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!
- 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
- 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
- Elementary School:
- Old Mill
- Elementary School District:
- Tooele
- High School:
- Stansbury
- High School District:
- Tooele
- Middle Or Junior School District:
- Tooele
- Middle School:
- Tooele
- 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
- Tax Annual Amount:
- 4053.0
- 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
- 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
- Platinum Real Estate Professionals
- (435) 250-3355
-
platinum.pros.utah@gmail.com









































