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Aspen

Aspen

Suburban Neighborhood in Orem, Utah

Utah County 84057

$513,952 Average Value
$230 Average Price per Sq Ft
8 Homes 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.
Aspen neighborhood with the Provo mountains, Utah.
Aerial photo of the Aspen neighborhood, 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.
Provo Canyon is located near the Aspen neighborhood.
The Aspen neighborhood offers easy access to Provo Canyon.
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.
Home in Aspen Neighborhood, Utah.
Row of homes in the 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.
Aspen Elementary is located in the Aspen neighborhood.
Timpanogos High School serves 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 and Papa Murphy's in the Aspen neighborhood, Utah.
Pho King restaurant 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.
Interstate 15 offers easy access to the Aspen neighborhood.
The Aspen neighborhood is located near Interstate 15.
The Aspen neighborhood is located near Interstate 15.
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Jackson Hardy
Written By
Jackson Hardy
Todd Cook
Photography Contributed By
Todd Cook
Drew Webster
Video By
Drew Webster

Agents Specializing in this Area

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Schools

Source:
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

Interested in learning more about homes in this area? Reach out to Dixie Butterfield, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Provo Municipal

18 min drive

Bus

1600 N & 526 W

Bus

State St & 2000 N (Sb)

Bus

1200 W & 1465 N

Bus

1200 W & 1586 N

Bus

1600 N & 832 W

Crime and Safety

1 - Low Crime, 10 - High Crime Aspen US
Homicide 3 4
Sexual Assault 3 4
Assault with Weapon 3 4
Robbery 2 4
Burglary 2 4
Motor Vehicle Theft 3 4
Larceny 3 4
Crime Score 3 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$487,000
Median Single Family Price
$557,450
Median 2 Bedroom Price
$267,500
Average Price Per Sq Ft
$230
Number of Homes for Sale
8
Last 12 months Home Sales
24
Months of Supply
4.00
Median List Price
$473,500
Median Discount From 1st List Price
2%
Median Home Sale Price YoY Change
11%

Home Facts

Number of Homes in Neighborhood
770
Median Year Built
1985
Avg. Single Family Home Size Sq Ft
2,206
Above the national average
1,935
Average Townhouse Size Sq Ft
2,087
Average 2 Bedroom Size Sq Ft
968
Median Lot Size Sq Ft
9,147

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Dixie Butterfield, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
3,466
Median Age
30
Population Density
10 ppl/acre
Population under 18
31.7%
Above the national average
23.8%
Population over 65
11.5%
Below the national average
19.1%

Finances

Median Household Income
$74,683
On par with the national average
$71,702
Average Household Income
$90,487

Education and Workforce

High School Graduates
95.2%
College Graduates
40.5%
Above the national average
34.1%
Advanced Degrees
12%
% Population in Labor Force
72.1%
Above the national average
65.1%

Weather

Annual Precipitation
13''
Average Winter Low Temperature
21°F
Average Summer High Temperature
92°F
Annual Snowfall
33''

Area Factors

Bikeable

Bike Score®

53 / 100

Very Walkable

Walk Score®

70 / 100

Some Transit

Transit Score®

34 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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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.
NEIGHBORHOOD
Aspen