Set against the breathtaking backdrop of Heber Valley's open skies and mountain views, this extraordinary one+ acre property offers a rare blend of immediate livability and long-term vision. Anchored by a solid 3,768 sq ft brick home and a versatile shop, the property provides both comfort today and opportunity for tomorrow.
The home offers generous square footage and timeless construction, making it ideal as a primary residence, rental, or base of operations while future plans take shape. The on-site shop adds exceptional value--perfect for storage, hobbies, business use, or expansion potential.
What truly sets this property apart is its flexibility and scale. With ample acreage in one of Wasatch County's most sought-after areas.
Located just minutes from world-class recreation, including Deer Valley Resort, Jordanelle Reservoir, trails, golf, and the charm of downtown Heber City, this property captures the valley's unique balance of rural serenity and modern convenience.
Whether your vision is to enjoy the existing home, expand, redevelop, or create something entirely new, this is a once-in-a-generation opportunity to own a versatile property in the heart of Heber Valley--where land, lifestyle, and potential converge.
For sale
Price cut: $25K (9/15)
$1,050,000
1549 S Lost Colt Dr, Heber, UT 84032
5beds
3,768sqft
Single Family Residence
Built in 1997
1.17 Acres Lot
$998,200 Zestimate®
$279/sqft
$-- HOA
What's special
- 203 days
- 359
- 12
Zillow last checked:
Listing updated:
Listed by:
Cindy Pennington 801-367-7577,
Coldwell Banker Realty (Provo-Orem-Sundance)
Source: PCBR,MLS#: 12601341
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Dishwasher, Double Oven, Microwave, Oven, Water Softener Owned
Features
- Ceiling Fan(s), Kitchen Island, Main Level Master Bedroom, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s)
- Flooring: Carpet, Wood
- Basement: Walk-Out Access
- Has fireplace: Yes
- Fireplace features: Wood Burning Stove
Interior area
- Total structure area: 3,768
- Total interior livable area: 3,768 sqft
Property
Parking
- Total spaces: 5
- Parking features: Detached, Garage Door Opener
- Garage spaces: 5
Features
- Exterior features: Storage, Lawn Sprinkler - Timer
- Has view: Yes
- View description: Mountain(s), Valley
Lot
- Size: 1.17 Acres
- Features: Near Public Transit
Details
- Parcel number: 0000150925
- Other equipment: Appliances, Thermostat - Programmable
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- New construction: No
- Year built: 1997
Utilities & green energy
- Sewer: Public Sewer
- Water: Irrigation, Public, Secondary Water
- Utilities for property: Cable Available, Electricity Connected, High Speed Internet Available, Natural Gas Connected
Community & HOA
Community
- Security: Smoke Alarm
- Subdivision: Wild Mare
HOA
- Has HOA: No
Location
- Region: Heber
Financial & listing details
- Price per square foot: $279/sqft
- Tax assessed value: $971,354
- Annual tax amount: $4,644
- Date on market: 9/15/2026
- Listing terms: Cash,Conventional,Government Loan
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$998,200
$948,000 - $1.05M
$4,732/mo
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,644 +2.9% | $543,425 +2.1% |
| 2024 | $4,512 -4.7% | $532,001 -3% |
| 2023 | $4,736 -7.3% | $548,282 |
| 2022 | $5,111 +29% | $548,282 +61.9% |
| 2021 | $3,963 +6% | $338,691 +0.4% |
| 2020 | $3,739 +11.7% | $337,358 +13.3% |
| 2018 | $3,346 +12.7% | $297,865 +10.7% |
| 2017 | $2,969 +5.6% | $269,126 +9.8% |
| 2016 | $2,810 +11.8% | $245,211 +5.3% |
| 2015 | $2,513 -3.3% | $232,832 |
| 2014 | $2,600 | $232,832 |
| 2013 | $2,600 -0.8% | $232,832 |
| 2012 | $2,620 +22.2% | $232,832 +9.4% |
| 2006 | $2,144 +59.3% | $212,845 +59.2% |
| 2005 | $1,347 | $133,655 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 84032
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