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20015 N 12500 E, Mt Pleasant, UT — photo 11 / 56
Single Family

$955,000

20015 N 12500 E, Mt Pleasant, UT 84647

Type

SFR

List Price

$955,000

Price/Sqft

$241

Est Gross Yield

2.2%

$20,760/yr est.

Property Details

Property typeSingle Family
Year built1994
Total units1
Living area3,963 sqft
Bedrooms6
Bathrooms4
Lot size5.86 acres
Parking16 spaces
Days on market15
Listed2026-09-01T00:00:00+00:00

Description

Welcome to Freedom Ranch, where privacy, space, and peaceful country living come together! This property checks all the boxes. With thoughtful living spaces, incredible outdoor space, and an oversized shop, this home offers a rare combination of comfort, functionality, and room to live the lifestyle you've been dreaming of. The main level features an inviting, open-concept kitchen and living area designed for entertaining, along with a spacious primary suite that provides convenient main-floor living. Upstairs, you'll find four bedrooms, each featuring its own private loft, a space that is sure to spark any imagination. The fully finished basement adds even more versatility with a family room, bedroom, full bathroom, and laundry. With its own separate entrance, the basement could easily be converted into an apartment. Step outside and the possibilities continue! Enjoy two decks, a firepit, spacious barn, coral, and expansive fields that provide plenty of room for horses, livestock, hobbies, or simply enjoying the peace and privacy of the countryside. The field to the north is HOA-owned open space and will not be developed, providing an added sense of privacy. And then there's the nearly 2,000-square-foot shop! Fully powered and built with a 6-inch monolithic slab, insulation, vapor barrier, and plumbing for radiant floor heat, this shop is ready for just about any project. It features three bay doors, including an impressive main bay door measuring approximately 12 feet wide by 16 feet tall, making it ideal for storing vehicles, equipment, toys, trailers, or anything else you can dream up. The property includes two 1,000-gallon propane tanks. HOA water is provided, while the property also has its own well and 2 acre-feet of owned water rights. Don't let the word HOA scare you, Freedom Ranch is unlike most communities. With only 16 lots, this gated community offers a unique combination of privacy, space, and community while still being just a short distance from town and close to the mountains. If you've been looking for a property where you can spread out, bring your animals, pursue your hobbies, and enjoy the peace of rural living without being far from town, this is one you won't want to miss! Water Right 65-4017 for 2 acre-feet is included with the sell of the home and 1 share of North Creek water through the HOA is included. Home has all new carpet!

Listed by Lacee Smith · Unity Group Real Estate LLC

Location

20015 N 12500 E, Mt Pleasant, UT 84647

Proforma

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Cap Rate

1.45%

Cash-on-Cash

-8.62%

Cash Flow

-$2,571/mo

Purchase Price$955,000
Down Payment35% ($334,250)
Interest Rate6.00%
Monthly Rent$1,730/mo
Vacancy5%
Expense Ratio30% ($5,917)

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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 9/16/2026, 5:13:11 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.