1884 Shepard Ln Tooele, UT 84074
Estimated payment $8,244/month
Highlights
- Mountain View
- No HOA
- Double Pane Windows
- Mountainous Lot
- 2 Car Attached Garage
- 2 Irrigated Acres
About This Home
Rare Lake Point Duplex with Acreage, Mountain Views & Horse Property Rights. Discover a rare investment or house-hack opportunity in beautiful Lake Point! This charming 1.10-acre duplex offers the freedom of no HOA, horse property rights, and incredible potential-live in one unit and rent out the other, or keep both as part of your growing portfolio. Built in 2001 and lovingly maintained by the original owners, each unit includes a one-car garage, central air and heat, and Kinetico filtered water at the kitchen sink, plus a shared water softener. Both units feature walkout unfinished basements with exterior entries-a rare setup that provides the opportunity to finish and add even more rental income down the road. Enjoy peaceful, rural living with open mountain views and plenty of space for animals, trailers, or future development. The City of Lake Point may allow an ADU on the excess land in the future (buyer to verify). You'll love being just 25 minutes from Salt Lake City, with easy I-80 access, Lake Point Park nearby, and a bus stop less than half a block away. This property is one of only five grandfathered duplexes in Lake Point-a true limited inventory gem. Annual gross income is approximately $44,590, with a 2024 NOI of $38,600 and both leases secured through 2026. The sale includes two separate water rights for culinary and irrigation use. This duplex may be sold alone or alongside the nearby 0.18-acre buildable lot (MLS# 2096867), making it ideal for investors or those pursuing a 1031 exchange. Don't miss this chance to own one of Lake Point's rare multi-unit properties!
Listing Agent
Ryan Konen
Real Broker, LLC License #14022179 Listed on: 07/07/2025
Co-Listing Agent
Charlotte Konen
Real Broker, LLC License #14227216
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,053
Year Built
- Built in 2001
Lot Details
- 1.1 Acre Lot
- Landscaped
- Sprinkler System
- Mountainous Lot
Parking
- 2 Car Attached Garage
Home Design
- Duplex
- Brick Exterior Construction
Interior Spaces
- 2,880 Sq Ft Home
- Double Pane Windows
- Blinds
- Mountain Views
- Walk-Out Basement
- Electric Dryer Hookup
Kitchen
- Free-Standing Range
- Dishwasher
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Schools
- Old Mill Elementary School
- Tooele Middle School
- Stansbury High School
Farming
- 2 Irrigated Acres
Utilities
- No Cooling
- Forced Air Heating System
- Natural Gas Connected
Community Details
- No Home Owners Association
- 2 Units
- Thomasville Subdivision
Listing and Financial Details
- Assessor Parcel Number 10-027-C-0018
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $3,635 | $559,522 | $222,750 | $336,772 |
| 2024 | $4,054 | $315,651 | $160,050 | $155,601 |
| 2023 | $4,054 | $350,879 | $185,075 | $165,804 |
| 2022 | $3,227 | $285,251 | $167,750 | $117,501 |
| 2021 | $3,426 | $253,460 | $57,200 | $196,260 |
| 2020 | $2,077 | $268,170 | $102,200 | $165,970 |
| 2019 | $2,098 | $268,170 | $102,200 | $165,970 |
| 2018 | $2,006 | $243,170 | $77,200 | $165,970 |
| 2017 | $1,875 | $243,170 | $77,200 | $165,970 |
| 2016 | $1,605 | $115,455 | $42,460 | $72,995 |
| 2015 | $1,605 | $115,455 | $0 | $0 |
| 2014 | -- | $112,595 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/26/2025 09/26/25 | Off Market | -- | -- | -- |
| 09/20/2025 09/20/25 | For Sale | $1,500,000 | 0.0% | $521 / Sq Ft |
| 07/07/2025 07/07/25 | For Sale | $1,500,000 | -- | $521 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Meridian Title | |
| Quit Claim Deed | -- | None Available |
Source: UtahRealEstate.com
MLS Number: 2096777
APN: 10-027-C-0018
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IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Licensor is only providing the MLS Content and not other sources of data provided in the Product.
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc.. 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.
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