I've seen it before, and am very familiar with the neighborhood. Lots of junky little houses, plenty of rentals, but one of the most beautiful valleys in the state. The neighborhood is surrounded by Pike National Forest on three sides, and a big horse ranch that takes up a good portion of the valley floor.
Pamela, it's by that new log construction that you and I checked out.
Hmmmm....the land value is around 50% of the asking price, but I think the highest and best use would be if you could strap some pontoons on the bottom of that puppy and make a nice profit leasing it out on Lake Powell.