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5 S 500 W #616

Salt Lake City, UT 84101

Neighborhood: PARC AT GATEWAY

$320,000
-$90.0k

Originally listed at $430,000

MLS #2160482

Beds
1
Baths
1
Sq Ft
697
Lot
0.01 ac
Built
2004
Garage
1 car
View virtual tour
Has view Fireplace Central A/C

About this home

This home for sale at 5 S 500 W #616 Salt Lake City, UT 84101 has been listed at $320,000 and has been on the market for 137 days.

Full description

Experience the best of downtown Salt Lake City living in this beautifully updated condo! Ideally located in the heart of the Gateway District, you'll enjoy walkable access to premier dining, shopping, entertainment, and cultural attractions, including The Gateway, City Creek Center, Clark Planetarium, Temple Square, the Delta Center, and the Gallivan Center. With TRAX and FrontRunner nearby, commuting and exploring the city couldn't be easier. Inside, you'll find a modern, low-maintenance living space designed for comfort and convenience, making it perfect as a primary residence, second home, or investment opportunity. One of the greatest advantages of this location is the balance between vibrant city living and Utah's incredible outdoor lifestyle. Spend your mornings enjoying downtown cafs and your afternoons hiking scenic mountain trails, mountain biking, or skiing world-class resorts-all within approximately 30 minutes. This is the perfect opportunity to enjoy everything Salt Lake City has to offer from one exceptional location.

Property details

Property Type
Residential
Sub-type
Condominium
Status
Active
Days on Market
137
Bedrooms
1
Bathrooms
1
Year Built
2004
Effective Year
2017
Stories
1
Living Area
697 sq ft
Lot Size
0.01 acres
Price/sqft
$459.11
Garage Spaces
1
Parking Total
1
Fireplaces
1
County
Salt Lake
Subdivision
PARC AT GATEWAY
HOA Fee
$321.00/mo
Tax Annual
$1,745
Preferred Financing
Cash, Conventional
Parcel #
15-01-130-033
MLS Area
Salt Lake City; So. Salt Lake
Listed By
KW South Valley Keller Williams

Interior features

  • Alarm: Fire
  • Bath: Primary
  • Bath: Sep. Tub/Shower
  • Closet: Walk-In
  • Disposal
  • Gas Log
  • Oven: Gas
  • Range: Gas
  • Granite Countertops

Exterior features

  • Balcony
  • Double Pane Windows
  • Entry (Foyer)
  • Lighting
  • Porch: Open
  • Secured Building
  • Secured Parking
  • Patio: Open

Building, systems & basement

Roof
Flat, Rubber
Construction
Stone, Stucco
Flooring
Carpet, Laminate, Tile
Heating
Forced Air, Hot Water
Cooling
Central Air
Basement
None

Garage & parking

Garage spaces
1
Parking total
1
Covered spaces
1
  • Covered
  • Secured
  • Built-In
  • Detached

HOA dues include

  • Gas Paid
  • Sewer
  • Trash
  • Water

Land description

  • Road: Paved
  • Sidewalks
  • Sprinkler: Auto-Part
  • View: Mountain
  • Drip Irrigation: Auto-Part
  • Private

Utilities

  • Natural Gas Connected
  • Electricity Connected
  • Sewer Connected
  • Water Connected

Additional features

Patio & porch
  • Porch: Open
  • Patio: Open
View
  • Mountain(s)
Window features
  • Full
  • Plantation Shutters
Laundry
  • Electric Dryer Hookup
Security
  • Fire Alarm
Sewer
  • Sewer: Connected
Water source
  • Culinary
Current use
  • Residential

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Location

Location of 5 S 500 W #616

Salt Lake City, UT · approximate location

Schools

Elementary
Wasatch
Salt Lake
Middle/Jr
Bryant
Salt Lake
High
East
Salt Lake

Neighborhood

Located in PARC AT GATEWAY, Salt Lake City.

Walk · Transit · Bike

Walk Score

Most errands can be accomplished on foot. Strong transit options available. Daily errands can be done by bike.

Price History

9/21/2026
$320,000 $459/sqft
-$90,000
-22.0%
6/5/2026
$410,000 $588/sqft
-$20,000
-4.7%
5/27/2026
$430,000 $617/sqft
Listed
—
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$
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Advanced options
%

Salt Lake County primary residence — already accounts for 55% exemption.

$
$

From listing: $321.00 Monthly.

Estimated monthly payment
  • Principal & interest
  • Property tax
  • Home insurance
  • HOA fees
Loan amount
Total interest paid
Total amount paid
Get pre-approved with our preferred lender

Tyler Slesk is our preferred mortgage lender — not your real estate agent. Reach out for rates, pre-approval, or affordability questions.

TS Tyler Slesk, Branch Manager at Radiant Mortgage
Radiant Mortgage
Tyler Slesk
Branch Manager
NMLS: #1485075

"10+ years helping Utah families achieve homeownership"

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Listed by: Sean Caldwell · KW South Valley Keller Williams. 801-676-5700.

Source: UtahRealEstate.com. Information deemed reliable but not guaranteed. All measurements and calculations of area should be independently verified.

Based on information from UtahRealEstate.com as of Oct 10, 2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively 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.

Publisher's notice: All real estate advertised herein is subject to the Federal Fair Housing Act and Utah Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, family status, or national origin.

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Salt Lake City market context

How this property sits against recent sales in the area.

This listing: $320,000 — 42.0% below the median sale price.

Salt Lake City market — Residential

What homes are doing.

Latest data through September 2026.

Full report →

Median sale price

$551,750

-0.6% year over year

Median days on market

15

-21 days year over year

Sale-to-list ratio

98.6%

+0.24pp year over year

Homes sold in September

116

-122 year over year

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