Investment Properties for Sale in Bicknell, Utah
Bicknell sits in Wayne County along Highway 24, about 11 miles west of Capitol Reef National Park and roughly 215 miles south of Salt Lake City. The town has fewer than 350 residents, a single stoplight-free main street, and an economy that runs on park tourism, ranching, and the steady flow of travelers heading between Torrey, Boulder, and the Burr Trail. For investors, that geography is the entire pitch: Capitol Reef pulled in over 1.2 million visitors in recent years, lodging in nearby Torrey books out from April through October, and Bicknell offers cheaper entry points than the Torrey corridor while still being a 15-minute drive to the park gate.
Investment activity here tends to fall into a few buckets: short-term rental cabins and casitas aimed at park visitors, longer-term rentals serving park employees and seasonal hospitality workers, small lodges or motel-style properties (the Aquarius Inn and Sunglow have anchored the town for decades), and raw acreage with development potential. Prices are modest compared to St. George or Moab — most single-family homes trade in the $250K–$500K range, with commercial or multi-unit properties running higher. Winters are cold and quiet (highs in the 30s, real snow), summers are mild at 7,100 feet elevation, and Wayne County's short-term rental rules are friendlier than what you'll see in Park City or Springdale. Browse the active Bicknell listings below to see what's currently on the market, and reach out if you want rental comps or zoning details on a specific parcel.
April 2026 · Bicknell market
Live from the Utah MLS — what's actually happening in Bicknell right now.
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Common questions
About investment properties in Bicknell.
Are short-term rentals allowed in Bicknell? ▾
Wayne County and the town of Bicknell are among the more permissive jurisdictions in Utah for nightly rentals, especially compared to Springdale or Moab. Most residential zones allow STRs with a business license and transient room tax registration, but always confirm the specific parcel's zoning and any HOA restrictions before closing. Properties already operating as licensed rentals are the cleanest path in.
What kind of returns do Capitol Reef-area rentals actually produce? ▾
Well-managed cabins and casitas in the Bicknell-Torrey corridor typically see strong occupancy from April through late October and very slow shoulder months in December-February. Gross annual revenues in the $35K–$70K range are common for a 2-3 bedroom property, depending on finish level, hot tub, and proximity to the park. Torrey commands a premium over Bicknell, but Bicknell's lower acquisition cost often produces comparable cash-on-cash returns.
Is there enough year-round demand for long-term rentals? ▾
Long-term tenant demand is thin but real — park service employees, teachers at Wayne High School, hospitality staff, and ranch workers all need housing. Rents run roughly $1,100–$1,800 for a standard single-family home. Vacancy risk is higher than along the Wasatch Front, so most investors here lean toward the STR model or a hybrid (monthly winter rentals, nightly summer).
What about commercial or motel properties? ▾
Small lodging operations come up for sale periodically along Highway 24 in Bicknell, Torrey, and Teasdale. These are owner-operator businesses more than passive investments — expect to evaluate them on RevPAR, deferred maintenance, and whether the lodging license transfers cleanly. Financing typically requires SBA or a commercial loan rather than residential conventional.
How does Bicknell compare to buying in Torrey? ▾
Torrey is closer to the park entrance and commands roughly 20-40% higher nightly rates and sale prices. Bicknell trades that proximity premium for cheaper dirt, slightly larger lots, and less competition from existing rentals. For investors building from scratch or value-adding a tired property, Bicknell's math often pencils better.
What should I budget for property management? ▾
Local STR management companies operating out of Torrey typically charge 20-30% of gross revenue, which is higher than urban Utah markets because of the logistics of cleaning and turnover in a remote area. Some owners self-manage remotely using a local cleaner and handyman, which can save 15+ points but requires reliable on-the-ground contacts.