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1298 S 1500 E, New Harmony, UT — photo 11 / 89
Single FamilyADU Potential

$2,650,000

1298 S 1500 E, New Harmony, UT 84757

Type

SFR

List Price

$2.65M

Price/Sqft

$667

Est Gross Yield

1.1%

$28,800/yr est.

Property Details

Property typeSingle Family
Year built1988
Total units1
Living area3,974 sqft
Bedrooms3
Bathrooms3
Lot size49.2 acres
Parking4 spaces
Days on market1
Listed2026-09-08T00:00:00+00:00

Description

Located in the serene community of New Harmony Utah, Happy Trails 2 U Ranch is an easy drive to both St George and Cedar City Utah; two popular destinations in southern Utah with ample amenities, shopping and medical facilities. The home, barn and outbuildings are conveniently arranged around a camp-like setting in the middle of the 50 acres, providing an incredible spot for family reunions or visiting guests. The home is comfortable and inviting. Significant improvements having been made to the home and property over the years. A large second floor space serves as a mother-in-law suite, work-from-home office, or even an art studio. Views abound from the home with the front deck offering an incredible unobstructed line of sight to the Kolob Canyons "5 Fingers" rock formation. The home and property sit at approximately 5,000 feet in elevation and are bordered by Ash Creek to the west - this part of southern Utah offers warmer summer days, cooler evenings and milder winter weather. Happy Trails 2 U Ranch would serve as an ideal equestrian property. With access to the Pine Valley Mountain Wilderness in your backyard, skiing at Brian Head resort and proximity to Zion National Park, there are no shortage of places to go and things to do. Mountain biking, horseback riding, hiking, skiing, and ATV riding are all popular activities in this part of southern Utah. For access to world class shopping, dining and entertainment, Las Vegas is approximately 2 hours and 15 minutes down Interstate-15. In addition to fenced pasture, the ranch includes a hay barn, a workshop and smaller barn set up with a chicken coop and walk-in cooler for meat processing and storage. There is plenty of storage for equipment and vehicles on the ranch. Six RV pads each have clean-outs, plus power and water supply. The outdoor kitchen is a perfect amenity for entertaining friends and family, spring through fall. Three water rights on the ranch provide 5-acre feet of water for irrigation and livestock. Water to the ranch is sourced from a well and pumped to a large holding tank. Also includes parcel DT-1-6B-2-NS.

Listed by Christopher Corroon · Axis Realty Group

Location

1298 S 1500 E, New Harmony, UT 84757

Proforma

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Cap Rate

0.72%

Cash-on-Cash

-10.54%

Cash Flow

-$8,731/mo

Purchase Price$2,650,000
Down Payment35% ($927,500)
Interest Rate6.00%
Monthly Rent$2,400/mo
Vacancy5%
Expense Ratio30% ($8,208)

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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 9/9/2026, 8:06:04 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.