, and a balcony. Long term leases are permitted. One dedicated, covered parking stall is included - #63.

425 S 1000 E Unit 304C, Salt Lake City

$414,900

3 Beds ⋅ 3 Baths ⋅ 2170324 MLS

Pictures are of a decorated model. Unit is under construction. Brand new! Not your typical townhome: enjoy LARGE bedrooms, an OVERSIZED 2-CAR GARAGE (which can fit a full-sized truck!), and a community grassy area behind home for outdoor play space & recreation. UPGRADES galore: QUARTZ counters, stainless steel appliances, LVP (on main), 2-tone paint, VAULTED or tray ceilings in the bedrooms, large 50-gallon water heater, BLINDS (yes, blinds included!), and more! Property taxes not assessed yet and are an estimate. Square footage per building plans. School boundaries are estimated. One of owners of the selling entity is a licensed real estate agent in the state of Utah. Listing agent related to seller. Buyer/agent to verify all

7204 W Lara Leigh Ln, Magna

$406,900

3 Beds ⋅ 3 Baths ⋅ 2170320 MLS

7206 W Lara Leigh Ln, Magna

$355,000

2 Beds ⋅ 2 Baths ⋅ 2145994 MLS

Located in the highly desirable Incline Terrace community, this property offers unbeatable convenience just 3 blocks from the University of Utah, multiple TRAX stations, and minutes from downtown, shopping, dining, and major hospitals. Rebuilt after a fire, the building provides the rare opportunity of newer construction within an established neighborhood. Amenities include high-end designer finishes, spacious private covered patio, secure entry, elevator access, reserved covered parking, 24-hour on-site laundry, fitness room, secure package room, and Google Fiber availability. Professionally managed HOA with 6+ month rentals permitted making it ideal for both homeowners and investors seeking affordable, low-maintenance living. Pool is being completely renovated and will be finished May 2026. Sqft figures provided as courtesy only. Buyer to verify all info.

1032 E 400 S Unit 608B, Salt Lake City

Start Your Search

Information deemed reliable but not guaranteed accurate. Buyer to verify all information. Terms of Use
The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.