Sold St. George Utah Luxury Real Estate

St. George, Utah – it’s Wednesday, May 13, 2015 and since April 1, two Southern Utah luxury real estate listings have closed escrow in Washington County.

While escrows closing for over $1 million in Southern Utah are a relatively common occurrence … they tend to become fewer and further in between as we get closer to the summer months.

Important note: I’ve been going through the refinancing process on my own personal residence. As such, I recently had my home appraised by R1 appraisals. During an extended conversation with Carl Wright, the gentleman who appraised my home, I was informed that several agents are encouraging their buyers to withhold their purchase price from the MLS. While that’s perfectly legal in Utah, it makes it much more difficult for appraisers who specialize in jumbo loans to find helpful comps.

 Sold St. George Utah Luxury Real Estate

Currently, there are 53 single-family residential listings in the greater St. George area for over $1 million. Within these 53 high-end listings there is a vast selection to choose from: from the stylish guard gated community of Stone Cliff, to the luxurious golf course community of Entrada. These architecturally significant homes offer amenities and features sure to entice the most discerning of buyers.

Price | Status | MLS #List PriceSold PriceSold DateDays On MarketList/Sold Price Sqft

1

$1,725,000
2596 E Flint Dr.
St George, UT 84790
Closed / 14-160225  

1,800,0001,725,00004/20/2015181320.23 / 306.88

The first piece of pricey property to close escrow in the last 40 days was located up in the elegant community of Stone Cliff. Originally built in 2015, this home was initially listed for $1,800,000 on September 25, 2014 and closed escrow for $1,725,000, after spending 180 cumulative days on market. This stunning Stone Cliff residence featured the incredible signature views that southern Utah’s famous for. With an ultimate sales price of $306.88 per square foot, the spectacular single-family residential listing provides great comps for future sales in Stone Cliff.

Price | Status | MLS #List PriceSold PriceSold DateDays On MarketList/Sold Price Sqft

1

$1,130,000
2036 W 450 SOUTH Circle
St George, UT 84770
Closed / 15-164150  

1,199,9001,130,00005/01/201522172.28 / 162.24

The second of our two most recently sold million dollar plus listings was a Highlands at Green Valley beauty. Featuring panoramic views of the Sun Brook golf course, Snow Canyon State Park and the towering Pine Valley Mountains, this home originally built in 2015. The 6965 ft.² Green Valley home was also originally listed for $1,199,900 and sold for $1,130,000 – or $162.24 per square foot. This gorgeous home was custom-built and located on a quiet cul-de-sac. Amenities: beautiful wood work, gourmet kitchen, theater/game room, backyard with an outdoor kitchen, 2 fire pits, pool, and hot tub.

*The above information is deemed to be reliable, but is not guaranteed. Copyright 2015 – www.UtahMLSRealEstate.com – prepared by Alex Yeager on Wednesday, May 13, 2015.