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For sale
  • $1,295,000

    1550 S Cove View Rd, Richfield, UT 84701

    --beds
    --baths
    --sqft
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    $7,948/mo
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    Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Spectacular monroe mountain viewsOversized three-car garageOpen-concept floor planMain-level livingThree bedrooms
    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.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Brad Garfield 435-452-2773,

    Equity Real Estate (Advisors)

    Source: UtahRealEstate.com,MLS#: 2190836MLS Logo

      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

        DateEventPrice
        10/13/2026Listed for sale$1,295,000
        Source: UtahRealEstate.com #2190836 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 84701

        Getting around

        18 / 100
        Car-Dependent
        24 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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