$1,499,999
1884 E SHEPARD LN, Lake Point, UT
4 bd · 2 ba · 3,000 sq ft · 1.1 acres · Built 2001 · Residential
Status: Active
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.
Listing courtesy of Real Broker, LLC, Ryan Konen, 855-450-0442.
Presented by Real Broker, LLC.
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