$514,748Average Value$252Average Price per Sq Ft9Homes For Sale
Surrounded by mountain views, lakes and a growing city
With breathtaking views, Aspen has access to mountain lake parks, health-conscious dining and excellent schools in the well-positioned suburban neighborhood of Orem. In Aspen, residents live in a walkable neighborhood close to a retail scene with the unique outdoor recreation that comes with living in the Rocky Mountains. “We have beautiful mountain views, nature trails, and a shoreline by the lake,” says Leah Duncan, a Realtor with Fathom Realty who has worked in Orem for over three years. “In the winter, I go snowboarding, cross-country skiing and ice repelling because those things are easy to do here.”
Aspen neighborhood with the Provo mountains, Utah.
Aerial photo of the Aspen neighborhood, Utah.
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Provo Canyon and Bridal Veil Falls
This neighborhood is near many unique nature parks in surrounding Orem. The shady Bonneville Park is on the southwest corner of Aspen, providing the local spot to find community pickleball courts, tennis courts and a large playground. Families can find a picnic area and walking trail by the water at Vineyard Beach. Just three miles west is Utah Lake, where outdoor enthusiasts can raft, kayak and fish under the Rocky Mountain range.
Four miles east of Aspen is Provo Canyon, which has a scenic canyon hike and ski resort alongside the Provo River. At Sundance Mountain Resort, visitors can sleep in a mountain loft or relax in the spa after a day of hitting the slopes. Mount Timpanogos Park is a peaceful green space with pavilions and a dog park. Nunn’s Park offers campgrounds, mountain biking and hiking trails that stretch to the peak of Bridal Veil Falls, where hikers can see a massive waterfall rushing down the mountain.
Provo Canyon is located near the Aspen neighborhood.
The Aspen neighborhood offers easy access to Provo Canyon.
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Newer homes and an expanding market
In Aspen, single-family homes with garages sit on side streets in cul-de-sacs. Various condos, apartments, and multifamily options are also available. Most residential housing was built in the '80s and early '90s. Housing styles include four-square, split-level, and modern ranch-style homes. Potential homeowners can find a newly renovated 2-bedroom condo for $280,000, with prices increasing to $570,000 for a 4-bedroom ranch home with a fireplace and a backyard lot. “We’re expecting the market to keep growing,” says Duncan. “It’s a good time to sell if you’re a seller. If you’re a buyer, get in soon because there’s going to be a lot more competition.”
Home in Aspen Neighborhood, Utah.
Row of homes in the Aspen neighborhood, Utah.
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Education for Aspen kids and UVU
Kids can attend Aspen Elementary School, which many students can walk to from their houses, and it has an overall Niche grade of B. Oak Canyon Junior High has a B-minus overall grade and offers college and career counseling, which includes a preparatory program for the ACT. Timpanogos High School has an overall grade of A and an active Parent Teacher Student Association that meets monthly. Aspen is also three miles north of Utah Valley University, which enrolls over 37,000 students.
Aspen Elementary is located in the Aspen neighborhood.
Timpanogos High School serves the Aspen neighborhood.
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State Street eats
Aspen is located off State Street, which offers a variety of dining options. Residents can order a local favorite, the pork burrito, at Costa Vida, a casual eatery with Tex-Mex cuisine and a gluten-free menu. Kneaders Bakery & Café is famous for its turkey bacon avocado sandwich. South of Aspen in Bonneville, residents can find groceries at the Redmond Heritage Farm Store, which carries organic food, grass-fed beef and raw milk. Across the street, Macey’s Orem is a large supermarket with all the kitchen essentials.
Pho King and Papa Murphy's in the Aspen neighborhood, Utah.
Pho King restaurant in the Aspen neighborhood, Utah.
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Hot air balloons and the Utah Lantern Festival
Oremfest is a summer festival with a carnival, parade and a car show celebrating the community in Orem. Aspen residents may look up in early July and notice a flood of colorful hot air balloons floating through the sky from the nearby Provo Freedom Festival. Aspen is one mile south of Lindon, a town further outside the city, home to the Utah Lantern Festival, an autumn event where the community gathers to place lanterns on the lake’s surface.
Getting to Salt Lake City
Only 9 miles north of Provo, this locale is located on Interstate 15, which can take residents on the 37-mile trip north to Salt Lake City or south to Las Vegas. To get around town, the UVX, or Utah Valley Express, is a bus system that takes passengers to stops throughout Orem. From Aspen, the nearest bus stop is just south of the neighborhood on State Street, which carries traffic west around Utah Lake to avoid major freeways. The Provo Airport is only 11 miles south for those needing a weekend getaway.
Interstate 15 offers easy access to the Aspen neighborhood.
The Aspen neighborhood is located near Interstate 15.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
On average, homes in Aspen, Orem sell after 31 days on the market compared to the national average of 53 days. The median sale price for homes in Aspen, Orem over the last 12 months is $505,000.
Beautifully maintained top level condo. Enjoy your private deck with breathtaking views of the valley, soaring ceilings, and open floor plan with modern updates throughout! This is a prime location, minutes away from shopping, dining, and convenient freeway access. Plenty of guest parking and great amenities to take advantage of including: Tennis, basketball court, swimming pool. HOA covers
Price Slashed! Open House Saturday September 20, 2025, from 11 AM to 2:00 PM! Wonderful townhome in sought after Tanglewood Estates! Perfect location easy access to freeway, shopping and to UVU! This townhome is move-in ready! Built in 2006, with 2,251 sq ft of living space, 4 bedrooms and 3.5 bathrooms. The kitchen includes a refrigerator, stove, dishwasher, and microwave. Granite
PRICE REDUCED! This affordable, move-in-ready condo is perfectly located with quick freeway access and just minutes from Utah Valley University. It's ideal for owner occupancy or a smart investment with its strong rental history. The spacious primary bedroom features a walk-in closet and a private bathroom with a relaxing jetted tub. The open-concept kitchen and living room flow seamlessly
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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
