The Cedar City Real Estate Market has a few subdivisions that have great potential, but were started just about the time that the real estate bubble burst. Rancho Bonita is certainly one of those. Rancho Bonita is one of the subdivisions that are a little removed from Cedar City.
Rancho Bonita is another of the subdivisions with large lots they are 1/2 acres. This is a subdivision that offers great mountain views. It is quiet, and laid back. This was another subdivision where you were able to bring your own builder.
The homes in this subdivision are more of the custom sized homes and prices have ranged from $260K to one that is listed at $336K. The homes are mostly on a basement and have square footage at 1700 square feet on the main level, with additional square footage in the basement.
Market Update 10/30/2012: There is currently 1 home listed for sale in the Multiple Listing Service. It is listed for $224,900. In the past 12 months there have been 3 homes sell. These homes sold with prices ranging from $160,000 to $194,000. There are currently no lots listed for sale.
Rancho Bonita is one of those subdivisions with outstanding potential. It is one that was caught up in the real estate melt down. Rancho Bonita really has the potential to become one of the gems in the Cedar City Real Estate Market.
Here are some photos:
If you’re interested in a property in the Rancho Bonita subdivision, or any other location in the Cedar City Real Estate Market, contact us. Our email address is: firstname.lastname@example.org or you can call 435-701-1812. If you want to search the listings in the Cedar City Real Estate Market here is our website: www.livingincedarcity.com One other thing we are taking listings now to get them on the market for the Summer and Fall Real Estate Market. We would love to help you sell your house!