After nearly two decades of ownership, this exceptional waterfront property is being offered
for sale for the first time. Ideally positioned within the community, it presents a rare
opportunity to build a custom lakefront estate while enjoying the extensive improvements
already in place.
Thoughtfully planned with future construction in mind, the property includes a strategically
located garage with an upper loft, allowing owners to comfortably use the site while
building their dream home. The structure is equipped with a bathroom, outdoor shower,
and kitchenette, providing a functional and convenient retreat during the construction
process. The private dock features a low-maintenance boat lift system, while
professionally designed landscaping and artificial turf along the shoreline create an
attractive waterfront setting. With all major utilities already installed and available, the lot
is well prepared for future development.
Perfectly positioned near the center of the community, the property provides easy access
to the south ski lake, the recreational lake, and a wakeboard cable park located directly
across the street. The cable park is one of only a handful in Utah, featuring night lights to
keep the action going after dark. This offers a unique amenity that sets this community
apart and provides year-round appeal for water sports enthusiasts. The main lake also
features dedicated night lights, allowing for the rare and thrilling experience of night surfing.
Additionally, the community boasts pristine pickleball courts and volleyball courts, both
fully equipped with night lights for evening recreation.
Beyond the lakes, residents enjoy access to a motocross track, paintball course, and
expansive surrounding BLM land ideal for off-road vehicles, side-by-sides, ATVs, hiking,
shooting, and countless other outdoor activities. Under the HOA guidelines, ownership
includes one lake rotation and lake access privileges, creating an exceptional balance of
exclusivity, recreation, and investment potential. Land only with a 2 car garage with a finished loft above. Kitchenette, outside shower and bathroom.
For sale by owner
$1,200,000
1295 W Last Chance Ln, Vernon, UT 84080
1beds
250sqft
Unknown
Built in 2008
-- sqft lot
$669,200 Zestimate®
$4,800/sqft
$625/mo HOA
What's special
Waterfront propertyPrivate dockOutdoor showerLow-maintenance boat lift systemProfessionally designed landscaping
What the owner loves about this home
Private lake property, build your dream lake front house and enjoy a cable lake, surf lake and ski lake all from your back door. Semi-remote yet still close enough to Utah County to enjoy a quick ski or surf weekend and not have to drag your boat out when it sits on a private lift.
- 7 hours
- 21
- 2
Listed by:
Property Owner (801) 918-9750
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Other, Propane / Butane
Cooling
- None
Interior area
- Total interior livable area: 250 sqft
Property
Parking
- Parking features: Garage
Lot
- Size: 0.95 Acres
Details
- Parcel number: 1607200010
Construction
Type & style
- Home type: Unknown
Condition
- New construction: No
- Year built: 2008
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $625 monthly
Location
- Region: Vernon
Financial & listing details
- Price per square foot: $4,800/sqft
- Tax assessed value: $458,346
- Annual tax amount: $4,794
- Date on market: 9/19/2026
Estimated market value
$669,200
$582,000 - $783,000
$3,964/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/19/2026 | Listed for sale | $1,200,000$4,800/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,794 -12.5% | $458,346 -2.3% |
| 2024 | $5,481 +33.5% | $469,222 +1.5% |
| 2023 | $4,107 +13.2% | $462,136 +29.4% |
| 2022 | $3,630 -16.5% | $357,140 +0.3% |
| 2021 | $4,349 +8% | $355,994 +11.8% |
| 2020 | $4,027 -1% | $318,428 |
| 2019 | $4,068 +7.6% | $318,428 +13.7% |
| 2018 | $3,779 | $280,000 |
| 2017 | $3,779 +8.4% | $280,000 |
| 2016 | $3,487 | $280,000 |
| 2015 | -- | $280,000 |
| 2014 | -- | $280,000 +40% |
| 2010 | -- | $200,000 |
Find assessor info on the county website
Monthly payment
Est. payment