1884 E Shepard Ln
Lake Point, UT  84074

$1,500,000       See similar homes

MLS #2096777
Status: Available

  By the Numbers

4 Bedrooms 2,880  sq ft
2 Bathrooms  $4,053/year taxes
2 car garage  
1.10 acres
 
Listed 112 days ago
Price per Sq Ft = $521     ($521 / Finished Sq Ft)
Year Built: 2001

  Rooms / Layout

  Square Feet Beds Baths Laundry

  Dining Areas

No dining information available

  Schools & Subdivision

Subdivision: Thomasville
Schools: Tooele School District
Elementary: Old Mill
Middle: Tooele
High: Stansbury

Realtor® Remarks:

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!
  Schedule a showing
  The Nitty Gritty

Find out more info about the details of MLS #2096777 located at 1884 E Shepard Ln in Lake Point.


Disposal
Floor Drains
Free Standing Range/Oven
Dishwasher: Built-In
Bay Box Windows
Double Pane Windows
Walkout Basement
Auto Sprinklers - Full
Mountain
Mountain View
This listing is provided courtesy of my WFRMLS IDX listing license and is listed by seller's Realtor®: Ryan Konen and Charlotte Konen, Brokered by: Real Broker, LLC

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