422 BUCKEYE REEF, Leeds, UT 84746
8BD/—BA Residential in Leeds, UT 84746. 4,328 sqft. Built 1974. Listed at $1,150,000. MLS #2134945.
8BD/—BA Residential in Leeds, UT 84746. 4,328 sqft. Built 1974. Listed at $1,150,000. MLS #2134945.
This rare 5.22-acre multi-use property in Leeds is priced to activate its full potential with a new $100,000 reduction. This is a vision-driven opportunity designed to connect buyers who can maximize land, infrastructure, and income potential--farm/ranch enthusiasts, investors, home-business operators, and luxury-estate seekers ready to capitalize. Why this property stands out: expansive 5.22-acre parcel in Leeds with versatile A-5 zoning, two culinary water allotments and pressurized irrigation shares, major infrastructure in place, including a new tank septic system, option to secure a second permit for adding a second home/ADU or creating a multi-generational compound. 4,328 sq ft residence with 8 bedrooms and 6 bathrooms, offering abundant living and rental possibilities, large 4-car shop with 220V power, a lift, and a bathroom; rear room rough finished and ready for renovation, 400-amp service positioned for auxiliary dwellings, shop equipment, and future expansion. Enjoy Hurricane Valley views toward Zion on your huge deck and in your newly landscaped private backyard. Land, zoning & potential uses: A-5 zoning supports a wide range of uses: hobby farming, livestock, orchards/vineyards, gardens, and expansive outdoor living, ideal for combining agriculture with income streams (short-term/long-term rentals, guest accommodations, or studio/office space). Create a luxe live/work/investment compound or scalable development plan for future growth. Infrastructure & improvements: new tank septic system, option for a second residence (requires a building permit to enable 2nd dwelling on the property, (would require a 2nd septic tank system install, allowed by SUPHD) and reliable utility readiness with 400-amp service to support multiple structures and equipment. Residence details: 4,328 sq ft, 8 bedrooms, 6 bathrooms, 2 kitchens, 2 great rooms, designed to accommodate large families or multiple living/rental arrangements. ((MORE) More... This is a truly rare live/work/invest property where lifestyle, enterprise, and revenue can coexist. Rent out separate dwellings or spaces while developing the land for long-term value, an exceptional canvas for builders, agribusiness, equestrian ventures, or luxury estate projects. Take action -- bring your vision:schedule a private tour to explore the land, infrastructure, and the residence, and discuss how you can capitalize on this live/work/invest opportunity.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Split-Entry/Bi-Level
Stories
2
County
Washington
Zoning
Agricultural
Construction
Stone,Metal Siding
Lot Size
5.22 sq ft
Above Grade Area
2,368 sq ft
Condition
Blt./Standing
MLS #
2134945
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Split-Entry/Bi-Level
Stories
2
County
Washington
Zoning
Agricultural
Construction
Stone,Metal Siding
Lot Size
5.22 sq ft
Above Grade Area
2,368 sq ft
Condition
Blt./Standing
MLS #
2134945
List Price
$1,150,000
Original Price
$1,300,000
Annual Taxes
$2,866
Home Warranty
No
List Price
$1,150,000
Original Price
$1,300,000
Annual Taxes
$2,866
Home Warranty
No
Heating
Forced Air,Propane
Cooling
Central Air
Roof
Metal
Basement
Entrance,Full
Materials
Stone,Metal Siding
Appliances
Ceiling Fan,Gas Grill/BBQ,Microwave,Range Hood
Water Source
Culinary,Irrigation,Shares
Sewer
Septic Tank
View
Valley
Heating
Forced Air,Propane
Cooling
Central Air
Roof
Metal
Basement
Entrance,Full
Materials
Stone,Metal Siding
Appliances
Ceiling Fan,Gas Grill/BBQ,Microwave,Range Hood
Water Source
Culinary,Irrigation,Shares
Sewer
Septic Tank
View
Valley
Garage Spaces
4
Covered Spaces
4
Total Parking
4
Garage Spaces
4
Covered Spaces
4
Total Parking
4
Why this is a deal
Classification
Standard
Deal Score
83/100
vs Similar Homes
15% above
vs Market Median
95% above
Price Reduced
11.5%
Area Growth (YoY)
5.8%
Deal Score Breakdown
83/100 · 2 qualifying signals
12% price reduction from original list — seller may be motivated
5.8% year-over-year ZHVI growth in this area
LT net cashflow -$457/mo (-6.1% return on ownership cost) · STR net cashflow -$5,187/mo (-68.7% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 15% above the median of similar listings
Priced 95% above the per-subtype city median
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
$8,054/mo
Range: $3,306 – $12,803
Net Monthly Cash Flow
−$458 /mo (−$5,495/yr)
Monthly rental income
Monthly ownership cost
Coverage
107%
Net /mo
−$457
DSCR
1.23
Est. Annual Revenue
$40,429/yr
$166/night · 31% occupancy · $99/bedroom · $0.13/sqft
Net Monthly Cash Flow
−$5,186 /mo (−$62,230/yr)
Monthly STR income
Monthly ownership cost
Coverage
45%
Net /mo
−$5,187
DSCR
0.41
Best Download
1 Gbps
Best Upload
50 Mbps
Fiber Available
No
Providers
9
Available Providers
$579,000
+99% vs median
99 days
5
$669,000 – $3,495,000
$2,866
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Devin Tanner - Utah Realtor
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