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0 Baths

$1,295,000

1550 W COVE VIEW RD, Richfield UT, 84701

Price per sqft$3.26
Lot size9.13 Acres
Property typeLand

Overview

Active

Listed Oct 13, 2026

Updated 2 days ago

Rare 9+ Acre Twin-Home Development Opportunity in Richfield, Utah! Builders, developers, and investors-capitalize on the opportunity to develop Valley Ridge Twin Homes, a thoughtfully planned residential community featuring 38 planned multifamily lots on approximately 9+ acres in a highly desirable location adjacent to Cove View Golf Course. With Planning Commission and City Council approvals already secured, the project is awaiting completion of final engineering. This is an exceptional opportunity to advance a residential development featuring generous lot sizes, spectacular Monroe Mountain views, and a sought-after recreational location. ENGINEERED BUILDING PLANS IN PLACE - The proposed home design features approximately 4,140 square feet per twin-home side, combining spacious living with practical features tailored to today's buyers. The open-concept floor plan includes 10-foot main-level ceilings, main-level living, three bedrooms, two full bathrooms, and 9-foot basement ceilings. A standout feature is the oversized three-car garage, designed to accommodate two vehicles plus a golf cart, ATV, side-by-side, or additional recreational storage. This distinctive design offers an appealing combination of space, functionality, and recreational versatility rarely found in a twin-home layout. FLEXIBLE MARKETING POTENTIAL - Each twin-home side can be marketed separately with its own listing, offering flexibility in how the finished homes are brought to market. Individual parcel numbers and property addresses are expected to be assigned to each lot upon recording of the final subdivision plat. DEVELOPMENT STATUS - Planning Commission and City Council approvals have been secured, and the project is awaiting completion of final engineering. This represents a significant step forward in the development process while leaving the final engineering and subdivision recording stages to be completed. AN EXCEPTIONAL RECREATIONAL LOCATION - Situated adjacent to the 18-hole Cove View Golf Course, Valley Ridge offers convenient access to some of Utah's best ATV and side-by-side trails, as well as Fishlake National Forest, renowned for fishing, hunting, camping, and year-round outdoor recreation. Residents can enjoy beautiful Monroe Mountain views, nearby schools, shopping, everyday conveniences, and convenient freeway access for travel throughout Central and Southern Utah, including destinations such as Moab and St. George. POSITIONED FOR FUTURE GROWTH - As rising housing costs in Utah's major population centers encourage buyers to explore communities beyond the Wasatch Front and southern Utah, Richfield offers an appealing combination of small-town living, affordability, recreational amenities, and convenient regional access. Its outdoor lifestyle and central location make it an attractive market for buyers seeking more space and a different pace of life. Valley Ridge Twin Homes offers builders and investors an opportunity to position themselves in this market with a thoughtfully planned residential development in a desirable location. THE OPPORTUNITY - Valley Ridge Twin Homes brings together scale, municipal approvals, engineered home plans, distinctive home designs, and a sought-after golf course location. With 38 planned multifamily lots and a home design tailored to buyers who value spacious living and recreational storage, this development offers an opportunity to create a distinctive residential community in Richfield. Whether you are a builder looking to bring a new community to market or an investor evaluating your next residential project, Valley Ridge Twin Homes deserves your consideration. Buyer to verify subdivision status, final engineering, plat recording, zoning, utilities, lot configuration, building plans, development requirements, and all applicable approvals.

Additional information

MLS® ID
2190836

Exterior Features

Lot Size
9.13 Acres

Other Property Details

Taxes
$3,227
Tax Frequency
Annually
View
Yes
55+/Senior Community
No

Courtesy of Equity Real Estate (Advisors)

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 4:28 AM UTC, 10/14/2026. 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 deemed reliable but not guaranteed and should be independently verified. Properties may or may not be listed by the office/agent presenting the information. 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. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Dustin & Angie Hammer shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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