101 REMOS LN Active Save Request In-Person Tour Request Virtual Tour
Manti,UT 84642
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2100369
Annual Tax Amount $1,471
Lot Size 362.770 Acres
Property Description
Turnkey Development Opportunity (63-Lot Concept) and/or existing Ranch with Seller Financing. Seize this rare chance to own and develop 362 acres in the heart of Sanpete County. Less than 15 minutes from Ephraim and Manti's schools, shopping, restaurants, trail systems, and the upcoming Ephraim Crossing commercial hub, this fully operational ranch comes with a development concept already in place for 63 residential lots ranging from 1.25 to 5.8 acres. With essential utilities, road access, and early lot sales already in place, this is a plug-and-play opportunity with strong upside potential. Whether you're seeking legacy land ownership, income-producing acreage, or a phased development with seller-backed financing-this property delivers. Highlights Include: Ranch Income or Development Flexibility Maintain as a working ranch or develop for long-term equity and cash flow. 4 Improved Lots with Utilities 2 already sold at $250K each Existing Infrastructure 60x60 shop with ~1,200 sq ft living quarters, 50x100 hay barn, corrals, multiple wells. Plenty of Water! 241 acre-feet of underground water rights and 251 shares of surface and pressurized irrigation. Seller Financing Available Ideal terms: 25% down, 5% interest, ~$250K/year payments. Offered at $4,000,000 (Estimated current value: $4.75M. Projected developed value: $14.4M+). Don't miss this opportunity to build where growth is inevitable. Contact Agent for proforma, Lot concept maps, and terms. Don't forget to watch the video! Buyer to verify all information. (See Land Listing MLS# 2100364)
Location
State UT
County Sanpete
Area Ephraim; Manti
Zoning Single-Family, Agricultural
Exterior
Exterior Feature Barn,Out Buildings,Corral(s)
Utilities Available Natural Gas Not Available,Sewer: Septic Tank,Power: Stubbed
View Y/N Yes
View Mountain(s),Valley
Building
Lot Description Fenced: Full,View: Mountain,View: Valley,Terrain: Flat
Sewer Septic Tank
New Construction No
Others
Acceptable Financing Cash,Conventional,Seller Finance
Listing Terms Cash,Conventional,Seller Finance