Coalville, UT 84017

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List Price
$3,119,500
Status
UNDER CONTRACT
MLS#
2111687
Days on Market
380
Parcel Number
CT-301-C-1
Acres
120.40
Terms
Cash, Conventional
County
Summit
Region
Coalville; Wanship; Upton; Pine

Property Description

After a 20-year ownership by one Utah family, Chalk Creek Crossing is officially on the market. Summit County zone changes have reduced residential building envelopes in nearby areas from 40 to as little as 2.5 acres, creating the opportunity to develop spectacular residential projects close to the Park City Basin with its depleting residential opportunities. Summit County officials prefer this location for the residential and commercial projects that will eventually develop along Chalk Creek Road. New home owners will wake up to crisp mountain air, clear blue skies, and views of Coalville City, Chalk Creek, and the Weber River. The property is nestled between Coalville City to the south, Echo Reservoir to the west, and Echo Junction (I-80/I-84) to the north. Chalk Creek Crossing consists of approximately 125 acres, mostly agricultural with commercial potential. Both Coalville City and Summit County officials understand the potential of this property and are willing to discuss its future. Three reservoirs (Jordanelle, Rockport, and Echo), Park City, the Uinta Mountains, golfing, running, fishing, hunting, and several ski resorts are located nearby. Buyer can develop their own master plan for Chalk Creek Crossing incorporating a combination of single family lots, single family homes and condominiums, multi family housing, ranchettes, retail, office, and industrial buildings. Coalville City has been anticipating a large residential/commercial development at this location for several years. Industrial zoning is in place with an approved mix use overlay. A large residential/commercial project is being planned with Summit County south of Coalville in the Hoytsville area. Property consists of Summit County Tax ID #'s CT-301-C-1, CT-250, NS-329-B, CDRHTS-1 through 24. All information herein is deemed reliable but is not guaranteed. Buyer is responsible to verify all listing information, including square feet/acreage, to buyer's own satisfaction.

Additional Information

Taxes
$9,677
School District
North Summit
Elementary School
North Summit
Middle School
North Summit
High School
North Summit

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Listing courtesy of IRG - 2020 LLC.

Information deemed reliable but not guaranteed accurate. Buyer to verify all information. Terms of Use
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