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328 CASTLE VALLEY DR photo 11 / 58
Under ContractSingle Family

$1,500,000

328 CASTLE VALLEY DR, Castle Valley, UT 84532

Type

SFR

List Price

$1.50M

Price/Sqft

$605

Est Gross Yield

2.5%

$36,972/yr est.

Property Details

Property typeSingle Family
Year built1995
Total units1
Living area2,479 sqft
Bedrooms3
Bathrooms2
Lot size6.6 acres
Parking9 spaces
Days on market28
Listed2026-05-15T00:00:00+00:00

Description

Designed in a timeless Southwestern style, the home embraces seamless indoor-outdoor living with expansive outdoor spaces and multiple doors opening to patios and courtyards. Warm Saltillo tile floors, Talavera tile accents, earthy tones, exposed beams milled in La Sal, and a striking kiva fireplace create an inviting atmosphere throughout, while in-floor radiant heat and active solar enhance energy efficiency and comfort. Solid wood doors and custom-built kitchen cabinetry showcase exceptional craftsmanship, and speakers wired throughout the home add to the effortless livability of the space. At the heart of the property, the private pond-9 feet deep at the center and stocked with koi and largemouth bass-reflects the changing desert light and attracts birds and wildlife, transforming the grounds into a private wildlife refuge. A charming windmill aerates the pond, adding both function and character to the landscape. The property is further distinguished by one of the best wells in Castle Valley, prized for both exceptional water quality and quantity. The 1,050 sq. ft. artist's studio features abundant natural light and cork flooring, offering an inspiring creative space. Thoughtful custom details continue throughout the home, including built-in cedar shelving in the primary suite walk-in closet, built-in bookcases in the office, a garage workbench, and a private patio off the primary suite with a hookup for a hot tub beneath the desert stars. Artistic craftsmanship is woven into every corner of the property, from the ironwork on the front gate imported from Portugal to the sculptural custom rain gutters created by renowned Castle Valley artist Michael Ford Dunton. Rarely does a property combine architectural character, natural beauty, sustainability, and privacy so effortlessly. This is more than a home-it is a soulful desert retreat designed for peaceful living, creativity, and connection to the extraordinary landscape of Castle Valley. Water rights included. Buyer to verify all information, including square footage and acreage. Square footage figures are provided as a courtesy estimate only and were obtained from tax assessment records. Buyer is advised to obtain an independent measurement.

Listed by Susan Shrewsbury · Summit Sotheby's International Realty

Location

328 CASTLE VALLEY DR, Castle Valley, UT 84532

Proforma

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Cap Rate

1.64%

Cash-on-Cash

-8.10%

Cash Flow

-$3,797/mo

Purchase Price$1,500,000
Down Payment35% ($525,000)
Interest Rate6.00%
Monthly Rent$3,081/mo
Vacancy5%
Expense Ratio30% ($10,537)

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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 6/12/2026, 3:27:25 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.