850 S 500 E, Parowan, UT 84761

$2,799,000

Est. $16,807/mo

Beds
2
Baths
5
Sq ft
6,956
Built
1983

Why this home stands out

Luxury Estate

About this home

Discover this rare and exceptional opportunity to own a 13.9 acre, mountain retreat that perfectly combines convenience and serenity. Enjoy the security of a private, gated estate, bordered by BLM land, with abundant nature and expansive views combined with the convenience of city services and public utilities. This one-of-a-kind property features multiple structures offering countless options and opportunities and is a mere 15 minutes from Brian Head Resort. The primary structure, a custom log home containing nearly 7000 square feet, is an entertainer's dream. It is rich in rustic elegance and is complemented by an array of thoughtfully designed amenities. The inviting great room is enhanced by a large stone fireplace, high ceilings and exposed log truss work. The expansive kitchen includes two bars, 4 sinks and a remarkable appliance package that will accommodate your largest gatherings. The 2-story, 2000+ square foot primary suite is a true sanctuary, complete with a cozy fireplace, his-and-hers walk-in closets, his-and-hers water closets, and a generous loft with two private decks. The beautiful log work continues through an additional entertaining area and a large office complete with... yet another fireplace. A second guest suite, main-floor laundry, and a half bath complete the main level. Several custom fixtures and log furniture pieces are included, adding to the home's distinctive character and mountain-lodge appeal. The basement of the main home includes a walk-in safe, wine cellar and ample storage. A large, natural gas generator provides enhanced security and convenience. The property's impressive amenities extend well beyond the main residence. A detached, 1300 square foot pool house features an indoor swimming pool and wall shower, offering year-round enjoyment. A detached, 1000+ square foot guest house includes a dedicated fireplace, a full kitchen and its own covered deck. The guest house provides comfortable accommodations for family, guests, extended stays and offers a great opportunity for supplemental income. An additional, detached studio offers a dedicated space for creativity, crafts, or hobbies. Plus a spacious flex room offering more than 800 additional square feet. Use it for your personal gym, office, storage space, or home-based business. Additional outdoor spaces include a massive covered BBQ area, an enclosed gazebo, numerous covered decks, a green house, storage sheds, garden beds, a fenced orchard, and dog runs. Garage space and storage are in abundant supply with multiple structures totaling nearly 2800 square feet with extra depth and oversized doors to accommodate all your vehicles and toys. This sizable parcel combined with direct access to BLM land provides the best in country living. Hiking, biking, horseback riding, hobby farming, skiing, off-roading and countless other activities are all at your fingertips. R3 (Multi-Family Residential) zoning offers many options for personal use and potential income. Enjoy convenient access to Brian Head Resort for year-round recreation along with proximity to local amenities. Whether envisioned as a remarkable private estate, a corporate retreat, a multigenerational gathering place, or a stunning wedding and event venue, this extraordinary property offers a rare combination of space, character, amenities, and versatility. A truly unique opportunity to own an expansive Southern Utah retreat where the possibilities are as remarkable as the setting. Showings by appointment only. Buyer and Agent to verify square footage and all information.

Features

  • Pool
  • Fireplace
  • Bath: Primary
  • Bath: Sep. Tub/Shower
  • Closet: Walk-In
  • Den/Office
  • Disposal
  • Great Room
  • Kitchen: Second
  • Oven: Double
  • Range: Gas
  • Range/Oven: Free Stdng.
  • Vaulted Ceilings
  • Balcony
  • Deck; Covered
  • Double Pane Windows
  • Entry (Foyer)
  • Out Buildings
  • Lighting
  • Patio: Covered
  • Porch: Open
  • Sliding Glass Doors
  • Storm Doors
  • Patio: Open

Agents

Connect with your buyer agent

Get local guidance on this home from Juston.

JP

Salt Lake County Realtor | Smart Real Estate. Lasting Legacy.

KW Utah Realtors Keller Williams (REVO)

20 yrs experience

Salt Lake City, West Valley City
Dedicated buyer representation

Listed by RUSSELL E LARSEN

Fathom Realty (St George)

MLS #2194057

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See the deal analysis, value and rental income

Ask Juston how this home rates as a deal, what it should sell for, and what it could earn as a long-term or short-term rental.

  • Deal score
  • Estimated value
  • Rental income

Schools

Iron

Home details

Property

Type
Residential
Style
Single Family Residence
Architectural style
Cabin
Year built
1983
Stories
3
Above grade area
5,996 sq ft
Condition
Blt./Standing
Construction
Log,Stone
County
Iron
Zoning
Single-Family, Multi-Family, Short Term Rental Allowed
MLS #
2194057

Costs

List price
$2,799,000
Annual taxes
$11,259
Home warranty
No

Lot and parking

Lot
14 ac
Lot features
Fenced: Part,Road: Paved,Secluded,Sprinkler: Auto-Part,Terrain: Mountain,View: Mountain,View: Valley,Wooded,Private
Garage
6 cars
Covered spaces
10
Total parking
10

Systems

Heating
Electric,Forced Air,Gas: Central,Wall Furnace
Cooling
Central Air
Roof
Metal
Flooring
Carpet,Hardwood,Tile
Basement
Partial
Appliances
Ceiling Fan,Dryer,Freezer,Gas Grill/BBQ,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Patio and porch
Covered,Porch: Open,Patio: Open
Water
Culinary,Irrigation
Sewer
Sewer: Public
View
Mountain(s),Valley
All home details58 details

