143 CORTEZ, Ivins, UT 84738
3BD/—BA Residential in Ivins, UT 84738. 5,022 sqft. Built 2013. Listed at $862,000. MLS #2168731.
3BD/—BA Residential in Ivins, UT 84738. 5,022 sqft. Built 2013. Listed at $862,000. MLS #2168731.
Perched in the heart of scenic Ivins with striking Red Mountain views and the rare and highly sought-after advantage of no HOA, this home delivers the space, light, and flexibility today's buyers crave, all on one level featuring an open-concept layout, vaulted ceilings, and bright view windows that pull the outdoors in. Step out to the covered patio and imagine your ideal backyard retreat--sunset dining, lounge space, and room to create while enjoying a 3-car garage to keep gear and toys organized, all without the burden of restrictive covenants. Downstairs, a full unfinished basement offers incredible upside--expand your living space with a theater, guest suites, gym, or studio and build instant value, making this the perfect blank canvas for your custom vision. If you're looking for Ivins living with views, freedom, and future potential--this is it.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Basement
Stories
2
Subdivision
TENAYA ESTATES
County
Washington
Zoning
Single-Family
Construction
Stone,Stucco
Lot Size
0.4 sq ft
Above Grade Area
2,511 sq ft
Condition
Blt./Standing
MLS #
2168731
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Basement
Stories
2
Subdivision
TENAYA ESTATES
County
Washington
Zoning
Single-Family
Construction
Stone,Stucco
Lot Size
0.4 sq ft
Above Grade Area
2,511 sq ft
Condition
Blt./Standing
MLS #
2168731
List Price
$862,000
Annual Taxes
$3,127
Home Warranty
No
List Price
$862,000
Annual Taxes
$3,127
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Tile
Basement
Full
Materials
Stone,Stucco
Appliances
Ceiling Fan,Microwave,Range Hood,Water Softener Owned
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Tile
Basement
Full
Materials
Stone,Stucco
Appliances
Ceiling Fan,Microwave,Range Hood,Water Softener Owned
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Garage Spaces
3
Covered Spaces
3
Total Parking
3
Why this is a deal
Classification
Great Deal (vs Market)
Deal Score
100/100
vs Similar Homes
3% above
vs Market Median
31% below
Area Growth (YoY)
-0.6%
Deal Score Breakdown
100/100 · 1 qualifying signal
Priced 31% below the per-subtype city median
Priced 3% above the median of similar listings
LT net cashflow -$684/mo (-11.9% return on ownership cost) · STR net cashflow -$4,071/mo (-71.0% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
-0.6% year-over-year ZHVI growth in this area
No price reduction from original list
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
$5,742/mo
Range: $4,584 – $6,900
Net Monthly Cash Flow
−$684 /mo (−$8,208/yr)
Monthly rental income
Monthly ownership cost
Coverage
100%
Net /mo
−$684
DSCR
1.17
Est. Annual Revenue
$28,555/yr
$166/night · 31% occupancy · $99/bedroom · $0.13/sqft
Net Monthly Cash Flow
−$4,071 /mo (−$48,857/yr)
Monthly STR income
Monthly ownership cost
Coverage
42%
Net /mo
−$4,071
DSCR
0.38
Elementary
Red MountainMiddle School
Snow Canyon MiddleHigh School
Snow CanyonSchool District
Washington
Best Download
3 Gbps
Best Upload
3 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$539,900
+60% vs median
54 days
70
$334,900 – $4,700,000
$3,127
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Devin Tanner - Utah Realtor
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