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Homes For Sale in Kearns, Utah

Hot Kearns Properties

$2,500,000
2183957 MLS
Generational land-banking and premier urban infill redevelopment opportunity positioned directly in the path of the 2034 Olympic legacy expansion. Encompassing 1.44 contiguous acres (62,726 Total Lot Square Feet)($39.83 per sq ft), this premier land parcel features an unmatched location profile: the south edge sits on a commanding corner lot at 4800 W Cougar Lane and Stone Ledge Cove, while the entire north border directly aligns with the beautiful city park next door to the world-renowned Utah Olympic Oval. Offered at an attractive land basis of $39.83 per square foot ($1,736,111 per acre), this rare gateway site represents the ultimate "Covered Land Play." The property is currently zoned as residential multifamily and features two homes with 5934 S & 5930 S with 6 updated condo style units encompassing a total of 10 bedrooms and 12 bathrooms, complemented by two substantial outdoor two-level storage units. This turnkey configuration is fully occupied and generates a steady $11,500 in monthly gross revenue ($138,000 annualized). This reliable, in-place cash flow allows an incoming developer to comfortably absorb the property's standard operating outlays and carrying costs, while navigating the engineering and municipal zoning and entitlement phases. Conceptual architectural design drawings to scale the site into a high-density mixed use / residential multifamily condo complex have earlier been discussed with municipal planning officials, receiving enthusiastic preliminary interest and pro-growth support for community housing revitalization. Review the attached conceptual drawings to see the immense potential for an expansive mixed-use retail / condominium block or high-density luxury townhome footprint that blends seamlessly with the adjacent park. Flat, clear topography perfectly suited for the global spotlight of the 2034 Olympic cycle, with rapid logistical access to 5400 South, South Valley Regional Airport, and Salt Lake City International Airport. Owner agent. Property is actively occupied and requires at least 24 hours showing notice; please do not disturb tenants. Square footage figures are provided as a courtesy estimate only and was obtained from County. Buyer to verify all info, and is also advised to obtain an independent measurement.

5934 S Cougar Ln W, Kearns

$2,500,000
2183928 MLS
Generational land-banking and premier urban infill redevelopment opportunity positioned directly in the path of the 2034 Olympic legacy expansion. Encompassing 1.44 contiguous acres (62,726 Total Lot Square Feet)($39.83 per sq ft), this premier land parcel features an unmatched location profile: the south edge sits on a commanding corner lot at 4800 W Cougar Lane and Stone Ledge Cove, while the entire north border directly aligns with the beautiful city park next door to the world-renowned Utah Olympic Oval. Offered at an attractive land basis of $39.83 per square foot ($1,736,111 per acre), this rare gateway site represents the ultimate "Covered Land Play." The property is currently zoned as residential multifamily and features two homes with 5934 S & 5930 S with 6 updated condo style units encompassing a total of 10 bedrooms and 12 bathrooms, complemented by two substantial outdoor two-level storage units. This turnkey configuration is fully occupied and generates a steady $11,500 in monthly gross revenue ($138,000 annualized). This reliable, in-place cash flow allows an incoming developer to comfortably absorb the property's standard operating outlays and carrying costs, while navigating the engineering and municipal zoning and entitlement phases. Conceptual architectural design drawings to scale the site into a high-density mixed use / residential multifamily condo complex have earlier been discussed with municipal planning officials, receiving enthusiastic preliminary interest and pro-growth support for community housing revitalization. Review the attached conceptual drawings to see the immense potential for an expansive multi-use retail / condominium block or high-density luxury townhome footprint that blends seamlessly with the adjacent park. Flat, clear topography perfectly suited for the global spotlight of the 2034 Olympic cycle, with rapid logistical access to 5400 South, South Valley Regional Airport, and Salt Lake City International Airport. Owner agent. Property is actively occupied and requires at least 24 hours showing notice; please do not disturb tenants. Square footage figures are provided as a courtesy estimate only and was obtained from County. Buyer to verify all info, and is also advised to obtain an independent measurement.

5934 S Cougar Ln Unit 5930, Kearns

$2,500,000
10 Beds 12 Baths 2170161 MLS
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.

5934 S Cougar Ln W, Kearns

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