Highland, UT 84003

$8,000,000
List Price
$8,000,000
Status
ACTIVE
MLS#
1488565
Days on Market
31
Acres
33.86
County
Utah
Region
Am Fork; Hlnd; Lehi; Saratog.

Property Description

Total acreage is 33.86 acres for prime residential development opportunity. Acreage includes two adjacent parcels. The large parcel (11-017-0008) is 28.07 acres and the small parcel (11-017-0140) is 5.79 acres. Land is currently in unincorporated Utah County and zoned agricultural greenbelt. Highland City will allow us to annex the land into Highland City and re-zone into residential building lots. Density to be 2-3 homes per acre. Surrounding builders include DR Horton's Skye Estates and Perry Homes building homes at $400k plus. Culinary and irrigation water that will be required by the city to develop and is available for purchase for about $800k. Parcels are mostly flat with gradual slope that gives excellent views of the valley and surrounding mountains. Seller is willing to divide up the parcels into three separate parcels to make it easier for a buyer to purchase. The property needs to have two access points which can be worked out between three additional land owners to the East. The whole property is fully fenced with defined boundaries.

Additional Information

Taxes
$6
School District
Alpine
Elementary School
Ridgeline
Middle School
Timberline
High School
Lone Peak

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Century 21 Everest Realty Group.

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