$11,500,000

76 E 450 N Ephraim, UT 84627

Estimated payment $62,855/month

Total Views 8,568
48 Beds
42 Baths
29,577 Sq Ft
$389 Price per Sq Ft

Highlights

  • 1.23 Acre Lot
  • No HOA
  • No Heating

About This Home

**Exceptional Investment Opportunity in the Heart of Ephraim** We are pleased to present a unique investment opportunity in the charming agricultural community of Ephraim, where picturesque rural scenery harmonizes with contemporary living. This impressive property features robust steel framing, ensuring unmatched durability and security seldom found in the area. Comprising five commercial retail spaces alongside thirty upscale residential units, this property is meticulously designed to accommodate a diverse range of lifestyles and investment strategies. The residential offerings include: - **Six spacious 3-bedroom, 2-bathroom units** (1280 sq. ft) - **Six cozy 2-bedroom, 2-bathroom units** (1195 sq. ft) - **Eighteen elegant 1-bedroom, 1.5-bathroom units** (875 sq. ft) Each residence showcases modern interior design combined with superior insulation, providing residents with an exceptional standard of comfort and aesthetic appeal. Conveniently located, the property is within proximity to a variety of amenities, including numerous dining establishments, shopping centers, and the esteemed Snow College. Furthermore, an upcoming hospital enhances the area's potential for continued growth and accessibility, making this location an ideal investment. Experience the perfect balance of serenity and convenience in this idyllic setting. Whether you are a discerning investor or seeking to establish a beautiful home, do not miss this rare opportunity. Transform your vision into reality-contact us today for further information and to arrange a personal viewing!

Listing Agent

Mindy Fung

ERA Brokers Consolidated (Utah County) License #5506510 Listed on: 04/02/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,794

Year Built

  • Built in 2022

Lot Details

  • 1.23 Acre Lot

Home Design

  • 29,577 Sq Ft Home

Bedrooms and Bathrooms

  • 48 Bedrooms
  • 42 Bathrooms

Parking

  • 70 Open Parking Spaces
  • 70 Parking Spaces

Schools

  • Ephraim Elementary And Middle School
  • Manti High School

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association
  • 30 Units
  • Nordic Pointe Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00000621X3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,794

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Property Sub Type: > 4 Units
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 1.23
  • Lot Size: 0.0x0.0x0.0
  • Subdivision Name: NORDIC POINTE
  • Architectural Style: Stories: 3
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 2022
  • Accessory Dwelling Unit: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Private Spa: No
  • Total Bedrooms: 48
  • Fireplace: No
  • Living Area: 29577.0

Exterior Features

  • Pool Private: No
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Property Condition: Blt./Standing

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 70.0
  • Open Parking: No
  • Total Parking Spaces: 70.0

Utilities

  • Cooling Y N: No
  • Heating Yn: No

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Ephraim
  • Junior High Dist: South Sanpete
  • High School: Manti
  • Middle Or Junior School: Ephraim

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 53578.8
  • Parcel #: 00000621X3
  • Zoning Description: MIX
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 30

Tax Info

  • Tax Annual Amount: 3794.0

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2025 04/02/25 For Sale $11,500,000 0.0% $389 / Sq Ft
02/16/2024 02/16/24 Price Changed $1,375 +7.8% $2 / Sq Ft
08/08/2023 08/08/23 For Rent $1,275 0.0% --
06/21/2023 06/21/23 For Rent $1,275 0.0% --
02/17/2023 02/17/23 Price Changed $1,275 +45.7% $1 / Sq Ft
02/16/2023 02/16/23 Price Changed $875 -31.4% $1 / Sq Ft
01/04/2023 01/04/23 Price Changed $1,275 -13.6% $1 / Sq Ft
06/07/2022 06/07/22 For Rent $1,475 0.0% --
05/21/2022 05/21/22 For Rent $1,475 -- --
Source: UtahRealEstate.com

Source: UtahRealEstate.com

MLS Number: 2074530

UtahRealEstate.com