For sale MLS# 2002049 · 879 days on the market
$8,300,000
It starts with a call with an agent.
Garden City, UT 84028
About this home
Rare large-scale development opportunity in the heart of Bear Lake. This 29.3-acre parcel in Garden City is fully entitled and approved for 194 residential units with nightly rental zoning already in place, offering a true shovel-ready opportunity for developers looking to move quickly in a high-demand destination market. Ideally positioned with direct access to the adjoining golf course and surrounded by lake, mountain, and valley views, the property supports a wide range of development possibilities including resort-style living, short-term rentals, or a thoughtfully planned residential community. Infrastructure has already been initiated with road construction completed for 29 pads, utilities available, and water shares included. Priced at less than $43,000 per door, this offering represents one of the most compelling cost-per-unit opportunities currently available in the Bear Lake area. With entitlements secured and strong year-round tourism demand, this is a rare chance to develop at scale in a rapidly growing recreation market. Contact agent for full development package, approvals, and due diligence materials.
Written by the listing agent.
The market in Garden City today
$8,300,000 is 5255% above the median asking price in Garden City.
30% of the listings for sale have lowered their price at least once.
From the listings for sale, as of October 26, 2026. Asking prices only: Utah does not make sold prices public.
Living in Garden City
Garden City is a town in northwestern Rich County on the shores of Bear Lake, a natural freshwater lake nicknamed the "Caribbean of the Rockies" for its turquoise-blue color. First settled in 1877, the town merged with neighboring Pickelville in 1979.
- 602 residents (2020)
- 1 named trail
- 2 named parks
Monthly payment
- Principal & interest
- $45,994
- Property tax
- $426
- Home insurance
- $110
10% down ($830,000), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.
Details
- Lot
- 29.3 acres
- Subdivision
- SWEETWATER RESORT
- Sewer
- Sewer: Available
- County
- Rich
- Zoning
- Multi-Family, Short Term
- Terms
- Cash, Conventional, Seller Finance
- Curb & Gutter
- Sidewalks
- View: Lake
- View: Mountain
- View: Valley
- Near Golf Course
- Terrain: Flat
- Valley
- Golf Course
- Electricity Available
See all 11 features
Lot features
- Curb & Gutter
- Sidewalks
- View: Lake
- View: Mountain
- View: Valley
- Near Golf Course
- Terrain: Flat
View
- Valley
- Golf Course
Utilities
- Electricity Available
- Sewer Available
Schools
Assigned schools as reported to the MLS by the listing agent. Boundaries change; confirm enrollment with the district. · Rich
Similar homes nearby
Listing courtesy of KW Success Keller Williams Realty (North Ogden) / Blaine D Larsen. Based on information from UtahRealEstate.com as of 3/26/2026 12:24 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy.