1302 Terrace View Drive, Prescott, AZ 86301

$3,750,000
6
BD
3
BA
4,618
SqFt

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List Price
$3,750,000
Status
ACTIVE
MLS#
1081423
Subtype
Residential
Style
Ranch
Year Built
1978
Bedrooms
6
Bathrooms
3
Full Baths
3
Living Area
4,618
Lot Size
797,148
Acres
18.29
Neighborhood
N/A

Property Description

Discover a rare opportunity to own a truly exceptional property in a highly desirable location adjacent to Prescott Lakes. Zoned SF-9, this expansive 18+ acre offering consists of three parcels w/ gently rolling topography & breathtaking views overlooking downtown Prescott. This unique homestead presents incredible potential for investors, developers, or those seeking a private estate. Whether you choose to revitalize the existing structures or envision a new subdivision, the possibilities are extensive. The main residence spans 4,618 sq. ft & features 6 bed, 3 bath, including an upper-level suite complete w/ a kitchenette, ideal for multi-generational living or guest accommodations. An additional 2,381 sq. ft. outbuilding includes 3 apartment units and caretaker's residence.While currently in need of restoration, the structure offers solid foundational elements, w/ existing electricity, plumbing, & septic systems already in place, making it a prime candidate for redevelopment into rental units, guest quarters, or a future community clubhouse. Property has two existing wells w/ 2 ponds that could be restored or re-designed. With its combination of size, zoning, location, & panoramic views, this property represents a rare & versatile investment opportunity in the heart of Prescott.Sale includes additional parcels include 116-18-066E and 116-18-080

Additional Information

Interior Features
Ceiling Fan(s), Formal Dining, Granite Counters, Kit/Din Combo, Rev Osmosis System, Wash/Dry Connection
Exterior Features
Driveway Circular, Native Species
Taxes
$5,380
Property Description
Ranch
Zoning
SF-9
Flooring
Vinyl
Appliances
Disposal, Dryer, Electric Range, Oven, Refrigerator, Washer, Water Softener Rented
Heating
Electric
Air Conditioning
Ceiling Fan(s), Central Air
Exterior Construction
Frame
Stories
2
Levels
Multi/Split
Roof
Composition
Garage Spaces
3
View
Bradshaw Mountain, City, Glassford Hill, Granite Mountain, Juniper/Pinon, Mountain(s), Panoramic, See Remarks, Thumb Butte, Trees/Woods

Courtesy of Nancy Ann Read with Compass.

Listing data provided & © by (PAAR) Prescott Area Association of REALTORS®

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