Powell DR, Kanab, UT 84741 (MLS# 22-232628)

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Powell DR, Kanab, UT 84741

$7,925,000
Property Type: Land, Lot & Water Lot Size (sq. ft.): 11,996,424 Status: Closed
Current Price: $7,925,000 List Date: 6/09/2022 Last Modified: 9/16/2022

Description

Kanab is a gem in the desert. Recently featured in Sunset magazine as ''The Best Basecamp for Utah's National Parks '' we realized that the word was out. This quaint little town offers beautiful vistas and access to over a dozen of natures most beautiful plagrounds. Half an hour from Zions east entrance, 15 minutes from Coral Pink Sand Dunes, and 1 hour from Lake Powell. Kanab is where we chose to

Supplements: create a development that would be exactly where we want to live. We want to wake up to beautiful views and escape the hustle and bustle of the cities. We want quality of life. And that is exactly what this property offers. Catori Canyon is 275 acres of beautiful opportunity. In our humble opinion... the very best piece of property left in Kanab. You are close enough to walk to restaurants, stores, and schools... including the brand new elementary school being built. ... but you feel like you are enjoying the country life as well. This property has many uses and potential, but is actually nearly ready for plat approval by the city of Kanab. Current plat reserves 10 acres at entrance for townhomes that have a dual use and very special floorplan. These units can be used as vacation rentals, long term rentals, or owner residence. The other lots are zoned Residential R-20, and will be half acre lots or larger. There is also a planned commercial area along the creek for retail and office space. Lots to the west border the BLM and are 2-7 acres each. This community has been lovingly and thoughtfully designed with local engineers and city planners. Property has already been annexed from county to city and you could be just a few months from breaking ground. While 275 acres opens massive opportunities to an investor and builder...we do feel the benefit to continuing the current plan is the most beneficial to the community and investor. Over a year of work has been done on this development. We would love to continue this development to completion with the new owner as we feel it is going to be the most amazing community Southern Utah has to offer. Please see Documents for Property Package, website, video, etc. We love this property and know that you investors and developers will too.

More Information MLS# 22-232628

Contract Info

List Price: $7,925,000 Current Price: $7,925,000 Listing Date: 2022-06-09 List Price/Acre: 28776.33 Short Sale Status: No

Location,Tax & Legal

Geo Lat: 37.043136 Geo Lon: -112.543772 Street Name: Powell Street Suffix: DR MLS Area: Outside Area State/Province: UT Postal Code: 84741 County: Other Township: Kanab Elementary Schools: . Jr. High Schools: . Sr. High Schools: . Tax ID: K-b-7-1, K-6-1, K-38-1-ANNEX, K-47-1 Zoning: Residential Total Taxes: 2804 Tax Year: 2021

General Property Info

Listing Class: Land/Acreage Realtor.com: Land Lot Acres: 275.4 Lot Irregular: No Assoc Dues Period: N/A

Remarks & Misc

Directions: Coming from Zion on HWY 89 stay on Center Street until you reach 300 S. Turn right. Cross the creek and as you crest the 275 acres is on the right. From the Creek all the way to the red mountain.

Status Change Info

Sold Date: 2022-09-01 Under Contract Date: 2022-06-13 Status: Closed Sold Price/Acre: 23955.32

Property Features

Utilities: Culinary, City; Electricity, City; Electricity, Other; Fiber Optic; See Remarks Land Features: Access, Public; Horse Privileges; Road, None; Soil Clay; Soil Loam; Soil Sand; Terrain Flat; Terrain Slope; View City; View Mountains Engineering: Plat Map; Site Plan; Survey Available; Topo/Contour Map Zoning: Residential Terms of Sale: 1031 Exchange; Cash; Conventional; FHA; Submit Any Offer
Listing Office: KW SG Keller Williams Realty
Last Updated: September - 16 - 2022

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.