For sale MLS# 2181600 · 63 days on the market
$290,000
It starts with a call with an agent.
1298 N 1050 W, St. George, UT 84770
About this home
**LAND WITH CASH FLOW!?!** Some might call it a unicorn. I'll just say: This is a unique investment opportunity. Priced at an **8.5% CAP rate**, it already produces rental income while still offering plenty of future potential. With tenants on month-to-month agreements, you also have the flexibility to park your own RV, use the additional space for storage, or explore other options down the road. This is a legal non-conforming property, meaning the current use was established before today's zoning rules and is grandfathered in. The lot is also buildable, with utilities already in place, giving you options for future development. Located within St. George city limits, near shopping, theaters, restaurants, and more while still enjoying a quiet and private setting. Mature trees provide afternoon shade, and the elevated lot offers beautiful desert sunset views. Whether you're looking for an income-producing investment, a future homesite, or a combination of both, this property offers flexibility that is hard to find in Washington County.
Written by the listing agent.
Location
The market in St. George today
$290,000 is 32% below the median asking price in St. George.
24% of the listings for sale have lowered their price at least once.
From the listings for sale, as of October 25, 2026. Asking prices only: Utah does not make sold prices public.
Living in St. George
St. George is the county seat of Washington County in southwestern Utah, located on the Arizona-Utah border at the northeastern edge of the Mojave Desert. Settled in 1861, the city lies 118 miles northeast of Las Vegas and 300 miles south-southwest of Salt Lake City on Interstate 15.
- 95,342 residents (2020)
- 84 named trails
- 41 named parks
Monthly payment
- Principal & interest
- $1,607
- Property tax
- $82
- Home insurance
- $110
10% down ($29,000), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.
Details
- Lot
- 0.27 acres
- Subdivision
- BOWLER, ENCE & MARSH
- Sewer
- Septic Tank
- County
- Washington
- Faces
- West
- Zoning
- Single-Family
See all 7 details
- Terms
- Cash, Conventional, Exchange
- Terrain: Grad Slope
- View: Mountain
- View: Valley
- Terrain: Flat
- Valley
- Electricity Available
- Sewer: Septic Tank
Schools
Assigned schools as reported to the MLS by the listing agent. Boundaries change; confirm enrollment with the district. · Washington
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Listing courtesy of Coldwell Banker Premier Realty / Jared Turd'L Miller. Based on information from UtahRealEstate.com as of 10/14/2026 5:05 PM. 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.