Price just reduced $500,000! Beautiful area with spectacular views and a Developers dream! Currently in Residential/ Agricultural (R Ag) zoning and can be subdivided. Home has main floor living and has a walkout basement, laundry and kitchenette. Great possibility of in-law or accessory apartment. Comes with two wells and a spring on the property. Some of the most beautiful views in Utah County! Additional 53.58 acres will be available soon. MAKE SURE YOU CHECK OUT THE DRONE VIDEO OF THIS AWESOME PROPERTY! Click on the TOURS at the top of the page, or copy and paste into your browser. https://drive.google.com/drive/folders/1QsjkWZ051CmJ-C554J3L1GZsu5fHiA9n?usp=sharing
Pending
$4,400,000
12975 S Highway 198, Payson, UT 84651
--beds
--baths
64.53Acres
Est.:
Unimproved Land
Built in ----
64.53 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
In-law or accessory apartmentWalkout basementSpectacular viewsTwo wellsSpring on the property
- 229 days |
- 4 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Dennis R DeGraw 801-360-0633,
South Rim Realty
Source: UtahRealEstate.com,MLS#: 2061387
Facts & features
Interior
Features
- Has fireplace: No
Video & virtual tour
Property
Features
- Has view: Yes
- View description: Valley, Trees/Woods, Lake, Mountain(s)
- Has water view: Yes
- Water view: Lake
Lot
- Size: 64.53 Acres
- Features: Gentle Sloping, Steep Slope, Wooded
- Topography: Terrain Grad Slope,Terrain Steep Slope
Details
- Additional structures: Outbuilding
- Parcel number: 300930010
- Zoning: R-AG
- Zoning description: Single-Family, Agricultural
- Horses can be raised: Yes
- Horse amenities: Horse Property
Utilities & green energy
- Sewer: Septic Tank, Sewer: Septic Tank
- Utilities for property: Natural Gas Connected, Electricity Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Payson
Financial & listing details
- Tax assessed value: $871,800
- Annual tax amount: $2,461
- Date on market: 1/28/2025
- Listing terms: Cash
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$2,123/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2025 | Pending sale | $4,400,000 |
Source:  UtahRealEstate.com #2061387 Report a problem | ||
| 8/11/2025 | Price change | $4,400,000-10.2% |
Source: UtahRealEstate.com #2061387 Report a problem | ||
| 3/28/2025 | Price change | $4,900,000-10.9% |
Source: UtahRealEstate.com #2061387 Report a problem | ||
| 1/29/2025 | Listed for sale | $5,500,000 |
Source: UtahRealEstate.com #2061387 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,389 -2.3% | $871,800 -1.3% |
| 2023 | $2,446 +6.1% | $883,000 -2.5% |
| 2022 | $2,305 +8.7% | $906,000 +386.3% |
| 2021 | $2,121 +15.9% | $186,288 -71.4% |
| 2020 | $1,830 +15.3% | $650,700 +43.8% |
| 2019 | $1,587 +6.5% | $452,570 -18.5% |
| 2018 | $1,489 +10.3% | $555,600 +362.6% |
| 2017 | $1,350 | $120,106 +12.6% |
| 2016 | $1,350 +1.5% | $106,689 +3.6% |
| 2015 | $1,331 | $103,011 +0.1% |
| 2014 | $1,331 | $102,900 +8.7% |
| 2013 | -- | $94,655 -13.8% |
| 2012 | -- | $109,774 |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2003 | -- | -- |
| 2001 | $1,061 +8.2% | $238,943 +51.3% |
| 2000 | $980 | $157,978 |
Find assessor info on the county website
Monthly payment
Est. payment
$24,267/mo
Principal & interest
$22690
Property taxes
$1577
More affordability tools
Climate risks
Neighborhood: 84651
Getting around
0 / 100
No Nearby TransitNearby schools
GreatSchools rating
- 7/10Spring Lake SchoolGrades: PK-6Distance: 1.6 mi
- 4/10Payson Jr High SchoolGrades: 7-9Distance: 2.4 mi
- 5/10Payson High SchoolGrades: 6-12Distance: 2.5 mi
Schools provided by the listing agent
- Elementary: Spring Lake
- Middle: Payson Jr
- High: Payson
- District: Nebo
Source: UtahRealEstate.com. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Utah
- Utah County
- Spring Lake
- 84651
- 12975 S Highway 198
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