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$ 3,119,500
Est. payment | /mo
5,244,624 SqFt
$ 3,119,500
Est. payment | /mo
5,244,624 SqFt
Key Details
Property Type Vacant Land
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,244,624 sqft
Price per Sqft $0
Subdivision Commercial Land
MLS Listing ID 12504107
Annual Tax Amount $9,677
Tax Year 2024
Lot Size 120.400 Acres
Acres 120.4
Lot Dimensions 120.4
Property Sub-Type Other
Source Park City Board of REALTORS®
Property Description
After a 20-year ownership by one Utah family, Chalk Creek Crossing is officially on the market. Summit County zone changes have reduced residential building envelopes in nearby areas from 40 to as little as 2.5 acres, creating the opportunity to develop spectacular residential projects close to the Park City Basin with its depleting residential opportunities. Summit County officials prefer this location for the residential and commercial projects that will eventually develop along Chalk Creek Road. New home owners will wake up to crisp mountain air, clear blue skies, and views of Coalville City, Chalk Creek, and the Weber River. The property is nestled between Coalville City to the south, Echo Reservoir to the west, and Echo Junction (I-80/I-84) to the north. Chalk Creek Crossing consists of approximately 125 acres, mostly agricultural with commercial potential. Both Coalville City and Summit County officials understand the potential of this property and are willing to discuss its future. Three reservoirs (Jordanelle, Rockport, and Echo), Park City, the Uinta Mountains, golfing, running, fishing, hunting, and several ski resorts are located nearby. Buyer can develop their own master plan for Chalk Creek Crossing incorporating a combination of single family lots, single family homes and condominiums, multi family housing, ranchettes, retail, office, and industrial buildings. Coalville City has been anticipating a large residential/commercial development at this location for several years. Industrial zoning is in place with an approved mix use overlay. A large residential/commercial project is being planned with Summit County south of Coalville in the Hoytsville area. Property consists of Summit County Tax ID #'s CT-301-C-1, CT-250, NS-329-B, CDRHTS-1 through 24. All information herein is deemed reliable but is not guaranteed. Buyer is responsible to verify all listing information, including square feet/acreage, to buyer's own satisfaction.
Location
State UT
County Summit
Community Commercial Land
Area 54 - Wanship, Hoytsville, Coalville, Rockport
Exterior
Utilities Available See Remarks
View Y/N No
Building
Lot Description Gradual Slope, Level, Natural Vegetation, See Remarks
Water See Remarks
Schools
School District North Summit
Others
Tax ID Ct-301-C-1
Acceptable Financing Cash, Conventional, See Remarks
Listing Terms Cash, Conventional, See Remarks
Listed by IRG - 2020 LLC
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