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860 Donner way - Emigration Overlook 1.12 Acres of Residential Land Offered at $4,200,000 in Salt Lake City, UT 84108
Investment Highlights
- Scarcity Meets Affluent East Bench Demand
- Entitlement Head Start
- City Amenities Meet Mountain Living
Executive Summary
Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire Emigration Overlook (the “Site”), a 1.12-acre residential development parcel positioned at the mouth of Emigration Canyon on Salt Lake City’s East Bench. The East Bench is Salt Lake City's most coveted residential submarket, supported by average household incomes of $250,000. Zoned RMF-45, the Site is well positioned to serve this affluent buyer pool through an ultra-luxury condo development.
The Site benefits from a previously approved planned development for 12 luxury condo units. The design cascades down the hillside to reduce visual impact and preserve view corridors, while rooftop terraces and expansive glazing capitalize on the views. Given limited newer product nearby, the Site presents a compelling opportunity to deliver a high-end, view-oriented condo community.
The Site benefits from a previously approved planned development for 12 luxury condo units. The design cascades down the hillside to reduce visual impact and preserve view corridors, while rooftop terraces and expansive glazing capitalize on the views. Given limited newer product nearby, the Site presents a compelling opportunity to deliver a high-end, view-oriented condo community.
Property Facts
| Price | $4,200,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 1.12 AC |
| Zoning | RMF-45 - Moderate/High Density Multi-Family Residential | ||
| Price | $4,200,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 1.12 AC |
| Zoning | RMF-45 - Moderate/High Density Multi-Family Residential |
1 Lot Available
Lot
| Price | $4,200,000 | Lot Size | 1.12 AC |
| Price Per AC | $3,750,000.00 |
| Price | $4,200,000 |
| Price Per AC | $3,750,000.00 |
| Lot Size | 1.12 AC |
Condo Development Opportunity
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860 Donner way - Emigration Overlook
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