185 CENTER, Ivins, UT 84738
3BD/—BA Residential in Ivins, UT 84738. 1,528 sqft. Built 1962. Listed at $599,000. MLS #2141257.
3BD/—BA Residential in Ivins, UT 84738. 1,528 sqft. Built 1962. Listed at $599,000. MLS #2141257.
This rare 0.60-acre residential parcel in the heart of Ivins represents a compelling investment and development opportunity where the land's long-term upside significantly outweighs the existing single-family home. In a market where larger infill lots with Red Mountain views are increasingly scarce, this property offers immediate income potential today and substantial value creation through strategic development tomorrow. Zoning and Ivins City's forward-looking planning support thoughtful density increases, including potential multifamily, duplex/twin home configurations, ADUs, or subdivision - creating a clear path to higher returns as Southern Utah's population and demand for housing continue to surge. Savvy investors can leverage the City's approval process for enhanced residential uses while benefiting from strong rental demand in this desirable location right now. Prime location amplifies the investment thesis: walkable to Ivins City Park, near a charter school and Red Mountain Market, and just minutes from Tuacahn Amphitheatre, Black Desert Resort, Entrada, and world-class recreation. This central position in one of Washington County's fastest-appreciating areas positions the property for strong appreciation and quick absorption of new units. For developers and investors seeking land-banked opportunities with lifestyle upside in Southern Utah's red rock corridor, this is a limited chance to secure a flexible, oversized lot in an established neighborhood with proven demand. The investment math is straightforward: acquire now at current pricing, capture rental income during entitlement, then unlock multiplied value through approved density. Serious investors - schedule a private tour today and let's discuss how this property aligns with your portfolio goals. Don't wait for the next wave of growth to price you out.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
IVINS TOWN SRVY
County
Washington
Zoning
Single-Family
Construction
Concrete,Other
Lot Size
0.6 sq ft
Above Grade Area
1,264 sq ft
Condition
Blt./Standing
MLS #
2141257
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
IVINS TOWN SRVY
County
Washington
Zoning
Single-Family
Construction
Concrete,Other
Lot Size
0.6 sq ft
Above Grade Area
1,264 sq ft
Condition
Blt./Standing
MLS #
2141257
List Price
$599,000
Original Price
$699,000
Annual Taxes
$1,479
Home Warranty
Yes
List Price
$599,000
Original Price
$699,000
Annual Taxes
$1,479
Home Warranty
Yes
Heating
Gas: Central
Cooling
Central Air
Roof
Metal
Flooring
Laminate
Basement
Partial
Materials
Concrete,Other
Appliances
Ceiling Fan,Trash Compactor,Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Available,Sewer: Connected
Heating
Gas: Central
Cooling
Central Air
Roof
Metal
Flooring
Laminate
Basement
Partial
Materials
Concrete,Other
Appliances
Ceiling Fan,Trash Compactor,Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Available,Sewer: Connected
Covered Spaces
0
Total Parking
8
Covered Spaces
0
Total Parking
8
Why this is a deal
Classification
Standard
Deal Score
78/100
vs Similar Homes
2% above
vs Market Median
51% above
Price Reduced
14.3%
Area Growth (YoY)
1.7%
Deal Score Breakdown
78/100 · 1 qualifying signal
14% price reduction from original list — seller may be motivated
Priced 2% above the median of similar listings
1.7% year-over-year ZHVI growth in this area
Priced 51% above the per-subtype city median
LT net cashflow -$2,376/mo (-60.5% return on ownership cost) · STR net cashflow -$2,857/mo (-72.7% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
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.
Why this classification
Monthly Rent
$1,765/mo
Range: $1,424 – $2,106
Net Monthly Cash Flow
−$2,376 /mo (−$28,509/yr)
Monthly rental income
Monthly ownership cost
Coverage
45%
Net /mo
−$2,376
DSCR
0.52
Est. Annual Revenue
$18,378/yr
$166/night · 31% occupancy · $99/bedroom · $0.13/sqft
Net Monthly Cash Flow
−$2,858 /mo (−$34,299/yr)
Monthly STR income
Monthly ownership cost
Coverage
39%
Net /mo
−$2,857
DSCR
0.36
Elementary
Red MountainMiddle School
Snow Canyon MiddleHigh School
Snow CanyonSchool District
Washington
Best Download
2 Gbps
Best Upload
2 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$539,900
+11% vs median
54 days
70
$334,900 – $4,700,000
$1,479
Select agents you’d like to hear from. They’ll be notified of your interest — your contact details stay private until you choose to respond.

Devin Tanner - Utah Realtor
Your inquiry goes to the listing agent.
Fast Response
Typically within 2 hours during business hours
Built with AI to help you find your perfect home
Powered by AI • Secured by Supabase • Trusted by Agents