• Price cut 9%

2538 N REDWOOD RD, Saratoga Springs, UT 84045

$3,950,000

Originally listed at $4,350,000

Est. $21,830/mo

Acres
3.22
Type
Commercial
Days listed
963

About this home

Presenting 3.22 acres of strategically positioned commercial land, just off the bustling Redwood Road. This expansive parcel sits at the crossroads of 2100 North and Redwood Road, offering unparalleled visibility and accessibility in one of the city's fastest-growing areas.

Agents

Connect with your buyer agent

Get local guidance on this home from Juston.

JP

Salt Lake County Realtor | Smart Real Estate. Lasting Legacy.

KW Utah Realtors Keller Williams (REVO)

20 yrs experience

Salt Lake City, West Valley City
Dedicated buyer representation

Listed by Dan Ford

Colliers International LLC (Wasatch)

MLS #1974200

Your message goes only to Juston.

Schools

Alpine

Home details

Property

Type
Land
Style
Commercial
Stories
0
Condition
Blt./Standing
County
Utah
Zoning
Commercial
MLS #
1974200

Costs

List price
$3,950,000
Original price
$4,350,000
Annual taxes
$4,156
Home warranty
No

Lot and parking

Lot
3.22 ac
Covered spaces
0
Total parking
0
All home details33 details

Property Info

Property Type
Land
Property Style
Commercial
Condition
Blt./Standing
MLS #
1974200
County
Utah
New Construction
No
Stories
0
Total Rooms
0
Lot Size (Acres)
3.22
Lot Size
140,263.2 sq ft
Zoning
Commercial

Financial

List Price
$3,950,000
Original Price
$4,350,000
HOA
No
Annual Taxes
$4,156
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
North Point
Middle School
Vista Heights Middle School
High School
Westlake
Elementary District
Alpine

Timeline

Listed
Jan 5, 2024
Days on Market
963
Status
Active

Saratoga Springs market

Explore Saratoga Springs
  • Saratoga Springs median

    $500,000

    This home: 690% above

  • Days to sell

    79

    Utah: 70

  • Homes for sale

    420

  • Price range

    $273k – $2.59M

  • Sale to list

    99%

  • Market

    Balanced market

SafetyLow Crime · 19.3 incidents per 1,000 residents · 58% below the Utah average

Safety rating 7.8 out of 10.

Violent

4.6

per 1,000 · national 3.6

Property

11.4

per 1,000 · national 17.6

vs Utah

−58%

46.4 per 1,000 statewide

vs Utah

−37%

30.8 per 1,000 countywide

Society

3.3

per 1,000

Population 58,400 · 2024 reports · Local rates use NIBRS; national rates use FBI UCR index crimes, which count fewer offense types.

Common questions

About 2538 N REDWOOD RD, Saratoga Springs, Utah
What is the asking price for 2538 N REDWOOD RD, Saratoga Springs?

2538 N REDWOOD RD, Saratoga Springs is listed at $3,950,000. The original list price was $4,350,000, representing a reduction of $400,000. This listing is currently active and available for showings.

How long has 2538 N REDWOOD RD, Saratoga Springs been on the market?

This property has been listed for 963 days. The average days on market in Saratoga Springs is 79 days, meaning this listing is taking longer than the local average. Extended time on market may present negotiation opportunities for buyers.

What schools serve 2538 N REDWOOD RD, Saratoga Springs?

Assigned schools: Elementary: North Point; Middle: Vista Heights Middle School; High: Westlake. School district: Alpine.

How does this listing compare to the Saratoga Springs market?

2538 N REDWOOD RD, Saratoga Springs is listed at $3,950,000, which is above the Saratoga Springs median of $500,000 by $3,450,000. There are currently 420 active listings in Saratoga Springs. Homes in Saratoga Springs sell in an average of 79 days. The average sale-to-list ratio is 99.4%.

What would homeowner's insurance cost for 2538 N REDWOOD RD, Saratoga Springs?

Homeowner's insurance in Utah typically ranges from 0.3% to 0.5% of the home's value annually. For a home listed at $3,950,000, expect approximately $11,850-$19,750/year ($988-$1,646/month). Get multiple quotes — rates vary significantly by insurer.

Could 2538 N REDWOOD RD, Saratoga Springs be a 1031 exchange property?

Yes, 2538 N REDWOOD RD, Saratoga Springs 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 2538 N REDWOOD RD, Saratoga Springs?

2538 N REDWOOD RD, Saratoga Springs is a Land (Commercial). Zoning: Commercial.

What high school is near 2538 N REDWOOD RD, Saratoga Springs?

The nearest high school is Westlake. View the full school profile on Propaired for test scores, enrollment, and student-to-teacher ratios.

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