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101 Remos Ln @ 1200 N 1500 W
Manti, UT 84642

$4,000,000 USD

Land For Sale  •  362.77 AC

Property Details

  • Property Type Land
  • Lot Size 362.77 AC
  • Zoning Agricultural, Residential
0 Transit Score
0 Walk Score

Description

Turnkey Development Opportunity (63-Lot Concept) and/or existing Ranch with Seller Financing | Ranch.

Seize this rare chance to own and develop 362 acres in the heart of Sanpete County. Less than 15 minutes from Ephraim and Manti's schools, shopping, restaurants, trail systems, and the upcoming Ephraim Crossing commercial hub, this fully operational ranch comes with a development concept already in place for 63 residential lots ranging from 1.25 to 5.8 acres.

Highlights Include:
4 Improved Lots with Utilities – 2 already sold at $250K each
Existing Infrastructure – 60x60 shop with ~1,200 sq ft living quarters, 50x100 hay barn, corrals, multiple wells
Water Rights Abundant – 241 acre-feet of underground water and 251 shares of surface/pressurized irrigation
Seller Financing Available – Ideal terms: 25% down, 5% interest, ~$250K/year payments
Ranch Income or Development Flexibility – Maintain as a working ranch or develop for long-term equity and cash flow

With essential utilities, road access, and early lot sales already in place, this is a plug-and-play opportunity with strong upside potential. Whether you’re seeking legacy land ownership, income-producing acreage, or a phased development with seller-backed financing—this property delivers.

Offered at $4,000,000 (Estimated current value: $4.75M. Projected developed value: $14.4M+)
Don’t miss this opportunity to build where growth is inevitable.
Contact for full proforma, Lot concept maps, and terms.

Highlights

63 Lot Development with excellent ROI
241 acre-feet of water rights, 251 shares
25% down Seller Financing at 5% Interest
Keith Kasperson 435-352-4888 R and R Realty, LLC
Keith Kasperson 435-352-4888 R and R Realty, LLC