‹ Back to results $2,500,000 5934 S Cougar Ln, Kearns, UT · 6 units · 10 bd total · 9,020 sqft See this home
60 photos

For sale MLS# 2170161 · 111 days on the market

$2,500,000

It starts with a call with an agent.

5934 S Cougar Ln, Kearns, UT 84118

6units
10beds
12baths
9,020sqft
1.44acres
1979built
$277per sqft

About this home

Unmatched 1.44-Acre Olympic-Adjacent Development OpportunityPosition your next project at the epicenter of Utah's upcoming global stage. Situated directly next door to the renowned Kearns Ice Oval and minutes from the South Valley Regional Airport, this expansive 1.44-acre compound offers a rare, high-yield opportunity perfectly timed for the 2034 Utah Winter Olympics.The Property:Two Substantial Structures: Totaling 9,020 sq. ft. of premium real estate (4,510 sq. ft. per building).Architectural Heritage: Designed by world-famous mid-century modern architect Ron Molen, preserving iconic living spaces and timeless aesthetic appeal.Bonus Infrastructure: Two extra-large storage buildings equipped with rare, full-sized basements.Endless Potential & Strategic Timing:Currently configured as 6 updated, income-producing multi-family units, the property offers immediate cash flow. However, the true value lies in its future. The Kearns Council has shown strong enthusiasm for mixed-use or commercial rezoning to align with the city's aggressive pre-Olympic revitalization goals. Whether you envision a developer's dream mixed-use project, specialized athlete housing, or reviving its history as a premier residential treatment facility, the possibilities here are Olympic-sized.Opportunities of this scale and location are vanishingly rare. Available to show by appointment only. Secure your stake in Utah's future before it slips away. Square footage figures are provided as a courtesy estimate only and were obtained from county . Buyer to verify all, is advised to obtain an independent measurement.

Written by the listing agent.

Location

Living in Kearns

Kearns is a city in Salt Lake County, named after Utah Senator Thomas Kearns and incorporated as a city in May 2024. The city is home to the Utah Olympic Oval, an indoor speed skating oval built for the 2002 Winter Olympics.

  • 36,723 residents (2020)
  • 10 named parks

Monthly payment

$13,964per month, estimated
Principal & interest
$13,854
Home insurance
$110

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

Details

Style
Stories: 1
Lot
1.44 acres
Parking
Parking: Uncovered
Heating
Forced Air, Gas: Central
Flooring
Carpet, Laminate, Linoleum
Roof
Asphalt, Flat, Pitched, Membrane
See all 13 details
Construction
Brick
Water
Culinary
Sewer
Sewer: Available, Sewer: Connected, Sewer: Public
County
Salt Lake
Faces
East
Zoning
Single-Family, Multi-Fami
Terms
Cash, Conventional, Exchange, FHA, VA Loan
  • Den/Office
  • Disposal
  • Great Room
  • Kitchen: Second
  • Mother-in-Law Apt.
  • Range/Oven: Free Stdng.
  • Vaulted Ceilings
  • Dishwasher: Built-In
  • Out Buildings
  • Lighting
See all 28 features

Interior

  • Den/Office
  • Disposal
  • Great Room
  • Kitchen: Second
  • Mother-in-Law Apt.
  • Range/Oven: Free Stdng.
  • Vaulted Ceilings
  • Dishwasher: Built-In

Exterior

  • Out Buildings
  • Lighting
  • Porch: Open
  • Patio: Open

Lot features

  • Corner Lot
  • Curb & Gutter
  • Road: Paved
  • Sidewalks
  • Sprinkler: Auto-Full
  • View: Mountain

View

  • Mountain(s)

Utilities

  • Natural Gas Available
  • Natural Gas Connected
  • Electricity Available
  • Electricity Connected
  • Sewer Available
  • Sewer Connected
  • Sewer: Public
  • Water Available
  • Water Connected

Schools

ElementaryBeehive
MiddleThomas Jefferson
HighKearns

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

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