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Homes Under $300,000 in Laketown, Utah
Laketown sits at the south end of Bear Lake, a tiny Rich County town of roughly 250 residents where ranch land meets the turquoise water Utahns drive three hours from Salt Lake to reach. Under $300K in Laketown is a real conversation — not a fantasy price band like it would be in Park City or Heber. At this price point, buyers are typically looking at older single-family homes on generous lots, manufactured homes on deeded land, fixer-uppers near Main Street, or the occasional cabin a few blocks back from the lake. Inventory is thin because the town is small, so active listings under $300K usually number in the single digits at any given time.
The trade-offs are honest: Laketown is at 5,980 feet elevation with cold, snowy winters (Garden City just up the road averages 60+ inches of snow), a short growing season, and a 2.5-hour drive to Salt Lake City. What you get in return is Bear Lake five minutes away, zero traffic, dark skies, and a pace of life that hasn't changed much in fifty years. Most sub-$300K buyers here fall into three camps — locals working in Rich County, retirees wanting a quiet lake-adjacent base, and second-home owners who want raspberry-shake summers and snowmobile winters without paying Garden City lakefront prices. Browse the active listings below to see what's currently on the market in this range.
August 2025 · Laketown market
Live from the Utah MLS — what's actually happening in Laketown right now.
Median sale
$1,087,500
2 closed in August 2025
Median DOM
171 days
listing → contract
Sale-to-list
91.1%
of final list price
Unsold inventory
1
active + pending
4 matching · page 1 of 1
Active listings
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Common questions
About homes under $300k in Laketown.
How many homes under $300K are typically for sale in Laketown? ▾
Laketown is a town of about 250 people, so the entire MLS inventory often sits between 5 and 15 active listings total. Homes under $300K usually represent a small slice of that — frequently just one to four properties at a time. If nothing shows below, it means the market is currently above that threshold.
What kind of home can I realistically buy under $300K here? ▾
Expect older site-built homes from the 1950s–1980s, manufactured homes on owned land, small cabins set back from Bear Lake, or fixer-uppers needing cosmetic or structural work. Lot sizes tend to be generous compared to Wasatch Front pricing — a quarter to half acre is common, and some properties include outbuildings or room for horses.
Can I get a lakefront or lake-view home under $300K? ▾
True Bear Lake lakefront is essentially never under $300K — those properties run well into seven figures. However, homes a few blocks inland in Laketown proper sometimes have partial lake views from a second story or upper lot, and the lake itself is a 3–5 minute drive from anywhere in town.
Is Laketown a year-round community or mostly seasonal? ▾
It's year-round, but quiet in winter. The permanent population stays put through the snow, and there's a small K–8 school in nearby Randolph with high schoolers attending Rich High. Summer brings a wave of second-home owners and Bear Lake tourists, so the vibe shifts noticeably between June and September.
What should I budget for utilities and upkeep at this elevation? ▾
Heating costs are the big one — winters are long and cold at nearly 6,000 feet, and many older homes still run on propane rather than natural gas. Budget for snow removal, roof snow load considerations, and well/septic maintenance since municipal services are limited outside the town core.
How far is Laketown from Salt Lake City and the nearest airport? ▾
Plan on roughly 2.5 hours to Salt Lake City International Airport via Logan and Logan Canyon (US-89), or a similar drive through Evanston, Wyoming in winter when the canyon gets rough. Logan is the closest full-service town at about 50 minutes for groceries, hospitals, and Costco runs.