Property Info

Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Cabin
Condition
Blt./Standing
MLS #
2194057
County
Iron
Year Built
1983
New Construction
No
Stories
3
Total Rooms
15
Living Area
6,956 sq ft
Above Grade Area
5,996 sq ft
Lot Size (Acres)
13.9
Lot Size
605,484 sq ft
Zoning
Single-Family, Multi-Family, Short Term Rental Allowed

Bedrooms & Baths

Bedrooms
2
Total Bathrooms
5
Full Baths
2
Half Baths
3

Financial

List Price
$2,799,000
Original Price
$2,799,000
HOA
No
Annual Taxes
$11,259
Home Warranty
No

Structure

Construction
Log,Stone
Basement
Partial
Roof
Metal
Flooring
Carpet,Hardwood,Tile
Heating
Electric,Forced Air,Gas: Central,Wall Furnace
Cooling
Central Air
Appliances
Ceiling Fan,Dryer,Freezer,Gas Grill/BBQ,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Patio & Porch
Covered,Porch: Open,Patio: Open

Lot & Land

Lot Features
Fenced: Part,Road: Paved,Secluded,Sprinkler: Auto-Part,Terrain: Mountain,View: Mountain,View: Valley,Wooded,Private
Topography
Fenced: Part, Road: Paved, Secluded Yard, Sprinkler: Auto-Part, Terrain: Mountain, View: Mountain, View: Valley, Wooded, Private
View
Mountain(s),Valley
Waterfront
No
Horse Property
No

Parking

Garage
Yes
Garage Spaces
6
Carport
Yes
Covered Spaces
10
Total Parking
10
ADU
Yes

Amenities

Fireplace
Yes
Fireplaces
3
Pool
Yes
Spa/Hot Tub
No
Inclusions
Ceiling Fan, Dog Run, Dryer, Freezer, Gas Grill/BBQ, Gazebo, Microwave, Range, Range Hood, Refrigerator, Storage Shed(s), Washer, Water Softener: Own, Workbench, Video Camera(s)

Utilities

Water Source
Culinary,Irrigation
Sewer
Sewer: Public
Utilities
Natural Gas Connected,Electricity Connected,Sewer: Public,Water Connected

Schools

Elementary
Parowan
Middle School
None/Other
High School
Parowan
Elementary District
Iron

Timeline

Listed
Oct 31, 2026
Days on Market
0
Status
Active

Parowan market

Explore Parowan
  • Parowan median

    $375,000

    This home: 646% above

  • Days to sell

    13

    Utah: 70

  • Homes for sale

    11

  • Price range

    $320k – $3.2M

  • Sale to list

    98%

SafetyLow Crime · 21.9 incidents per 1,000 residents · 53% below the Utah average

Safety rating 7.5 out of 10.

Violent

4.9

per 1,000 · national 3.6

Property

8.0

per 1,000 · national 17.6

vs Utah

−53%

46.4 per 1,000 statewide

vs Iron

−37%

34.9 per 1,000 countywide

Society

9.0

per 1,000

Population 3,237 · 2024 reports · Local rates use NIBRS; national rates use FBI UCR index crimes, which count fewer offense types.

Location

850 S 500 E, Parowan, UT 84761

Open in map search

Common questions

About 850 S 500 E, Parowan, Utah
What is the asking price for 850 S 500 E, Parowan?

850 S 500 E, Parowan is listed at $2,799,000 ($402/sqft). This listing is currently active and available for showings.

Is 850 S 500 E, Parowan a good deal?

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 10/100. This analysis considers price relative to comparables, days on market, price reductions, and market conditions.

What lifestyle features does 850 S 500 E, Parowan offer?

Propaired's AI has identified 10 lifestyle features for this property: Cabin & Mountain, Luxury Estate, OHV & ATV Trails, Pool, Hot Tub & Spa, Vineyard & Orchard, ADU & Multigenerational, Investor Special, Large Acreage, Pet Friendly. The primary lifestyle niche is "vineyard_orchard." These tags are derived from MLS data, property features, and location analysis.

What schools serve 850 S 500 E, Parowan?

Assigned schools: Elementary: Parowan; Middle: None/Other; High: Parowan. There are 1 schools within 3 miles of this property. The highest-rated nearby school is Parowan High with a 62% state performance score (1.3 miles away). School district: Iron.

Is 850 S 500 E, Parowan in a flood zone?

This property is classified as low. Flood insurance is not typically required but may be recommended. Always verify current FEMA maps as they are periodically updated.

How does this listing compare to the Parowan market?

850 S 500 E, Parowan is listed at $2,799,000, which is above the Parowan median of $375,000 by $2,424,000. There are currently 11 active listings in Parowan. Homes in Parowan sell in an average of 13 days. The average sale-to-list ratio is 98.1%.

All 8 questions
What would homeowner's insurance cost for 850 S 500 E, Parowan?

Homeowner's insurance in Utah typically ranges from 0.3% to 0.5% of the home's value annually. For a home listed at $2,799,000, expect approximately $8,397-$13,995/year ($700-$1,166/month). Get multiple quotes — rates vary significantly by insurer.

Could 850 S 500 E, Parowan be a 1031 exchange property?

Yes, 850 S 500 E, Parowan could potentially qualify for a 1031 like-kind exchange if used as an investment or business property. A 1031 exchange allows deferral of capital gains taxes by reinvesting proceeds from one investment property into another. Key requirements include identifying a replacement property within 45 days and closing within 180 days. The property must be held for investment purposes — personal residences do not qualify. Consult a qualified intermediary and tax advisor for specific guidance.

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