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Real Estate Titans

realestatetitansutah@gmail.com +1(435) 637-0001

$ 3,119,500

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Pending

Coalville, UT 84017

124.78 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 1895187

HOA Y/N No

Annual Tax Amount $3,552

Lot Size 124.780 Acres

Acres 124.78

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, CT-250, CT-301-C-1, 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-C1

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by IRG - 2020 LLC

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Real Estate Titans

Brokerage | License ID: 12134665-CN00

+1(435) 637-0001 | realestatetitansutah@gmail.com

Real Estate Titans

Coalville, UT 84017

Key Details

Location

Interior

Exterior

Building

Schools

Others

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