Waterfront Development
1 HWY 30 AND OTTER CREEK Rd Laketown, UT 84038
1 HWY 30 AND OTTER CREEK Rd, Laketown, UT, 84038
$16,144,000
For Sale
$16,144,000
LAND - Laketown, UT
Lot Size1,792.00 Acres
Days on Market18
Property Features for 1 HWY 30 AND OTTER CREEK Rd
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- Single-Family, Multi-Fami
- Standard status
- Active
- APN
- 32-09-00-003
- Lot size
- 1,792.00 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1000
Listing Agency
KW WESTFIELD
(801) 850-5600
998 N 1200 W, Orem, UT
Listed by
Marilee Guinan · License #10988003
(801) 755-9800
Added: Jul 1 Checked: Jul 18 at 1:06 am
MLS# 2169477
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Investment Insights
Based on property information with market context.
This waterfront land parcel is presented for development with zoning in place for single-family and multi-family uses. The seller states the property has current approval to build 1,792 homes, including single-family and multi-family attached product, along with commercial components within the approved plan. Water shares are included with the offering.
The property is located at 1 HWY 30 and Otter Creek Rd in Laketown, Utah (84038), within Rich County. The listing materials highlight Bear Lake as the surrounding draw, referencing local access to skiing, snowmobiling, hunting, beaches, and water sports.
For developers, this asset offers an approved pathway for a multi-product community that includes residential and commercial elements, supported by included water shares. The listing also notes that a 1031 exchange could be an option and that seller financing may be available with the right offer. Prospective buyers should review the approved plans and development requirements directly to confirm timelines, phasing, and any applicable conditions tied to the current approvals.
The property is located at 1 HWY 30 and Otter Creek Rd in Laketown, Utah (84038), within Rich County. The listing materials highlight Bear Lake as the surrounding draw, referencing local access to skiing, snowmobiling, hunting, beaches, and water sports.
For developers, this asset offers an approved pathway for a multi-product community that includes residential and commercial elements, supported by included water shares. The listing also notes that a 1031 exchange could be an option and that seller financing may be available with the right offer. Prospective buyers should review the approved plans and development requirements directly to confirm timelines, phasing, and any applicable conditions tied to the current approvals.
Key Highlights
- Land is zoned and ready for development.
- Current approval to build 1,792 units: single‑family, attached multifamily, and commercial.
- Water shares are included.
Property Analytics
Location Intelligence
Current Use by Public Records
Waterfront Land
Similar For Sale Nearby
FAQs
What type of property is this?
Waterfront Land - Zoned land with an approved mixed-use plan and included water shares for building a large community in Laketown.
Where is this waterfront land located?
The property is located at 1 HWY 30 AND OTTER CREEK Rd Laketown, UT.
What is the asking price?
The asking price for this property is $16,144,000.
What are key features of this property?
This property features: Land is zoned and ready for development.; Current approval to build 1,792 units: single‑family, attached multifamily, and commercial.; Water shares are included.
