Waterfront Development
For Sale
$16,144,000
1 HWY 30 AND OTTER CREEK Rd, Laketown, UT 84038
Land, Laketown, UT
Property SizeContact for details
Lot Size1,792.00 Acres
Days on Market53
Property Features for 1 HWY 30 AND OTTER CREEK Rd
General Information
Property type
Land
Property subtype
Other
Zoning
Single-Family, Multi-Fami
Lot features
Terrain: Grad Slope, View: Lake, View: Mountain, View: Valley
View
Valley
Elementary school
North Rich
Middle school
Rich
High school
Rich
Elementary school district
Rich
Middle school district
Rich
High school district
Rich
Subdivision
Garden Cty; Lake Town; Round
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 · Keller Williams Realty
(801) 850-5600
Listed By:
Marilee Guinan · License #10988003
(801) 755-9800
Added: Jul 1
Changed: Aug 22
Last Checked: Aug 22 at 8:06PM
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
Current Use
Lease Details
Yes
Water rights
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Explore this area
Business Placement
Demographics for 84038, UT
439
Population
574
Households
0.8
Avg Household Size
39
Median Age
28%
College-Educated
96%
High-School Grad
64.2 sq mi
ZIP Area
7
Density / Sq Mi
$93,958
Median Household Income
$40,822
Median Earnings
$351,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Zoned land with an approved mixed-use plan and included water shares for building a large community in Laketown.
Where is this residential land & home lot 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.
