1960 N Highway 40, Heber City, 84032

  • 6 BD
  • 3 BA
  • 2,466 SF
  • $498,800
  • Single Family Home
  • 2,466 square feet
  • 0.50 acres
  • Approx. $202/sqft
  • MLS# 1647129

Owner/Agent has decided to sell this project. Unfortunately, Seller has not been able to focus enough attention to it since acquisition and hasn't made the expected progress on the remodel either... Deeded TWO HOMES on one lot! Both buildings are about two weeks and a total of $10,000 away from 4-way inspection with Wasatch County. Seller is selling land, buildings, plans, permits, materials, etc. Essentially, the entire project will be sold to a Buyer with the time and money to see it through and cash in on rents or resale. Homes are being Sold AS IS. Potential commercial opportunity as well. Great views of Timpanogos and surrounding mountain ranges. Just minutes to golf, water sports on two reservoirs, fishing on the Provo River and close to several ski resorts. Access off Hwy 40 and Coyote Lane. The current zoning is SFR, but this is one of the few lots in Wasatch County that is deeded for two homes on one lot. Previously, Ivory Homes was pursuing a re-zoning of the area to develop the 68 acres of land surrounding this parcel to 12 units per acre and they have also successfully received agreement to annex their development and this land into Heber City which will eventually extend utilities. Before the approval at one point last year there was even a land and water rights offer from Ivory Homes of $400,000 for this parcel as they would be tearing down the existing structures to build new. The gross projected long-term rents once completed are around $4,000 based on our comparable rentals in Heber currently under management. Short term rental rates would be much higher at least for 6 months of the year. These are old farm houses, but as you can see Seller has redone a lot. Seller would also still potentially be open to a partner who has the time and money to see this project through. We would either sell or refinance upon completion. The address is 1960 N highway 40 Heber City UT 84032. The recent as-is appraisal was $435k (attached). See attached and Seller's notes below- (1) description of improvements: Already completed: New roofs on both buildings New pex supply plumbing and new PVC drain plumbing in large building. New submersible well pump, new buried well water storage tank, new secondary pump and expansion tank in utility room. New HVAC system in large building including new water heater, new furnace, new ducting in big building and wired for electric wall heaters in small building. New electrical service to both buildings, new electrical panels, and all new electrical wiring. New double pane windows in both houses. New supports and sections of new foundation on small building. New framing in basement of large building and framing repaired, added, and replaced as needed per layout and code in both buildings. New subfloor as needed in both buildings. New paint on large building and new hardie board siding prepped and material on-site for small building. New septic tank perc test completed and design and permit approved by the county and paid for. To be completed: New drywall in both buildings (material already on-site). New interior paint in both buildings. New flooring throughout in both buildings. New electrical and plumbing fixtures in both buildings. New bathrooms and kitchens in both buildings. Foundation pour on small building. Septic install. Total renovation cost thus far: $145,829.40 See attached for current plans. Final configuration after full remodel will be as follows: small building 630 sq ft with 2 beds, 1 full bath, family room and kitchen large building 2,421 sq ft with 4 bedrooms, 1 office, 2 mud rooms, 1 rec room, 1 family room, 2 full baths

Essential Information

  • MLS® #: 1647129
  • Price: $498,800
  • Bedrooms: 6
  • Bathrooms: 3.00
  • Full Baths: 3
  • Square Footage: 2,466
  • Acres: 0.50
  • Year Built: 1948
  • Type: Single Family
  • Sub-Type: Single Family
  • Style: Rambler/Ranch
  • Status: Active

Amenities

  • Amenities: Electric Dryer Hookup
  • Utilities: See Remarks, Gas: Connected, Power: Connected, Sewer: Available, Sewer: Private, Sewer: Septic Tank, Water: Connected
  • Features: See Remarks, Fireplace Equipment, Fireplace Insert, Range, Refrigerator, Storage Sheds
  • Parking Spaces: 4
  • # of Garages: 2
  • Garages: See Remarks, Detached, Extra Width, Parking: Covered, Parking: Uncovered, Rv Parking, Storage Above, Extra Length, Workshop, Workbench

Exterior

  • Exterior Features: Barn, Basement Entrance, Double Pane Windows, Horse Property, Out Buildings, Porch: Open
  • Lot Description: See Remarks, Corner Lot, Terrain: Flat, View: Mountain
  • Windows: None
  • Roof: See Remarks, Metal

Additional Information

  • Date Listed: December 24th, 2019
  • Days on Market: 63
  • Zoning: See Remarks

