518 Acres 1384 AF Water, 578 Water Share, Cedar City, UT 84721

Property Description

Exceptional opportunity to own 518.03 acres positioned in the path of Cedar City's future annexation and growth! Approximately 80 acres are zoned R-1 and ready to develop into .25-acre lots, with the remaining acreage zoned A-20. The sale includes an impressive water portfolio: 1,384 ACFT of water rights, with 564 carrying priority dates of 1934 or earlier, plus 578 shares of Coal Creek Irrigation Company water, usable for development at 1/3 ACFT per share. Property improvements include 3 private wells, a large shop, hay barn, and more. Pivot irrigation lines are negotiable. With substantial acreage, valuable water resources, existing improvements, development potential, and a strategic location in Cedar City's path of expansion, this property presents a truly rare investment opportunity.