Homes for sale - 8048 N PARK MEADOW LN #002, Lake Point, UT 84074

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$275,000

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7,840 Sqft Lot

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8048 N PARK MEADOW LN #002 Lake Point, UT 84074

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Jenny Pace

jenny@jennypace.com +1(801) 698-5066

UPDATED:

07/09/2024 03:04 PM

Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Subdivision Haleville Nminor Subdivision

MLS Listing ID 2006812

HOA Y/N No

Annual Tax Amount $845

Lot Size 7,840 Sqft

Acres 0.18

Lot Dimensions 0.0x0.0x0.0

Property Description

Rare Find: This is a .18 acre build lot fenced in on three sides. The big selling point of this property is that this is a rare piece of land in established Lake Point that is not a part of the HOA. Land is rarely up for sale to private individuals in Lake Point, it is typically reserved for builders. Great mountain view on your future back porch with no obstructions and is an established neighborhood. .65 water share is associated with this lot, .45 will go to culinary and that leaves a good amount left over for grass and trees. The following can be a positive or a negative for this sale as this is a combo sale with a stabilized duplex just around the corner, so this is a great opportunity for kids, grandkids, parents and grandparents to live in proximity but in separate homes and allows for parents to help their children buy an investment property and to help build for them some investment generating income, while helping them keep an eye on the duplex from their new build home on this land. It is also a great opportunity to buy two pieces of property in the boom town of Lake Point. The new LDS Temple opening in November is only a short 10-minute drive. Water, internet, power and sewer are all stubbed to the land. The gas line is about 75' from the property so that needs to be dug and stubbed in. The gas line is on the neighboring lot still so to stub it to this land should be simple work and the neighboring lot is a lot owned by the seller of this land as well so they will sign off on the right to come onto their land to do that stubbing. This seller plans on doing a 1031 exchange in combination with this and the duplex listing and both must be sold together or very close in time, meaning this land must be purchased with the duplex listing just aroundthe corner and that needs to be a part of the 1031 exchange, too, so they basically have to be purchased together. The duplex MLS # is 2006857

Location

State UT

County Tooele

Area Grantsville; Tooele; Erda; Stanp

Zoning Single-Family

Interior

Fireplace No

Exterior

Utilities Available Natural Gas Available, Electricity Available, Sewer Available

View Y/N Yes

View Valley

Present Use Residential

Private Pool false

Building

Lot Description Fenced: Full, Sidewalks, View: Mountain, View: Valley

Faces East

Sewer Sewer: Available

New Construction No

Schools

Elementary Schools Rose Springs

Middle Schools Clarke N Johnsen

High Schools Stansbury

School District Tooele

Others

Senior Community No

Tax ID 22-020-0-0002

Acceptable Financing Exchange

Listing Terms Exchange

Listed by Realtypath LLC (Tooele Valley)

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Jenny Pace

Broker | License ID: 5757368-PB00

+1(801) 698-5066

Jenny Pace

8048 N PARK MEADOW LN #002 Lake Point, UT 84074

Jenny Pace

Key Details

Location

Interior

Exterior

Building

Schools

Others

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8048 N PARK MEADOW LN #002