Exceptional opportunity to own 518.03 acres positioned in the path of Cedar City's future annexation and growth! Approximately 80 acres are zoned R-1 and ready to develop into .25-acre lots, with the remaining acreage zoned A-20. The sale includes an impressive water portfolio: 1,384 ACFT of water rights, with 564 carrying priority dates of 1934 or earlier, plus 578 shares of Coal Creek Irrigation Company water, usable for development at 1/3 ACFT per share. Property improvements include 3 private wells, a large shop, hay barn, and more. Pivot irrigation lines are negotiable. With substantial acreage, valuable water resources, existing improvements, development potential, and a strategic location in Cedar City's path of expansion, this property presents a truly rare investment opportunity.