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6835 E 1340 S, Price, UT 84501
$650,000
6835 E 1340 S, Price, UT 84501
Type
SFR
List Price
$650,000
Price/Sqft
$148
Est Gross Yield
4.4%
$28,500/yr est.
Property Details
Description
Exceptional investment and value-add opportunity on approximately 10 acres with significant upside potential. Priced to reflect current condition, this property offers the chance to create substantial equity in a truly unique setting. The estate features a private lake of over one acre, approximately 15 feet deep, with a swim deck for year-round recreation, including fishing and ice skating. Two water shares are included to support the lake and irrigation-an increasingly valuable asset. The home offers strong foundational features, including a spacious layout, large patio with 360-degree views, and a primary suite designed as a private retreat with a fireplace, sitting area, and a unique Habitat unit for steaming and relaxation. With renovation, this property has the potential to compete in a higher-end market segment. Additional improvements include a two-car attached garage, a detached 20x40 (4+ car) garage with 220 power, and a 36x36 barn with six stalls and 220 power-ideal for a variety of uses, including hobby, storage, or equestrian purposes. Distinctive finishes such as Pakistani onyx marble at the entry and Italian marble throughout the primary suite provide a strong foundation for a high-end transformation. Opportunities like this-combining acreage, water, a private lake, and luxury potential-are rare. This property is well-suited for investors or buyers looking to unlock value through renovation and vision. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement.
Listed by Mike Metzger · RE/MAX Bridge Realty
Location
6835 E 1340 S, Price, UT 84501
Proforma
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Cap Rate
2.92%
Cash-on-Cash
-4.70%
Cash Flow
-$954/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 6/19/2026, 7:29:06 AM. 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.