30 And Otter Crk DrLaketown, UT 84038
- Land
- 1,792.00 AC
Property Details for 30 And Otter Crk Dr
- Lot size
- 1,792.00 AC
- Property type
- Land
Description
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.
Location Insight
- City
- Laketown
- County
- Rich
- State
- Utah
- Latitude
- 41.8072
- Longitude
- -111.25
Comparable in this City
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