The Retreat at Black Desert (“The Retreat”) is a unique real estate venture that provides the opportunity for high yields found in similar successful development opportunities while built upon a platform to withstand, and even thrive, in an economic downturn. The key factors contributing to the safety of the opportunity are the landowner and the overall holding structure. The property is held by the State of Utah, School and Institutional Trust Lands Administration (SITLA), has no debt, is not required to pay property taxes, and has a land release provision that fluctuates with market conditions.
The property sits within the highly-coveted corridor of Snow Canyon State Park in greater St. George, Utah. Adjacent to the property is the fully-developed Entrada at Snow Canyon Country Club (selected by Walt Disney Company as the site to film the highest-grossing made-for-tv movie of all time, High School Musical II). Immediately east of the property is the Black Desert Resort at Entrada which has agreed to provide The Retreat access to its coming 18-hole Tom Weiskopf designed championship golf course. The golf course is immediately east of the property and nestled within a 240-acre pristine lava flow that provides the most desired, and uninterrupted, views in southern Utah.
The Retreat at Black Desert is nestled within the only area in the country where three major ecosystems converge (the Mojave Desert, the Great Basin, and the Colorado Plateau). The convergence of lava flows, red rock, desert, and water creates an astonishing backdrop bursting with color and geological grandeur.