Pending

1100 N Highway 89

Ephraim, UT 84627
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Acres27.99

Acres(Lot)

Seller is willing to carry 50% for 18 months but purchase price would need to be $3,000,000. for those terms. Ephraim is experiencing a severe housing shortage. The timing is right for a project like this. Seller has zoning in hand for 360 units that can either be apartments, townhomes condos or a mixture but approval is in hand for 360 units. Also approximately 3.7 acres approved for storage units and an additional 4 acres zoned commercial. Located just north of the Wal Mart in Ephraim on highway 89. Feasibility study, soils, engineering plats in hand and available by request. Feasibility study shows 100% occupancy as each building is finished due to the severe housing shortage. Approved plat is attached. Buyer will need to obtain final plat approval but zoning and density have already been approved. Approximately 60 days needed to obtain final plat approval once engineering is done and submitted to city. Sale includes surveys soils and all engineering done to date.

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Detail Ic Property Details

Property Type : Land

Price : $2,500,000

AD Id : 59298178

MLS Id : 1899082

Lot Size : 27.99 Acres(Lot)

County : Sanpete

  • Map Map

Map

Feature Features

  • Heating & Cooling

    Heating: None Cooling: None

  • Lot Information

    Lot Dimensions: 0.0x0.0x0.0 Main Square Feet: 27.99 Acres Lot Size Acres: 27.99 Lot Size Square Feet: 1219244.4 Lot Description: Level

  • Listing Price Information

    Listing Price: $2500000 Original Price: $10440000 Cash, Conventional

  • Tax Information

    Parcel Number: 5358, 5358X4, 5358X5 Annual Tax: $10000

  • School Information

    Elementary School: Ephraim
    Junior High School: Ephraim
    Senior High School: Manti
  • Utility Information

    Natural Gas Available, Electricity Available, Sewer Available
  • Location Information

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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Land, Ephraim, UT, 84627 $4,499,999 -- -- -- 38.37 Acres(Lot)
Land, Ephraim, UT, 84627 $299,000 -- -- -- 20 Acres(Lot)
444 S 375, Ephraim, UT, 84627 $114,225 -- -- -- 0.38 Acre(Lot)
373 W 450 #403, Ephraim, UT, 84627 $105,275 -- -- -- 0.34 Acre(Lot)
283 W 450 #209, Ephraim, UT, 84627 $68,000 -- -- -- 0.21 Acre(Lot)
424 S 375 #401, Ephraim, UT, 84627 $97,800 -- -- -- 0.31 Acre(Lot)

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 06/06/2026 @ 18:51. 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.

ByOwner last updated this listing 06/06/2026 @ 18:51

MLS: 1899082 LISTED BY: David Priest, Equity Real Estate (Solid) 801-208-5872 SOURCE: UtahRealEstate (Wasatch Front)

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