Lake Home For Sale near Great Salt Lake
*Big Price Drop* 24th Street Investor/Builder/Developer Opportunity Rental Home + 1.03 Acres Motivated seller, priced for quick sale. Property Details: 1.03-acre lot with single-family home (vacant, proven rental history). Rezone approved by planning commission for 16 mixed-use townhomes (~1,700 sq. ft. residential + 500 sq. ftmercial, each with 2-car garages). Potential for Phase 2 expansion with additional acreage via vacated city roadparable sold new built townhomes are between $475K-$525K. Land value if fully entitled would be $1,100,000. Selling at rezone with plenty of meat on the bone for a quick exit and lots of upside for the new owner. Opportunity: Prime location near new upcoming I-15 interchange, Weber State University, and downtown Ogden. Ogden City redevelopment driving demand for housing and mixed-use projects. Immediate options to lease home for income or use during entitlement/build-out. Not your typical rezone. Planning commission approvals secured include: rezone, development agreement, and code amendment. Ideal for 1031 exchange buyer with immediate utility and strong future upside. Amazing opportunity for an investor, developer, or builder. Buy now, cashflow, build next, cash out later with multiple exit strategies. Full project data room available upon request. All parcel's included in the sale are: 140200004,, 140200001, 14020003 Square footage figures are provided as a courtesy estimate only and were obtained from County Assessor. Buyer is advised to obtain an independent measurement.Property Details
- Beds: 3
- Baths: 2.0
- Sq Feet: 1452
- Year Built: 1937
- Location: Great Salt Lake
- Acres: 1.030
- Community: BROOKLYN ADDITION / 24TH STREET SUBDIVISION
- Heat/AC: Natural Gas, Central, Forced Air
- Garage: RV, Covered
- Siding: Aluminum
- Roof: Asphalt
- Stories: 2
- Property Taxes: $3,000
- MLS #: 2110599
Location
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Contact Information:
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Listing Agent: Luke Kennard, Equity Real Estate-Premier Elite Branch, 801-326-0362, 801-651-3071 Listing Site, Listing Status: Active
Copyright © 2025 UtahRealEstate.com. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Ad Statistics:
| Ad Number : | 6811528 |
| Viewed: | 38 times |
| Added: | Oct 17, 2025 |
| Updated on: | Nov 21, 2025 |
| All information provided is deemed reliable but is not guaranteed and should be independently verified. | |
