1-Acre Lot in Cove Acres, UT

About This Property

Owner financing: $99 down plus a $195 document fee. Financed price $14,975. Term options: 1 year at 0% ($1,239.67/mo); 2 years at 9% ($679.61/mo); 3 years at 9% ($473.05/mo); 5 years at 9% ($308.80/mo); 7 years at 9% ($239.34/mo); 11 years at 9% ($177.93/mo). Pay-in-full price: $13,477.50 (10% cash discount). Per the seller, no business or commercial use is allowed while the property is under a loan contract. This tremendous pair of adjoining lots is in the middle area of Cove Acres, just over half a mile north of Bluebell Road. Power runs along the west side of these properties, following Willow Street. You can combine these two lots to have an approximately 1 acre property, large enough to apply for a building permit. You can also choose to use them for temporary camping or RVing while holding them for investment. Zoned A-5, click here for zoning information. Cove Acres has an exemption so that you only need a minimum of 1 acre to apply for a building permit, not 5 acres. You will probably need a water well if you want to build a residence. Call the county's planning department at 435-738-1152 with any questions regarding building or land usage. For questions regarding electric service you can call the Moon Lake Electric Association at 435-722-5400. The county's Property ID numbers for these lots are CAS-0747 and CAS-0748. The existing trail roads provide access. You can choose to leave them as they are or you can grade along Willow Street if you decide to do so. Land prices in Utah are up and you can expect them to keep going. Buy now while this is still affordable cheap land.

Location

Cove Acres, Lots 747 & 748, Duchesne County, UT

Owner Finance Terms

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YourCheapLand is a family-owned business specializing in undeveloped land in the American Southwest, with lots in Arizona, New Mexico, Texas, Utah, Colorado and Oklahoma. Owner financing is what they are best known for: most lots can be bought with $99 down, with terms from 1 year at 0% to longer terms at 9%. The land suits off-grid homesteads, cabins, tiny homes, RVs, camping, hunting and recreation. Contact Mike and Samantha for details on any property.