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Jaimi Payne

homesbyjaimi@gmail.com +1(435) 359-3356

$ 3,119,500

Est. payment | -/mo

120.4 Acres Lot

Save

$ 3,119,500

Est. payment | -/mo

Save

120.4 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2111687

HOA Y/N No

Annual Tax Amount $9,677

Lot Size 120.400 Acres

Acres 120.4

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type Residential

Property Description

After a 20-year ownership by one Utah family, Chalk Creek Crossing is officially on the market. Summit County zone changes have reduced residential building envelopes in nearby areas from 40 to as little as 2.5 acres, creating the opportunity to develop spectacular residential projects close to the Park City Basin with its depleting residential opportunities. Summit County officials prefer this location for the residential and commercial projects that will eventually develop along Chalk Creek Road. New home owners will wake up to crisp mountain air, clear blue skies, and views of Coalville City, Chalk Creek, and the Weber River. The property is nestled between Coalville City to the south, Echo Reservoir to the west, and Echo Junction (I-80/I-84) to the north. Chalk Creek Crossing consists of approximately 125 acres, mostly agricultural with commercial potential. Both Coalville City and Summit County officials understand the potential of this property and are willing to discuss its future. Three reservoirs (Jordanelle, Rockport, and Echo), Park City, the Uinta Mountains, golfing, running, fishing, hunting, and several ski resorts are located nearby. Buyer can develop their own master plan for Chalk Creek Crossing incorporating a combination of single family lots, single family homes and condominiums, multi family housing, ranchettes, retail, office, and industrial buildings. Coalville City has been anticipating a large residential/commercial development at this location for several years. Industrial zoning is in place with an approved mix use overlay. A large residential/commercial project is being planned with Summit County south of Coalville in the Hoytsville area. Property consists of Summit County Tax ID #'s CT-301-C-1, CT-250, NS-329-B, CDRHTS-1 through 24. All information herein is deemed reliable but is not guaranteed. Buyer is responsible to verify all listing information, including square feet/acreage, to buyer's own satisfaction.

Location

State UT

County Summit

Area Coalville; Wanship; Upton; Pine

Zoning Industrial

Interior

Fireplace No

Exterior

View Y/N Yes

View Valley

Present Use Residential,Other

Topography Terrain: Flat, Terrain: Grad Slope, Terrain: Hilly

Private Pool No

Building

Lot Description Terrain: Grad Slope, Terrain: Hilly, View: Mountain, View: Valley, Terrain: Flat, Horse Property

New Construction No

Schools

Elementary Schools North Summit

Middle Schools North Summit

High Schools North Summit

School District North Summit

Others

Senior Community No

Tax ID CT-301-C-1

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by IRG - 2020 LLC

“The Elite Real Estate Group is here to help you navigate your real estate transaction and provide you with the luxury experience that you deserve.”

+1(435) 359-3356

homesbyjaimi@gmail.com

20 E. 1000 S., Richfield, Utah, 84701

Coalville, UT 84017