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1811 SHEPARD LN, Lake Point, UT 84074
$514,500
1811 SHEPARD LN, Lake Point, UT 84074
Type
SFR
List Price
$514,500
Price/Sqft
$282
Est Gross Yield
5.4%
$27,684/yr est.
Property Details
Description
Beautifully updated 4-bedroom, 2-bath home offering modern finishes and incredible future potential! Recent updates include a remodeled kitchen, renovated bathrooms, new carpet, fresh interior paint, and updated lighting, creating a move-in-ready space you'll love. Situated on a spacious lot with mature trees, this property offers room to enjoy today while providing exciting opportunities for tomorrow. A 9' x 10' storage shed adds convenient extra storage. Included with the sale are plans for an additional 2-bedroom, 2-bath dwelling unit with an attached 2-car garage, making this an exceptional investment opportunity for future rental income, multigenerational living, or expanded property value. Plans for lot were previously approved by Lake Point city, but will need to be obtained again due to time lapse. Seller is participating in a 1031 Exchange at no cost or liability to the buyer. Buyer agrees to cooperate with the exchange, including signing any necessary documents, provided such cooperation does not result in additional cost, expense, delay, or liability to the buyer. Whether you're looking for a beautifully updated home or a property with outstanding investment potential, this one is a must-see! Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.
Listed by Jessica Cannon · Equity Real Estate (Tooele)
Location
1811 SHEPARD LN, Lake Point, UT 84074
Proforma
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Cap Rate
3.58%
Cash-on-Cash
-2.93%
Cash Flow
-$471/mo
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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.
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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 7/22/2026, 9:12:16 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.