$1,085,000
$115K PRICE DROP

1516 S Lost Colt Dr Heber City, UT 84032

Estimated payment $6,290/month

Total Views 805
6 Beds
4 Baths
3,560 Sq Ft
$305 Price per Sq Ft

Highlights

  • Horse Facilities
  • Horse Property
  • RV Access or Parking
  • Old Mill School Rated A
  • Corral
  • 1.16 Acre Lot

About This Home

Situated on 1.16 acres, this spacious 6 bedroom, 4 bathroom home (2 of the bedrooms are en suite) offers the perfect blend of comfort, functionality, and outdoor living. Designed with flexibility in mind, the lower-level walkout includes a second kitchenette and large family room, ideal for mother-in-law living or entertaining. Enjoy the charm of true horse property with fencing, a horse shed, and space galore. There's room for a play yard, garden, or additional outbuildings, all framed by wide-open skies and pastoral views. Whether you're relaxing on the expansive deck or enjoying time with family and animals, this property delivers space and serenity in equal measure.

Listing Agent

Toni Faulk

BHHS Utah Properties - SV License #7507324-SA00 Listed on: 08/20/2025

BHHS Utah Properties - SV

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,538

Year Built

  • Built in 2002

Lot Details

  • 1.16 Acre Lot
  • Partially Fenced Property
  • Landscaped
  • Natural State Vegetation
  • Corner Lot
  • Sloped Lot
  • Front and Back Yard Sprinklers
  • Irrigation

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • RV Access or Parking

Property Views

  • Mountain
  • Meadow

Home Design

  • Ranch Style House
  • Brick Veneer
  • Wood Frame Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3,560 Sq Ft Home
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Great Room
  • Formal Dining Room
  • Storage
  • Walk-Out Basement

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 4 Full Bathrooms
  • Double Vanity
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Washer

Outdoor Features

  • Horse Property
  • Balcony
  • Deck
  • Patio
  • Shed
  • Porch

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Accessible Approach with Ramp
  • Corral

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 00-0015-1014

Community Details

Overview

  • No Home Owners Association
  • Wild Mare Subdivision

Recreation

  • Horse Facilities
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,538

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • MainLevelTotalsBedroom: 2
  • MainLevelTotalsDiningRoom: 1
  • MainLevelTotalsFullBaths: 2
  • MainLevelTotalsGreatRoom: 1
  • Prop. Type: Residential
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 1.16
  • Subdivision Name: Wild Mare
  • Architectural Style: Ranch
  • New Construction: No
  • Year Built: 2002
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: Yes
  • Property Info:Tax ID: 00-0015-1014
  • Property Info:Apx Taxes: 4538.0
  • Property Info:Tax Year2: 2024
  • Property Info:Access: Year Round
  • Property Description:Gradual Slope: Yes
  • Property Description:Natural Vegetation: Yes
  • Views:Mountain(s): Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Utilities:Phone Available: Yes
  • Sewage:Public Sewer: Yes
  • Views:Meadow: Yes
  • Water:Public2: Yes
  • Recreation Access:HikeBike Trail - Adjoining Project: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Property Info:Construction New: No
  • Property Info:Construction Status: Complete
  • Property Info:Total Fireplaces: 1
  • Property Info:Accessory Dwelling Unit YN: No
  • Size of HouseLot:Apx SqFt Finished: 3560.0
  • Size of HouseLot:Apx Acres2: 1.16
  • Style:RanchRambler: Yes
  • Foundation:Concrete Perimeter: Yes
  • Roof:Asphalt: Yes
  • Equipment:Water Heater - Gas: Yes
  • Equipment:Water Softener - Owned: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring:Carpet: Yes
  • Flooring:Tile: Yes
  • Dining Area:Eat-in Kitchen: Yes
  • Dining Area:Semi-Formal Dining: Yes
  • Garage Type Attached: Yes
  • Room Totals:Fireplace8: 1
  • Main Level Totals:Fireplace2: 1
  • Lower Level Totals:Full Baths3: 2
  • Washers: Yes
  • Room Totals:Dining Room7: 1
  • Room Totals:Great Room7: 2
  • Property Info:Mother-in-Law Apartment: Yes
  • Size of HouseLot:Apx Lot Size (SqFt)2: 50530.0
  • Fencing:Partial: Yes
  • Property Description:Horse Property: Yes
  • Water Irrigation: Yes
  • Other Structures:Shed(s): Yes
  • Exterior:Stucco: Yes
  • Dining Area:Breakfast Nook: Yes
  • Exterior:Brick Veneer: Yes
  • Disability Features:Accessible Approach with Ramp: Yes
  • Other Park Type:Rec Vehicle: Yes
  • Lower Level Totals:Great Room3: 1
  • Other Structures:Corral(s): Yes
  • Other Structures:Horse Facilities: Yes
  • Property Description:Corner Lot: Yes
  • Main Level Totals:Laundry2: 1
  • Room Totals:Laundry8: 2
  • Lower Level Totals:Laundry4: 1
  • Appliances Dryer: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Oven, Refrigerator, Washer
  • Has Basement: Walk-Out Access
  • Flooring: Carpet, Tile
  • Interior Amenities: Washer Hookup, Storage, Ceiling Fan(s), Ceiling(s) - 9 Ft Plus, Double Vanity, Granite Counters, Jetted Bath Tub(s), Main Level Master Bedroom, Open Floorplan, Pantry, Ski Storage, Vaulted Ceiling(s), Walk-In Closet(s)
  • Other Equipment: Garage Door Opener, Water Heater - Gas, Water Softener - Owned
  • Accessibility Features: Accessible Approach with Ramp
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Interior Features:Ceiling(s) - 9 Ft Plus: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Main Level Master Bedroom: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Washer Hookup: Yes
  • Number of Fireplaces Gas: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Jetted Bath Tub(s): Yes
  • Interior Features:Ski Storage3: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Granite Counters: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Storage2: Yes

