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

$33,600,000

Property Type: Commercial Square Footage: 4,000 Lot Size (sq. ft.): 22,577,148 Status: Active

Current Price: $33,600,000 List Date: 10/02/2026 Last Modified: 10/19/2026

Overview

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.

Listing Details MLS# 26-276758

Location, Tax & Legal

House Number: 518 Acres
Street Name: 1384 AF Water, 578 Water Share
MLS Area: Outside Area
State/Province: UT
Postal Code: 84721
County: Iron
Tax ID: 0138922

Contract Info

Offering Type: Sale
Original List Price: 33600000
List Price/SqFt: 8400
Short Sale Status: No

General Property Info

Listing Class: Other - See Remarks
Realtor.com: Commercial
Lot Acres: 518.3
Total SqFt: 4000
Available SqFt: 4000
# of Floors: 2
Year Built: 2021

More Information

Property Features

Type of Property: Mixed Use; Other - See Remarks Site Description: Owner Occupied; Other - See Remarks Construction: Other - See Remarks Showing Instructions: Call Listing Agent Zoning: Agricultural; Mixed Zoning; Residential Possession: Close Of Escrow

Listing Office: ERA Realty Center

Last Updated: October - 19 - 2026

Information deemed reliable but not guaranteed.