390 MADSEN, Gunnison, UT 84634
5BD/—BA Residential in Gunnison, UT 84634. 4,910 sqft. Built 1975. Listed at $14,775,000. MLS #2120933.
5BD/—BA Residential in Gunnison, UT 84634. 4,910 sqft. Built 1975. Listed at $14,775,000. MLS #2120933.
Exceptional 926 Acre Farm & Ranch Operation Two Premier Properties Combined! An incredible opportunity to own one of the most productive and versatile farm and ranch operations in the region! This expansive 926+/-acre offering includes approximately 640 top-producing irrigated acres and 283 dry, non-irrigated acres. All irrigated ground is serviced by pivots and wheel lines, ensuring maximum efficiency and yield. Included are 1,283 combined shares of Gunnison Irrigation Canal water, providing a strong and reliable water right portfolio. Main Residence: The showcase of the property is an impressive nearly 5,000 sq ft custom home featuring 5 bedrooms and 4 bathrooms, designed with comfort and function in mind. Beautifully landscaped grounds surround the home, complete with an expansive covered patio, outdoor cooking station, and plenty of space for entertaining. Multiple detached shops, garages, and storage sheds provide ample room for equipment, tools, and vehicles. Second Farmhouse & Working Operation: The second home is a charming and functional 5-bedroom, 2-bath farmhouse, set among mature trees and surrounded by a full complement of outbuildings, working cattle corrals, scales, and a large hay barn. This is a fully operational setup ready for livestock, hay, or mixed agricultural use. Additional Features: Turn-key operation: All working farm equipment included (detailed equipment list attached) Two separate ownerships combined to create this exceptional 926 acre package Efficient, well-managed operation with diversified income potential Rare opportunity to purchase a large, contiguous, high-producing farm and ranch property This property is truly one-of-a-kind-efficient, unique, and nearly impossible to replicate in today's market. Whether you're expanding an existing operation or seeking a top-tier agricultural investment, this offering represents the best of both production and lifestyle living.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
County
Sanpete
Zoning
Single-Family, Agricultural
Construction
Asphalt,Brick,Stucco
Lot Size
926 sq ft
Above Grade Area
3,521 sq ft
Condition
Blt./Standing
MLS #
2120933
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
County
Sanpete
Zoning
Single-Family, Agricultural
Construction
Asphalt,Brick,Stucco
Lot Size
926 sq ft
Above Grade Area
3,521 sq ft
Condition
Blt./Standing
MLS #
2120933
List Price
$14,775,000
Annual Taxes
$7,503
Home Warranty
No
List Price
$14,775,000
Annual Taxes
$7,503
Home Warranty
No
Heating
Forced Air,Gas: Central,Propane,Wood
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood
Basement
Full
Materials
Asphalt,Brick,Stucco
Appliances
Ceiling Fan,Dryer,Microwave,Refrigerator,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Private,Septic Tank
View
Mountain(s),Valley,View: Red Rock
Heating
Forced Air,Gas: Central,Propane,Wood
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood
Basement
Full
Materials
Asphalt,Brick,Stucco
Appliances
Ceiling Fan,Dryer,Microwave,Refrigerator,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Private,Septic Tank
View
Mountain(s),Valley,View: Red Rock
Garage Spaces
4
Covered Spaces
4
Total Parking
4
Garage Spaces
4
Covered Spaces
4
Total Parking
4
Classification
Standard
Deal Score
10/100
vs Market Median
1431% above
Deal Score Breakdown
10/100
Priced 1431% above the per-subtype city median
STR net cashflow -$93,242/mo (-98.0% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
No price reduction from original list
Not enough comparable listings
Area growth data unavailable
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Est. Annual Revenue
$33,422/yr
$149/night · 46% occupancy · $73/bedroom · $0.14/sqft
Net Monthly Cash Flow
−$93,242 /mo (−$1,118,905/yr)
Monthly STR income
Monthly ownership cost
Coverage
3%
Net /mo
−$93,242
DSCR
0.03
School District
South Sanpete
Best Download
280 Mbps
Best Upload
30 Mbps
Fiber Available
No
Providers
5
Available Providers
$325,000
+4446% vs median
101 days
13
$240,000 – $14,775,000
$7,503
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