The property sits north of Payson on 239 acres and is within the annexation boundary of Payson City. The property is currently being leased by a local to farm alfalfa and grass hay and grazing for cows. Improvements include multiple agricultural buildings with power and culinary water from a well. Water rights associated with the property include 320.736 acre-feet with underground well and 14 springs. The water right can be used to irrigate 74.5 acres and a stock watering right of 812 ELU (Equivalent Livestock Unit). There are 4 artesian wells on the property in various locations that run year round. These water sources could provide beautiful landscapes and waterways within a future development. The property is zoned agricultural and the future land use plan will allow for low-density residential. The large size would make an excellent master planned development with multiple zones and uses, including high-density residential, commercial and industrial.
- Price:
- $17,925,000
- Acreage:
- 239.00
- Listing ID #:
- 1846495
- Street Address:
- 3800 W 8800 S
- City:
- Payson
- State:
- Utah
- Postal Code:
- 84651
- County:
- Utah
- Community:
- Payson- Elk Rg- Salem- Wdhil
- Listing Status:
- Pending
- Listing Type:
- Land
- Building Condition:
- Blt./Standing
- Existing Land Use:
- Residential, Agricultural
- Lot Square Footage:
- 10410840
- Zoning Description:
- Ag
- Days On Market:
- 169
- On Market Date:
- 2022-10-12
- Originating Mls:
- Utahrealestate.Com
- Property Taxes:
- $311
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By Patrick Juhlin (801-869-8005) with CBRE Inc..
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Listing Provided By Matthew Garlick (801-836-0494) with Berkshire Hathaway HomeServices Elite Real Estate. ACTIVE
