$ 3,119,500
North Industrial Park Rd Coalville, UT 84017
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$ 3,119,500
Est. payment | /mo
$ 3,119,500
Est. payment | /mo
Key Details
Property Type Vacant Land
Sub Type Acreage
Listing Status Pending
Purchase Type For Sale
Subdivision Coalville
MLS Listing ID 12303007
Annual Tax Amount $3,552
Tax Year 2023
Acres 124.78
Property Description
After a 20-year ownership by one Utah family, Chalk Creek Crossing is officially on the market. Summit County zone changes have reduced residential building envelopes in nearby areas from 40 to as little as 2.5 acres, creating the opportunity to develop spectacular residential projects close to the Park City Basin with its depleting residential opportunities. Summit County officials prefer this location for the residential and commercial projects that will eventually develop along Chalk Creek Road. New home owners will wake up to crisp mountain air, clear blue skies, and views of Coalville City, Chalk Creek, and the Weber River. The property is nestled between Coalville City to the south, Echo Reservoir to the west, and Echo Junction (I-80/I-84) to the north. Chalk Creek Crossing consists of approximately 125 acres, mostly agricultural with commercial potential. Both Coalville City and Summit County officials understand the potential of this property and are willing to discuss its future. Three reservoirs (Jordanelle, Rockport, and Echo), Park City, the Uinta Mountains, golfing, running, fishing, hunting, and several ski resorts are located nearby. Buyer can develop their own master plan for Chalk Creek Crossing incorporating a combination of single family lots, single family homes and condominiums, multi family housing, ranchettes, retail, office, and industrial buildings. Coalville City has been anticipating a large residential/commercial development at this location for several years. Industrial zoning is in place with an approved mix use overlay. A large residential/commercial project is being planned with Summit County south of Coalville in the Hoytsville area. Property consists of Summit County Tax ID #'s CT-301-C, CT-250, CT-301-C-1, CDRHTS-1 through 24. All information herein is deemed reliable but is not guaranteed. Buyer is responsible to verify all listing information, including square feet/acreage, to buyer's own satisfaction.
Location
State UT
County Summit
Area 54 - Wanship, Hoytsville, Coalville, Rockport
Exterior
Utilities Available Other, See Remarks
View Meadow, See Remarks, Valley, Mountain(s)
Street Surface Dirt,See Remarks,Paved
Accessibility Other, See Remarks
Building
Sewer Other, See Remarks
Water Other, See Remarks
Schools
School District North Summit
Others
Tax ID Ct-301-C-1
Acceptable Financing Cash, See Remarks, Conventional
Listing Terms Cash, See Remarks, Conventional
Listed by IRG - 2020 LLC
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