$10,450,000
$5M PRICE DROP

3168 N 1600 E Panguitch, UT 84759

Estimated payment $56,827/month

Total Views 15,040
958 Acres
$10,908 Price per Acre
41,730,480 Sq Ft Lot

Highlights

  • Barn
  • 958 Acre Lot
  • No HOA
  • Horses Allowed On Property
  • Mountain View
  • Property is Fully Fenced

About This Lot

This farm is one of the premier hay-producing operations in the state of Utah and is well on its way to becoming one of the highest-quality equine hay-producing operations in the world. This high-elevation farm specializes in producing extremely high-quality horse hay, including Alfalfa Hay, Triticale, and Timothy. The 650+ acres currently in production are professionally managed with annual yields (regardless of the crop) between 5-6 tons per acre. Since day one, the current owner has been improving the outputs while also reducing the inputs through excellent water management, employing microbiology, and creating custom systems for the acreage. The results have been nothing short of special with the forage testing for all 3 of the farm products landing in the 'high' quality category for Dry Matter, Crude Protein, ADF, NDF, TDN, and feed value. The hay is primarily sold to high-end horse breeders/owners and is also used as feed for several champion rodeo horses. This is the feed for some of the best equine athletes in the world. If you have been around horses enough, you know the importance of good, clean, soft, and leafy hay. The current owners of the Broken Fence have made great efforts to keep their products to the highest quality standards by utilizing Staheli West steamers, covered hay barns, and keeping the soil healthy so that less fertilizer and pest control products are needed. You can rest assured that the products from this farm are top-notch and will deliver the nutrients needed to keep your high-performance horses at their best. Improvements to the farm include a 3400-square-foot 5-bedroom 3.5+ bathroom home, which was built in 2018. Newer enclosed hay barns are placed strategically to facilitate easy loading and shipping of the hay and are sized at roughly 25,000 & 10,000 ft2. A 2,700 ft2 heated shop and 3,600 ft2 of covered parking are located close to the main home, along with multiple outbuildings. The pivots and water systems have all been recently updated, and a feedlot for over 100 cow-calf pairs with a 3,000 ft2 3-sided shed and animal drinkers is already in place. 1506.99 irrigation shares provide ample water, and the farm also has 330 ELUs and 3.2 homes of underground water rights. The water delivery systems have been custom-designed for the ground, are extremely efficient, and have all been recently upgraded. Of the roughly 3,400 tons of hay produced in 2024, over 85% would be considered within the 'premium/high end' quality range. If you are looking for a quality farm with room to expand, the 958 acres being offered here are some of the best Utah has to offer in one contiguous parcel.

Listing Agent

Zeb White

Whitetail Properties Real Estate LLC License #13585042 Listed on: 12/16/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,937

Lot Details

  • 958 Acre Lot
  • Lot Dimensions are 6508.0x6110.0x7090.0
  • Property is Fully Fenced
  • Sloped Lot
  • Property is zoned Single-Family, Agricultural, AG

Property Views

  • Mountain
  • Valley

Utilities

  • Natural Gas Connected
  • Septic Tank

Additional Features

  • Barn
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number Multiple Parcels

Community Details

Overview

  • No Home Owners Association

Recreation

  • Outbuilding

Property Details

Property Type

Land

Est. Annual Taxes

$3,937

Lot Details

0

Listing Details

  • Prop. Type: Farm
  • Horses: Yes
  • Lot Size Acres: 958.0
  • Lot Size: 6508.0x6110.0x7090.0
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Accessory Dwelling Unit: No
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Private Spa: No
  • Fireplace: No

Exterior Features

  • Lot Features: Fenced: Full, Terrain: Grad Slope, View: Mountain, View: Valley, Terrain: Flat
  • Pool Private: No
  • Topography: View: Mountain, View: Valley
  • View: Mountain(s), Valley
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Exterior Features: Barn, Out Buildings, Corral(s)
  • Property Condition: Blt./Standing

Garage/Parking

  • Attached Garage: No
  • Open Parking: No

Utilities

  • Cooling Y N: No
  • Heating Yn: No
  • Sewer: Septic Tank
  • Utilities: Natural Gas Connected, Electricity Connected, Sewer: Septic Tank

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 41730480
  • Parcel #: Multiple Parcels
  • Zoning Description: AG
  • Zoning: Single-Family, Agricultural

Tax Info

  • Tax Annual Amount: 3937.0

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 $2,069 $439,879 $36,152 $403,727
2023 $2,247 $397,695 $33,152 $364,543
2022 $2,281 $382,044 $32,955 $349,089
2021 $2,341 $382,044 $32,955 $349,089
2020 $1,692 $315,955 $32,955 $283,000
2019 $1,710 $315,955 $32,955 $283,000
2018 $353 $35,156 $0 $0
2017 $769 $92,351 $0 $0
2016 $769 $92,351 $0 $0
2015 $793 $89,366 $0 $0
2012 $793 $89,325 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2025 08/20/25 For Sale $2,600,000 -50.9% --
08/20/2025 08/20/25 For Sale $5,300,000 -49.3% $1,559 / Sq Ft
08/12/2025 08/12/25 Price Changed $10,450,000 -25.4% --
06/05/2025 06/05/25 Price Changed $14,000,000 -6.7% --
11/18/2024 11/18/24 For Sale $15,000,000 -- --
Source: UtahRealEstate.com

Source: UtahRealEstate.com

MLS Number: 2054773

UtahRealEstate.com

APN: 14-0064-0819