5934 S Cougar Ln W, Kearns, UT 84118
- $2,500,000
- 10
- BD
- 12
- BA
- 9,020
- SqFt
- List Price
- $2,500,000
- Status
- ACTIVE
- MLS#
- 2170161
- Days on Market
- 43
- Year Built
- 1979
- Bedrooms
- 10
- Bathrooms
- 12
- Square Feet
- 9,020
- Parcel Number
- 20-13-426-067
- Acres
- 1.44
- Terms
- Cash, Conventional, Exchange, FHA, VA Loan
- County
- Salt Lake
- Region
- Magna; Taylrsvl; WVC; SLC
Property Description
Unmatched 1.44-Acre Olympic-Adjacent Development OpportunityPosition your next project at the epicenter of Utah's upcoming global stage. Situated directly next door to the renowned Kearns Ice Oval and minutes from the South Valley Regional Airport, this expansive 1.44-acre compound offers a rare, high-yield opportunity perfectly timed for the 2034 Utah Winter Olympics.The Property:Two Substantial Structures: Totaling 9,020 sq. ft. of premium real estate (4,510 sq. ft. per building).Architectural Heritage: Designed by world-famous mid-century modern architect Ron Molen, preserving iconic living spaces and timeless aesthetic appeal.Bonus Infrastructure: Two extra-large storage buildings equipped with rare, full-sized basements.Endless Potential & Strategic Timing:Currently configured as 6 updated, income-producing multi-family units, the property offers immediate cash flow. However, the true value lies in its future. The Kearns Council has shown strong enthusiasm for mixed-use or commercial rezoning to align with the city's aggressive pre-Olympic revitalization goals. Whether you envision a developer's dream mixed-use project, specialized athlete housing, or reviving its history as a premier residential treatment facility, the possibilities here are Olympic-sized.Opportunities of this scale and location are vanishingly rare. Available to show by appointment only. Secure your stake in Utah's future before it slips away. Square footage figures are provided as a courtesy estimate only and were obtained from county . Buyer to verify all, is advised to obtain an independent measurement.
Additional Information
- Taxes
- $1
- Exterior Features
- Out Buildings, Lighting, Porch: Open, Patio: Open
- Interior Features
- Den/Office, Disposal, Great Room, Kitchen: Second, Mother-in-Law Apt., Range/Oven: Free Stdng., Vaulted Ceilings, Dishwasher: Built-In
- Floor
- Carpet, Laminate, Linoleum
- Heating
- Forced Air, Gas: Central
- Roof
- Asphalt, Flat, Pitched, Membrane
- School District
- Granite
- Elementary School
- Beehive
- Middle School
- Thomas Jefferson
- High School
- Kearns
- Style
- Stories: 1
- Living Area
- 9,020
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Listing courtesy of Platinum Place Realty.
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