Question 1

What is the asking price for 6800 1200, Preston?

Accepted Answer

6800 1200, Preston is listed at $3,600,000. The original list price was $4,500,000, representing a reduction of $900,000. This listing is currently active and available for showings.

Question 2

What type of property is 6800 1200, Preston?

Accepted Answer

6800 1200, Preston is a Farm.   Zoning: Single-Family, Agricultural.

Question 3

Is there an HOA for 6800 1200, Preston?

Accepted Answer

No, this property is not part of a homeowners association, which means no monthly HOA fees. Homeowners maintain full control over their property without HOA restrictions or assessments.

Question 4

What are the property taxes for 6800 1200, Preston?

Accepted Answer

Annual property taxes for this property are approximately $2,000 (about $167/month). This represents an effective tax rate of approximately 0.06% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 5

What are the key features of 6800 1200, Preston?

Accepted Answer

Exterior features include: Barn, Out Buildings, Silo.

Question 6

How long has 6800 1200, Preston been on the market?

Accepted Answer

This property has been listed for 55 days. The average days on market in Preston is 135 days, meaning this listing is moving faster than the local average.

Question 7

Is 6800 1200, Preston suitable for horses?

Accepted Answer

Yes, this property is tagged as equestrian-friendly. The MLS listing confirms horse keeping is permitted. The 355-acre lot provides space for pasture and facilities. Check with the local municipality for any animal keeping permits required.

Question 8

How does this listing compare to the Preston market?

Accepted Answer

6800 1200, Preston is listed at $3,600,000, which is above the Preston median of $400,000 by $3,200,000. There are currently 37 active listings in Preston. Homes in Preston sell in an average of 135 days. The average sale-to-list ratio is 97.4%.

Question 9

What is the Preston real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Preston is $400,000. There are currently 37 active listings. Homes sell in an average of 135 days. The average sale-to-list ratio is 97.4%. This listing at $3,600,000 is above the Preston 2026 median.

Question 10

Are there other homes for sale in Preston?

Accepted Answer

Yes — there are currently 37 active listings in Preston. Browse all Preston homes for sale at propaired.ai/listings/id/preston. Prices range around a median of $400,000. Homes in Preston are selling in about 135 days on average.

Question 11

How does this price compare to the Utah state average?

Accepted Answer

At $3,600,000, this property is above the Utah state median of $510,000 by $3,090,000. Preston prices are 22% below the state average. Utah's housing market varies significantly by region — front-range cities near SLC are typically more expensive than rural areas.

Question 12

What would homeowner's insurance cost for 6800 1200, Preston?

Accepted Answer

Homeowner's insurance in Utah typically ranges from 0.3% to 0.5% of the home's value annually. For a home listed at $3,600,000, expect approximately $10,800-$18,000/year ($900-$1,500/month).   Get multiple quotes — rates vary significantly by insurer.

Question 13

What are the estimated closing costs for 6800 1200, Preston?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $3,600,000, expect approximately $72,000-$180,000 in closing costs. This includes title insurance, escrow fees, lender fees, recording fees, and prepaid items (insurance, taxes). Buyers should also budget for a home inspection ($300-$500), appraisal ($400-$600), and any lender-required reserves.

Question 14

How does the property tax compare to the list price at 6800 1200, Preston?

Accepted Answer

The annual property tax of $2,000 represents an effective rate of 0.06% relative to the list price of $3,600,000. This is below the Utah average effective rate of approximately 0.58%, which is favorable for the buyer. Property taxes in Utah are assessed by the county and can change when the property is sold.

Question 15

Is 6800 1200, Preston eligible for FHA or VA financing?

Accepted Answer

At $3,600,000, this property may exceed standard FHA loan limits and could require a conventional or jumbo loan. VA loans have no price cap but require VA eligibility.    Consult a mortgage lender for personalized eligibility.

Question 16

Could 6800 1200, Preston be a 1031 exchange property?

Accepted Answer

Yes, 6800 1200, Preston could potentially qualify for a 1031 like-kind exchange if used as an investment or business property. A 1031 exchange allows deferral of capital gains taxes by reinvesting proceeds from one investment property into another. Key requirements include identifying a replacement property within 45 days and closing within 180 days. The property must be held for investment purposes — personal residences do not qualify. Consult a qualified intermediary and tax advisor for specific guidance.

Question 17

What is the price trend in Preston?

Accepted Answer

Preston's median price has decreased 27.9% month-over-month. Current median: $400,000. Days on market have decreased by 76.1% month-over-month. Homes are selling at 97.4% of list price on average. Monitor these trends to time your offer strategically.

Question 18

Is 6800 1200, Preston move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 19

Does 6800 1200, Preston come with a home warranty?

Accepted Answer

No home warranty is currently included with this property. Buyers can request a home warranty as part of the purchase negotiation — they typically cost $400-$700/year and cover major systems and appliances. This is especially valuable for older homes.

Question 20

What is the lot like at 6800 1200, Preston?

Accepted Answer

The lot is 355 acres. Lot features: Terrain: Grad Slope,Terrain: Flat.    Lot characteristics affect usability, privacy, and future improvement potential.

Question 21

What utilities are available at 6800 1200, Preston?

Accepted Answer

Available utilities include: Electricity Connected.   Utility costs in Utah vary by season — expect higher heating bills in winter and cooling costs in summer. Contact local utility providers for average monthly cost estimates for this address.

6800 1200, Preston, ID 83263

6800 N 1200 W, Preston, ID 83263

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