520 OLD PARAGONAH, Parowan, UT 84761
4BD/—BA Residential in Parowan, UT 84761. 2,608 sqft. Built 2016. Listed at $1,599,000. MLS #2140919.
4BD/—BA Residential in Parowan, UT 84761. 2,608 sqft. Built 2016. Listed at $1,599,000. MLS #2140919.
Located on a quiet street close to the mountains with similar estate-style properties, this 2016 estate has it all: a 4-bedroom home beautifully designed & thoughtfully planned for aging-in-place by making doors & spaces wheelchair accessible; agricultural land along with water & irrigation infrastructure to work it; a car lover's dream garage & shop with Bendpak lift, compressed air, 2 RV and 2 car rollup doors; a barn for farm equipment & general storage, and finally, the potential for an income suite (15 min to ski resort)! A total of 5892 sq ft of built space IN ADDITION to the home! Property includes a 500 ft deep, 12'' well, 6 acre feet of water rights and agri land in Greenbelt. This amazing property is a must see! Ask your Realtor for the features flyer for complete details & specs
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
1
Subdivision
NONE
County
Iron
Zoning
Agricultural
Construction
Brick,Frame
Lot Size
11.83 sq ft
Above Grade Area
2,608 sq ft
Condition
Blt./Standing
MLS #
2140919
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
1
Subdivision
NONE
County
Iron
Zoning
Agricultural
Construction
Brick,Frame
Lot Size
11.83 sq ft
Above Grade Area
2,608 sq ft
Condition
Blt./Standing
MLS #
2140919
List Price
$1,599,000
Original Price
$1,625,000
Annual Taxes
$4,193
Home Warranty
No
List Price
$1,599,000
Original Price
$1,625,000
Annual Taxes
$4,193
Home Warranty
No
Heating
Forced Air,Propane
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
None,Slab
Materials
Brick,Frame
Appliances
Ceiling Fan,Trash Compactor,Microwave,Range Hood,Refrigerator,Satellite Dish,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Covered,Porch: Open,Patio: Open
Water Source
Culinary,Private,Rights: Owned,Well
Sewer
Septic Tank
View
Mountain(s),Valley
Heating
Forced Air,Propane
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
None,Slab
Materials
Brick,Frame
Appliances
Ceiling Fan,Trash Compactor,Microwave,Range Hood,Refrigerator,Satellite Dish,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Covered,Porch: Open,Patio: Open
Water Source
Culinary,Private,Rights: Owned,Well
Sewer
Septic Tank
View
Mountain(s),Valley
Garage Spaces
6
Covered Spaces
6
Total Parking
6
Garage Spaces
6
Covered Spaces
6
Total Parking
6
Classification
Standard
Deal Score
25/100
vs Market Median
53% above
Price Reduced
1.6%
Area Growth (YoY)
0.7%
Deal Score Breakdown
25/100
2% price reduction from original list — seller may be motivated
Priced 53% above the per-subtype city median
0.7% year-over-year ZHVI growth in this area
STR net cashflow -$8,542/mo (-81.7% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Not enough comparable listings
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
Est. Annual Revenue
$32,702/yr
$138/night · 53% occupancy · $46/bedroom · $0.16/sqft
Net Monthly Cash Flow
−$8,542 /mo (−$102,507/yr)
Monthly STR income
Monthly ownership cost
Coverage
26%
Net /mo
−$8,542
DSCR
0.24
Best Download
1 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
8
Available Providers
$543,000
+194% vs median
106 days
7
$316,777 – $1,625,000
$4,193
Low Crime
4.9
per 1,000
8.0
per 1,000
9.0
per 1,000
21.9
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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