Property Description

Rare Lake Point Duplex with Acreage, Mountain Views & Horse Property Rights. Discover a rare investment or house-hack opportunity in beautiful Lake Point! This charming 1.10-acre duplex offers the freedom of no HOA, horse property rights, and incredible potential-live in one unit and rent out the other, or keep both as part of your growing portfolio. Built in 2001 and lovingly maintained by the original owners, each unit includes a one-car garage, central air and heat, and Kinetico filtered water at the kitchen sink, plus a shared water softener. Both units feature walkout unfinished basements with exterior entries-a rare setup that provides the opportunity to finish and add even more rental income down the road. Enjoy peaceful, rural living with open mountain views and plenty of space for animals, trailers, or future development. The City of Lake Point may allow an ADU on the excess land in the future (buyer to verify). You’ll love being just 25 minutes from Salt Lake City, with easy I-80 access, Lake Point Park nearby, and a bus stop less than half a block away. This property is one of only five grandfathered duplexes in Lake Point-a true limited inventory gem. Annual gross income is approximately $44,590, with a 2024 NOI of $38,600 and both leases secured through 2026. The sale includes two separate water rights for culinary and irrigation use. This duplex may be sold alone or alongside the nearby 0.18-acre buildable lot (MLS# 2096867), making it ideal for investors or those pursuing a 1031 exchange. Don’t miss this chance to own one of Lake Point’s rare multi-unit properties!

Features
Heating System:
Forced Air, Gas: Central
Architectural Style:
Stories: 1
Exterior Features:
Double Pane Windows, Bay Box Windows, Walkout
Flooring:
Carpet, Tile
Interior Features:
Disposal, Range/Oven: Free Stdng., Floor Drains, Dishwasher: Built-In
Laundry Features:
Electric Dryer Hookup
Sewer:
Sewer: Connected
Utilities:
Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
Window Features:
Blinds
Address Map
Country:
US
State:
UT
County:
Tooele
City:
Lake Point
Zipcode:
84074
Street:
SHEPARD
Street Number:
1884
Street Suffix:
LN
Longitude:
W113° 44' 13.2''
Latitude:
N40° 40' 50.8''
Direction Faces:
North
Mls Area Major:
Grantsville; Tooele; Erda; StanP
Street Dir Prefix:
E
Zoning:
Multi-Family
Neighborhood
Elementary School:
Old Mill
Elementary School District:
Tooele
High School:
Stansbury
High School District:
Tooele
Middle Or Junior School District:
Tooele
Middle School:
Tooele
Additional Information
Lot Size Dimensions:
0.0x0.0x0.0
Water Source:
Culinary, Rights: Owned
Virtual Tour:
https://listings.promedia-co.com/1884-Shepard-Ln-Tooele-UT-84074-USA?mls=
Video Url:
https://listings.promedia-co.com/1884-Shepard-Ln-Tooele-UT-84074-USA?mls=
On Market Date:
2025-06-23
Number Of Units Total:
2
Lot Features:
View: Mountain, Terrain: Mountain, Sprinkler: Auto-Full
Garage:
2.0
Current Use:
Residential
Construction Materials:
Aluminum, Brick, Frame
Building Size:
2880
Attached Garage Yn:
1
Financial
Tax Annual Amount:
4053.0
Listing Information
Co List Agent Full Name:
Charlotte (Carly) Konen
Co List Agent Mls Id:
4025652
Co List Office Mls Id:
71477
Co List Office Name:
Real Broker, LLC
List Agent Mls Id:
4023761
List Office Mls Id:
71477
Listing Term:
Cash, Conventional, Exchange
Mls Status:
Active
Modification Timestamp:
2026-03-30T15:07:33Z
Originating System Name:
WFRMLS

Residential For Sale

1884 E Shepard Ln, Lake Point, Utah 84074

4 Bedrooms
2 Bathrooms
2,880 Sqft
$1,500,000
Listing ID #2096777
Basic Details
Property Type :
Residential
Listing Type :
For Sale
Listing ID :
2096777
Price :
$1,500,000
View :
Mountain(s)
Bedrooms :
4
Bathrooms :
2
Square Footage :
2,880 Sqft
Year Built :
2001
Lot Area :
1.10 Acre
Status :
Active
Office Name :
Real Broker, LLC
Agent Name :
Ryan Konen
Listing Status :
Active
Property Sub Type :
Duplex
Roof:
Asbestos Shingle
Agent info
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