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$ 12,500,000
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$ 12,500,000
Est. payment | /mo
Key Details
Property Type Vacant Land
Sub Type Acreage
Listing Status Active
Purchase Type For Sale
Subdivision Other(Areas 23-41)
MLS Listing ID 12404325
Annual Tax Amount $6,296
Tax Year 2024
Acres 72.48
Lot Dimensions 554 x 2674 x 1070
Property Description
Perhaps the only remaining trophy large acreage estate parcel in Park City/Midway (other than Bear South) nestled up elevation into the Wasatch Range, combining a spectacular mountain setting with irrigated fields below. All other alternatives have long ago been subdivided out or deed restricted, with the last two (other than Bear North and South) being brought to development or deed restriction in the last two years. Wooded uplands and foothills high above and overlooking Midway, Heber Valley, and multiple large estate pasture lands at the foot of the parcel (the most recent selling for $375,000 /acre). Rich natural vegetation and fall foliage benefitting from an elevated and predominantly easterly (much more moist) exposure. 1.5 shares of Midway Irrigation Co. plus 5 more shares with the irrigated field for a total of 19.5 acre feet. Elevations run over 300 feet from 5585 ft. elevation to 5980 ft. Access directly from 500 South via 5 acre irrigated parcel. The ultimate viewsheds in Midway, with elevated views -from far above the valley floor -in all directions including Mt. Timpanogos, the High Uintas, Deer Creek reservoir, and some of the Wasatch's tallest peaks. Offering: extraordinary 360 degree elevated views, terrain for premier equestrian and other recreational activities, (if pursued) major tax deduction benefits, and private recreational access to thousands of acres of State Park foothill /mountain /mountain-valley lands to which the public has little access. Nearby 1.17 miles to Midway's Main Street and 2.75 miles to Soldier Hollow Golf Course and Olympic Nordic Center. Travel time. Heber Valley Airport 12 minutes, Deer Valley Deer Crest Gondola 19 minutes, Jordanelle Reservoir 19 minutes, Park City Main Street 25 minutes, Provo 35 minutes, SLC Airport 53 minutes. Bordered on the east: Predominantly bordered and protected by the 80-acre Kem Gardner Estate
Location
State UT
County Wasatch
Area 30 - Midway
Exterior
Fence Partial
Utilities Available See Remarks
View Lake, Valley, Mountain(s)
Street Surface Gravel,Paved
Accessibility Horse Trail
Building
Sewer Septic Tank
Water See Remarks
Schools
School District Wasatch
Others
HOA Fee Include None
Tax ID 00-0006-4415
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Summit Sotheby's International Realty (Heber)
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