This property has some of the best views in South Utah County. The views face East/Northeast where you can see Salem, Woodland Hills, Elk Ridge and parts of the Gladstan Golf Course. It is surrounded by many orchards that have been there for generations. The land is located on the East side of the "P" on the mountain in Payson. Most of the homes you could put on this property would have amazing views with the ability to have walkout basements because of the slope of the land. The land is located West of the canal and East of the top of Payson Mountain called Rocky Ridge. The current zoning is MH-2. After speaking with Payson City they said it stands for Mountain Hillside. They allow up to 1 dwelling per acre. This means you could have about 12+ homes on 1 acre lots with the streets and sidewalks included. You could always try and get the city to change their density to allow for more homes on less land. The property is landlocked and you will need to get access to the property via an easement of maybe 100-200 feet over the strawberry canal. Or you can look into the other canal bridge that someone already installed to the North of the property, but it would require more easements. The utilities are about 1,100' to the North of the property in the street. We met with an excavation company out at the property and they said to run utilities to the property and repair the street would be between $400k-$700k. They also said there is plenty of depth in the current sewer line to tap into the existing line. This property has so much potential and with the lot sizes and views it could be an amazing little gem of a neighborhood. Or you can buy it all for yourself to put 1 home on it and have all the land you can desire.
|--||New Value: $650,000|
|4/1/2021 5:11:59 PM||New Value: Active Under Contract|
|10/28/2020 9:32:00 AM||New Value: $650,000|