1 month on rocket

Address Not Disclosed, Midway, UT, 84049

$12,500,000

72.48 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
ViewValley, Trees/Woods
MLS #2031440
Lot Size72.48 Acres
StatusActive

About Address Not Disclosed

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.

Property Details

Property Features

Property Information:

  • Stories: 0

Listing Office:

  • Office Name: Summit Sotheby's International Realty
  • Office Phone: (435) 649-1884
  • Listing Agent: Thom E Wright

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Valley, Trees/Woods

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Secluded, Gentle Sloping, Rolling/Hilly, Mountainous, Sloped, Wooded
  • Lot Size: 72.48 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $12,500,000
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Housing Market Comparison

See how this home compares to others in Midway, UT.

Med. List Price

$1.1M

Med. Price/SqFt

$416

Avg. Days On Market

100

This property vs Midway

54 DAYS ON ROCKET

-46 Days

$12,500,000

+$11.4M More

KEY TAKEAWAY

This property is $11.4M more than the Median List Price in Midway, UT.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: UtahRealEstate.com
  • MLS Number: #2031440

Listing Office:

  • Office Name: Summit Sotheby's International Realty
  • Office Phone: (435) 649-1884
  • Listing Agent: Thom E Wright

IDXBased on information from UtahRealEstate.com 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. Information deemed reliable but not guaranteed accurate. The compilation of listings and each individual listing are Copyright © 2024 UtahRealEstate.com All rights reserved.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 9:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$62.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$37.5K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-794296
9
/10
  • Midway Elementary School

  • 225 S 100 E

  • 0.08 miles

  • Public District Grades KG-5

school-card-donut-794297
5
/10
  • Heber Valley Elementary School

  • 730 S 600 W

  • 2.49 miles

  • Public District Grades KG-5

school-card-donut-794298
6
/10
  • J.R. Smith Elementary School

  • 235 E 500 N

  • 3.25 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,447. Residents of Midway, UT typically earn between $35k-100k each year. Most families are married, with kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About Address Not Disclosed

Is this property for sale now?

Active Listing: undefined is For Sale (Active/New) which means the seller is accepting offers.
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Rocket Homes›Utah›Wasatch County›Midway›84049›Address Not Disclosed

This home sits on a 72.48 acre lot. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $12,500,000.

The number of listings in Midway, UT increased by 25.5% between October 2024 and November 2024. The median list price of listings available in November 2024 was $1,100,000, while the average time on the real estate market was 100 days.

From Rocket Homes Real Estate and based on county public records data.

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