Address
390 N Madsen Ln, Gunnison, UT
Price
$ 14,775,000
Property Attributes
  • MLS#2120933
  • TypeSingle Family
  • Listing Status Active
  • CountySANPETE
  • CityGunnison
  • AreaFayette
  • Zip84634
  • StyleRambler/Ranch
  • Year Built1975
  • Taxes$ 7503
  • Price$ 14,775,000
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage4910
  • Lot Size926 Acres
Data Source:
Wasatch Front Regional MLS (WFRMLS)
Property Description

Exceptional 926 Acre Farm & Ranch Operation Two Premier Properties Combined! An incredible opportunity to own one of the most productive and versatile farm and ranch operations in the region! This expansive 926+/-acre offering includes approximately 640 top-producing irrigated acres and 283 dry, non-irrigated acres. All irrigated ground is serviced by pivots and wheel lines, ensuring maximum efficiency and yield. Included are 1,283 combined shares of Gunnison Irrigation Canal water, providing a strong and reliable water right portfolio. Main Residence: The showcase of the property is an impressive nearly 5,000 sq ft custom home featuring 5 bedrooms and 4 bathrooms, designed with comfort and function in mind. Beautifully landscaped grounds surround the home, complete with an expansive covered patio, outdoor cooking station, and plenty of space for entertaining. Multiple detached shops, garages, and storage sheds provide ample room for equipment, tools, and vehicles. Second Farmhouse & Working Operation: The second home is a charming and functional 5-bedroom, 2-bath farmhouse, set among mature trees and surrounded by a full complement of outbuildings, working cattle corrals, scales, and a large hay barn. This is a fully operational setup ready for livestock, hay, or mixed agricultural use. Additional Features: Turn-key operation: All working farm equipment included (detailed equipment list attached) Two separate ownerships combined to create this exceptional 926 acre package Efficient, well-managed operation with diversified income potential Rare opportunity to purchase a large, contiguous, high-producing farm and ranch property This property is truly one-of-a-kind-efficient, unique, and nearly impossible to replicate in today's market. Whether you're expanding an existing operation or seeking a top-tier agricultural investment, this offering represents the best of both production and lifestyle living.

Elementary School Middle School High School
Gunnison Valley Elementary School Gunnison Valley Middle School Gunnison Valley High School
Price History
11/3/2025 Listed $14,775,000

General Features

Living Area 4910.0
Sewer Sewer: Private,Septic Tank
Heating Forced Air,Gas: Central,Propane,Wood
Cooling Central Air
Utilities Natural Gas Connected,Electricity Connected,Sewer: Private,Sewer: Septic Tank,Water Connected
Roof Asphalt
Appliances Ceiling Fan,Dryer,Microwave,Refrigerator,Washer,Water Softener Owned
Zoning Single-Family,Agricultural
Garage Spaces 4.0
Patio/Porch Features Porch: Open
Architectural Style Rambler/Ranch
Construction Materials Asphalt,Brick,Stucco
Exclusions Freezer,Gas Grill/BBQ
Year Built 1975
View Mountain(s),Valley,View: Red Rock
Stories Count 2
Topography Fenced: Part,Road: Unpaved,Sprinkler: Manual-Full,Terrain,Flat,View: Mountain,View: Valley,View: Red Rock
Property Subtype Single Family Residence
Current Use Single Family
Accessibility Accessible Doors,Accessible Hallway(s)
County Sanpete
New Construction No
Property Type Residential
HOA No
Attached Garage Yes
Garage Y/N Yes
Other Structures Workshop
Total Rooms 18
Full Baths 4
Status Active
High School Gunnison Valley
City Gunnison
Senior Community Y/N No
High School District South Sanpete
Zoning Description A
MLS Area Fayette; Gunnison; Cntrvl; Axtl
Lot Size Units Acres
Lot Size Square Feet 40336560
Carport Y/N No
Listing Terms Cash,Conventional,Exchange
Elementary School Gunnison Valley
Property Attached Y/N No
Tax Annual Amount 7503.0
Home Warranty Y/N No
Middle/Junior High School Gunnison Valley
Property Condition Blt./Standing
Lease Considered Y/N No
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District South Sanpete
Elementary School District South Sanpete
PostalCity Gunnison
ADU Yes

Interior Features

Interior Amenities Bath: Primary,Bath: Sep. Tub/Shower,Closet: Walk-In,Den/Office,Kitchen: Updated,Range/Oven: Free Stdng.,Vaulted Ceilings
Basement Full
Flooring Carpet,Hardwood
Total Fireplaces 4
Fireplace Features Fireplace Equipment
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Blinds
Fireplace Y/N Yes
Above Grade Finished Area 3521.0
Laundry Features Electric Dryer Hookup
Total Bedrooms 5
Main Level Bedrooms 3
Total Baths 4
Basement Finished 100

Exterior Features

Exterior Amenities Horse Property,Out Buildings,Porch: Open
Vegetation Landscaping: Part,Mature Trees
Lot Features Fenced: Part,Road: Unpaved,Sprinkler: Manual-Full,View: Mountain,View: Valley,View: Red Rock
Water Source Culinary
Total Parking 4.0
Inclusions Ceiling Fan,Dryer,Fireplace Equipment,Microwave,Range,Refrigerator,Storage Shed(s),Swing Set,Washer,Water Softener: Own,Window Coverings,Wood Stove,Workbench
Lot Size Area 926.0
Spa No
Building Area Total 4910.0
Lot Dimensions 0.0x0.0x0.0
Lot Size Acres 926.0
Frontage Length 0.0
Private Pool No
Waterfront Y/N No
Covered Spaces 4.0
RV Parking Dimensions 0.00
Other Equipment Fireplace Equipment,Storage Shed(s),Swing Set,Window Coverings,Wood Stove,Workbench
Horse Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 84634

Price
AVG $1.53M
$14.78M
Taxes
AVG $2,327
$7,503
Year Built
AVG 1989
1975
Visits
AVG 39
120
Data Provided by Inside Real Estate®

Areas We Cover