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Emily Hayes

CEO Emily Hayes Homes | Emily Hayes Homes | Keller Williams | PLACE

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285 E Cimmarron Way , Erda, UT 84074
$1,600,000
Est. Payment: $3,555.56/mo
4 Bed
2 Bath
2996 Sqft
Status: Active | Days on site: 15
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71146 - 82223,92503
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House Description

A rare opportunity to acquire approximately 5 acres in one of Erda's most visible and rapidly evolving corridors, positioned directly along the primary highway into town. Combining immediate operational utility with long term investment potential, this unique property offers an exceptional opportunity for equestrian users, investors, and developers alike. The property is currently improved with a well-maintained single-family residence, an established horse arena, tack and storage buildings, and supporting equestrian infrastructure, creating a turnkey environment for a professional horse training, boarding, breeding, or lesson operation.The existing improvements provide the flexibility to continue an active equestrian business while benefiting from the property's strategic location and strong regional visibility. Beyond its current use, the property's size, frontage, and prominent location present compelling future development possibilities, subject to municipal approvals. Situated within the path of Erda's continued growth, the site offers investors the opportunity to generate current income whe evaluating future entitlement or redevelopment strategies. Its location provides excellent accessibility with direct exposure to the area's primary transportation corridor, making it well suited for a variety of long-term investment scenarios. Whether your vision is to establish a premier equestrian facility, secure a land investment in one of Tooele County's fastest-growing communities, or capitalize on future development potential, this property represents a distinctive opportunity where operational value and future upside converge.

Highlights

Listed by Benjamin Dickamore , 801-643-2215 and Sean Steinman , 801-913-3790 Summit Sotheby's International Realty , 801-467-2100.

Property Type

Residential

Lot/Acreage
5.01

Year Built

1997

County

Tooele

Area

Grantsville; Tooele; Erda; StanP

Neighborhood

Lakeview Ranchettes

School District

Tooele

Listing ID

2182439

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:2
  • Full Bathrooms:2
Air Cond:Central Air
Fireplaces:
Floor:Carpet,Hardwood,Tile
Above Ground Sq Ft:1514
Basement:Full
Other:
  • Bath:Primary, Sep. Tub/Shower
  • Closet:Walk-In
  • Range/Oven:Free Stdng.
  • Additional:Disposal, French Doors, Vaulted Ceilings
Water:Rights: Owned,Well

Exterior Features

Lot:Fenced: Part,Road: Paved,Sprinkler: Auto-Full,View: Lake,View: Mountain,View: Valley
Lot Dimensions:0.0x0.0x0.0
Garage Capacity:8
Zoning:Single-Family
Roof:Asphalt
Others:
  • Patio:Covered
  • Additional:Bay Box Windows, Double Pane Windows, Horse Property, Out Buildings, Lighting, Blt./Standing
Sewer:Sewer: Connected,Septic Tank
Parking Features:Parking: Uncovered,Rv Parking,Attached,Opener,Workbench
Principal Interest
$3,556
Taxes
$520

Home Price

$1,600,000

Loan Details

30 yrs
%

Down Payment

20%
$320,000
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Monthly Price:
$3,555.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,555.56 $520.42 $0.00 $4,075.97
Yearly $42,666.67 $6,245.00 $0.00 $48,911.67
Total $1,280,000.00 $187,350.00 $0.00 $1,467,350.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Erda, UT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.