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68.72 |
Acres |
Midway, Soldier Hollow |
Subdivision |
This property boasts 68.72 Acres of beautiful Midway farmland with a stream running through it. It includes a wonderful 2-story potrock house that was remodeled in the late 1990s by a professional football player. The land also comes with 120 acre/feet of water in the form of Midway Irrigation Shares, which can be converted directly to culinary. The property was engineered for a 109 lot PUD, and 3 additional acres were already donated to Midway City (now an LDS church) as part of the negotiations (originally 73 acres) which, according to the city, will still benefit the buyer when they decide to develop. It includes Culinary Water, Pressurized Irrigation, Natural Gas, Electricity, Sewer, etc. Great frontage along Center Street. Wonderful Views of Mount Timpanogos and the Soldier Hollow Olympic Ski Veniew and Golfcourse. Perfect property to develop now or hold for later. Really low taxes with greenbelt status (only $2,175 per year). Valued at over 30 million dollars 3 years ago, the water shares alone were valued at nearly 4 million dollars.
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