321 1200, Parowan, UT 84761
4BD/—BA Residential in Parowan, UT 84761. 4,154 sqft. Built 2004. Listed at $1,125,000. MLS #2153563.
4BD/—BA Residential in Parowan, UT 84761. 4,154 sqft. Built 2004. Listed at $1,125,000. MLS #2153563.
Secluded 10-acre mini ranch offering privacy, space, and convenience just minutes from town. Tucked away on its own private lane, this 4-bedroom, 3-bath home with a 2-car garage provides plenty of room to live and grow. The property includes a large detached workshop-perfect for projects, storage, or business use-and comes with 10 shares of irrigation water to keep pastures green and productive. Ideal for horses, cattle, or creating your own hobby farm. Enjoy mature shade trees, beautiful mountain views, and the peace and quiet of country living with endless possibilities.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Southwest
Stories
2
County
Iron
Zoning
Agricultural
Construction
Stucco
Lot Size
10 sq ft
Above Grade Area
2,077 sq ft
Condition
Blt./Standing
MLS #
2153563
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Southwest
Stories
2
County
Iron
Zoning
Agricultural
Construction
Stucco
Lot Size
10 sq ft
Above Grade Area
2,077 sq ft
Condition
Blt./Standing
MLS #
2153563
List Price
$1,125,000
Annual Taxes
$313,125
Home Warranty
No
List Price
$1,125,000
Annual Taxes
$313,125
Home Warranty
No
Heating
Forced Air,Propane
Cooling
Central Air
Roof
Tile
Flooring
Carpet,Tile
Basement
Full
Materials
Stucco
Appliances
Ceiling Fan,Dryer,Microwave,Refrigerator,Washer
Patio & Porch
Covered
Water Source
Culinary,Irrigation,Shares
View
Mountain(s),Valley
Heating
Forced Air,Propane
Cooling
Central Air
Roof
Tile
Flooring
Carpet,Tile
Basement
Full
Materials
Stucco
Appliances
Ceiling Fan,Dryer,Microwave,Refrigerator,Washer
Patio & Porch
Covered
Water Source
Culinary,Irrigation,Shares
View
Mountain(s),Valley
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Classification
Standard
Deal Score
30/100
vs Similar Homes
137% above
vs Market Median
7% above
Area Growth (YoY)
0.7%
Deal Score Breakdown
30/100
Priced 7% above the per-subtype city median
Priced 137% above the median of similar listings
0.7% year-over-year ZHVI growth in this area
STR net cashflow -$32,320/mo (-97.4% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
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.
Est. Annual Revenue
$15,089/yr
$302/night · 33% occupancy · $74/bedroom
Net Monthly Cash Flow
−$32,319 /mo (−$387,832/yr)
Monthly STR income
Monthly ownership cost
Coverage
4%
Net /mo
−$32,320
DSCR
0.16
$543,000
+107% vs median
106 days
7
$316,777 – $1,625,000
$313,125
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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