4728 W 12240 S

Payson, UT
$ 17,500,000 Beds 0 Baths 0
Monthly Estimate* How much can I afford?

148 acres over 17 parcels. One owner. Approx 2,380 feet of frontage on I-15. Approx 780 feet of frontage on Union Pacific rail. Immediate access to I-15 overpass, an on/off ramp less than 1.5 miles away. Located between the two rapidly expanding municipalities of Payson and Santequin, this property has been operating as an equestrian facility for more than 20 years. 57.68 shares of Strawberry Highline Canal Company. Agricultural water available from two springs and three wells. Residence is 3552 sq. ft. This property is 3 miles from Payson High School. 2.5 miles from Payson Jr. High. Also found within a 2 mile radius of the property are: Super Walmart, IHOP, other national/regional retailers (Wendy's, Costa Vida, Macey's Grocery); big box distribution (Rocky Mountain ATV, Temkin & Cal Ranch); residential and multi-family developments (168 unit rental development, 30+ town homes under construction. A 100 unit condo project is also planned) and a Utah Valley University 38 acre expansion campus site (purchase January 2020). Note this property is within Utah County's borders and unless a new city is formed, will need annexation into Payson or Santequin for development into those municipalities. Estimates seem to indicate that could take up to 5-10 years depending on the developer, city personnel and other variables. Other region notables: Provo Airport is 25 minute travel time. Silicon Slopes in Lehi Utah 35 minute travel time. Salt Lake International Airport 60 minute travel time. Utah Transit Authority (UTA) Trax/Frontrunner commuter rail line currently runs 81 miles between Provo and Ogden. UTA's long term plan acknowledges a potential expansion need for extending the commuter rail use south for Frontrunner between Provo and the Springville/Spanish Fork/Payson/Santequin areas on the rail line this property fronts. Information presented deemed reliable but not guaranteed, Buyer to verify.

Land

  • Price
  • $ 17,500,000
  • Lot Size
  • 148.11 Acres
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Half Bathrooms
  • 0
  • City, Zip
  • Payson
  • Taxes
  • $ 4000
  • County
  • UTAH
  • Style
  • Area
  • Payson
  • MLS#
  • 1767171
  • Zip
  • 84651
Listing Provided by: Integra Realty, LLC
Data Source: Wasatch Front Regional MLS (WFRMLS)

Features

General

Association Y/N No
Attached Garage No
Carport Y/N No
Current Use Residential, Agricultural
Elementary School District Nebo
Exterior Features See Remarks
Garage Y/N No
High School District Nebo
Home Warranty Y/N No
Lease Considered Y/N No
Lot Size Square Feet 6451671.6
MLS Area Payson; Elk Rg; Salem; Wdhil
Middle/Junior School District Nebo
New Construction No
Private Pool No
Property Attached Y/N No
Property SubType Residential
Property Type Land
Senior Community Y/N No
Standard Status Active
Tax Annual Amount 4000.0
Utilities See Remarks
Zoning See Remarks
Zoning Description RA-5

Interior Features

Air Conditioning Y/N No
Fireplace Y/N No
Heating Y/N No

Exterior Features

Frontage Length 2380.0
Horse Y/N Yes
Lot Dimensions 2380.0x0.0x0.0
Lot Features See Remarks
Lot Size Acres 148.11
Lot Size Area 148.11
Lot Size Units Acres
Open Parking Y/N No
Spa No
View Y/N Yes
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the South Jordan, UT office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 3.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Spring Lake Elementary School
Middle School Diamond Fork Middle School
High School Payson High School

Price History

9/7/2021 Listed $18,400,000
12/13/2021 3% - $17,900,000
12/16/2021 3% - $17,500,000

Property vs Zip Code Average in 84651

Price
AVG $3.07M
$17.5M
Taxes
AVG $2,041
$4,000
Visits
AVG 41
77

Map

Areas That We Cover

4728 W 12240 S Payson, UT is a Single Family Home for sale at $17500000 and a lot size of 148.11 Acres Acre(s). 4728 W 12240 S Payson has 0 bedrooms, 0 baths . The property's zip code is 84651 which is in Payson, UT

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.