For sale MLS# 2176199 · 84 days on the market
$1,499,999
It starts with a call with an agent.
1884 E Shepard Ln, Lake Point, UT 84074
About this home
Rare Lake Point duplex on 1.10 acres with mountain views, horse property rights, and no HOA. Major improvements include a new roof in 2019, a new furnace and well motor in 2022. Each unit features a one-car garage, central air, Kinetico-filtered drinking water, and a walkout unfinished basement with a separate exterior entrance, offering future expansion potential. Annual gross income is approximately $48k, with a reported 2025 NOI of $40k. Both units are leased through 2027. The sale includes culinary and irrigation water rights (1.53 WA combined). Conveniently located near I-80 and approximately 25 minutes from Salt Lake City. May be purchased with the nearby 0.18-acre buildable lot. Buyer to verify all information.
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
- Principal & interest
- $8,312
- Property tax
- $304
- Home insurance
- $110
10% down ($150,000), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.
Details
- Style
- Stories: 1
- Garage
- 2 cars
- Lot
- 1.1 acres
- Subdivision
- THOMASVILLE
- Parking
- Attached, Built-In, Opener
- Heating
- Forced Air, Gas: Central
See all 16 details
- Flooring
- Carpet, Tile
- Roof
- Asbestos Shingle
- Construction
- Aluminum, Brick, Frame
- Water
- Culinary, Rights: Owned
- Sewer
- Sewer: Connected
- Effective year built
- 2001
- County
- Tooele
- Faces
- North
- Zoning
- Multi-Family
- Terms
- Cash, Conventional, Exchange, Seller Finance
- Disposal
- Floor Drains
- Range/Oven: Free Stdng.
- Dishwasher: Built-In
- Bay Box Windows
- Double Pane Windows
- Walkout
- Sprinkler: Auto-Full
- Terrain: Mountain
- View: Mountain
See all 15 features
Interior
- Disposal
- Floor Drains
- Range/Oven: Free Stdng.
- Dishwasher: Built-In
Exterior
- Bay Box Windows
- Double Pane Windows
- Walkout
Lot features
- Sprinkler: Auto-Full
- Terrain: Mountain
- View: Mountain
View
- Mountain(s)
Utilities
- Natural Gas Connected
- Electricity Connected
- Sewer Connected
- Water Connected
Schools
Assigned schools as reported to the MLS by the listing agent. Boundaries change; confirm enrollment with the district. · Tooele
Listing courtesy of Real Broker, LLC / Ryan Konen. Based on information from UtahRealEstate.com as of 10/1/2026 9:13 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.