For sale · Lake Point
$1,499,999
1884 E SHEPARD LN, Lake Point, UT
4 bedrooms2 bathrooms3,000 square feet
The story
About this home.
About this home
Rare Lake Point duplex on 1.10 acres with mountain views, horse property rights, and no HOA. Major improvements include a new roof in 2019, a new furnace and well motor in 2022. Each unit features a one-car garage, central air, Kinetico-filtered drinking water, and a walkout unfinished basement with a separate exterior entrance, offering future expansion potential. Annual gross income is approximately $48k, with a reported 2025 NOI of $40k. Both units are leased through 2027. The sale includes culinary and irrigation water rights (1.53 WA combined). Conveniently located near I-80 and approximately 25 minutes from Salt Lake City. May be purchased with the nearby 0.18-acre buildable lot. Buyer to verify all information.
Home facts
- Status
- Active
- Type
- Residential
- Built
- 2001
- Lot
- 1.1 acres
- Living area
- 3,000 sq ft
- ZIP code
- 84074
Listing courtesy of Real Broker, LLC, Ryan Konen, 855-450-0442.
Presented by Real Broker, LLC.
Based on information from UtahRealEstate.com as of 2026-11-08. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.
What it costs a month.
Your estimated payment
$8,129/mo
- Principal and interest $8,129
Rate starts at Freddie Mac's weekly 30-year average (2026-11-05) · $1,199,999 · An estimate only, not a loan offer. Property taxes and insurance are extra; a lender gives you real figures.
