Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Lot size
362.77 acres
Turnkey Development Opportunity (63-Lot Concept) and/or existing Ranch with Seller Financing. Seize this rare chance to own and develop 362 acres in the heart of Sanpete County. Less than 15 minutes from Ephraim and Manti's schools, shopping, restaurants, trail systems, and the upcoming Ephraim Crossing commercial hub, this fully operational ranch comes with a development concept already in place for 63 residential lots ranging from 1.25 to 5.8 acres. With essential utilities, road access, and early lot sales already in place, this is a plug-and-play opportunity with strong upside potential. Whether you're seeking legacy land ownership, income-producing acreage, or a phased development with seller-backed financing-this property delivers. Highlights Include: Ranch Income or Development Flexibility Maintain as a working ranch or develop for long-term equity and cash flow. 4 Improved Lots with Utilities 2 already sold at $250K each Existing Infrastructure 60x60 shop with ~1,200 sq ft living quarters, 50x100 hay barn, corrals, multiple wells. Plenty of Water! 241 acre-feet of underground water rights and 251 shares of surface and pressurized irrigation. Seller Financing Available. Offered at $4,000,000 (Estimated current value: $4.75M. Projected developed value: $14.4M+). Don't miss this opportunity to build where growth is inevitable. Contact Agent for proforma, Lot concept maps, and terms. Don't forget to watch the video! Buyer to verify all information.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
NO
-
Heating
None
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
-
View
Mountain(s), Valley
Area & Lot
-
Lot Features
Level
-
Lot Size(acres)
362.77
-
Property Type
Land
Price
-
Sales Price
$4,000,000
-
Tax Amount
1471.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
Yes
-
Association Fee
$120
-
Association Fee Frequency
Annually
-
Association Fee Includes
N/A
School District
-
Elementary School
South Sanpete
-
Middle School
Ephraim
-
High School
Manti
Property Features
-
Senior Community YN
NO
-
Sewer
Septic Tank
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Location
County
Sanpete
Elementary School
South Sanpete
Middle School
Ephraim
High School
Manti
Listing Courtesy of Keith M Kasperson , Coldwell Banker Realty (Park City-Newpark)
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