In this prestigious area of Holladay, land prices will rival the asking price of this lovely 1.02 acre estate. This lot is located at the end of Cottonwood Lane so it is private and enjoys a significant view of Mount Olympus. The home was in the process of being fully remodeled when the owner had a change of plans. So, you have the option to finish the project (plans and some materials included) or tear the home down and start over. Inside the home you find large, flowing living areas on the main floor that are perfect for luxury living or entertaining. The large, open kitchen area has an orientation that allows you to take advantage of afternoon shade and spectacular views of the Wasatch mountains. The home has endless possibilities for a buyer who has visions and is ready to make this property their own. The large detached garages are perfect for storing boats, extra cars and other toys. Located in the coveted area of Holladay, this property is ideally located near freeway access that are minutes from downtown Salt Lake City, University of Utah, Park City and several of Utah's major ski resorts. Call for a private showing today!