bds
|
ba
|
sqft
ac lot
|
car garage
|
|
Luxury Homes for Sale in Murray, Utah
Murray sits dead center in the Salt Lake Valley, which is exactly why it draws buyers who want a shorter commute without giving up square footage or privacy. Luxury homes here cluster in a few distinct pockets: the bench areas near Wasatch Boulevard and the foothills bordering Cottonwood Heights, custom-built properties along Vine Street and Fort Union Boulevard, and newer executive construction near the Murray-Holladay border. Prices for these properties generally start around $900,000 and run past $2 million for larger lots with mountain views or acreage, a different market than the townhome-heavy price points that dominate most of Murray's listings. Buyers are typically trading up from Sandy or Holladay, or relocating for jobs at Intermountain Healthcare's Murray campus, Big-D Construction, or the tech corridor along State Street.
What separates a luxury property in Murray from one in Park City or Alpine is the practicality: these are homes built for people who want quick access to I-15, I-215, and a 20-minute drive to Salt Lake City International Airport, not a mountain retreat. Expect features like finished daylight basements, three-car garages, wine cellars, and lots large enough for a pool or sport court — something increasingly rare this close to downtown. Murray School District and the city's own well-regarded parks and rec system also pull in families who want luxury finishes without a 45-minute school commute. Browse the active listings below to see what's currently on the market.
July 2026 · Murray market
Live from the Utah MLS — what's actually happening in Murray right now.
Median sale
$491,000
23 closed in July 2026
Median DOM
31 days
listing → contract
Sale-to-list
96.5%
of final list price
Unsold inventory
179
active + pending
14 matching · page 1 of 1
Active listings
Prefer the map?
See all 14 luxury homes on a map
Pan around Murray and refine by drawing your own boundary.
Common questions
About luxury homes in Murray.
What price range counts as luxury in Murray? ▾
In Murray, the luxury tier generally begins around $900,000 and extends to roughly $2 million. Above $1.5M you're typically looking at fully custom builds, larger half-acre+ lots, or homes with pools, guest casitas, or major recent renovations. Murray rarely sees sales above $2.5M because lot sizes cap out smaller than in Holladay or Sandy.
Which Murray neighborhoods have the most luxury inventory? ▾
The strongest concentration is east of State Street near Murray Park, Wheeler Historic Farm, and the Vine Street area. You'll also find higher-end custom homes tucked into pockets near Murray Parkway Golf Course and along the Jordan River corridor. Most luxury product in Murray is infill or rebuilds rather than new subdivisions.
How does Murray luxury compare to nearby Holladay or Cottonwood Heights? ▾
Murray sits at a lower price point than Holladay or Cottonwood Heights for comparable square footage — often 15-25% less. The trade-off is smaller lots on average and no foothill views. What you gain is a more central valley location, shorter commute to downtown SLC and the airport, and easier access to both sides of the valley via I-215.
Are there new-construction luxury homes available in Murray? ▾
New construction at the luxury level is limited because Murray is essentially built out. Most high-end product comes from tear-down rebuilds on existing lots, particularly in the older eastside neighborhoods. When a true new custom does come to market, it usually sells quickly and at a premium over comparable resales.
What's the property tax situation on a $1.2M home in Murray? ▾
Salt Lake County property tax on a primary residence runs roughly 0.6-0.75% of assessed value after the residential exemption, so a $1.2M Murray home typically lands in the $7,500-$9,000 per year range. Non-primary residences are taxed on 100% of value and run noticeably higher.
How long do luxury Murray listings typically stay on the market? ▾
Days on market vary heavily by season and condition. Move-in-ready custom homes priced correctly often go under contract in 2-4 weeks, while homes needing updates or priced above neighborhood comps can sit 60-90+ days. The luxury tier in Murray is thinner than the mid-market, so individual listings don't always have direct comps.