Views - Seller Financing
Address
1884 E Shepard Ln, Lake Point, UT
Price
$ 1,499,999
Property Attributes
- MLS#2176199
- TypeMulti-Family
- Listing Status Active
- CountyTOOELE
- CityLake Point
- AreaGrantsville
- NeighborhoodTHOMASVILLE
- Zip84074
- StyleStories: 1
- Year Built2001
- Taxes$ 3653
- Price$ 1,499,999
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage3000
- Lot Size1.1 Acres
Data Source:
Wasatch Front Regional MLS (WFRMLS)
Property Description
Rare Lake Point duplex on 1.10 acres with mountain views, horse property rights, and no HOA. Major improvements include a new roof in 2019, a new furnace and well motor in 2022. Each unit features a one-car garage, central air, Kinetico-filtered drinking water, and a walkout unfinished basement with a separate exterior entrance, offering future expansion potential. Annual gross income is approximately $48k, with a reported 2025 NOI of $40k. Both units are leased through 2027. The sale includes culinary and irrigation water rights (1.53 WA combined). Conveniently located near I-80 and approximately 25 minutes from Salt Lake City. May be purchased with the nearby 0.18-acre buildable lot. Buyer to verify all information.
| Elementary School | Middle School | High School |
|---|---|---|
| Old Mill Elementary School | Tooele Middle School | Stansbury High School |
| Price History | |
|---|---|
| 8/3/2026 | Listed $1,499,999 |
General Features
| Living Area | 3000.0 |
|---|---|
| Sewer | Sewer: Connected |
| Heating | Forced Air,Gas: Central |
| Utilities | Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected |
| Roof | Asbestos Shingle |
| Zoning | Multi-Family |
| Garage Spaces | 2.0 |
| Architectural Style | Stories: 1 |
| Construction Materials | Aluminum,Brick,Frame |
| Year Built | 2001 |
| View | Mountain(s) |
| Topography | Sprinkler: Auto-Full,Terrain: Mountain,View: Mountain |
| Property Subtype | Duplex |
| Current Use | Residential |
| County | Tooele |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Attached Garage | Yes |
| Subdivision Name | THOMASVILLE |
| Facing Direction | North |
| Garage Y/N | Yes |
| Status | Active |
| High School | Stansbury |
| City | Lake Point |
| Senior Community Y/N | No |
| High School District | Tooele |
| Number Of Units Total | 2 |
| MLS Area | Grantsville; Tooele; Erda; StanP |
| Lot Size Units | Acres |
| Lot Size Square Feet | 47916.0 |
| Carport Y/N | No |
| Listing Terms | Cash,Conventional,Exchange,Seller Finance |
| Elementary School | Old Mill |
| Property Attached Y/N | No |
| Tax Annual Amount | 3653.0 |
| Home Warranty Y/N | No |
| Middle/Junior High School | Tooele |
| Property Condition | Blt./Standing |
| Lease Considered Y/N | No |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Middle/Junior School District | Tooele |
| Elementary School District | Tooele |
| PostalCity | Lake Point |
| ADU | No |
Interior Features
| Interior Amenities | Disposal,Floor Drains,Range/Oven: Free Stdng.,Dishwasher: Built-In |
|---|---|
| Flooring | Carpet,Tile |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Window Features | Blinds |
| Fireplace Y/N | No |
| Laundry Features | Electric Dryer Hookup |
| Total Bedrooms | 4 |
| Total Baths | 2 |
Exterior Features
| Exterior Amenities | Bay Box Windows,Double Pane Windows,Walkout |
|---|---|
| Vegetation | Landscaping: Part |
| Parking Features | Attached,Built-In,Opener |
| Lot Features | Sprinkler: Auto-Full,Terrain: Mountain,View: Mountain |
| Water Source | Culinary,Rights: Owned |
| Total Parking | 2.0 |
| Inclusions | Microwave,Range,Refrigerator |
| Lot Size Area | 1.1 |
| Spa | No |
| Building Area Total | 3000.0 |
| Lot Dimensions | 0.0x0.0x0.0 |
| Lot Size Acres | 1.1 |
| Frontage Length | 0.0 |
| Private Pool | No |
| Waterfront Y/N | No |
| Covered Spaces | 2.0 |
| RV Parking Dimensions | 18.00 |
| Horse Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 84074
Price
Taxes
Year Built
Visits
Wasatch Front Regional MLS - Salt Lake Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties
