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

    Lake, Mountain(s), Valley, Trees/Woods

Area & Lot

  • Lot Features

    Rolling Slope, Sloped, Secluded, Wooded, Level

  • Lot Size(acres)

    72.48

  • Property Type

    Land

Price

  • Sales Price

    $12,500,000

  • Tax Amount

    $6,296

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Wasatch

  • Middle School

    None/Other

  • High School

    Wasatch

Property Features

  • Senior Community YN

    NO

  • Sewer

    Septic Tank

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Location

County

Wasatch

Elementary School

Wasatch

Middle School

None/Other

High School

Wasatch

Listing Courtesy of Thom E Wright , Summit Sotheby's International Realty

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Perhaps, the only remaining trophy undeveloped large acreage estate parcel in Park City/Midway nestled up elevation into the Wasatch Range, combining a spectacular mountain setting with irrigated fields below. Alternatives have long ago been subdivided out or deed restricted. 67.48 acres (plus additional 5-acre irrigated field) in Midway for a total of 72.48 acres. 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 private 80-acre Estate of a prominent owner (Bear North overlooks from above) which includes prime irrigated fields and horse grounds in permanent preservation. On the west and north: Bordered and protected by l000's of acres of Wasatch State Park recreational mountain lands, predominantly inaccessible to the public but serving as the property's virtually private mountain recreation playground. On the south: Bordered and protected on the south by the Bear South property.

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For starters, the land tells the story, and the views are something people simply haven't seen before until now. An exceptionally rare 44 acre developable ridgeline parcel overlooking Jordanelle Reservoir. The elevated setting reveals breathtaking, unobstructed panoramic views of Jordanelle Reservoir with Deer Valley's ski terrain and the new East Village as a dramatic backdrop. These extraordinary water and mountain views, combined with ultimate privacy, are the defining features of the property and represent a truly rare opportunity in the Wasatch Back. The parcel features mostly flat, highly buildable terrain and offers the potential to create approximately eight to nine 5 acre residential estate lots, depending on survey and county approval. Water, sewer, and other utilities are available to the site, providing strong infrastructure support for future development.  Unlike many surrounding luxury communities, there are no CC&Rs, no HOA, or restrictions, offering a rare opportunity to design and build without the limitations often found in resort developments. Here you have the freedom to create your own vision and truly be your own boss.  Located just off State Road 32 and neighboring premier luxury communities including Victory Ranch, Marcella Golf Club (Tiger Woods design), and Benloch Ranch, the property sits in one of the most desirable and rapidly growing luxury corridors surrounding Jordanelle Reservoir. Your neighbors truly do not get better than that.  The property is located within the Jordanelle Basin Overlay Zone (JBOZ) and the Jordanelle Special Service District (JSSD), which provide coordinated planning standards and infrastructure services for development throughout the Jordanelle Basin.  Just 15 minutes from Deer Valley's new East Village, this offering represents a rare opportunity to create luxury estate homesites capturing some of the most remarkable and previously unseen views of Jordanelle Reservoir and Deer Valley.
#2142179

Midway

32 STATE RD

None Beds

None Baths

44.0 acres

$10,750,000

MLS#: 2142179

 - property

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