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Lake Point, Utah

Homes Under $300,000 in Lake Point, Utah

Lake Point sits at the northwest edge of Tooele County, right along SR-36 where the Oquirrh Mountains meet the south shore of the Great Salt Lake. It's always been a quieter, more affordable alternative to Salt Lake or South Jordan for people who don't mind a 25-30 minute commute over the Point of the Mountain corridor or through Bacchus Highway to the west-side job centers, Kennecott, or the airport. Under $300K in this market almost always means one of three things: an older single-wide or double-wide manufactured home on its own land, a small older stick-built home from the area's ranching-era roots, or a condo/townhome unit in one of the handful of attached-housing developments near the highway. Detached single-family homes with land at this price are getting rare as Tooele Valley absorbs overflow demand from the Salt Lake market, but they still show up.

Because Lake Point isn't incorporated as its own city with heavy zoning enforcement, lot sizes and setups vary a lot block to block — some properties come with horse rights, shop space, or extra acreage that wouldn't pencil out anywhere closer to SLC at this price point. Water access can be well or shared culinary systems depending on the parcel, which matters more here than in a typical subdivision, so buyers should always confirm the source before writing an offer. Inventory under $300K turns over fast when it hits the MLS since it's often the cheapest entry point into the Tooele Valley submarket. Browse the active listings below to see what's currently on the market.

August 2026 · Lake Point market

Live from the Utah MLS — what's actually happening in Lake Point right now.

Full Lake Point market report
Median sale
$586,062
2 closed in August 2026
Median DOM
43 days
listing → contract
Sale-to-list
99.8%
of final list price
Unsold inventory
30
active + pending

1 matching · page 1 of 1

Active listings

Common questions

About homes under $300k in Lake Point.

What kinds of homes are actually available in Lake Point under $300K?

Mostly manufactured and modular homes, older mobile homes in parks like the ones off Sheep Lane, and occasionally a small townhome or a stick-built home in need of renovation. Traditional single-family homes on full lots in Lake Point typically start in the high $400s and up, so sub-$300K inventory is limited and moves quickly when it appears.

Can I get a regular mortgage on a manufactured home here?

Sometimes, but it depends on whether the home is on a permanent foundation, whether the land is owned or leased, and the age of the unit. FHA, VA, and USDA all finance qualifying manufactured homes in Tooele County, but many lenders won't touch pre-1976 units or homes in leased-lot parks. Talk to a lender experienced with manufactured home loans before you shop.

How long is the commute from Lake Point to Salt Lake City?

About 25–35 minutes to downtown SLC and roughly 30 minutes to the airport via I-80, depending on time of day. Morning eastbound traffic through the Lake Point interchange and into the SLC valley is the main slowdown, and winter storms off the lake can add time.

Are there HOA fees or lot rent to budget for at this price point?

Often yes. Manufactured homes in parks usually carry monthly lot rent that can run $500–$800 and covers things like water, sewer, and trash. Some townhome communities in the area have HOA dues in the $100–$200 range. Always ask for the current fee and what it includes before making an offer.

Is Lake Point a good fit for first-time buyers?

It can be, especially for buyers who want a yard and quiet without paying Salt Lake County prices. The trade-offs are fewer services in town itself — most shopping and dining is a short drive to Stansbury Park, Tooele, or Magna — and a more limited selection of homes at the entry level.

What school district serves Lake Point?

Lake Point is in Tooele County School District. Elementary-age kids generally attend Stansbury Park or Rose Springs Elementary, with middle and high school students going to Clarke N. Johnsen Junior High and Stansbury High. Boundaries do shift, so verify the assigned schools for any specific address before you buy.