ActiveResidential · sale

438 CASTLE VALLEY DR DR

Castle Valley, UT 84532

$775,000

  • 1 beds
  • 1 baths
  • 1,161 sq ft
  • 6.3 acres
  • Built 2019

Listed by Summit Sotheby's International Realty · MLS #2117679

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PROPERTY QUESTIONS & SHOWINGS

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438 CASTLE VALLEY DR DR, Castle Valley, UT 84532 · MLS #2117679

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A FEW THINGS TO NOTICE

What stands out.

Details worth a look

At the entrance, you'll find a versatile building perfect as an artist's retreat, remote work haven, or guest quarters, featuring bamboo flooring, mini-split heating/cooling, hot water heater, sink, a basement with egress and a spacious deck with stunning views.

Year built

Built in 2019.

Property size

6.3 acres listed.

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

THE PROPERTY

Get to know the property.

This 6.3-acre property is larger than most in the valley and comes with six valuable water shares and solar power for sustainable living. 5.3 acres are taxed as greenbelt, and 1 acre is taxed residential. At the entrance, you'll find a versatile building perfect as an artist's retreat, remote work haven, or guest quarters, featuring bamboo flooring, mini-split heating/cooling, hot water heater, sink, a basement with egress and a spacious deck with stunning views. RV hookups are adjacent to the studio. Adjacent to this retreat space is a 40 ft x 10 ft x 4 ft irrigation pond with its own deck. This unique feature can double as a place to cool down or as an irrigation source for the property. An 8-foot deer fence surrounds the area, creating the perfect protected spot for your dream garden. The Clayton Homes manufactured residence is efficient and comfortable, offering one bedroom, one bathroom, and its own mini-split system and its own hot water heater. Live here while building your dream home or simply enjoy the charm and simplicity it provides. This space has also served as a successful long-term Airbnb rental, generating $1,300$1,800 per month. For equestrian and homesteading enthusiasts, there's a large horse pasture, a shade structure for horses, a shipping container on a foundation for hay storage, and a secure space for smaller animals such as goats or chickens. With its ample water, solar power, unique structures, and breathtaking views, this Castle Valley property offers endless potential-whether you envision an escape, a creative retreat, or a small farmstead.

THE NEIGHBORHOOD

Explore the location.

438 CASTLE VALLEY DR DR, Castle Valley, UT 84532

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2019
Cooling
Central Air
Heating
Electric,Forced Air
Appliances
Ceiling Fan,Dryer,Microwave,Refrigerator,Washer
Flooring
Hardwood,Tile
Utilities
Natural Gas Not Available,Electricity Connected,Sewer Connected,Sewer: Private,Sewer: Septic Tank,Water Connected
Pool
No
Spa
No
Subdivision
CASTLE VALLEY RIVER RANCHOS
Zoning
Single-Family, Agricultural
Parcel
09-0000-0435
Elementary school
Helen M. Knight
High school
Grand County
Annual property tax
$3,135.00

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$2,071.46
Estimated monthly rent$3,229.17
Cap rate3.46%

Annual operating income: $26,795.03

HOA: No HOA cost is included because the listing source does not report one. Confirm whether HOA dues apply before relying on this estimate.

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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

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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
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Listing information

MLS #2117679 · Utah Real Estate MLS

Listing brokerage: Summit Sotheby's International Realty
Listing agent: Becky Byrd

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.