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Homes Under $300,000 in Lake Point, Utah
Lake Point is a small unincorporated community at the north end of Tooele Valley, tucked between the Oquirrh Mountains and the south shore of the Great Salt Lake. It's the first exit off I-80 after you crest the pass from Salt Lake County, which makes it one of the shortest commutes to downtown SLC and the airport that you'll find in Tooele County — usually 25 to 30 minutes door-to-door. Under $300K in Lake Point typically means manufactured homes on their own land, older single-wides and double-wides, smaller townhome units, or the occasional fixer that needs cosmetic work. True stick-built single-family homes at this price have gotten rare as the area filled in over the last several years.
Buyers shopping this price range here are usually first-time owners, investors looking for rental cash flow off the I-80 commuter base, or folks trading out of a Salt Lake Valley rental who want a yard and lake views without Stansbury Park or Erda pricing. Lot size tends to be generous compared to anything similar across the county line, and well-and-septic setups are common, so it's worth asking about water shares and septic inspections early in the process. Schools fall under Tooele County School District, and Stansbury Park's shopping and restaurants are about five minutes south. Browse the active listings below to see what's currently on the market under $300K in Lake Point.
May 2026 · Lake Point market
Live from the Utah MLS — what's actually happening in Lake Point right now.
Median sale
$599,990
3 closed in May 2026
Median DOM
29 days
listing → contract
Sale-to-list
100.3%
of final list price
Unsold inventory
22
active + pending
1 matching · page 1 of 1
Active listings
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Common questions
About homes under $300k in Lake Point.
What kinds of homes are actually available in Lake Point under $300K? ▾
Mostly manufactured and modular homes, older mobile homes in parks like the ones off Sheep Lane, and occasionally a small townhome or a stick-built home in need of renovation. Traditional single-family homes on full lots in Lake Point typically start in the high $400s and up, so sub-$300K inventory is limited and moves quickly when it appears.
Can I get a regular mortgage on a manufactured home here? ▾
Sometimes, but it depends on whether the home is on a permanent foundation, whether the land is owned or leased, and the age of the unit. FHA, VA, and USDA all finance qualifying manufactured homes in Tooele County, but many lenders won't touch pre-1976 units or homes in leased-lot parks. Talk to a lender experienced with manufactured home loans before you shop.
How long is the commute from Lake Point to Salt Lake City? ▾
About 25–35 minutes to downtown SLC and roughly 30 minutes to the airport via I-80, depending on time of day. Morning eastbound traffic through the Lake Point interchange and into the SLC valley is the main slowdown, and winter storms off the lake can add time.
Are there HOA fees or lot rent to budget for at this price point? ▾
Often yes. Manufactured homes in parks usually carry monthly lot rent that can run $500–$800 and covers things like water, sewer, and trash. Some townhome communities in the area have HOA dues in the $100–$200 range. Always ask for the current fee and what it includes before making an offer.
Is Lake Point a good fit for first-time buyers? ▾
It can be, especially for buyers who want a yard and quiet without paying Salt Lake County prices. The trade-offs are fewer services in town itself — most shopping and dining is a short drive to Stansbury Park, Tooele, or Magna — and a more limited selection of homes at the entry level.
What school district serves Lake Point? ▾
Lake Point is in Tooele County School District. Elementary-age kids generally attend Stansbury Park or Rose Springs Elementary, with middle and high school students going to Clarke N. Johnsen Junior High and Stansbury High. Boundaries do shift, so verify the assigned schools for any specific address before you buy.