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Price Reduced
Garden City, UT 84028
Homes for sale in Garden City ·Neighborhood: SWEETWATER RESORT
$8,300,000
-$1,100.0k
Originally listed at $7,760,000
MLS #2002052
Beds
776
Baths
582
Sq Ft
2,700
Lot
29.3 ac
Built
2024
New construction
About this home
Full description
Rare large-scale development opportunity in the heart of Bear Lake. This 29.3-acre parcel in Garden City is fully entitled and approved for 194 residential units with nightly rental zoning already in place, offering a true shovel-ready opportunity for developers looking to move quickly in a high-demand destination market. Ideally positioned with direct access to the adjoining golf course and surrounded by lake, mountain, and valley views, the property supports a wide range of development possibilities including resort-style living, short-term rentals, or a thoughtfully planned residential community. Infrastructure has already been initiated with road construction completed for 29 pads, utilities available, and water shares included. Priced at less than $43,000 per door, this offering represents one of the most compelling cost-per-unit opportunities currently available in the Bear Lake area. With entitlements secured and strong year-round tourism demand, this is a rare chance to develop at scale in a rapidly growing recreation market. Contact agent for full development package, approvals, and due diligence materials.
Property details
- Property Type
- Residential
- Sub-type
- > 4 Units
- Status
- Active
- Days on Market
- 887
- Bedrooms
- 776
- Bathrooms
- 582
- Year Built
- 2024
- Living Area
- 2,700 sq ft
- Lot Size
- 29.3 acres
- Price/sqft
- $3,074.07
- New Construction
- Yes
- County
- Rich
- City
- Garden City
- Subdivision
- SWEETWATER RESORT
- Preferred Financing
- Cash, Conventional
- Parcel #
- 360400055
- MLS Area
- Garden Cty; Lake Town; Round
- Listed By
- KW Success Keller Williams Realty (North Ogden)
Utilities
- Electricity Available
- Sewer Available
Additional features
Sewer
- Sewer: Available
Water source
- Culinary
Current use
- Residential
Schedule a Tour with a Buyer’s Agent
Location
Garden City, UT · approximate location
Schools
Elementary
North Rich
Rich
Middle/Jr
Rich
Rich
High
Rich
Rich
Neighborhood
Located in SWEETWATER RESORT, Garden City.
Walk · Transit · Bike
Most errands require a car. Minimal public transit available. It's convenient to bike for trips.
Price History
Date
Price
Change
Change %
10/22/2026
$8,300,000
$3,074/sqft
-$1,100,000
-11.7%
8/1/2025
$9,400,000
$3,481/sqft
Listed
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Listed by: Blaine D Larsen · KW Success Keller Williams Realty (North Ogden). 385-429-0085.
Source: UtahRealEstate.com.
Information deemed reliable but not guaranteed. All measurements and calculations of area should be independently verified.
Based on information from UtahRealEstate.com as of Nov 3, 2026. 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. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Publisher's notice: All real estate advertised herein is subject to the Federal Fair Housing Act and Utah Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, family status, or national origin.
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Garden City market context
How this property sits against recent sales in the area.
This listing: $8,300,000 — 1,545.4% above the median sale price.
Garden City market — Residential
What homes are doing.
Latest data through October 2026.
Median sale price
$504,425
+39.0% year over year
Median days on market
70
-56 days year over year
Sale-to-list ratio
95.5%
+1.24pp year over year
Homes sold in October
12
+3 year over year
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