Investment Properties for Sale in La Sal, Utah
La Sal is a small ranching community tucked against the west side of the La Sal Mountains in San Juan County, about 35 miles southeast of Moab on the way to Monticello. Investment buyers come here for reasons that don't apply anywhere else in Utah: cheap acreage compared to Grand County, proximity to Moab's tourism economy without Moab's overnight-rental moratorium pressure, working grazing ground with water shares, and a steady stream of hunters, mountain bikers, and overlanders looking for lodging outside the crowded Moab corridor. Properties trade as raw land, small ranches, cabins, and the occasional single-family home set up as a short-term rental — multi-unit product is essentially nonexistent at this scale.
The math on a La Sal investment looks different than a Wasatch Front rental. Cap rates lean on seasonality (peak spring and fall for Moab-area tourism, fall again for elk season in the Manti-La Sal National Forest), and operating costs include well maintenance, propane, septic, and snow removal at elevations that routinely sit above 6,500 feet. Land buyers often hold for appreciation while running cattle or leasing pasture; cabin buyers usually run their own STR or hand it to a Moab-based property manager. Zoning, water rights, and access roads vary parcel by parcel, so due diligence here is heavier than in a typical subdivision purchase. Browse the active La Sal listings below to see what's currently on the market.
May 2026 · La Sal market
Live from the Utah MLS — what's actually happening in La Sal right now.
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Active listings
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Common questions
About investment properties in La Sal.
What kinds of investment properties show up in La Sal? ▾
Most listings fall into one of three buckets: small acreage parcels with a modest home or cabin, working ranch ground with grazing rights or water shares, and recreational holdings buyers run as short-term rentals for hunters, ATV riders, and Moab overflow traffic. Pure multi-family product is rare — La Sal is unincorporated San Juan County ranch country, not an apartment market.
Does short-term rental income actually work this far from Moab? ▾
It can. La Sal sits roughly 35–45 minutes south of Moab on US-191 and SR-46, which puts guests within striking distance of Arches, Canyonlands, and the Sand Flats trails while charging a fraction of in-town Moab nightly rates. Hunters chasing elk and mule deer in the La Sal Mountains and the Manti-La Sal National Forest also drive solid fall bookings.
Are there zoning or STR restrictions I should know about? ▾
San Juan County governs land use out here, and rules are generally more permissive than Grand County or Moab city, but short-term rental permitting, septic capacity, and well rights still need verification parcel by parcel. Always confirm with the county planning office and pull the water rights record from the Utah Division of Water Rights before writing an offer.
What do investment properties typically cost in La Sal? ▾
Raw acreage can start in the low five figures for remote parcels without utilities, while improved properties with a livable home, well, and power generally run from the mid $300Ks into the $700Ks depending on acreage and outbuildings. Larger ranch assemblies with water shares and irrigated pasture trade higher and tend to sell off-market or through ranch brokerages.
What's the utility and access situation? ▾
Many parcels rely on private wells, septic, and propane rather than municipal services. Power is available along main corridors but can be expensive to extend to remote lots, and winter access on dirt roads at elevation (La Sal sits around 7,000 feet) is a real underwriting factor for any rental pro forma.
How active is the La Sal market right now? ▾
Inventory is thin — La Sal is a small ranching community, so listings turn over slowly and active counts are usually in the single digits. The current active investment-oriented listings are shown below, and it's worth setting up a saved search since new properties here often go under contract within a few weeks.