PROPERTY DETAILS
The home for sale at 5934 S COUGAR LN Salt Lake City, UT 84118 has been listed at $3,969,000 and has been on the market for 74 days.
Potential to Earn Rental Income (previously renting for $11,500 per month) while Developing this large parcel, especially with the Salt Lake City, Utah Winter Olympics 2034 coming, this is a Prime Development Opportunity Potential- Hotel, Short Term, Mixed Use? On a Spacious 1.44-acre lot close to the *Utah Olympic Oval Venue, *South Valley Regional Airport, *Kearns High School, and *Kearns Park & Recreation Center, with easy access to major freeways and highways. *With flexible zoning options and city interest in rezoning, and several plans already drawn up, this property is ideal for a MIXED-USE PROJECT, potentially incorporating Commercial Retail Spaces with Residential Units above, or a full Multi-Family Residential Development. *Drawings and talk with the city of podium style building with 6 commercial units below and 28 apartments above. (See Attachments). *The city is open to all kinds of Zoning and Businesses, and the Kearns City Council has expressed enthusiasm for various project concepts, including owner-occupied Multi-family housing. *This flat, expansive lot currently includes two existing buildings at 5934 S & 5930 S, each approximately 4,215 square feet, totaling around 8,430 square feet. *Also includes two large storage buildings with basements. *Previously used as youth housing and residential treatment facilities, the propertys strategic location and zoning flexibility make it perfect for new development, the Olympics, or continued use as housing, including options for temporary housing for athletes training nearby. *Dont miss this rare chance to bring a high-impact project to an area eager for growth. *Further details on city discussions and potential approved plans are available upon request.Owner agent
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General Information
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Price
$3,969,000
-
Days on Market
74
-
Area
Magna; Taylrsvl; WVC; SLC
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Total Bedrooms
10
-
Total Bathrooms
12
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House Size
8430 Sq Ft
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Address
5934 S COUGAR LN Salt Lake City, UT 84118
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HOA
NO
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Lot Size
1.44
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Price/sqft
470.82
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Year Built
1979
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MLS
2044866
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Status
Active
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City
-
Term Of Sale
Assumable,Cash,Conventional,Seller Finance
Inclusions
- Basketball Standard
- Ceiling Fan
- Dryer
- Microwave
- Range
- Refrigerator
- Storage Shed(s)
- Swing Set
- Washer
- Window Coverings
Interior Features
- Den/Office
- Disposal
- Great Room
- Kitchen: Second
- Mother-in-Law Apt.
- Range/Oven: Free Stdng.
- Vaulted Ceilings
- Dishwasher: Built-In
Exterior Features
- Out Buildings
- Lighting
- Porch: Open
- Patio: Open
Building and Construction
- Roof: Flat,Membrane
- Exterior: Out Buildings,Lighting,Porch: Open,Patio: Open
- Construction: Brick
- Foundation Basement: d d
Garage and Parking
- Garage Type: No
- Garage Spaces: 0
Land Description
- Corner Lot
- Curb & Gutter
- Road: Paved
- Sidewalks
- Sprinkler: Auto-Full
- View: Mountain
- Private
Price History
Nov 14, 2024
$3,969,000
Just Listed
$470.82/sqft
LOVE THIS HOME?
Schedule a showing or ask a question.
Kristopher
Larson
801-410-7917
Schools
- Highschool: Kearns
- Jr High: Thomas Jefferson
- Intermediate: Thomas Jefferson
- Elementary: Beehive
Some errands can be accomplished on foot. Some Transit available, with 4 nearby routes: 4 bus, 0 rail, 0 other. This area is Somewhat Bikeable - it's convenient to use a bike for a few trips.
Other Property Info
- Area: Magna; Taylrsvl; WVC; SLC
- Zoning: Single-Family, Multi-Family, Commercial
- State: UT
- County: Salt Lake
- This listing is courtesy of: Wendy BradshawPlatinum Place Realty. 801-231-1843.
Utilities
Natural Gas Connected
Sewer Connected
Sewer: Public
Water Connected
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 2044866.
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.
