$7,925,000
$7,925,000
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275.4 Acres Lot
SOLD DATE : 09/01/2022
Key Details
Sold Price $7,925,000
Property Type Vacant Land
Sub Type Land/Acreage
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 22-232628
Sold Date 09/01/22
Originating Board Washington County Board of REALTORS®
Annual Tax Amount $2,804
Lot Size 275.400 Acres
Acres 275.4
Property Sub-Type Land/Acreage
Property Description
Kanab is a gem in the desert. Recently featured in Sunset magazine as ''The Best Basecamp for Utah's National Parks '' we realized that the word was out. This quaint little town offers beautiful vistas and access to over a dozen of natures most beautiful plagrounds. Half an hour from Zions east entrance, 15 minutes from Coral Pink Sand Dunes, and 1 hour from Lake Powell. Kanab is where we chose to create a development that would be exactly where we want to live. We want to wake up to beautiful views and escape the hustle and bustle of the cities. We want quality of life. And that is exactly what this property offers. Catori Canyon is 275 acres of beautiful opportunity. In our humble opinion... the very best piece of property left in Kanab. You are close enough to walk to restaurants, stores, and schools... including the brand new elementary school being built. ... but you feel like you are enjoying the country life as well. This property has many uses and potential, but is actually nearly ready for plat approval by the city of Kanab. Current plat reserves 10 acres at entrance for townhomes that have a dual use and very special floorplan. These units can be used as vacation rentals, long term rentals, or owner residence. The other lots are zoned Residential R-20, and will be half acre lots or larger. There is also a planned commercial area along the creek for retail and office space. Lots to the west border the BLM and are 2-7 acres each. This community has been lovingly and thoughtfully designed with local engineers and city planners. Property has already been annexed from county to city and you could be just a few months from breaking ground. While 275 acres opens massive opportunities to an investor and builder...we do feel the benefit to continuing the current plan is the most beneficial to the community and investor. Over a year of work has been done on this development. We would love to continue this development to completion with the new owner as we feel it is going to be the most amazing community Southern Utah has to offer. Please see Documents for Property Package, website, video, etc. We love this property and know that you investors and developers will too.
Location
State UT
County Other
Area Outside Area
Zoning Residential
Direction Coming from Zion on HWY 89 stay on Center Street until you reach 300 S. Turn right. Cross the creek and as you crest the 275 acres is on the right. From the Creek all the way to the red mountain.
Exterior
Utilities Available Fiber Optic, Culinary, City, Electricity Connected
View Y/N No
Building
Lot Description Access, Public, Horse Privileges, Road, None, Soil Clay, Soil Loam, Soil Sand, Terrain Flat, Terrain Slope, View City, View Mountains
Schools
School District .
Others
Senior Community No
Acceptable Financing Submit, FHA, Conventional, Cash, 1031 Exchange
Listing Terms Submit, FHA, Conventional, Cash, 1031 Exchange
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