Community Information

  • Address: 1960 N Highway 40
  • Area: Charleston; Heber
  • City: Heber City
  • County: Wasatch
  • State: UT
  • Zip Code: 84032

Interior

  • Interior Features: See Remarks, Basement Apartment, Gas Log, Kitchen: Second, Mother-in-Law Apt.
  • Heating: Electric: Baseboard, Forced Air, Gas: Central
  • Cooling: Natural Ventilation
  • Has Basement: Yes
  • Basement: Full, Walkout, See Remarks
  • Fireplace: Yes
  • # of Fireplaces: 1

School Information

  • District: Wasatch
  • Elementary: J R Smith
  • Middle: Wasatch
  • High: Wasatch

Location Information

Contact Agent

Please provide a valid email address.

Comparable Properties

Beautiful 2 Story Craftsman Style Home In Great...

New to Market Photo of Listing #1656509 Photo of Listing #1656509 Photo of Listing #1656509 Photo of Listing #1656509 Photo of Listing #1656509 Photo of Listing #1656509 Photo of Listing #1656509 Photo of Listing #1656509 Photo of Listing #1656509 Photo of Listing #1656509 Photo of Listing #1656509 Photo of Listing #1656509 Photo of Listing #1656509 Photo of Listing #1656509 Photo of Listing #1656509 Photo of Listing #1656509 Photo of Listing #1656509 Photo of Listing #1656509 Photo of Listing #1656509 Photo of Listing #1656509 Photo of Listing #1656509 Photo of Listing #1656509 Photo of Listing #1656509 Photo of Listing #1656509 Photo of Listing #1656509 Photo of Listing #1656509 Photo of Listing #1656509 Photo of Listing #1656509 Photo of Listing #1656509 Photo of Listing #1656509 Photo of Listing #1656509 Photo of Listing #1656509 Photo of Listing #1656509

$605,000

Wheeler Park

Single Family

2375 S 330 E, Heber City, UT

4 BD, 3 BA, 4,129 SF

Beautiful 2 Story Craftsman Style Home In Great Neighborhood. Tons Of Windows Allowing Natural Light, Vaulted Ceiling, Barn Door, Quartz Countertops, Shiplap, And Subway Tile Backsplash, Engineered Hardwood Flooring Are Just A Few Of The Many Upgrades Throu...

: Year Round Access To A Log Cabin On 3 Lots W...

New to Market Photo of Listing #1655501 Photo of Listing #1655501 Photo of Listing #1655501 Photo of Listing #1655501 Photo of Listing #1655501 Photo of Listing #1655501 Photo of Listing #1655501 Photo of Listing #1655501 Photo of Listing #1655501 Photo of Listing #1655501 Photo of Listing #1655501 Photo of Listing #1655501 Photo of Listing #1655501 Photo of Listing #1655501 Photo of Listing #1655501 Photo of Listing #1655501 Photo of Listing #1655501 Photo of Listing #1655501 Photo of Listing #1655501

$530,000

Timber Lakes

Single Family

4522 S Buck Way, Heber City, UT

1 BD, 1 BA, 1,261 SF

: Year Round Access To A Log Cabin On 3 Lots With Detached Garage Public Remarks: This 1 Bedroom With Loft Log Cabin Is Great As A Snowmobile Haven, A Summer Getaway Or Full Time Residence. Tucked Away Up In Timberlakes, This True Log Construction, Well M...

This Home Located In Heber Has So Much To Offer...

Photo of Listing #1654156 Photo of Listing #1654156 Photo of Listing #1654156 Photo of Listing #1654156 Photo of Listing #1654156 Photo of Listing #1654156 Photo of Listing #1654156 Photo of Listing #1654156 Photo of Listing #1654156 Photo of Listing #1654156 Photo of Listing #1654156 Photo of Listing #1654156 Photo of Listing #1654156 Photo of Listing #1654156 Photo of Listing #1654156 Photo of Listing #1654156 Photo of Listing #1654156 Photo of Listing #1654156

$557,000

Hat Creek Estates

Single Family

625 S 680 E, Heber City, UT

6 BD, 5 BA, 3,682 SF

This Home Located In Heber Has So Much To Offer! There Is Room To Spare For Any Family, And It Is Located In A Warm And Welcoming Neighborhood. The Kitchen Features All New Appliances. Expansive Closets In All 6 Bedrooms, Beautiful Flooring Throughout The E...

Listing courtesy of Redzone Real Estate

Terms Of Use

Information deemed reliable but not guaranteed accurate. Buyer to verify all information.

The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2020 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.


Listing information last updated on February 25th, 2020 at 7:58am MST.