Three Falls Homes For Sale

Three Falls is a low-density land subdivision in Alpine where lots carry a median size of roughly 2.39 acres, making it one of the larger-parcel communities in the area. Activity is a limited sample — only 10 listings recorded over the past year — with the five closed sales ranging from $2,000,000 to $3,800,000 and days on market stretching from 46 to 418, reflecting the deliberate pace typical of high-end vacant land. The most recent sale in April 2026 closed at $2,700,000 at a 90% sale-to-list ratio, while new listings entering in 2026 have carried asking prices between roughly $3,000,000 and $16,500,000, signaling a wide spread in how sellers are pricing remaining parcels. The $354 monthly HOA fee is worth factoring into carrying costs for buyers holding land before building. All homes here feed Lone Peak High and Timberline Middle, with elementary assignments split primarily between Westfield Elementary and Alpine Elementary.