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Nikki Keye

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$ 12,500,000

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Bear North Parcels 06-58.91, 4415, 21-7238 Midway, UT 84049

3,157,228 SqFt

UPDATED:

11/18/2024 11:35 PM

Key Details

Property Type Vacant Land

Sub Type Acreage

Listing Status Active

Purchase Type For Sale

Square Footage 3,157,228 sqft

Price per Sqft $3

Subdivision Other(Areas 23-41)

MLS Listing ID 12404325

Originating Board Park City Board of REALTORS®

Annual Tax Amount $6,296

Tax Year 2024

Lot Size 72.480 Acres

Acres 72.48

Lot Dimensions 72.48

Property Sub-Type Acreage

Property Description

Perhaps the only remaining trophy large acreage estate parcel in Park City/Midway (other than Bear South) nestled up elevation into the Wasatch Range, combining a spectacular mountain setting with irrigated fields below. All other alternatives have long ago been subdivided out or deed restricted, with the last two (other than Bear North and South) being brought to development or deed restriction in the last two years. Wooded uplands and foothills high above and overlooking Midway, Heber Valley, and multiple large estate pasture lands at the foot of the parcel (the most recent selling for $375,000 /acre). Rich natural vegetation and fall foliage benefitting from an elevated and predominantly easterly (much more moist) exposure. 1.5 shares of Midway Irrigation Co. plus 5 more shares with the irrigated field for a total of 19.5 acre feet. Elevations run over 300 feet from 5585 ft. elevation to 5980 ft. Access directly from 500 South via 5 acre irrigated parcel. The ultimate viewsheds in Midway, with elevated views -from far above the valley floor -in all directions including Mt. Timpanogos, the High Uintas, Deer Creek reservoir, and some of the Wasatch's tallest peaks. Offering: extraordinary 360 degree elevated views, terrain for premier equestrian and other recreational activities, (if pursued) major tax deduction benefits, and private recreational access to thousands of acres of State Park foothill /mountain /mountain-valley lands to which the public has little access. Nearby 1.17 miles to Midway's Main Street and 2.75 miles to Soldier Hollow Golf Course and Olympic Nordic Center. Travel time. Heber Valley Airport 12 minutes, Deer Valley Deer Crest Gondola 19 minutes, Jordanelle Reservoir 19 minutes, Park City Main Street 25 minutes, Provo 35 minutes, SLC Airport 53 minutes. Bordered on the east: Predominantly bordered and protected by the 80-acre Kem Gardner Estate (Bear North overlooks from above), which includes prime irrigated fields and horse grounds in permanent preservation. On the west and north: Bordered and protected by l000's of acres of Wasatch State Park recreational mountain lands, predominantly inaccessible to the public but serving as the property's virtually private mountain recreation playground. On the south: Bordered and protected on the south by the Bear South property.

Location

State UT

County Wasatch

Community Other(Areas 23-41)

Area 30 - Midway

Exterior

Utilities Available See Remarks

View Y/N Yes

View Lake, Mountain(s), Valley

Building

Lot Description Steep Slope, Additional Land Available, Adjacent Public Land, Natural Vegetation, South Facing, See Remarks

Water See Remarks

Schools

School District Wasatch

Others

Tax ID 00-0006-4415

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://u.listvt.com/mls/159522766

Listed by Summit Sotheby's International Realty (Heber)

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Nikki Keye

Broker Associate | License ID: 5488222-AB00

+1(435) 655-1612 | nikki@keyeteam.com

Nikki Keye

Bear North Parcels 06-58.91, 4415, 21-7238 Midway, UT 84049

Key Details

Location

Exterior

Building

Schools

Others

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Bear North Parcels 06-58.91,4415, 21-7238