292 E Jalt Way

$484,999 is for all 5.64 acres! Only $86,000 per acre which is a screaming deal for land with improvements, water rights, and commercial potential in Utah County! Whether you're looking for an investment to buy and hold or build your dream ranch, this is a great opportunity. LOT #1! The Ranches at Cedar Meadows is a beautiful private subdivision in Cedar Fort. Lot #1 is 5.64 acres of land with stunning unobstructed views of the Cedar Valley. Bring your dream home to life in this quiet community- ideal for those looking to enjoy open space, fresh air, and a slower pace of life. With ample room for homesteading, gardens, farm animals, and horses, these lots offer the perfect blend of country charm and practical living. Utilities & Infrastructure: Power and high-speed fiber are stubbed to the lot, making it easy to stay connected while enjoying rural life. Natural gas installation is scheduled for completion by the end of May 2025. Access roads- JALT WAY and private CEDAR MEADOWS LANE- are graded and will be paved for smooth year-round access. Water & Septic: Each parcel includes 1 acre-foot of water rights- roughly three times the average household's yearly usage. Most neighboring lots are open to shared wells, offering cost savings and improved feasibility. Buyers are responsible for installing a septic system and private well when ready to build. Zoning Flexibility & Investment Potential: This 5.64-acre lot includes approximately 3.25 acres with commercial overlay. With the current RA-4 zoning, you have the option to subdivide 1.53 acres for commercial use-leaving the remaining 4 acres for residential or agricultural purposes. Whether you're planning to run a business near home or looking for long-term investment versatility, this lot offers unmatched potential. Peace of Mind & Flexibility: There is no requirement to build, so you can keep the land in agricultural use for as long as you like. All parcels are Greenbelt-eligible, offering potential property tax benefits. Town ordinances do not require curb, gutter, or paved driveways- giving you more freedom in your design choices. Plus, enjoy NO HOA restrictions. Give us a call to snag up your dream land today!