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Homes with Acreage for Sale in Fayette, Utah
Fayette is a small farming town in the southwest corner of Sanpete County, sitting at about 5,100 feet along the Sevier River between Gunnison and Yuba Reservoir. The population hovers around 250, which tells you most of what you need to know about the pace of life: this is hay ground, cattle pasture, and irrigation-ditch country, not subdivision country. Acreage listings here tend to be genuine working or hobby parcels — 2 to 40 acres is the common range — usually with established water shares from the Gunnison Irrigation Company or rights tied to the Sevier River system. Without water, land in this part of Utah is just dry sagebrush, so the share count attached to a parcel matters more than the square footage of the house sitting on it.
Buyers drawn to Fayette acreage typically want horses, a few head of cattle, room for a shop, and night skies dark enough to actually see the Milky Way. Winters are cold with real snow, summers are dry and hot in the high 80s to mid 90s, and the growing season is short — roughly mid-May through late September. Gunnison handles day-to-day shopping and the regional hospital 20 minutes south, Yuba Lake is 15 minutes west for boating, and I-15 at Nephi is about 40 minutes north when you need to get to Provo or Salt Lake. Browse the current acreage listings below to see what's on the market in Fayette right now.
March 2026 · Fayette market
Live from the Utah MLS — what's actually happening in Fayette right now.
Median sale
$230,000
1 closed in March 2026
Median DOM
10 days
listing → contract
Sale-to-list
92.4%
of final list price
Unsold inventory
1
active + pending
2 matching · page 1 of 1
Active listings
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Common questions
About homes with acreage in Fayette.
How much land do typical acreage listings in Fayette include? ▾
Most acreage parcels in and around Fayette run from 2 to 40 acres, with some working farms and ranches stretching well past 100 acres along the Sevier River bottoms and out toward Gunnison Reservoir. Smaller 1-5 acre homesteads are the most common MLS inventory, often with a stick-built home, a shop or barn, and irrigated pasture.
Does the property come with water rights? ▾
Water is the single biggest variable on Fayette acreage. Shares in the Gunnison Irrigation Company or secondary water from the Sevier River system are what make pasture and hay ground actually usable, and culinary water is typically by private well since Fayette town water service is limited. Always confirm share counts, well permits, and Sevier River Water Users Association status on the title commitment before closing.
What can I realistically do with the land — livestock, crops, hobby farm? ▾
Fayette sits in Sanpete County's ag belt, so zoning is friendly to horses, cattle, sheep, chickens, and alfalfa or grass hay. Many parcels are already fenced and cross-fenced with loafing sheds in place. Sanpete County's A-1 and A-5 zones allow most agricultural uses by right, but check setback and animal-unit rules if the parcel is under 5 acres.
How far is Fayette from services and bigger towns? ▾
Fayette is roughly 20 minutes north of Gunnison, 35 minutes from Richfield, and about 2 hours south of Salt Lake City via I-15 and US-89. Gunnison handles groceries, the hospital (Gunnison Valley Hospital), and the high school, while Nephi to the north has the closest I-15 interchange and big-box shopping.
What price range should I expect for acreage homes here? ▾
Entry-level homes on 1-5 acres generally trade in the mid $400Ks to low $600Ks depending on the house condition and water situation. Larger working properties with 20+ acres, water shares, and outbuildings can run from the $700Ks into seven figures. Bare land without a home is significantly cheaper but financing is tougher.
Can I get a standard mortgage on a rural acreage property? ▾
Conventional and USDA Rural Development loans both work in Fayette since the entire area qualifies as rural under USDA maps. Lenders sometimes cap the appraised acreage contribution on conventional loans, so very large parcels may appraise better with a Farm Credit West or ag-focused lender. VA loans work fine on residential acreage with a livable home.