For Sale
$16,144,000

30 And Otter Crk DrLaketown, UT 84038

1792 Acres, Lake Views, Approved for 1792 Units

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 1,792-acre property in Laketown, Utah, presents a unique investment opportunity. Located at the intersection of Highway 30 and Otter Creek Drive, in Rich County, zip code 84038 (latitude 41.8072181, longitude -111.2498226), this expansive land parcel boasts breathtaking views of Bear Lake. The property is zoned for a mixed-use development, with pre-approved plans for 1792 units encompassing single-family homes, multi-family dwellings, and commercial spaces. This allows for a diverse and potentially highly profitable development strategy. The asking price is $16,144,000. A significant advantage is the inclusion of water shares, ensuring ample water resources for the planned development. The property's location in a popular tourist destination, known for its scenic beauty and recreational activities, promises strong potential for both residential and commercial success. This is a rare chance to acquire a large-scale development site with pre-approved plans and abundant water rights in a highly desirable location. The property's size and versatility make it ideal for a large-scale project, offering significant returns on investment. Serious inquiries only.

Highlights

  • 1,792-acre mixed-use development site in Laketown, UT (zip code 84038).
  • Located at Highway 30 & Otter Creek Drive, Rich County, with Bear Lake views.
  • Pre-approved plans for 1792 units (single-family, multi-family, & commercial).
  • $16,144,000 asking price, includes ample water shares.
  • Highly desirable location in a popular tourist destination.

Property Details for 30 And Otter Crk Dr

Property type
Land
Lot Size (sq. ft)
78,059,520 SF

Location Insight

City
Laketown
County
Rich
State
Utah
Latitude
41.8072181
Longitude
-111.2498226
30 And Otter Crk Dr, Laketown, Utah

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30 And Otter Crk Dr
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