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Homes Under $500,000 in Teasdale, Utah
Teasdale sits at about 7,000 feet on the western edge of Capitol Reef country, tucked between Boulder Mountain and the red rock of Wayne County. It's a town of roughly 180 people, a few orchards, a scattering of historic stone and log homes, and some of the darkest night skies in the lower 48. Under $500K in this market generally means an older farmhouse on an acre or two, a modest cabin used as a weekend base for Capitol Reef and Boulder Mountain, or a manufactured home with irrigation shares. New construction is uncommon at this price point because materials and labor have to travel a long way — the closest Home Depot is in Richfield, about 75 miles northwest.
Buyers in this range tend to fall into two camps: retirees and remote workers wanting quiet acreage near a national park, and second-home owners looking for a basecamp for hiking, fly fishing the Fremont River, and ATVing the Boulder Mountain trail system. Property taxes in Wayne County are low, but utilities often mean a private well, septic, and propane rather than municipal hookups, so due diligence on water rights and systems matters more here than in a typical Wasatch Front purchase. Inventory is thin — sometimes only a handful of homes are active at once — so it pays to watch the market closely and move quickly when something fits. Browse the active listings below to see what's currently available under $500K in and around Teasdale.
April 2026 · Teasdale market
Live from the Utah MLS — what's actually happening in Teasdale right now.
Median sale
$955,000
1 closed in April 2026
Median DOM
311 days
listing → contract
Sale-to-list
87.6%
of final list price
Unsold inventory
1
active + pending
4 matching · page 1 of 1
Active listings
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Common questions
About homes under $500k in Teasdale.
Is $500K realistic for a home in Teasdale? ▾
Yes, though inventory is thin. Teasdale is a small unincorporated community in Wayne County with only a few dozen homes turning over each year, and listings under $500K typically include older cabins, manufactured homes on acreage, or modest single-family houses on lots between a quarter-acre and a few acres. Pricing has climbed since Capitol Reef tourism boomed, so the sub-$500K bracket is tighter than it was five years ago.
What kind of property should I expect at this price point? ▾
Most homes under $500K here are 2-3 bedroom builds ranging from 1,000 to 1,800 square feet, often with detached shops, well water, and septic systems. Some sit on irrigated pasture land with water shares; others are cabin-style retreats used as second homes. Newer construction at this price is rare — expect homes built between the 1970s and early 2000s.
Are these homes typically on well and septic? ▾
Yes. Teasdale doesn't have municipal water or sewer service, so almost every property runs on a private well and septic system. Buyers should budget for well inspections, water quality testing, and septic pump-outs as part of due diligence, and check whether the property carries irrigation water shares from local ditch companies.
How close is Teasdale to Capitol Reef National Park? ▾
Capitol Reef's visitor center is about 15 miles east via Highway 24, roughly a 20-minute drive. Torrey sits between Teasdale and the park entrance and handles most of the tourist traffic, which keeps Teasdale quieter while still putting the park, the Fremont River, and Boulder Mountain trailheads within easy reach.
Can I use a sub-$500K Teasdale home as a short-term rental? ▾
Wayne County allows nightly rentals in many areas, but rules vary by zoning and HOA covenants where they exist. Given the steady Capitol Reef visitation, STR demand is real from spring through fall, but winter occupancy drops sharply. Verify the specific parcel's zoning with Wayne County before counting on rental income.
What's winter like for a Teasdale homeowner? ▾
Teasdale sits at about 7,000 feet elevation, so winters bring real snow, overnight lows in the teens and single digits, and occasional road closures on Boulder Mountain. Heating is typically propane, wood stove, or a combination — natural gas service is limited. Plan for plowing, freeze-protected well housings, and the reality that some services slow down November through March.