The FA Thorley Subdivision is one of our larger subdivisions. It was built in several phases and is intersected by Interstate 15. It is just South of Southern Utah University, and does go up on to Leigh Hill West of Interstate 15. I am focussing on the area that is just South of the University. These are great homes, both to buy to live in and to buy as investments and turn them into rentals for students.
The Subdivision is across the street from University Parking areas and the Tennis Courts. These homes were built in the early 1970’s, they typically have lots that range .19 of an acre to .5 of an acre. It is a subdivision with mature trees and is usually pretty quiet.
Currently there are 5 homes listed for sale in the F A Thorley Subdivision ranging in price from $187,000 to $299,900. These homes are around 1600 square feet, usually with at least a partial, if not a full basement.
Market Update 3/15/2012: There are currently 2 homes listed for sale in the Multiple Listing Service. One is listed at $195,000 and the other is listed at $265,000. In the past 12 months there have been no homes sell. There is one building lot listed for sale at $34,900 for a third of an acre lot.
The FA Thorley Subdivision is a unique subdivision in that there was a large time span between construction phases, it is also still one of the more desired locations in the Cedar City Real Estate Market.
Here are some photos: