Kachina Ridge, Hurricane, UT 84737 (MLS# 23-239646)

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Kachina Ridge, Hurricane, UT 84737

$6,000,000
Property Type: Land, Lot & Water Square Footage: 2,959,030 Lot Size (sq. ft.): 2,959,031 Status: Closed
Current Price: $6,000,000 List Date: 4/26/2023 Last Modified: 3/29/2024

Description

This high density multi-family/mixed-use development opportunity is ready to break ground. Approved development agreement is flexible and can be customized in both residential and commercial to fit your needs. Approval includes approximately 500 residential doors with 150 doors zoned Short Term Rental AND 90,000 sq. ft. of Commercial space. City approved zoning uses include: Hotel, Restaurant, Commercial, Retail, Vacation Rental, Condo, Townhouse and Single Family with building heights up to 55' tall. Gas stubbed to property and utility plan attached to development agreement. Located in Hurricane, UT (the fastest growing city of Southern Utah) which happens to be exactly in the middle of Las Vegas, NV and Lake Powell, AZ with a 2.5-hour drive to either one.

Supplements: This property is sitting right on top of a desirable trail system with access to other, world-renowned trails, off-roading and recreational lakes with only a 20-minute drive to Zion National Park and Sand Hollow State Park, and only a 35-minute drive to Snow Canyon State Park in Ivins, UT. Don't miss this rare chance to develop a diverse real estate project in a prime, growing location with unforgettable panoramic views of Pine Valley, Zion, Snow Canyon and Utah Mountain. Please call for additional information or visit: www.KachinaRidgeDevelopment.com Listing agent must be present for all showings. Stay in public parking area or on dirt trail. Enter at your own risk and use caution while on the property. All information deemed reliable but buyer or buyers agent to verify.

More Information MLS# 23-239646

Contract Info

List Price: $6,000,000 Current Price: $6,000,000 Listing Date: 2023-03-09 List Price/Acre: 88326.22 Short Sale Status: No

Location,Tax & Legal

Geo Lat: 37.185154 Geo Lon: -113.274799 Street Name: Kachina Ridge MLS Area: Hurricane Valley State/Province: UT Postal Code: 84737 County: Washington Elementary Schools: Hurricane Elementary Intermediate Schools: Hurricane Intermediate Jr. High Schools: Hurricane Middle Sr. High Schools: Hurricane High Tax ID: H-348-B-1-B, H-348-B-1-A, H-3-1-36-440, H-312-A, H Zoning: PC

General Property Info

Listing Class: Land/Acreage Realtor.com: Land Lot Acres: 67.93 Total SqFt: 2959030 Lot Irregular: Yes Assoc Dues Period: N/A

Remarks & Misc

Directions: https://goo.gl/maps/eREnYC4cfLdVJGvs9

Office/Member Info

Buyer Broker Compensation (BBC): 2.5 Buyer Broker Comp (BBC) Type: %

Status Change Info

Sold Date: 2023-08-18 Under Contract Date: 2023-05-05 Status: Closed Sold Price/Acre: 88326.22

Property Features

Utilities: Natural Gas; Stubbed In; See Remarks Land Features: View City; View Mountains Engineering: Grading Plan; Site Plan; Soil Test Available; Survey Available; Topo/Contour Map; Utility Study Zoning: Commercial; Mixed Zoning; Multi-Family; Office/Professional; Recreation; Residential; Special Purpose; See Remarks Terms of Sale: 1031 Exchange; Cash; Conventional; Exchange; Seller Financing; Submit Any Offer
Listing Office: REALTY ONE GROUP GOLDMARK
Last Updated: March - 29 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information deemed reliable but not guaranteed.