Date
Details
Price
Change
Source
7/07/2025
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/37
$1,500,000
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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!
Full Property Details
Full Property Details for 1884 E Shepard Ln
General
- Price: $1,500,000
- Taxes: $4,053
- Status: Active
- Type: Duplex
- Source: WFR
- MLS ID: 2096777
- Updated: 10/16/2025
- Added to Site: 228 day(s) ago
Interior
- Interior Features: Disposal, Floor Drains, Range/Oven: Free Stdng., Dishwasher: Built-In
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Electric Dryer Hookup
Exterior
- Exterior Features: Bay Box Windows, Double Pane Windows, Walkout
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Total Spaces: 2
Location
- Area: Grantsville; Tooele; Erda; StanP
- County: Tooele
- Subdivision: THOMASVILLE
- Cross Streets: 8000
- Direction Faces: North
School Information
- Elem School District: Tooele
- Midd School District: Tooele
- High School District: Tooele
- Elementary School: Old Mill
- Middle School: Tooele
- High School: Stansbury
Heating & Cooling
- Heating Type: Forced Air, Gas: Central
Utilities
- Sewer: Sewer: Connected
- Water: Culinary, Rights: Owned
- Utility Description: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Stories: 1
- Construction: Aluminum, Brick, Frame
- Exterior Const.: Aluminum, Brick, Frame
- Roof: Asbestos Shingle
- Windows: Blinds
- Square Feet: 2,880
- Living Area: 2,880 Sq. Ft.
- Current Bldg. Use: Residential
- Year Built: 2001
- Property Condition: Blt./Standing
Lot Features
- Property View: Mountain(s)
- Lot Size (Acres): 1.1
- Lot Size (Sq. Ft.): 47,916
- Lot Size: 1.1
- Landscape: Landscaping: Part
- Topography: Sprinkler: Auto-Full, Terrain: Mountain, View: Mountain
- Lot Features: Sprinkler: Auto-Full, Terrain: Mountain, View: Mountain
- Trees/Vegetation: Landscaping: Part
Financial Considerations
- Tax Amount: $4,053
- Terms: Cash, Conventional, Exchange
Disclosures and Reports
- Property ID: 10-027-C-0018
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Schools
Schools serving 1884 E Shepard Ln
School District:Tooele School District
| Name | Grades | Distance |
|---|---|---|
Old Mill School, Tooele, UT 92 Lodestone Way, Tooele, UT 84074 | K-6 | 11 mi |
Clarke N Johnsen Jr High School 2152 North 400 West, Tooele, UT 84074 | 7-8 | 7.8 mi |
Stansbury High School 5300 North Aberdeen Lane, Stansbury Park, UT 84074 | 9-12 | 4.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1884 E Shepard Ln
Estimate the Cost
Estimate the Cost for 1884 E Shepard Ln
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- Single Family
- Active
- Updated 3 days ago
- 5Beds
- 3Total Baths
- 2,606Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 6Beds
- 3Total Baths
- 2,636Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 5Beds
- 4Total Baths
- 3,795Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 3Total Baths
- 4,510Sq. Ft.
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- Single Family
- Active
- Updated 22 hours ago
- 7Beds
- 4Total Baths
- 5,453Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 5Beds
- 3Total Baths
- 2,924Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 5Beds
- 3Total Baths
- 2,665Sq. Ft.
1884 E Shepard Ln, Lake Point, UT 84074 (MLS# 2096777) is a Duplex property with 4 bedrooms and 0 full bathrooms. 1884 E Shepard Ln is currently listed for $1,500,000 and was received on July 07, 2025. Want to learn more about 1884 E Shepard Ln? Do you have questions about finding other Duplex real estate for sale in Lake Point? You can browse all Lake Point real estate or contact a Coldwell Banker agent to request more information.