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$1,100,000

1170 S Cove View Rd Richfield, UT 84701

24 beds
24 baths
13,014 sqft
1.0 acres
$85 / sqft
Multi-Family

Property details

About 1170 S Cove View Rd

Investment Opportunity The Royal Inn Don't miss this rare opportunity to own a 24-room motel located in a growing and increasingly popular area of town. This well-maintained property offers strong current income with significant upside potential as the surrounding community continues to expand. With high occupancy this property is already a solid performer. There's ample room for revenue growth as updates and enhancements are made to the guest rooms and amenities. Whether you're a seasoned investor or new to hospitality, the Royal Inn offers a stable cash flow and the chance to increase returns through strategic improvements. A solid investment in a prime location-schedule your private tour today and explore the full potential of this hospitality gem. Seller is a licensed Real Estate Broker.

Highlights

Home typeMulti Family
StatusActive
Size13,014 sqft
Lot size1 Acres
Year built1978
MLS #2098075
ViewMountain(s)

Summary

  • Flooring Type: Carpet, Linoleum
  • Total Bedroom Count: 24
  • Attached Garage: No
  • Private Pool: No
  • View: Mountain(s)
  • Architectural Style: Side By Side
  • List Price: $1,100,000
  • Price/SqFt: $84
  • Annual Tax Amount: $6,940
  • Tax Year: 2023
  • Year Built: 1978
  • Stories: 0
  • Living Area: 13,014 SqFt
  • Lot Size: 1 Acres
  • MLS Number: 2098075
  • MLS Name: UtahRealEstate.com
  • Office Name: Coldwell Banker Preferred Properties
  • Office Phone: (435) 896-5550
  • Listing Agent: Troy Poulsen

IDXBased on information from UtahRealEstate.com 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 should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information deemed reliable but not guaranteed accurate. The compilation of listings and each individual listing are Copyright © 2025 UtahRealEstate.com All rights reserved.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/14/2025, 6:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$694,055$6,940
2022$555,240$6,081
2021$537,740$6,081
2020$398,390$5,424
2019$398,390$5,621
2017$352,190$5,621

History based on county public records data.

Nearby schools

6

Pahvant School

Public District 3-5

1.6 mi

520 N 300 W

6

Monroe School

Public District KG-5

8.4 mi

40 W Center St

5

Salina School

Public District KG-5

19.0 mi

210 W 300 N

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $57,358. The most common annual income of people living in Richfield, UT is between $35k-100k. Typical family type is married, with kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

29%
<35k
49%
35k-100k
19%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

30%
Single, No Kids
10%
Single, with Kids
22%
Married, No Kids
38%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

25%
<11 yrs old
10%
12-17 yrs old
24%
18-34 yrs old
32%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Extreme SportsExtreme Sports
  • College FootballCollege Football
  • MotocrossMotocross

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Express/Express For MenExpress/Express For Men
  • GameStopGameStop

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • SonicSonic
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • ChevroletChevrolet
  • KiaKia
  • JeepJeep

What do the neighbors listen to?

  • CountryCountry
  • New CountryNew Country
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

Frequently asked questions

About 1170 S Cove View Rd

The listing price of 1170 S Cove View Rd property is $1,100,000.

The property 1170 S Cove View Rd is a multi located in Richfield, Utah, 84701.

Active Listing: 1170 S Cove View Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1170 S Cove View Rd are: Pahvant School (GreatSchools Rating 6/10), Monroe School (GreatSchools Rating 6/10), Salina School (GreatSchools Rating 5/10), Red Hills Middle School (GreatSchools Rating 4/10), South Sevier Middle School (GreatSchools Rating 7/10), North Sevier Middle School (GreatSchools Rating 5/10), Richfield High School (GreatSchools Rating 6/10), Cedar Ridge High School (GreatSchools Rating 1/10), South Sevier High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2023 is $6,940 (source: MLS/based on county public records data).

The property 1170 S Cove View Rd is 13,014 SqFt (source: MLS/tax record).

The year of construction for 1170 S Cove View Rd is 1978.

This home is located at 1170 S Cove View Rd in Richfield, UT and zip code 84701. This 13,014 square foot home, which was built in 1978, sits on a 1.00 acre lot. Features: 24 bedrooms, 24 bathrooms. It has been listed on Rocket Homes since July 11, 2025 and is currently priced at $1,100,000.

Between May and June 2025, Richfield, UT real estate market has seen increase in the number of listings by 20.5%. Listings spent 125 days on the market in June 2025, and had a median list price of $399,900 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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