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Fremont, Utah

Investment Properties for Sale in Fremont, Utah

Fremont is a small ranching community in Wayne County at the foot of Thousand Lake Mountain, and the investment picture here looks nothing like the Wasatch Front. Forget multi-unit rentals and BRRRR flips — the money in Fremont comes from recreational land, cabin rentals tied to Capitol Reef and Fish Lake tourism, and small ag parcels with deeded water rights. The year-round population is under a few hundred people, so traditional long-term tenant pools are thin. What the area does offer is proximity to some of the best fishing, hunting, ATV, and snowmobile country in southern Utah, plus a steady stream of National Park visitors driving Scenic Byway 24 between Torrey and points north.

Buyers shopping investment properties in Fremont tend to be looking at three things: short-term rental cabins that can run on Airbnb and VRBO during the May–October park season and the fall hunt, raw acreage held for appreciation as Wayne County slowly grows, and small horse or hay properties where the water rights carry real value. Cap rates work differently up here — you're often underwriting seasonal nightly rates plus personal-use weeks rather than a flat monthly rent. Verify zoning for nightly rentals, check water rights paperwork carefully, and budget for the realities of high-elevation maintenance. Browse the active Fremont listings below to see what's currently on the market.

August 2025 · Fremont market

Live from the Utah MLS — what's actually happening in Fremont right now.

Full Fremont market report
Median sale
$400,000
1 closed in August 2025
Median DOM
132 days
listing → contract
Sale-to-list
100.8%
of final list price
Unsold inventory
active + pending

1 matching · page 1 of 1

Active listings

Common questions

About investment properties in Fremont.

What kind of investment properties show up on the MLS in Fremont?

Most listings fall into a few buckets: small acreage parcels with a cabin or older farmhouse, fishing and hunting retreats near Fish Lake and Mill Meadow Reservoir, and the occasional working hay or cattle property with water rights. Pure long-term rentals are rare because the year-round population is tiny — investment here usually means short-term recreational rental income or land appreciation.

Can I run a short-term rental in Fremont?

Wayne County has historically been friendlier to nightly rentals than the Wasatch Front cities, but rules vary by zone and can change. Properties closer to Fish Lake, Capitol Reef, and the Highway 24/72 corridor tend to perform best on Airbnb and VRBO because of the National Park traffic. Always verify current county and any HOA restrictions before you write an offer.

What drives rental demand out here?

Three things: Capitol Reef National Park about 45 minutes south, Fish Lake's summer fishing and winter ice fishing/snowmobiling, and fall hunting seasons across the Fishlake National Forest. Demand is seasonal but the nightly rates during peak weeks can be strong relative to the purchase price.

Are water rights included with land listings?

Sometimes, sometimes not — and in this part of Utah, water rights can be worth more than the dirt. Irrigation shares, culinary connections, and stockwater rights are all separate items that need to be spelled out in the contract. Have your agent pull the water right numbers from the Utah Division of Water Rights before closing.

What's the price range for investment-grade properties in Fremont?

Raw recreational acreage often starts in the low six figures, cabin and small-home retreats typically run $300K–$700K depending on acreage and finishes, and full working ag properties with water can push well past $1M. Inventory is thin, so active listings turn over quickly when something priced right hits the market.

How far is Fremont from Salt Lake City and the nearest airport?

Fremont sits in Wayne County at about 7,000 feet elevation, roughly 3.5 hours south of Salt Lake City International and about 3 hours from St. George. That distance keeps prices lower than Park City or Heber but also limits the weekend-warrior rental pool to drivers rather than fly-in guests.