599 170, La Verkin, UT 84745
7BD/—BA Residential in La Verkin, UT 84745. 7,377 sqft. Built 2023. Listed at $3,000,000. MLS #2074067.
7BD/—BA Residential in La Verkin, UT 84745. 7,377 sqft. Built 2023. Listed at $3,000,000. MLS #2074067.
This remarkable home offers much more than meets the eye, providing a truly unique living experience. Nestled above the stunning Confluence Park protected by the Red Cliffs Desert Reserve, with direct access to hiking trails right out your back door. An Anasazi cave once occupied by Paiute and Anasazi Indians is an historical treasure right on this property. This custom-designed home boasts breathtaking 270-degree unimpeded views from its unique perch atop a peninsula basalt cliff. Borders protected lands w/hiking trails outside your door, stunning panoramas of the Virgin River, a dramatic volcanic gorge, and inspiring Pine Valley Mtns. The main level provides seamless living with a spacious primary ensuite, a guest bedroom, an office, and an expansive kitchen, dining, and living area-perfect for both relaxation and entertaining. Sliding doors and windows open up to a covered patio, allowing you to take in the awe-inspiring natural landscape and views.The walkout basement adds even more value with private bedrooms, a kitchenette, a bar, a cozy den, ample entertainment space, and plenty of storage. Outside, the resort-style backyard with a refreshing pool and an outdoor fireplace offers the ultimate in fun and relaxation. For those seeking additional income, this property includes three separate casitas for hosting guests OR could be used for a nightly rental business if it is your primary residence. To top it all off, this estate features extensive storage, a 20'x50'RV garage with a 14'x14' door, and a huge workshop space-ideal for all your hobbies and projects. Multiple garages could be used for boats and other toys or LOTS of cars.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
INDEPENDENCE POINT
County
Washington
Zoning
Single-Family, Short Term Rental Allowed
Construction
Stone,Stucco
Lot Size
1.34 sq ft
Above Grade Area
3,193 sq ft
Condition
Blt./Standing
MLS #
2074067
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
INDEPENDENCE POINT
County
Washington
Zoning
Single-Family, Short Term Rental Allowed
Construction
Stone,Stucco
Lot Size
1.34 sq ft
Above Grade Area
3,193 sq ft
Condition
Blt./Standing
MLS #
2074067
List Price
$3,000,000
Original Price
$3,850,000
Annual Taxes
$6,379
Home Warranty
No
List Price
$3,000,000
Original Price
$3,850,000
Annual Taxes
$6,379
Home Warranty
No
Heating
Gas: Central,Heat Pump
Cooling
Central Air,Heat Pump
Roof
Flat,Tile
Basement
Full,Walk-Out Access
Materials
Stone,Stucco
Appliances
Ceiling Fan,Dryer,Freezer,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Patio & Porch
Covered,Patio: Open
Water Source
Culinary,Secondary
Sewer
Sewer: Connected
View
Mountain(s),Valley
Heating
Gas: Central,Heat Pump
Cooling
Central Air,Heat Pump
Roof
Flat,Tile
Basement
Full,Walk-Out Access
Materials
Stone,Stucco
Appliances
Ceiling Fan,Dryer,Freezer,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Patio & Porch
Covered,Patio: Open
Water Source
Culinary,Secondary
Sewer
Sewer: Connected
View
Mountain(s),Valley
Garage Spaces
6
Covered Spaces
6
Total Parking
6
Garage Spaces
6
Covered Spaces
6
Total Parking
6
Why this is a deal
Classification
Standard
Deal Score
100/100
vs Similar Homes
344% above
vs Market Median
56% above
Price Reduced
22.1%
Area Growth (YoY)
5.1%
Deal Score Breakdown
100/100 · 2 qualifying signals
22% price reduction from original list — seller may be motivated
5.1% year-over-year ZHVI growth in this area
Priced 344% above the median of similar listings
Priced 56% above the per-subtype city median
LT net cashflow -$9,094/mo (-46.1% return on ownership cost) · STR net cashflow -$17,109/mo (-86.7% 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
$12,089/mo
Range: $8,503 – $15,675
Net Monthly Cash Flow
−$9,095 /mo (−$109,138/yr)
Monthly rental income
Monthly ownership cost
Coverage
61%
Net /mo
−$9,094
DSCR
0.70
Est. Annual Revenue
$44,984/yr
$166/night · 31% occupancy · $99/bedroom · $0.13/sqft
Net Monthly Cash Flow
−$17,108 /mo (−$205,298/yr)
Monthly STR income
Monthly ownership cost
Coverage
19%
Net /mo
−$17,109
DSCR
0.17
$450,000
+567% vs median
66 days
21
$250,000 – $3,000,000
$6,379
Moderate
6.6
per 1,000
31.1
per 1,000
2.0
per 1,000
39.6
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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Devin Tanner - Utah Realtor
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