PROPERTY DETAILS
About This Property
This home for sale at Richfield, UT 84701 has been listed at $539,900 and has been on the market for 178 days.
Full Description
**Prime Opportunity Zone Development : Shovel-Ready Land for 28 Apartment Units in Richfield, UT. This property is in a designated Opportunity Zone, offering significant tax incentives to investors, including potential deferral or elimination of capital gains taxes. With projected gross monthly rents of $32,400 this development is poised to yield over $1.5 million in profit upon stabilization, making it an incredibly attractive opportunity for developers and investors alike. **Included in the Sale:** - Civil Plans - Architectural Designs - Geotechnical Report - Topographical Survey - Easements & Utility Plans - Complete Development Packet with all necessary documentation to proceed with construction Reach out for link to full development packet. OM & drawings attached in listing.
Property Highlights
- Spacious home with 36 bedrooms. Perfect for a growing family.
- Generous living space with 22,548 square feet. Plenty of room for everyone.
- Large lot size of 1.13 acres. Great for outdoor activities.
Let me assist you on purchasing a house and get a FREE home Inspection!
General Information
-
Price
$539,900 89.0k
-
Days on Market
178
-
Area
Central Sevier
-
Total Bedrooms
36
-
Total Bathrooms
34
-
House Size
22548 Sq Ft
-
Address
Richfield, UT 84701
-
Listed By
NRE
-
HOA
NO
-
Lot Size
1.13
-
Price/sqft
23.94
-
Year Built
2025
-
MLS
2053171
-
Status
Active
-
City
-
Term Of Sale
Assumable,Cash,Conventional,Exchange,Owner 2nd,Seller Finance,Seller Will Subordinate
Building and Construction
- Roof:
- Exterior:
- Construction:
- Foundation Basement: d d
Garage and Parking
- Garage Type: No
- Garage Spaces: 0
Price History
Feb 26, 2025
$539,900
Price decreased:
-$89,000
$23.94/sqft
Dec 06, 2024
$628,900
Price decreased:
-$100
$27.89/sqft
Dec 04, 2024
$629,000
Just Listed
$27.90/sqft
LOVE THIS HOME?
Schedule a showing with a buyers agent
Kristopher
Larson
801-410-7917
Other Property Info
- Area: Central Sevier
- Zoning: Multi-Family
- State: UT
- County: Sevier
- This listing is courtesy of:: Austin Seegmiller NRE.
This data is updated on an hourly basis. Some properties which appear for sale on
this
website
may subsequently have sold and may no longer be available. If you need more information on this property
please email kris@bestutahrealestate.com with the MLS number 2053171.
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.
MORE Communities
SIMILAR HOMES
