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1884 E Shepard Ln, 
Lake Point, UT 84074

$1,499,999

4

Beds

2

Baths

3,000

Sq Ft

Multi-Family

Active

Listed by

Ryan Konen

, 

Charlotte (Carly) Konen

Real Broker, LLC.

Last updated:

August 19, 2026, 11:25 AM

MLS#

2176199

Source:

SL

About This Home

1884 E Shepard Ln

Rare Lake Point duplex on 1.10 acres with mountain views, horse property rights, and no HOA. Major improvements include a new roof in 2019, a new furnace and well motor in 2022. Each unit features a one-car garage, central air, Kinetico-filtered drinking water, and a walkout unfinished basement with a separate exterior entrance, offering future expansion potential. Annual gross income is approximately $48k, with a reported 2025 NOI of $40k. Both units are leased through 2027. The sale includes culinary and irrigation water rights (1.53 WA combined). Conveniently located near I-80 and approximately 25 minutes from Salt Lake City. May be purchased with the nearby 0.18-acre buildable lot. Buyer to verify all information.

Home Facts

Multi-Family

2 Baths

4 Bedrooms

Built in 2001

Subdivision & Development:

THOMASVILLE

Price Summary

1,499,999

$499 per Sq. Ft.

MLS #:

2176199

Last Updated:

August 19, 2026, 11:25 AM

Added:

17 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Interior

Living Area:

3,000 Sq. Ft.

Structure

Structure

Building Area:

3,000 Sq. Ft.

Year Built:

2001

Lot

Lot Size (Sq. Ft):

47,916

Finances & Disclosures

Finances

Price:

$1,499,999

Price per Sq. Ft:

$499 per Sq. Ft.

Source:SL
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.