Exterior Features

  • Exterior Features: Storage, Balcony, Ski Storage
  • Fencing: Partial
  • Roof: Asphalt
  • Other Structures: Corral(s), Horse Facilities, Shed(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Gradual Slope, Horse Property, Natural Vegetation
  • View: Meadow, Mountain(s)
  • Construction Type: Brick Veneer, Stucco
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch, Patio, Deck
  • Exterior Features:Deck(s): Yes
  • Exterior Features:Patio(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Porch: Yes
  • Construction:Frame - Wood: Yes
  • Exterior Features:Ski Storage2: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • OtherParkTypeParkingSpaces: 10
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Property Info:Parking Spaces Covered: 2
  • Equipment:Garage Door Opener: Yes

Utilities

  • Cooling: Air Conditioning
  • Heating: Fireplace(s), Forced Air, Natural Gas
  • Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Natural Gas Connected, Phone Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Irrigation, Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Air Conditioner: Yes
  • Heating:Fireplace(s): Yes

Association/Amenities

  • MembershipAmenitiesMembershipAvailable: No
  • AssociationOccupant:HOA Dues: No
  • AssociationOccupant:Currently Occupied: Call Listing Agent

Condo/Co-op/Association

  • Association: No

Lot Info

  • Development Status: Construction Status
  • Lot Size Sq Ft: 50530.0
  • Parcel #: 00-0015-1014

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4538.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,538 $963,085 $462,000 $501,085
2023 $4,300 $897,250 $259,600 $637,650
2022 $4,641 $897,250 $259,600 $637,650
2021 $3,862 $592,185 $224,600 $367,585
2020 $2,152 $592,185 $224,600 $367,585
2019 $3,308 $294,093 $0 $0
2018 $3,584 $318,567 $0 $0
2017 $3,333 $296,645 $0 $0
2016 $2,545 $222,074 $0 $0
2015 $2,397 $222,074 $0 $0
2014 $2,479 $222,074 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 Price Changed $1,085,000 -9.6% $305 / Sq Ft
07/10/2025 07/10/25 For Sale $1,200,000 +107.3% $337 / Sq Ft
10/31/2016 10/31/16 Sold -- -- --
09/19/2016 09/19/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $579,000 -- $167 / Sq Ft
Source: Park City Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed -- Pinnacle Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $98,428 Unknown
Source: Public Records

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Source: Park City Board of REALTORS®

MLS Number: 12503137

Park City Board of REALTORS®

APN: 00-0015-1014