For Sale:
1884 E Shepard Ln
Lake Point,
UT
84074
- MLS #2096777
Townhome for Sale in Lake Point
Utah MLS # 2096777
0 Bathrooms
2 Garage
Price per sq ft: $521
Price / finished sq ft: $521
Year Built: 2001
1.10 Acres (47,916 sq ft)
$4,053 / year taxes
No basement
Rooms / Layout
| Sq Ft | Beds | Baths | Laundry |
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Features and Schools
To view homes, call (801) 829-1560. Your voice message will be delivered immediately. Tony or an
agent from his team will get back with you ASAP.
Or, REQUEST A PERSONAL SHOWING of 1884 E Shepard Ln with Tony Fantis or his team of Realtors®. Listing courtesy of Ryan Konen with Real Broker, LLC.
1884 E Shepard Ln - $1,500,000
Home Description
Rare Lake Point Duplex with Acreage, Mountain Views & Horse Property Rights. Discover a rare investment or house-hack opportunity in beautiful Lake Point! This charming 1.10-acre duplex offers the freedom of no HOA, horse property rights, and incredible potential-live in one unit and rent out the other, or keep both as part of your growing portfolio. Built in 2001 and lovingly maintained by the original owners, each unit includes a one-car garage, central air and heat, and Kinetico filtered water at the kitchen sink, plus a shared water softener. Both units feature walkout unfinished basements with exterior entries-a rare setup that provides the opportunity to finish and add even more rental income down the road. Enjoy peaceful, rural living with open mountain views and plenty of space for animals, trailers, or future development. The City of Lake Point may allow an ADU on the excess land in the future (buyer to verify). You'll love being just 25 minutes from Salt Lake City, with easy I-80 access, Lake Point Park nearby, and a bus stop less than half a block away. This property is one of only five grandfathered duplexes in Lake Point-a true limited inventory gem. Annual gross income is approximately $44,590, with a 2024 NOI of $38,600 and both leases secured through 2026. The sale includes two separate water rights for culinary and irrigation use. This duplex may be sold alone or alongside the nearby 0.18-acre buildable lot (MLS# 2096867), making it ideal for investors or those pursuing a 1031 exchange. Don't miss this chance to own one of Lake Point's rare multi-unit properties!
Statistics
Townhome Prices in Lake Point
Price per Square Foot in Lake Point
Townhome Prices in 84074
Price per Square Foot in 84074
1884 E Shepard Ln, Lake Point, UT - MLS # 2096777
Price per square foot and price per finished square foot are estimated based on data supplied by the listing broker. Square footage should be confirmed by a licensed appraiser. Google street view is approximate and historical, which may not reflect the most current view of a neighborhood. Price history data for homes and condos reflects the date the information was received from the MLS.
