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$10,500,000
1389 E Powerhouse Ln, Moab, UT 84532
0 Beds
0 Baths
n/a SqFt

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Ghost Rock Oasis A clear mountain stream flowing through the desert is a gem beyond value. This 24-acre desert oasis straddles Mill Creek at the base of Ghost Rock, a towering, Wingate Sandstone monolith that defines the opening to Mill Creek Canyon on the eastern edge of Moab Valley. The property spans from Powerhouse Lane, 1000 feet northward across the lush riparian zone, and beyond the canyon rim to the north. The oasis embraces both banks of Mill Creek for 1,000 feet, with private pools, waterfalls, and a manicured riparian forest. There are over 300 mature shade and fruit trees representing 17 different species. Two fully functional homes are situated on the property, both of which could be added on to or remodeled to a size and configuration to match one's imagination. One of the homes is a solid, 900 sq.ft, 2 BR structure built in 1907, added onto during the 1950s uranium boom, and recently remodeled. The other home is a 1200 sq.ft, 2 BR home finished in 2021 designed purposefully with an eye toward adding on to. This newer home is anchored into a bedrock ledge directly above the creek, yet safely away from it during flood stage. Both homes have granite countertops and many distinctive features. Across the creek is a 2-acre elevated bench standing spaciously above it, where codes would allow a clustered development of as many as 21 units if the creek were bridged. The property also hosts a large, developed spring coming directly out of the bedrock through which established pipelines and water distribution systems irrigate over 2 acres of land. (Includes 4 parcels 02-0008-0150, 02-0008-0046, 01-0008-0004, 01-0008-0002)
  • Price:
  • $10,500,000
  • Acreage:
  • 23.96
  • Listing ID #:
  • 1818295
  • Street Address:
  • 1389 E Powerhouse Ln
  • City:
  • Moab
  • State:
  • Utah
  • Postal Code:
  • 84532
  • Listing Status:
  • Active
  • Listing Type:
  • Lots And Land
  • View:
  • Valley
  • Property Taxes:
  • $4,715
30-year Conforming

6.675%

0.032%

30-year FHA

6.438%

0.066%

30-year VA

6.342%

0.006%

Last updated: 9/29/2022
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

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