101 W REMOS LN new Save Request In-Person Tour Request Virtual Tour
Manti,UT 84642
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Manti Valley Ranch
MLS Listing ID 2100364
HOA Fees $10/ann
HOA Y/N Yes
Annual Tax Amount $1,471
Lot Size 362.770 Acres
Acres 362.77
Lot Dimensions 0.0x0.0x0.0
Property Sub-Type Residential
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.
Location
State UT
County Sanpete
Area Ephraim; Manti
Zoning Single-Family, Agricultural
Interior
Fireplace No
Exterior
Exterior Feature Barn,Out Buildings,Bunkhouse,Corral(s)
Utilities Available Natural Gas Not Available,Sewer: Septic Tank,Power: Stubbed
View Y/N Yes
View Valley
Present Use Residential,Agricultural
Topography Terrain: Flat
Private Pool No
Building
Lot Description Fenced: Full,View: Mountain,View: Valley,Terrain: Flat,Excl. Mineral Rights,Excl. Oil/Gas Rights,Horse Property
Sewer Septic Tank
New Construction No
Schools
Elementary Schools Manti
Middle Schools Ephraim
High Schools Manti
School District South Sanpete
Others
Senior Community No
Tax ID 5778; 5796; + 3 more
Monthly Total Fees $120
Acceptable Financing Cash,Conventional,Seller Finance
Listing Terms Cash,Conventional,Seller Finance
Virtual Tour https://iframe.videodelivery.net/7410ec5b811574a217fcd5babda3bc1d