Potential 38 Lot Subdivision in Mona with Water

Potential 38 Lot Subdivision in Mona with Water
550 N. Old Hwy 91, Mona, UT 84645, USA
For Sale $1,550,000 - Land, Ranch/Farm, Residential
1644090 25.86 Acres

Developers and Home Builders: Potential 38 lot subdivision in North Mona ready to develop at approximately 550 N. State Hwy 91, East side. Desirable, potential half acre lots with animal rights within commuting distance of Utah County. A 38 lot concept plan has been done and shown to City officials with positive feedback, development process has not been started. It comes with 14 shares of Mona Irrigation Co. shares and a 3/4 Mona town share. Mona City would require dedication of .5 irrigation shares per lot and .25 culinary shares per lot which buyer would need to obtain the difference needed. Property is currently raising hay. Property details: 3 contiguous parcels totaling 25.86 acres. 2 parcels are within City limits (12.7 acres XA-132-1411 and 3.15 acres XA-1325-11) and parcel X8-1618-21 10.01 acres would need to be annexed into Mona City. The 2 south parcels are within Mona City and annexation application has been made on the North parcel. Sellers have cleaned-up any lot line issues but are not interested in doing any of the developing.

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