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$45,000,000
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Property Description
210 Acres with Provo River Frontage, Resort, Commercial and Residential Zoning.
CBRE is pleased to present a rare opportunity to purchase 210 acres nestled between the Provo River and the growing city of Midway, Utah. This property not only has amazing views of Mt. Timpanogos and the surrounding valley, it also has multiple options for development, including Resort, Commercial and Residential.This expansive 210-acre property consists of 11 parcels, each a lot of record, in Wasatch County, currently zoned as A-20, with the southern 160 acres designated for resort development and the northern 50 acres designated as RA-1-43 in the Midway City General Plan. Each parcel has a Lot of Record Certificate, ensuring their legal standing for developing beautiful, secluded estate lots. All or part of the property could be annexed into Midway City, increasing the development potential.RZ Resort Zone (Approximately 160 acres located within this zone) Commercial/Retail - 20% of the gross floor area must be commercial. 25% of the commercial area must be these uses: Retail Alcohol Dispensing Establishments (with local consent) Photo, Art, Craft galleries, and retail showrooms Cafes and restaurants Private Clubs & Taverns Hotels / Nightly Rentals - 30% gross floor area must be Hotels or Nightly Rentals (prohibiting rentals longer than 30 days). Stimulates collection of transient room tax (hotel tax). Long Term Rentals - 10% of gross floor area can be long-term rentals. - Apartments are NOT permitted - Build for rent possibilityRA-1-43 (Residential Agricultural Zone) 50 to 210 acres One lot per acre density - Possibility to cluster density if you apply for a large-scale development plan and PUD.Parcels: 00-0008-5253, 00-0008-5360, 00-0008-5030, 00-0008-5436, 00-0008-5428, 00-0008-5402, 00-0008-6590, 00-0008-7077, 00-0008-6616, 00-0008-6608, 00-0008-6640206.79 Midway Irrigation Class I water shares
Full Property Details
Full Property Details for 225 E 850 S
General
- Price: $45,000,000
- Taxes: $134 (2024)
- Status: Active
- Type: Lots/Land
- Source: ParkCity
- MLS ID: 12502429
- Updated: 6/11/2025
- Added to Site: 37 day(s) ago
Additional Information
- Ranch Amenities: Partial Irrigation, River
- Recreation: Creek/River Front
Location
- Area: Heber and Midway
- County: Wasatch
- Subdivision: Commercial Land
School Information
- School District: Other
Utilities
- Sewer: None
- Water: Irrigation
- Utility Description: None
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Property View: Meadow, Valley, River, Mountain(s)
- Lot Size (Acres): 210
- Lot Size Source: Public Records
- Frontage: Public, Private Road
- Lot Description: Level, Natural Vegetation
Financial Considerations
- Price Per Acre: $214,285.71
- Tax Amount: $134
- Tax Year: 2024
Disclosures and Reports
- APN: 00-0008-5253
Listed by CBRE, Inc
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Schools
Schools serving 225 E 850 S
School District:Wasatch District
Name | Grades | Distance |
---|---|---|
Midway Elementary School 225 S 100 E, Midway, UT 84049 | PK-4 | 0.7 mi |
Rocky Mountain Middle School 800 School House Way, Heber City, UT 84032 | 6-8 | 2.1 mi |
Wasatch High School 930 S 500 E, Heber City, UT 84032 | 9-12 | 3.2 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 225 E 850 S
Date
Details
Price
Change
Source
6/11/2025
Listed
$45,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 225 E 850 S
Year
Property Taxes
Change
Tax Assessment
Change
2024
$134
-87%
$4,019,166
62%
2023
$1,056
-7%
$2,484,166
—
2022
$1,140
-40%
$2,490,166
115%
2021
$1,909
-3%
$1,160,665
—
2020
$1,968
-87%
$1,160,665
12%
2019
$15,709
747%
$1,037,500
532%
2018
$1,854
8%
$164,035
8%
2017
$1,711
-44%
$151,510
-43%
2016
$3,046
6%
$264,246
—
2015
$2,868
—
$264,108
-77%
2014
$2,864
-5%
$1,137,491
—
2013
$3,000
—
$1,137,491
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 225 E 850 S
225 East 850 South, Midway, UT 84049 (MLS# 12502429) is a Lots/Land property with a lot size of 210.00 acres. 225 East 850 South is currently listed for $45,000,000 and was received on June 11, 2025. Want to learn more about 225 East 850 South? Do you have questions about finding other Lots/Land real estate for sale in Midway? You can browse all Midway real estate or contact a Coldwell Banker agent to request more information.