UT > Lake Point > Thomasville
Lake Point, UT 84074,1884 E SHEPARD LN
Lake Point, UT 84074,1884 E SHEPARD LN
Lake Point, UT 84074,1884 E SHEPARD LN
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$1,500,000
Est. payment /mo
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4 Beds
2 Baths
2,880 SqFt
Active

1884 E SHEPARD LN Lake Point, UT 84074

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Troy Moultrie

Troy Moultrie

+1(435) 327-5545

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,880 sqft

Price per Sqft $520

Subdivision Thomasville

MLS Listing ID 2096777

Style Stories: 1

Bedrooms 4

Construction Status Blt./Standing

HOA Y/N No

Year Built 2001

Annual Tax Amount $4,053

Lot Size 1.100 Acres

Acres 1.1

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type Duplex

Property Description

Rare Lake Point Duplex with Acreage, Mountain Views & Horse Property Rights. Discover a rare investment or house-hack opportunity in beautiful Lake Point! This charming 1.10-acre duplex offers the freedom of no HOA, horse property rights, and incredible potential-live in one unit and rent out the other, or keep both as part of your growing portfolio. Built in 2001 and lovingly maintained by the original owners, each unit includes a one-car garage, central air and heat, and Kinetico filtered water at the kitchen sink, plus a shared water softener. Both units feature walkout unfinished basements with exterior entries-a rare setup that provides the opportunity to finish and add even more rental income down the road. Enjoy peaceful, rural living with open mountain views and plenty of space for animals, trailers, or future development. The City of Lake Point may allow an ADU on the excess land in the future (buyer to verify). You'll love being just 25 minutes from Salt Lake City, with easy I-80 access, Lake Point Park nearby, and a bus stop less than half a block away. This property is one of only five grandfathered duplexes in Lake Point-a true limited inventory gem. Annual gross income is approximately $44,590, with a 2024 NOI of $38,600 and both leases secured through 2026. The sale includes two separate water rights for culinary and irrigation use. This duplex may be sold alone or alongside the nearby 0.18-acre buildable lot (MLS# 2096867), making it ideal for investors or those pursuing a 1031 exchange. Don't miss this chance to own one of Lake Point's rare multi-unit properties!

Location

State UT

County Tooele

Area Grantsville; Tooele; Erda; Stanp

Zoning Multi-Family

Interior

Interior Features Disposal, Floor Drains, Range/Oven: Free Stdng., Dishwasher: Built-In

Heating Forced Air, Gas: Central

Flooring Carpet, Tile

Fireplace No

Window Features Blinds

Laundry Electric Dryer Hookup

Exterior

Exterior Feature Bay Box Windows, Double Pane Windows, Walkout

Garage Spaces 2.0

Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected

View Y/N Yes

View Mountain(s)

Roof Type Asbestos Shingle

Present Use Residential

Topography Sprinkler: Auto-Full, Terrain: Mountain, View: Mountain

Total Parking Spaces 2

Private Pool No

Building

Lot Description Sprinkler: Auto-Full, Terrain: Mountain, View: Mountain

Faces North

Sewer Sewer: Connected

Water Culinary, Rights: Owned

Structure Type Aluminum,Brick,Frame

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Old Mill

Middle Schools Tooele

High Schools Stansbury

School District Tooele

Others

Senior Community No

Tax ID 10-027-C-0018

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

Virtual Tour https://listings.promedia-co.com/1884-Shepard-Ln-Tooele-UT-84074-USA?mls=

Listed by Real Broker, LLC
Troy Moultrie
Troy Moultrie

ASSOCIATE BROKER | UTAH LUXURY REALTOR | License ID: 11195148-AB00

+1(435) 327-5545 | troy@utahluxteam.com

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1884 E SHEPARD LN

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