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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. 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% to 5.25% depending on the offee. The rest of the owner's equity would need to be cashed out. The rest of the terms are flexible.
| DAYS ON MARKET | 14 | LAST UPDATED | 5/14/2024 |
|---|---|---|---|
| TRACT | PERRY LANDING SUBDIVISION | YEAR BUILT | 2016 |
| COMMUNITY | Washington | GARAGE SPACES | 3.0 |
| COUNTY | Washington | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Oven, Gas Range, Microwave, Refrigerator |
| AREA | Washington |
| BASEMENT | Daylight, Full, Walk-Out Access, Yes |
| CONSTRUCTION | Stone, Stucco |
| EXTERIOR | Awning(s), Balcony, Gas Grill |
| GARAGE | Yes |
| HEAT | Forced Air, Hot Water |
| HOA DUES | 20|Monthly |
| INTERIOR | In-Law Floorplan, Walk-In Closet(s) |
| LOT | 0.27 acre(s) |
| LOT DESCRIPTION | Secluded |
| LOT DIMENSIONS | 0.0x0.0x0.0 |
| PARKING | Attached |
| STORIES | 3 |
| STYLE | Ranch/Rambler |
| SUBDIVISION | PERRY LANDING SUBDIVISION |
| TAXES | 2505 |
| UTILITIES | Natural Gas Available, Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Valley |
| ZONING | Single-Family |
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Listed with EXP Realty, LLC
The multiple listing information is provided by Teton BOR and Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
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