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Lake Point

Lake Point

$687,413 Average Value
$240 Average Price per Sq Ft
47 Homes For Sale

Lake Point is a country community near Salt Lake City

Lake Point is a rural community in the Tooele Valley, around 25 miles from downtown Salt Lake City. The residential area has added many New Traditional homes in response to the valley’s growth. People often commute to Salt Lake City for work, and they can relax at Great Salt Lake State Park during off-hours.

What homebuyers can expect to pay for New Traditional homes

Lake Point’s New Traditional homes often use stone in their designs. Many are modern builds, and there continue to be new constructions, especially in the Pastures at Saddleback subdivision. There are also homes from the early 1900s, but those rarely hit the market. “Most people don’t leave Lake Point,” says Nicole Cloward, the principal broker and owner of The Trusted Team at Re/Max Complete, who lives in the area. “They either grew up there or found an opportunity to buy a house. … All the people coming from the Wasatch Front [to the east] or from other states are finding a tight community, and they are welcomed in.” Prices usually go from the mid-$500,000s to the upper $600,000s, which is slightly above nearby areas like Stansbury Park and Erda. HOA fees for Pastures at Saddleback homes are $45 per quarter.

Lake Point offers a rural life and beautiful sunsets

The Lake Point community has existed in some form since the mid-1800s, when it was known as E.T. City, but it officially became a city in 2021. The Oquirrh Mountains sit to the east, and the Great Salt Lake is to the north. Most of the area is surrounded by flat grasslands that give the community a rural feel, something that appeals to people looking to leave city life behind. “Our corridor is getting more attractive,” Cloward says. “People are working their way out there. They can spread out and feel the country lifestyle.” Young families are a large part of the area’s growth. The area’s median age is about 35, and its population under 18 is significantly above the national average. Many residents attend The Church of Jesus Christ of Latter-day Saints, which is headquartered in Salt Lake City and opened a temple in nearby Tooele in 2021. As people move to the area, commercial growth is expected to follow, Cloward says. One thing that won’t change, even with more businesses in the area, is its sunsets. “The water just does something amazing to the sky,” Cloward says.

Easy access to an airport and a hospital

Lake Point is about 20 miles from Salt Lake City International Airport and around 25 miles from downtown Salt Lake City neighborhoods like Central City. Provo, home to Brigham Young University, is about 65 miles southeast. The closest hospital is Mountain West Medical Center in Tooele, less than 10 miles away.

Float in the Great Salt Lake or exercise in Stansbury Park

Recreation in Tooele Valley is headlined by the Great Salt Lake, where people can float on its high-salinity waters. Great Salt Lake State Park is one of two state parks on the water and offers swimming, kayaking and camping. Day passes are $10 per car or $2 for cyclists and walkers. Around 2 miles from the park is The Great Saltair, an event venue that hosts concerts and film premieres.

Lake Point Park is a small green space with a playground and a basketball court. Larger sports areas, including a disc golf course and baseball and tennis courts, can be found at Porter Way Park in Stansbury Park. Nearby, Erda is home to Burt Brothers Motorpark, where people can rent go-karts and watch several kinds of racing.

Students attend the Tooele County School District

Students attend the Tooele County School District. There are no schools in Lake Point, but elementary, middle and high schools are all within 10 miles. St. Marguerite’s Catholic School, less than 15 miles away in Tooele, is a highly rated private option. Utah’s Fits All Scholarship Program sends students up to $8,000 in funds for private school education. About 10,000 students receive the award each year.

Sit-down restaurants are in surrounding towns

Lake Point has several fast-food eateries along state Route 36. To have a sit-down meal, people will have to drive to nearby towns like Stansbury Park and Tooele. Options include:

  • Hug-Hes American Kitchen, a regional chain with a varied menu
  • United Slice, a pizza and pasta parlor
  • Red Wok, which serves Chinese cuisine
  • Mumbai House, an authentic Indian restaurant
  • Virg’s, which blends Mexican fare with American classics
People can pick up groceries at Soelberg’s Market in Stansbury Park.

Ryan Kohn
Written By
Ryan Kohn

Interested in learning more about homes in this area? Reach out to Melody Moser, an experienced agent in this area.

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Schools

Source:
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Parks in this Area

Area Facts

Number of Homes
495
Number of Homes for Sale
47
Median Year Built
2019
Months of Supply
40.30
Average Single Family Home Size Sq Ft
3,527
Significantly above the national average
1,931
Median Lot Size Sq Ft
14,810

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Lake Point Has More Owners

Demographics

Total Population
2,856
Median Age
33
Population under 18
33.5%
Above the national average
23.8%
Population over 65
9.5%
Below the national average
19.1%

Finances

Median Household Income
$125,744
Significantly above the national average
$79,601
Average Household Income
$138,016

Education and Workforce

High School Graduates
84.7%
College Graduates
27.2%
Below the national average
34.1%
Advanced Degrees
8.4%
% Population in Labor Force
80.3%
Above the national average
64.9%

Weather

Annual Precipitation
19''
Average Winter Low Temperature
21°F
Average Summer High Temperature
91°F
Annual Snowfall
37''

Area Factors

Not friendly

Bike Score®®

0 / 100

Not friendly

Walk Score®®

0 / 100

Not friendly

Transit Score®®

0 / 100
Source: Local Logic
Sources: Local Logic

Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Lake Point