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2018 N Highway 40 - Fitzgerald Farm 35 Acres of Residential Land Offered at $20,000,000 in Heber City, UT 84032

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INVESTMENT HIGHLIGHTS

  • Direct access to US HWY 40
  • Close to Deer Valley Gondola
  • Views of MT. Timpanogas
  • Close to Mayflower Ski Resort and Jordanelle State Park

EXECUTIVE SUMMARY

Property is 35-aces of Fitzgerald Farm Master Plan, recently approved for 236 mixed residential units and annexation into Heber City. Project is directly adjacent to Jordanelle Ridge 8000-acre Mixed-Use Master Plan on east side, Highlands 148-acre Mixed-use Master Plan on Northside and Ivory Homes Coyote Ridge Mixed-Residential community underconstruction on south side. GREAT REGIONAL BUILDER OPPORTUNITY! Close to UVU Campus; Mayflower and Deer Valley Ski Resorts and upcoming Tiger Woods Golf Course. Seller selling as approved paper lots with water.

PROPERTY FACTS Under Contract

Price $20,000,000
Sale Type Investment
Sale Condition Bulk/Portfolio Sale
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Hold For Development
  • Hold For Investment
  • Master Planned Community
  • Police or Fire Station
  • Single Family Development
Total Lot Size 35.00 AC
Zoning NVOZ;MDA;NOS - NVOZ;MDA;NOS Zoning

1 LOT AVAILABLE

Lot 5 Parcels

Price $20,000,000
Price Per AC $571,428.57
Lot Size 35.00 AC

Prime Residential Development Opportunity in Heber. 35-Acres on north end of Heber. Close to UVU Campus; Mayflower Ski Resort Mixed Residential - 232 Townhome and Small Single Family Lots. Newly annexed into Heber City. Direct access from HWY 40.

DESCRIPTION

Paper Lot Sale with water. Approximate 50 small single-family lots and 137 Townhome Lots; 232 Total Lots. Direct Southwest facing facing views of Mt. Timpanogas. Recently annexed into Heber City. Master-planned community.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00-0000-5483
Land Assessment
$76,200
Improvements Assessment
$0
Total Assessment
$76,200
  • Listing ID: 27699122

  • Date on Market: 2/7/2023

  • Last Updated:

  • Address: 2018 N Highway 40, Heber City, UT 84032

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