225 E 850 S Midway, UT 84049
Estimated payment $251,414/month
Highlights
- River View
- 210 Acre Lot
- Level Lot
- Midway Elementary School Rated A-
- Shed
- Natural State Vegetation
About This Lot
CBRE is pleased to present a rare opportunity to purchase 210 acres nestled between the Provo River and the growing city of Midway, Utah. This property not only has amazing views of Mt. Timpanogos and the surrounding valley, it also has multiple options for development, including Resort, Commercial and Residential.This expansive 210-acre property consists of 11 parcels, each a lot of record, in Wasatch County, currently zoned as A-20, with the southern 160 acres designated for resort development and the northern 50 acres designated as RA-1-43 in the Midway City General Plan. Each parcel has a Lot of Record Certificate, ensuring their legal standing for developing beautiful, secluded estate lots. All or part of the property could be annexed into Midway City, increasing the development potential.RZ Resort Zone (Approximately 160 acres located within this zone) • Commercial/Retail - 20% of the gross floor area must be commercial. • 25% of the commercial area must be these uses: » Retail » Alcohol Dispensing Establishments (with local consent) » Photo, Art, Craft galleries, and retail showrooms » Cafes and restaurants » Private Clubs & Taverns • Hotels / Nightly Rentals - 30% gross floor area must be Hotels or Nightly Rentals (prohibiting rentals longer than 30 days). Stimulates collection of transient room tax (hotel tax). • Long Term Rentals - 10% of gross floor area can be long-term rentals. - Apartments are NOT permitted - Build for rent possibilityRA-1-43 (Residential Agricultural Zone) 50 to 210 acres • One lot per acre density - Possibility to cluster density if you apply for a large-scale development plan and PUD.Parcels: 00-0008-5253, 00-0008-5360, 00-0008-5030, 00-0008-5436, 00-0008-5428, 00-0008-5402, 00-0008-6590, 00-0008-7077, 00-0008-6616, 00-0008-6608, 00-0008-6640206.79 Midway Irrigation Class I water shares Please visit for additional info and to download a property brochure.
Property Details
Property Type
- Land
Est. Annual Taxes
- $134
Year Built
- 1972
Lot Details
- 210 Acre Lot
- River Front
- Property fronts a private road
- Natural State Vegetation
- Level Lot
- Irrigation
Property Views
- River
- Mountain
- Meadow
- Valley
Utilities
- No Utilities
- Sewer Not Available
Listing and Financial Details
- Assessor Parcel Number 00-0008-5253
Community Details
Overview
- Commercial Land Subdivision
Recreation
- Shed
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 |
|---|---|---|---|---|
| 2024 | $134 | $4,019,166 | $4,012,000 | $7,166 |
| 2023 | $134 | $2,484,166 | $2,477,000 | $7,166 |
| 2022 | $1,140 | $2,490,166 | $2,483,000 | $7,166 |
| 2021 | $1,909 | $1,160,665 | $964,800 | $195,865 |
| 2020 | $1,968 | $1,160,665 | $964,800 | $195,865 |
| 2019 | $15,709 | $1,037,500 | $0 | $0 |
| 2018 | $1,854 | $164,034 | $0 | $0 |
| 2017 | $1,711 | $151,510 | $0 | $0 |
| 2016 | $3,046 | $264,246 | $0 | $0 |
| 2015 | $2,868 | $264,108 | $0 | $0 |
| 2014 | $2,977 | $264,440 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/11/2025 06/11/25 | For Sale | $45,000,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Atlas Title | |
| Warranty Deed | -- | Atlas Title | |
| Warranty Deed | -- | Atlas Title | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | Founders Title Co | |
| Trustee Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $16,250,000 | New Conventional |
Source: Park City Board of REALTORS®
MLS Number: 12502429
APN: 00-0008-5253
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