562 E Dry Springs Ln, Washington, UT

About 562 E Dry Springs Ln

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.

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