34 Acres in Highland, UT - $8,000,000
Total acreage is 34.15 acres for prime residential development opportunity. Acreage includes two adjacent parcels. The large parcel (11-017-0008) is 28.07 acres and the middle parcel (11-017-0140) is 5.79 acres and the small parcel (11-017-0141) is .29 acres. Land is currently in unincorporated Utah County and zoned agricultural greenbelt. Highland City will allow us to annex the land into Highland City and re-zone into residential building lots. Density to be 2-3 homes per acre. Surrounding builders include DR Horton's Skye Estates and Perry Homes building homes at $400k plus. Culinary and irrigation water that will be required by the city to develop and is available for purchase for about $800k. Parcels are mostly flat with gradual slope that gives excellent views of the valley and surrounding mountains. Seller is willing to divide up the parcels into three separate parcels to make it ...
Total acreage is 34.15 acres for prime residential development opportunity. Acreage includes two adjacent parcels. The large parcel (11-017-0008) is 28.07 acres and the middle parcel (11-017-0140) is 5.79 acres and the small parcel (11-017-0141) is .29 acres. Land is currently in unincorporated Utah County and zoned agricultural greenbelt. Highland City will allow us to annex the land into Highland City and re-zone into residential building lots. Density to be 2-3 homes per acre. Surrounding builders include DR Horton's Skye Estates and Perry Homes building homes at $400k plus. Culinary and irrigation water that will be required by the city to develop and is available for purchase for about $800k. Parcels are mostly flat with gradual slope that gives excellent views of the valley and surrounding mountains. Seller is willing to divide up the parcels into three separate parcels to make it easier for a buyer to purchase. The property needs to have two access points which can be worked out between three additional land owners to the East. The whole property is fully fenced with defined boundaries.
