
Listed by Coldwell Banker Residential Brokerage New Park
$4,000,000
101 W Remos Ln
Details
Property Type Land
Sub Type Agricultural
Acreage 362.770
Land | 362.77 acres
Marketing 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.
Investment highlights
- Utilities: Gas: Not Available; Sewer: Septic Tank; Power: Stubbed
- Lot: Excl. Mineral Rights; Excl. Oil/Gas Rights; Fenced: Full; Horse Property; Terrain: Flat; View: Mountain; View: Valley
- Water: Private; Well(s)
- Irrigation: Gravity; Pressurized; Rights: Owned; Shares: Owned; Well: Pumped; Well: Artesian
- Land Use: Hay; Pasture
- Ext. Features: Barn; Bunkhouse; Corral(s); Out Buildings
Listing Contacts

Listed by Coldwell Banker Residential Brokerage New Park
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