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Key Details
Sold Price $1,050,000
Property Type Multi-Family
Sub Type Recreational
Listing Status Sold
Purchase Type For Sale
Square Footage 4,021 sqft
Price per Sqft $261
Subdivision Wood Haven Sub
MLS Listing ID 2109125
Style Stories: 2
Bedrooms 10
Full Baths 2
Three Quarter Bath 3
Year Built 1993
Annual Tax Amount $3,445
Lot Size 0.600 Acres
Property Sub-Type Recreational
Property Description
Listing price is for 1/8 fractional ownership at $187,500 per share. The price for full ownership is $1,475,000. Experience year-round relaxation at this cedar siding/log cabin for 1/8 the price in Garden City, UT. This is not a timeshare-it's true co-ownership with full property rights and usage. This 4,100 square foot cabin features 10 bedrooms, 5 bathrooms, sleeps up to 40 guests across two spacious levels, fully furnished and turn-key with furniture, dcor, beds, bedding, and household items included. Walking distance to Bear Lake, shops, and eateries, Proven short-term rental history with $309,000 gross revenue over the past 3 years.
Location
State UT
County Rich
Area Garden Cty; Lake Town; Round
Zoning Commercial, Short Term Rental Allowed
Interior
Heating Electric, Forced Air, Propane
Cooling Central Air, Window Unit(s)
Flooring Carpet, Tile
Fireplaces Number 1
Fireplaces Type Insert
Equipment Fireplace Insert, Gazebo, Hot Tub, Play Gym
Laundry Electric Dryer Hookup
Exterior
Exterior Feature Balcony, Double Pane Windows, Entry (Foyer), Lighting, Porch: Open, Stained Glass Windows, Storm Doors, Storm Windows, Patio: Open
Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected
View Y/N Yes
View Lake
Roof Type Asphalt,Pitched
Building
Lot Description Fenced: Full, Road: Unpaved, Secluded, Sprinkler: Auto-Full, View: Lake, Private
Story 2
Sewer Sewer: Connected, Sewer: Public
Structure Type Asphalt,Cedar,Log
New Construction No
Schools
Elementary Schools North Rich
Middle Schools Rich
High Schools Rich
School District Rich
Others
Acceptable Financing Cash, Conventional, Exchange, Seller Finance, VA Loan, USDA Rural Development
Listing Terms Cash, Conventional, Exchange, Seller Finance, VA Loan, USDA Rural Development
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Eric Prince
Associate Broker | License ID: 9837844-AB00
Associate Broker License ID: 9837844-AB00