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1435 Powerhouse Ln

7.95 Acres of Residential Land Offered at $995,000 in Moab, UT 84532

Executive Summary

SELLER FINANCING: Terms- 25% down, 7.5% interest, 5 year balloon.

Property Facts

Price $995,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 7.95 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $995,000
Price Per AC $125,157
Lot Size 7.95 AC

PARCEL B: A PARCEL OF LAND WITHIN NW SEC 8 T26S R22E SLM DESCRIBED AS FOLLOWS: COMMENCING AT A CORNER WHICH BEARS N 0029'00E

Description

MILL CREEK OASIS -The heart of this unique property is the sound of a babbling brook, a perennial stream, spilling through a lush riparian valley. Snow melt flowing down from the La Sal mountains, etching its way through the property's red rock cliffs, fractured sunlight reflected on the water, red rocks contrasting against the endless blue sky, white clouds casting shadows that meander from canyon rim to rim, flickering sunlight filtering through silver-green cottonwood leaves along the creek. This extraordinary property rises from the peaceful sounds of this cascading stream to a crowning series of peaks and rock formations that offer incredible views of surrounding Moab. This is a 7.95-acre desert oasis uniquely situated at the mouth of Moab's crown jewel, the national park-worthy Mill Creek Canyon. With property lines that border Mill Creek Canyon and the surrounding wilderness fed by mountain snow, the heart of this property consists of 1000 feet of lush riparian creek cascading from a misty waterfall to a cool, clear pond, down through a series of private swimming holes nestled in a lush canyon that rises dramatically to the south, where, with building sites along Mill Creek and Powerhouse Lane, Water is abundant; in addition to the creek, there is city water on site, an approved well that produces 6 gallons a minute of irrigation, and the true magic of a developed spring coming directly out of the bedrock through which established pipelines and water distribution systems irrigate over 2 acres of land. The spring has water rights that are the equivalent of irrigating 2.25 acres one foot deep every year. The creekside parcel has sewer, power, and fiberoptic pulled to the site. Offered with the sale are plans for a six bedroom/six bath modern house designed as your spa-style retreat, to accommodate all your gatherings, yoga retreats, as well as a base camp for all your back country adventures. The design was approved by Planning & Zoning and was fully permitted with all impact fees paid and continued engineering is underway to understand strategic development plans. There is no place in Moab blessed with the combination of seclusion, privacy, and development potential. Private water rights, swimming holes, and a private waterfall create an Eden in the desert, only minutes from downtown Moab.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-0008-0045
Land Assessment
$113,955
Improvements Assessment
$0
Total Assessment
$113,955

zoning

Zoning Code RR (Grand County Land Use Code: https://www.codepublishing.com/UT/GrandCounty/#!/GrandCountyLUC/GrandCountyLUC02.html)
RR (Grand County Land Use Code: https://www.codepublishing.com/UT/GrandCounty/#!/GrandCountyLUC/GrandCountyLUC02.html)
  • Listing ID: 29036517

  • Date on Market: 7/18/2023

  • Last Updated:

  • Address: 1435 Powerhouse Ln, Moab, UT 84532

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