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438 CASTLE VALLEY DR S DR, Castle Valley, UT 84532
438 CASTLE VALLEY DR S DR, Castle Valley, UT 84532
Type
SFR
List Price
$775,000
Price/Sqft
$668
Est Gross Yield
2.1%
$16,200/yr est.
This 6.3-acre property is larger than most in the valley and comes with six valuable water shares and solar power for sustainable living. 5.3 acres are taxed as greenbelt, and 1 acre is taxed residential. At the entrance, you'll find a versatile building perfect as an artist's retreat, remote work haven, or guest quarters, featuring bamboo flooring, mini-split heating/cooling, hot water heater, sink, a basement with egress and a spacious deck with stunning views. RV hookups are adjacent to the studio. Adjacent to this retreat space is a 40 ft x 10 ft x 4 ft irrigation pond with its own deck. This unique feature can double as a place to cool down or as an irrigation source for the property. An 8-foot deer fence surrounds the area, creating the perfect protected spot for your dream garden. The Clayton Homes manufactured residence is efficient and comfortable, offering one bedroom, one bathroom, and its own mini-split system and its own hot water heater. Live here while building your dream home or simply enjoy the charm and simplicity it provides. This space has also served as a successful long-term Airbnb rental, generating $1,300$1,800 per month. For equestrian and homesteading enthusiasts, there's a large horse pasture, a shade structure for horses, a shipping container on a foundation for hay storage, and a secure space for smaller animals such as goats or chickens. With its ample water, solar power, unique structures, and breathtaking views, this Castle Valley property offers endless potential-whether you envision an escape, a creative retreat, or a small farmstead.
Listed by Becky Byrd · Summit Sotheby's International Realty
438 CASTLE VALLEY DR S DR, Castle Valley, UT 84532
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Cap Rate
1.39%
Cash-on-Cash
-8.76%
Cash Flow
-$2,122/mo
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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 8/26/2026, 2:27:54 AM. 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.