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700 E PETER SPRINGS RD photo 11 / 53
Single Family

$757,000

700 E PETER SPRINGS RD, Monticello, UT 84535

Type

SFR

List Price

$757,000

Price/Sqft

$403

Est Gross Yield

1.9%

$14,760/yr est.

Property Details

Property typeSingle Family
Year built2020
Total units1
Living area1,880 sqft
Bedrooms3
Bathrooms2
Lot size309.08 acres
Parking14 spaces
Days on market14
Listed2026-05-29T00:00:00+00:00

Description

Your ranch awaits! Nestled northeast of Monticello, this private 309-acre peaceful retreat, complete with an abundance of waterfowl and local wildlife surrounding the Iron Springs Reservoir. Passing through the gate and down the well-maintained, properly culverted gravel drive, you are welcomed by an immaculate, fully furnished 2020 double wide manufactured home featuring 3 bedrooms and 2 bathrooms. The residence boasts a beautiful, expansive kitchen with a hidden butler's pantry, a spacious master suite complete with a large bathroom and walk-in closet, and electric window AC units for seasonal comfort. For vehicle and equipment storage, the home also includes an attached 29x30 four-car garage topped with a durable metal roof. Heading down toward the water's edge, you'll find a 1,280-square-foot 1997 single wide manufactured home currently designated for storage. Its added back deck offers the perfect vantage point to take in views of the lush trees, the private dock extending into the reservoir, and the stunning Blue Mountains. The property's extensive infrastructure continues with several versatile outbuildings, including a 21x30 pole barn/detached garage equipped with 100-amp power, a 20x30 corral building, and two chicken coops. Having previously operated as an elk farm, a portion of the acreage features 8-foot-high cross-fencing. Backed by an existing well, water rights, and 3-phase power, the property is ready for your special touch, your animals, your business venture, your dreams! Property has two parcel numbers: 32S25E302400, 32S24E250000

Listed by Kristie Whipple · Realtypath LLC (Moab)

Location

700 E PETER SPRINGS RD, Monticello, UT 84535

Proforma

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Cap Rate

1.30%

Cash-on-Cash

-9.01%

Cash Flow

-$2,132/mo

Purchase Price$757,000
Down Payment35% ($264,950)
Interest Rate6.00%
Monthly Rent$1,230/mo
Vacancy5%
Expense Ratio30% ($4,207)

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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, 2:01:03 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.