250 W ERDA WAY, Erda, UT 84074
$21,000,000
Est. $114,397/mo
- Acres
- 276
- Type
- Residential
- Days listed
- 3
About this home
The Erda Development Land & Water Rights includes 276 acres of prime development land, and 260 Acre-Feet of incredibly valuable water rights, centrally located in the city of Erda and the rapidly growing Tooele County. The 276 acres is located in two large tracts. The southern tract of land comprises 181.88 acres and is located along both sides of Erda Way, less than 0.5 miles west of State Road 36. The northern tract is 94.56 acres, and is located on Bates Canyon Road about 1.3 miles west of State Road 36. Zoning on the southern tract is a mix of RR-1 and RR-5, and the northern tract is zoned entirely RR-5, under Erda City jurisdiction. There are 7 different water rights totaling 260.1 acre-feet of water by volume. Water is in very short supply in this area, making these water rights highly sought after by developers. A water rights assessment was recently completed by a Utah water rights attorney, and the report can be made available to serious and qualified buyers. Please visit A5 Real Estate's website for more information, an interactive map of the property, and to download a detailed information package.
Agents
Connect with your buyer agent
Get local guidance on this home from Juston.
Salt Lake County Realtor | Smart Real Estate. Lasting Legacy.
20 yrs experience
Listed by David Anderson
A5 Real Estate
MLS #2153002
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Schools
- None/Other
Elementary
- None/Other
Middle School
- None/Other
High School
Home details
Property
- Type
- Land
- Style
- Residential
- Stories
- 0
- Condition
- Blt./Standing
- County
- Tooele
- Zoning
- Single-Family
- MLS #
- 2153002
Costs
- List price
- $21,000,000
- Annual taxes
- $2,190
- Home warranty
- No
Lot and parking
- Lot
- 276 ac
- Covered spaces
- 0
- Total parking
- 0
All home details32 details
Property Info
- Property Type
- Land
- Property Style
- Residential
- Condition
- Blt./Standing
- MLS #
- 2153002
- County
- Tooele
- New Construction
- No
- Stories
- 0
- Total Rooms
- 0
- Lot Size (Acres)
- 276.44
- Lot Size
- 12,041,726.4 sq ft
- Zoning
- Single-Family
Financial
- List Price
- $21,000,000
- Original Price
- $21,000,000
- HOA
- No
- Annual Taxes
- $2,190
- Home Warranty
- No
Lot & Land
- Waterfront
- No
- Horse Property
- No
Parking
- Garage
- No
- Carport
- No
- Covered Spaces
- 0
- Total Parking
- 0
- ADU
- No
Amenities
- Fireplace
- No
- Pool
- No
- Spa/Hot Tub
- No
Schools
- Elementary
- None/Other
- Middle School
- None/Other
- High School
- None/Other
Timeline
- Listed
- Apr 23, 2026
- Days on Market
- 3
- Status
- Active
Erda market
Explore ErdaErda median
$834,990
This home: 2415% above
Days to sell
75
Utah: 70
Homes for sale
34
Price range
$536k – $1.69M
Sale to list
98%
Market
Balanced market
Common questions
About 250 W ERDA WAY, Erda, UtahWhat is the asking price for 250 W ERDA WAY, Erda?
250 W ERDA WAY, Erda is listed at $21,000,000. This listing is currently active and available for showings.
How long has 250 W ERDA WAY, Erda been on the market?
This property has been listed for 3 days. The average days on market in Erda is 75 days, meaning this listing is moving faster than the local average. This is a fresh listing — act quickly if interested.
What schools serve 250 W ERDA WAY, Erda?
Assigned schools: Elementary: None/Other; Middle: None/Other; High: None/Other.
How does this listing compare to the Erda market?
250 W ERDA WAY, Erda is listed at $21,000,000, which is above the Erda median of $834,990 by $20,165,010. There are currently 34 active listings in Erda. Homes in Erda sell in an average of 75 days. The average sale-to-list ratio is 98.3%.
What would homeowner's insurance cost for 250 W ERDA WAY, Erda?
Homeowner's insurance in Utah typically ranges from 0.3% to 0.5% of the home's value annually. For a home listed at $21,000,000, expect approximately $63,000-$105,000/year ($5,250-$8,750/month). Get multiple quotes — rates vary significantly by insurer.
Could 250 W ERDA WAY, Erda be a 1031 exchange property?
Yes, 250 W ERDA WAY, Erda could potentially qualify for a 1031 like-kind exchange if used as an investment or business property. A 1031 exchange allows deferral of capital gains taxes by reinvesting proceeds from one investment property into another. Key requirements include identifying a replacement property within 45 days and closing within 180 days. The property must be held for investment purposes — personal residences do not qualify. Consult a qualified intermediary and tax advisor for specific guidance.
All 8 questions
What type of property is 250 W ERDA WAY, Erda?
250 W ERDA WAY, Erda is a Land (Residential). Zoning: Single-Family.
What high school is near 250 W ERDA WAY, Erda?
The nearest high school is None/Other. View the full school profile on Propaired for test scores, enrollment, and student-to-teacher ratios.
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