Castle gate is one of the subdivisions in The Cedar City Real Estate Market that has really attracted the first time homebuyer and investors. There are some larger two story homes in the subdivision but even they are built for the first time home buyer. This subdivision is situated between the Bramblewood and the Bella Monte subdivisions.
These homes were built in the mid to late 1990’s. This was a subdivision that was hit hard with short sales and foreclosures. There have been some great bargains in Castle Gate.
There are currently 6 homes listed for sale in our MLS ranging from $80,000 to $148,000.
Market Update 3/21/2012: There are currently 4 homes listed for sale in the Multiple Listing Service. The list prices on these homes range from $60,000 to $90,000. In the past 12 months there have been 2 homes sell. They sold for $107,000 and $112,000. There is currently 1 lot listed for sale. It is .16 of an acre and listed for $7,800.
Castle Gate is one of those subdivisions that was really hit hard in the economic downturn, but it remains a good location for investors and first time home buyers. If you’re interested in more information about the Castle Gate Subdivision or any other area in the Cedar City Real Estate Market, please contact us. You can email us at firstname.lastname@example.org or call us at 435-701-1812. Our web site www.livingincedarcity.com has a search feature, so you can look for yourself to find a dream home!
Here are some photos: