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Bret Fields

bret.fields@engelvoelkers.com +1(435) 513-2579

$ 3,119,500

Est. payment -/mo

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Pending

North Industrial Park RD Road Coalville, UT 84017

5,435,417 SqFt

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Acreage

Listing Status Pending

Purchase Type For Sale

Square Footage 5,435,417 sqft

Price per Sqft $0

Subdivision Coalville

MLS Listing ID 12303007

Originating Board Park City Board of REALTORS®

Annual Tax Amount $3,552

Tax Year 2023

Lot Size 124.780 Acres

Acres 124.78

Lot Dimensions 124.78

Property Sub-Type Acreage

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, CT-250, CT-301-C-1, 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.

Location

State UT

County Summit

Community Coalville

Area 54 - Wanship, Hoytsville, Coalville, Rockport

Exterior

Utilities Available See Remarks, Other

View Y/N Yes

View Meadow, Mountain(s), Valley, See Remarks

Building

Lot Description Gradual Slope, Horse Property, Level, Natural Vegetation, See Remarks

Water See Remarks, Other

Schools

School District North Summit

Others

Tax ID Ct-301-C-1

Acceptable Financing Cash, Conventional, See Remarks

Listing Terms Cash, Conventional, See Remarks

Listed by IRG - 2020 LLC

Bret Fields

Advisor | License ID: 7196319-SA00

+1(435) 513-2579

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