5465 LULA BAY, St. George, UT 84790
5BD/—BA Residential in St. George, UT 84790. 2,608 sqft. Built 2022. Listed at $1,025,000. MLS #2166231.
5BD/—BA Residential in St. George, UT 84790. 2,608 sqft. Built 2022. Listed at $1,025,000. MLS #2166231.
Experience elevated resort-style living in beautiful Desert Color with this thoughtfully designed row-end townhome, built in 2022 and offering five bedrooms, five bathrooms and 2,608 square feet of beautifully appointed living space. Whether used as a nightly rental investment, weekend escape, or full-time residence, this home is designed to bring family, friends and guests together in comfort and style. From the moment you arrive, the welcoming front porch sets the tone with a BBQ area, perfect for effortless outdoor entertaining. Inside, the home is filled with natural light and offers an open, inviting layout with a spacious great room, two dining areas and a gathering table that provides plenty of seating for hosting and memorable meals. The kitchen is both functional and refined, featuring an open design, center island, pantry, under-cabinet lighting and seamless connection to the main living and dining spaces. Ceiling fans are thoughtfully placed throughout the home, including every bedroom, great room and the upstairs entertainment living room. The floor plan is ideal for hosting, with two bedrooms and two bathrooms on the main level and three bedrooms with three bathrooms upstairs. Three of the bedrooms are private en-suites, while the additional bedrooms enjoy direct bathroom access through attached doors. One bedroom has been thoughtfully designed as a custom bunk room, sleeping four, with individual lighting and outlets at each bed space, an exceptional feature for guests and families. Upstairs, the entertainment living room creates a second gathering space complete with a dining/card table and direct access to an outdoor entertainment balcony. This private balcony is designed for year-round enjoyment with a hot tub, fire pit, TV and comfortable lounge seating. Additional features include tile-to-ceiling shower surrounds, TVs in every bedroom as well as the great room, entertainment living room and outdoor balcony, a dedicated laundry room, linen hall closet, zoned forced air and A/C, stair lighting and a two-car garage with EV charging outlet, tankless water heater, water softener, storage closets and added convenience throughout. Located within walking distance to Desert Color's sought-after amenities, residents and guests can enjoy the 2.5 acre lagoon beach, heated pools, pickleball courts and beautifully planned open spaces. Desert Color also features approximately 210 acres of developed parks, nature preserves and trail networks woven throughout the 3,350-acre community, creating endless opportunities to enjoy the outdoors, connect with nature and experience the active Southern Utah lifestyle. The community continues to grow with shopping, dining, entertainment, Crush Golf + Grill and future planned area expansions that will further enhance the lifestyle and long-term appeal of this vibrant destination including a luxury megaplex movie theater featuring a bowling alley and mini-golf. With nightly rentals allowed, a highly desirable row-end location, thoughtful design and exceptional indoor-outdoor gathering spaces, this Desert Color townhome offers the perfect blend of lifestyle, flexibility, and investment potential.
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-end
Stories
2
Subdivision
DESERT COLOR RESORT PH 5
County
Washington
Zoning
Multi-Family
Construction
Stucco
Lot Size
0.05 sq ft
Above Grade Area
2,608 sq ft
Condition
Blt./Standing
MLS #
2166231
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-end
Stories
2
Subdivision
DESERT COLOR RESORT PH 5
County
Washington
Zoning
Multi-Family
Construction
Stucco
Lot Size
0.05 sq ft
Above Grade Area
2,608 sq ft
Condition
Blt./Standing
MLS #
2166231
List Price
$1,025,000
HOA Fees
$1,177 / Quarterly
Annual Taxes
$6,146
Home Warranty
No
List Price
$1,025,000
HOA Fees
$1,177 / Quarterly
Annual Taxes
$6,146
Home Warranty
No
Heating
Forced Air,Gas: Stove
Cooling
Central Air
Roof
Flat,Rubber,Membrane
Flooring
Hardwood,Tile
Basement
None
Materials
Stucco
Appliances
Ceiling Fan,Portable Dishwasher,Dryer,Gas Grill/BBQ,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Forced Air,Gas: Stove
Cooling
Central Air
Roof
Flat,Rubber,Membrane
Flooring
Hardwood,Tile
Basement
None
Materials
Stucco
Appliances
Ceiling Fan,Portable Dishwasher,Dryer,Gas Grill/BBQ,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Classification
Standard
Deal Score
10/100
vs Similar Homes
136% above
vs Market Median
68% above
Area Growth (YoY)
-2.8%
Deal Score Breakdown
10/100
Priced 136% above the median of similar listings
Priced 68% above the per-subtype city median
-2.8% year-over-year ZHVI growth in this area
LT net cashflow -$2,876/mo (-38.4% return on ownership cost) · STR net cashflow -$5,822/mo (-77.7% 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.
Monthly Rent
$5,252/mo
Range: $5,216 – $5,288
Net Monthly Cash Flow
−$2,875 /mo (−$34,504/yr)
Monthly rental income
Monthly ownership cost
Coverage
70%
Net /mo
−$2,876
DSCR
0.88
Est. Annual Revenue
$28,715/yr
$165/night · 28% occupancy · $97/bedroom · $0.13/sqft
Net Monthly Cash Flow
−$5,822 /mo (−$69,869/yr)
Monthly STR income
Monthly ownership cost
Coverage
32%
Net /mo
−$5,822
DSCR
0.32
Best Download
1 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
10
Available Providers
$525,000
+95% vs median
66 days
449
$59,000 – $12,540,000
$6,146
$1,177/quarterly
Moderate
9.4
per 1,000
23.3
per 1,000
15.2
per 1,000
47.9
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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Devin Tanner - Utah Realtor
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