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562 E Dry Springs LN, Washington, UT 84780

New Listing
$799,900
Property Type: Residential Bedrooms: 7 Baths: 5 Square Footage: 3,841 Lot Size (sq. ft.): 11,761 Status: Active
Current Price: $799,900 List Date: 5/09/2024 Last Modified: 5/09/2024

Description

Welcome to this stunning custom-built home in the scenic region of Washington, Utah. Nestled on a large corner lot, this property at 562 E Dry Lane spans nearly 3,900 square feet of luxurious living space with the unique opportunity to generate income through its fully finished mother-in-law unit. Property Highlights: Versatile Living Options: The home features two distinct living spaces, each with its own entrance, kitchen, and living area. The upstairs boasts tall, vaulted ceilings and an open floor plan, complemented by a spacious bonus room/second master suite above the oversized 3-car garage. The downstairs offers a walk-out basement, perfect for renting, with privacy for both levels and additional parking.

Supplements: There are 2 Gas Hookups, 2 Refrigerators, 2 Ovens, 2 Dishwashers and 2 Microwaves. (one for each level) Income Potential: Generate substantial rental income with approximately $3,100/month possible for the upstairs and $1,850/month for the basement apartment. Historically, the entire home has been rented for $4,600 per month. High-End Finishes: Revel in the luxury of granite countertops and premium finishes across both levels of the home. Outdoor Living: Positioned on over a quarter acre, the home includes a fenced backyard with a second drive-through gate-ideal for storing recreational vehicles. Enjoy breathtaking views from the upstairs deck or relax in the expansive backyard featuring a pergola, fire pit, and ample space for entertainment. Desirable Location: Situated in a private neighborhood, this home provides serene living while being just minutes away from all the outdoor activities that the St. George area is famous for. This property is not just a home but an investment opportunity poised to offset your mortgage payments or serve as a profitable investment. Prospective buyers are advised to verify all information, including utilities and HOA details if applicable. Experience luxury, convenience, and potential income at 562 E Dry Lane-where every detail ensures comfort and every corner spells elegance. $400,000 of SELLER FINANCING IS AVAILABLE on the first mortgage @ 4.75%. The rest of the owner's equity would need to be cashed out. The rest of the terms are flexible.

More Information MLS# 24-250855

Contract Info

Current Price: $799,900 List Price: $799,900 List Price/SqFt: 208.25 Listing Date: 2024-05-08 Short Sale Status: No

Location, Tax & Legal

Geo Lat: 37.145486 Geo Lon: -113.500428 House Number: 562 Street Direction Pfx: E Street Name: Dry Springs Street Suffix: LN MLS Area: Greater St. George State/Province: UT Postal Code: 84780 County: Washington Subdivision: PERRY LANDING Tax ID: W-PRYL-633 Total Taxes: 2505.15 Tax Year: 2023 Elementary Schools: Sandstone Elementary Intermediate Schools: Washington Fields Intermediate Jr. High Schools: Pine View Middle Sr. High Schools: Pine View High

General Property Info

Listing Class: Single Family Realtor.com: Residential - Single Family Basement SqFt: 1605 Main SqFt: 1769 Upstairs SqFt: 467 Total SqFt: 3841 Primary Bedroom Level: 1st Floor Total Bedrooms: 7 Total Bathrooms: 5 Formal Dining Room: No Year Built: 2016 # Levels: 1 Lot Acres: 0.27 Garage Capacity: 3 Garage Type: Attached Carport Type: None Total Dues/Fees: 20 Assoc Dues Period: Monthly Ownership Transfer Fee: No

Office/Member Info

Buyer Brokerage Compensation (BBC): 2.5 Buyer Brokerage Comp (BBC) Type: %

Status Change Info

Status: Active

Foundation/Basement

Basement % Finished: 100

Property Features

Construction: Built & Standing Foundation/Basement: Basement Entrance; Full Basement; Walkout; See Remarks Exterior: Stucco Roof: Tile Garage/Parking: Attached; Extra Width; RV Parking Utilities: Culinary, City; Electricity; Natural Gas; Sewer Land Description: Curbs & Gutters; Paved Road; Secluded Yard; Terrain, Flat; View, Valley Water: Culinary Heating: Hot Water; See Remarks Air Conditioning: Central Air Inclusions/Features: Ceiling Fan(s); Hot Tub; Microwave; Refrigerator Showing Instructions: Call Agent/Appt Zoning: Mixed Zoning; Residential; See Remarks Accessibility Features: Accessible Doors Terms of Sale: Cash; Conventional; FHA; Seller Financing; VA Renting: Rentable, Restrictions May Apply; Short Term Rental (STR)

Room Information

Primary Bedroom Level: Main Bedroom 2 Level: Main Bedroom 3 Level: Main Bedroom 4 Level: Basement Bedroom 5 Level: Basement Bedroom 6 Level: Basement Bedroom 7 Level: Second Full Bathroom Level: Second Full Bathroom Level: Main Full Bathroom Level: Main Full Bathroom Level: Basement Full Bathroom Level: Basement Kitchen Level: Main Kitchen Level: Basement
Listing Office: EXP REALTY LLC
Last Updated: May - 09 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information deemed reliable but not guaranteed.