Description
Incredible 87 acre property with DEVELOPMENT POTENTIAL. *Subdivision process is nearing completion and is anticipated to be fully approved by the end of the year!* Located near mile marker 137 just 5 miles north of Panguitch, this property is a developers dream: Preliminary approval for a 7-lot subdivision!! The plan calls for SIX 7.5-acre residences and one 43-acre agricultural lot! The agricultural lot has a newly installed irrigation pond, 2 BRAND NEW water wheel lines (included), and pressurized irrigation system ready for raising crops. The agricultural lot features the Sevier river running right through it, a rare and beautiful opportunity for recreation and enjoyment! The VIEWS and backdrop are simply stunning! One could build homes to be used for AirBnB or vacation rentals as it's within a short ~30 minute drive of Bryce Canyon! Many other recreational sites such as Zion National Park, Goblin Valley, Cedar Breaks, etc are all within 2 hours. Property is fully-fenced and has easy year-round access. 83 shares of irrigation water included, as well as 2 culinary shares (for 6 future residences). Power and natural gas are both at the property line. Perc tests completed. Water rights requirements have been approved and fees paid for. *Seller will consider seller financing!*
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0BEDS
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87.03ACRES
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0BATHS
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01/2 BATHS
School Information
Description
Incredible 87 acre property with DEVELOPMENT POTENTIAL. *Subdivision process is nearing completion and is anticipated to be fully approved by the end of the year!* Located near mile marker 137 just 5 miles north of Panguitch, this property is a developers dream: Preliminary approval for a 7-lot subdivision!! The plan calls for SIX 7.5-acre residences and one 43-acre agricultural lot! The agricultural lot has a newly installed irrigation pond, 2 BRAND NEW water wheel lines (included), and pressurized irrigation system ready for raising crops. The agricultural lot features the Sevier river running right through it, a rare and beautiful opportunity for recreation and enjoyment! The VIEWS and backdrop are simply stunning! One could build homes to be used for AirBnB or vacation rentals as it's within a short ~30 minute drive of Bryce Canyon! Many other recreational sites such as Zion National Park, Goblin Valley, Cedar Breaks, etc are all within 2 hours. Property is fully-fenced and has easy year-round access. 83 shares of irrigation water included, as well as 2 culinary shares (for 6 future residences). Power and natural gas are both at the property line. Perc tests completed. Water rights requirements have been approved and fees paid for. *Seller will consider seller financing!*
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-12-10T23:43:38.223. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.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. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.