Rare 9+ Acre Twin-Home Development Opportunity in Richfield, Utah! Builders, developers, and investors-capitalize on the opportunity to develop Valley Ridge Twin Homes, a thoughtfully planned residential community featuring 38 planned multifamily lots on approximately 9+ acres in a highly desirable location adjacent to Cove View Golf Course. With Planning Commission and City Council approvals already secured, the project is awaiting completion of final engineering. This is an exceptional opportunity to advance a residential development featuring generous lot sizes, spectacular Monroe Mountain views, and a sought-after recreational location. ENGINEERED BUILDING PLANS IN PLACE - The proposed home design features approximately 4,140 square feet per twin-home side, combining spacious living with practical features tailored to today's buyers. The open-concept floor plan includes 10-foot main-level ceilings, main-level living, three bedrooms, two full bathrooms, and 9-foot basement ceilings. A standout feature is the oversized three-car garage, designed to accommodate two vehicles plus a golf cart, ATV, side-by-side, or additional recreational storage. This distinctive design offers an appealing combination of space, functionality, and recreational versatility rarely found in a twin-home layout. FLEXIBLE MARKETING POTENTIAL - Each twin-home side can be marketed separately with its own listing, offering flexibility in how the finished homes are brought to market. Individual parcel numbers and property addresses are expected to be assigned to each lot upon recording of the final subdivision plat. DEVELOPMENT STATUS - Planning Commission and City Council approvals have been secured, and the project is awaiting completion of final engineering. This represents a significant step forward in the development process while leaving the final engineering and subdivision recording stages to be completed. AN EXCEPTIONAL RECREATIONAL LOCATION - Situated adjacent to the 18-hole Cove View Golf Course, Valley Ridge offers convenient access to some of Utah's best ATV and side-by-side trails, as well as Fishlake National Forest, renowned for fishing, hunting, camping, and year-round outdoor recreation. Residents can enjoy beautiful Monroe Mountain views, nearby schools, shopping, everyday conveniences, and convenient freeway access for travel throughout Central and Southern Utah, including destinations such as Moab and St. George. POSITIONED FOR FUTURE GROWTH - As rising housing costs in Utah's major population centers encourage buyers to explore communities beyond the Wasatch Front and southern Utah, Richfield offers an appealing combination of small-town living, affordability, recreational amenities, and convenient regional access. Its outdoor lifestyle and central location make it an attractive market for buyers seeking more space and a different pace of life. Valley Ridge Twin Homes offers builders and investors an opportunity to position themselves in this market with a thoughtfully planned residential development in a desirable location. THE OPPORTUNITY - Valley Ridge Twin Homes brings together scale, municipal approvals, engineered home plans, distinctive home designs, and a sought-after golf course location. With 38 planned multifamily lots and a home design tailored to buyers who value spacious living and recreational storage, this development offers an opportunity to create a distinctive residential community in Richfield. Whether you are a builder looking to bring a new community to market or an investor evaluating your next residential project, Valley Ridge Twin Homes deserves your consideration. Buyer to verify subdivision status, final engineering, plat recording, zoning, utilities, lot configuration, building plans, development requirements, and all applicable approvals.
For sale
$1,295,000
1550 S Cove View Rd, Richfield, UT 84701
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Multi Family
Built in ----
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$-- Zestimate®
$--/sqft
$-- HOA
What's special
Spectacular monroe mountain viewsOversized three-car garageOpen-concept floor planMain-level livingThree bedrooms
- 7 hours
- 11
- 0
Zillow last checked:
Listing updated:
Listed by:
Brad Garfield 435-452-2773,
Equity Real Estate (Advisors)
Source: UtahRealEstate.com,MLS#: 2190836
Facts & features
Interior
Features
- Has fireplace: No
Property
Features
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 9.13 Acres
Details
- Parcel number: 11116
- Zoning description: Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Blt./Standing
- New construction: No
Utilities & green energy
- Utilities for property: Natural Gas Available, Electricity Available, Sewer Available
Community & HOA
Community
- Subdivision: Valley Ridge Twin Homes
HOA
- Has HOA: No
Location
- Region: Richfield
Financial & listing details
- Annual tax amount: $3,227
- Date on market: 10/12/2026
- Listing terms: Cash,Conventional,Seller Finance
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/13/2026 | Listed for sale | $1,295,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 84701
Nearby schools
Schools provided by the listing agent
- Elementary: Ashman
- Middle: Red Hills
- High: Richfield
- District: Sevier
Source: UtahRealEstate.com. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




