‹ Back to results $514,500 1811 Shepard Ln, Lake Point, UT · 0.4 ac · $1,286,250/ac See this home
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For sale MLS# 2173997 · 96 days on the market

$514,500

It starts with a call with an agent.

1811 Shepard Ln, Lake Point, UT 84074

0.4acres

About this home

This lot was approved for a duplex. Included with the sale are plans for an additional 2-bedroom, 2-bath dwelling unit with an attached 2-car garage, making this an exceptional investment opportunity for future rental income, multigenerational living, or expanded property value. Plans for lot were previously approved by Lake Point city, but will need to be obtained again due to time lapse. Lot includes existing beautifully updated 4-bedroom, 2-bath home offering modern finishes and incredible future potential! Recent updates include a remodeled kitchen, renovated bathrooms, new carpet, fresh interior paint, and updated lighting, creating a move-in-ready space you'll love. Situated on a spacious lot with mature trees, this property offers room to enjoy today while providing exciting opportunities for tomorrow. A 9' x 10' storage shed adds convenient extra storage. Seller is participating in a 1031 Exchange at no cost or liability to the buyer. Buyer agrees to cooperate with the exchange, including signing any necessary documents, provided such cooperation does not result in additional cost, expense, delay, or liability to the buyer. Whether you're looking for a beautifully updated home or a property with outstanding investment potential, this one is a must-see! Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement. Cross listed as residential under MLS 2173541 due to existing home on lot.

Written by the listing agent.

Location

Living in Lake Point

Lake Point is a city on the eastern edge of Tooele County, on the south shore of the Great Salt Lake, served by Interstate 80 and State Route 36. Originally settled in 1854 as E.T. City, the community was renamed Lake Point in 1923 and incorporated as a city in 2021.

  • 4 named trails
  • 2 named parks

Monthly payment

$3,131per month, estimated
Principal & interest
$2,851
Property tax
$170
Home insurance
$110

10% down ($51,450), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.

Details

Lot
0.4 acres
Subdivision
MINOR SUBDIVISION
Sewer
Sewer: Connected
County
Tooele
Zoning
Multi-Family
Terms
Cash, Conventional
  • Out Buildings
  • Corner Lot
  • Terrain: Flat
  • Natural Gas Connected
  • Electricity Connected
  • Sewer Connected

Schools

ElementaryOverlake
HighStansbury

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

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