, Garden City, UT 84028
776BD/—BA Residential in Garden City, UT 84028. 2,700 sqft. Built 2024. Listed at $8,300,000. MLS #2002052.
776BD/—BA Residential in Garden City, UT 84028. 2,700 sqft. Built 2024. Listed at $8,300,000. MLS #2002052.
$8,300,000
Rare large-scale development opportunity in the heart of Bear Lake. This 29.3-acre parcel in Garden City is fully entitled and approved for 194 residential units with nightly rental zoning already in place, offering a true shovel-ready opportunity for developers looking to move quickly in a high-demand destination market. Ideally positioned with direct access to the adjoining golf course and surrounded by lake, mountain, and valley views, the property supports a wide range of development possibilities including resort-style living, short-term rentals, or a thoughtfully planned residential community. Infrastructure has already been initiated with road construction completed for 29 pads, utilities available, and water shares included. Priced at less than $43,000 per door, this offering represents one of the most compelling cost-per-unit opportunities currently available in the Bear Lake area. With entitlements secured and strong year-round tourism demand, this is a rare chance to develop at scale in a rapidly growing recreation market. Contact agent for full development package, approvals, and due diligence materials.
Property Type
Residential
Property Style
> 4 Units
Subdivision
SWEETWATER RESORT
County
Rich
Lot Size
29.3 sq ft
MLS #
2002052
Property Type
Residential
Property Style
> 4 Units
Subdivision
SWEETWATER RESORT
County
Rich
Lot Size
29.3 sq ft
MLS #
2002052
List Price
$8,300,000
Original Price
$7,760,000
Annual Taxes
$5,116
Home Warranty
No
List Price
$8,300,000
Original Price
$7,760,000
Annual Taxes
$5,116
Home Warranty
No
Water Source
Culinary
Sewer
Sewer: Available
Water Source
Culinary
Sewer
Sewer: Available
Covered Spaces
0
Total Parking
0
Covered Spaces
0
Total Parking
0
Classification
Standard
Deal Score
45/100
vs Market Median
1254% above
Area Growth (YoY)
4.6%
Deal Score Breakdown
45/100
4.6% year-over-year ZHVI growth in this area
Priced 1254% above the per-subtype city median
No price reduction from original list
Rental estimate unavailable
Not enough comparable listings
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
$670,000
+1139% vs median
135 days
180
$72,150 – $4,400,000
$5,116
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