$12,500,000

About this home

Perhaps, the only remaining trophy undeveloped large acreage estate parcel in Park City/Midway nestled up elevation into the Wasatch Range, combining a spectacular mountain setting with irrigated fields below. Alternatives have long ago been subdivided out or deed restricted. 67.48 acres (plus additional 5-acre irrigated field) in Midway for a total of 72.48 acres. Wooded uplands and foothills high above and overlooking Midway, Heber Valley, and multiple large estate pasture lands at the foot of the parcel (the most recent selling for $375,000 /acre). Rich natural vegetation and fall foliage benefitting from an elevated and predominantly easterly (much more moist) exposure. 1.5 shares of Midway Irrigation Co. plus 5 more shares with the irrigated field for a total of 19.5-acre feet. Elevations run over 300 feet from 5585 ft. elevation to 5980 ft. Access directly from 500 South via 5 acre irrigated parcel. The ultimate viewsheds in Midway, with elevated views -from far above the valley floor -in all directions including Mt. Timpanogos, the High Uintas, Deer Creek reservoir, and some of the Wasatch's tallest peaks. Offering: extraordinary 360 degree elevated views, terrain for premier equestrian and other recreational activities, (if pursued) major tax deduction benefits, and private recreational access to thousands of acres of State Park foothill /mountain /mountain valley lands to which the public has little access. Nearby 1.17 miles to Midway's Main Street and 2.75 miles to Soldier Hollow Golf Course and Olympic Nordic Center. Travel time. Heber Valley Airport 12 minutes, Deer Valley Deer Crest Gondola 19 minutes, Jordanelle Reservoir 19 minutes, Park City Main Street 25 minutes, Provo 35 minutes, SLC Airport 53 minutes. Bordered on the east: Predominantly bordered and protected by the private 80-acre Estate of a prominent owner (Bear North overlooks from above) which includes prime irrigated fields and horse grounds in permanent preservation. On the west and north: Bordered and protected by l000's of acres of Wasatch State Park recreational mountain lands, predominantly inaccessible to the public but serving as the property's virtually private mountain recreation playground. On the south: Bordered and protected on the south by the Bear South property.

Written by the listing agent.

Monthly payment

10% down ($1,250,000), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.

Details

Lot

72.48 acres

Sewer

Septic Tank

County

Wasatch

Zoning

Single-Family

Terms

Cash, Conventional

• Fenced: Part
• Secluded
• Terrain: Grad Slope
• Terrain: Hilly
• Terrain: Mountain
• Terrain: Steep Slope
• View: Lake
• View: Mountain
• View: Valley
• Wooded

Schools

Assigned schools as reported to the MLS by the listing agent. Boundaries change; confirm enrollment with the district. · Wasatch