ActiveResidential · sale

3686 SPANISH DR #W1

Moab, UT 84532

$675,000

  • 3 beds
  • 2 baths
  • 1,551 sq ft
  • 0.01 acres
  • Built 2006

Listed by Peace Tree Realty LLC · MLS #2075175

A FEW THINGS TO NOTICE

What stands out.

Living spaces

For your entertainment needs, new TVs are installed in the living room, primary bedroom, and garage.This flexible property is ideal for a variety of uses: whether you're looking for a full-time residence, a second home, or a lucrative nightly or executive rental, this condo has it all.

Year built

Built in 2006.

Garage parking

2 garage spaces listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Stunning Rim Village Condo with Breathtaking Views. Discover the perfect blend of comfort and luxury in this beautifully updated condo located in Rim Village, just three miles south of downtown Moab. This property not only offers amazing vistas of the iconic Moab Rim and the majestic La Sal Mountain Range, but also features a modernized interior that was expertly renovated in 2024. Step inside to find fresh paint, durable LVP flooring, and tasteful new furniture throughout. The three inviting bedrooms are furnished with brand new king-size Purple mattresses, ensuring a restful night's sleep. Enjoy the convenience of new electric blinds, professionally sealed garage floors, and a utility sink with a hose bib. For your entertainment needs, new TVs are installed in the living room, primary bedroom, and garage.This flexible property is ideal for a variety of uses: whether you're looking for a full-time residence, a second home, or a lucrative nightly or executive rental, this condo has it all. Enhancing the ambiance is beautiful artwork, including locals Whit Richardson's captivating "Moon Over Windows" photo on canvas, adding a touch of elegance to the space.Don't miss this rare opportunity to own a piece of paradise in Moab, where adventure and relaxation await!

THE NEIGHBORHOOD

Explore the location.

3686 SPANISH DR #W1, Moab, UT 84532

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2006
Full baths
2
Garage spaces
2
Cooling
Central Air
Heating
Gas: Central,Gas: Stove
Appliances
Ceiling Fan,Dryer,Gas Grill/BBQ,Microwave,Refrigerator,Washer
Flooring
Tile
Utilities
Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected
Accessibility
Accessible Hallway(s),Ground Level,Accessible Entrance,Single Level Living
Pool
Yes
Pool features
Gunite,With Spa
Spa
Yes
Subdivision
RIM VILLAGE
Zoning
Short Term Rental Allowed
Parcel
02-0RIM-0089
HOA amenities
Cable TV,Insurance,Maintenance,Pets Permitted,Pool,Spa/Hot Tub,Trash
HOA fee frequency
Quarterly
Elementary school
Helen M. Knight
High school
Grand County
Annual property tax
$6,382.00
HOA fee
$1,400.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$1,032.54
Estimated monthly rent$2,812.50
Cap rate2.09%

Annual operating income: $14,077.96

Have ERA review this rental estimate

Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

YOUR CAREER. YOUR NEXT CHAPTER.

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3686 SPANISH DR #W1, Moab, UT 84532 · MLS #2075175

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Listing information

MLS #2075175 · Utah Real Estate MLS

Listing brokerage: Peace Tree Realty LLC
Listing agent: Paz Ortiz

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.