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Courtesy: Galloway Realty, L.L.C.

Information deemed reliable but not guaranteed. Copyright 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
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1758 Lots Sky Ridge Estates Court #5,  Sedona AZ, 86336

(Active)
$5,995,000
|
|
MLS# 6601032

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Last Updated: 5/18/2024 8:22 AM
Description for 1758 Lots Sky Ridge Estates Court #5 Sedona, AZ 86336
Sky Ridge Estates Sedonas newest luxury resort community in the heart of Sedona. The community has 19 lots total, two have sold ,17 included with bulk sale. Underground water, sewer, electric, and natural gas to each lot. The community has beautiful panoramic views with hilltop lots. Five minute walk to new city park and museum/ town square, Tlaquepaque, high-end shopping/dining, Los Abrigados Spa resort, restaurants, gym, lit tennis courts, and Oak Creek front park available for membership just a short walk away. Roads and all underground utilities are currently under construction and included in the price. If you're interested in adding guest houses, it may be possible. The HOA allows short-term rentals managed by an exclusive STR management company. Seller financing is available. Also available and part of a 3-turn-key 18 acre/25 parcel project portfolio (see operating memorandum under the docs tab) for 8,495,000 with an adjoining 1.76-acre CF zoned(permitted uses include clubhouse, wedding/corporate facility, private club, assisted living) parcel on Brewer Rd and six additional hilltop half-acre + lots on Red Rock bluff/ridge off of Carroll Canyon in west Sedona. 1.75-acre cf lot is being offered for 1,395,000 (not included). Please see the attached Offering memorandum for more information. Plus, six additional lots(not included, but also offered for 1,495,000) are platted and sit on a ridge/red rock outcropping or bluff. Excavation and all improvements bid on those six lots is 700,000. Approval is for gated (gates not included in price) Seller may carry with a full price offer & half down for the entire portfolio. PLEASE SEE THE ATTACHED; SEDONA DEVELOPMENT OPPORTUNITY /OPERATING MEMORANDUM. Lot 3 and 7 are not included (sold) Comparable, within 1 mile, 23 acres mostly undeveloped without approvals recently(10/11/23) sold for $25,661,906 or $1,115,735 per acre. Sky Ridge Estates is not your average community or short-term rental property. It is similar to a professionally managed 5-star resort with a private club/restaurant/spa/concierge / Mercedes limo van and driver etc., and tight security. Why not own and be able to short-term rent an entire home sleeping 8-10 guests with a concierge for the same rate as a high-end hotel room that sleeps two? Imagine having all your food and alcohol delivered and stocked from Whole Foods so your guests can cook or we can bring in a chef and massage therapist in the privacy of their own home. All For the same price or less than a high-end hotel room.**Subdivision is approved and roads and utilities are under construction. Private club and gates are being designed and soon to be submitted to the city for approval.A buyer-builder program is in place with renowned architectural firm PHX Architecture -Erik Peterson and custom home builder Galloway Custom HomesPaul Galloway. Call for details.The owner is an active licensed AZ Real Estate broker, general contractor, and developer and can assist new buyers to market-build and sell homes and lots.
Price
$5,995,000
SKY RIDGE ESTATES
Coconino
6601032
Active
Description
Sky Ridge Estates Sedonas newest luxury resort community in the heart of Sedona. The community has 19 lots total, two have sold ,17 included with bulk sale. Underground water, sewer, electric, and natural gas to each lot. The community has beautiful panoramic views with hilltop lots. Five minute walk to new city park and museum/ town square, Tlaquepaque, high-end shopping/dining, Los Abrigados Spa resort, restaurants, gym, lit tennis courts, and Oak Creek front park available for membership just a short walk away. Roads and all underground utilities are currently under construction and included in the price. If you're interested in adding guest houses, it may be possible. The HOA allows short-term rentals managed by an exclusive STR management company. Seller financing is available. Also available and part of a 3-turn-key 18 acre/25 parcel project portfolio (see operating memorandum under the docs tab) for 8,495,000 with an adjoining 1.76-acre CF zoned(permitted uses include clubhouse, wedding/corporate facility, private club, assisted living) parcel on Brewer Rd and six additional hilltop half-acre + lots on Red Rock bluff/ridge off of Carroll Canyon in west Sedona. 1.75-acre cf lot is being offered for 1,395,000 (not included). Please see the attached Offering memorandum for more information. Plus, six additional lots(not included, but also offered for 1,495,000) are platted and sit on a ridge/red rock outcropping or bluff. Excavation and all improvements bid on those six lots is 700,000. Approval is for gated (gates not included in price) Seller may carry with a full price offer & half down for the entire portfolio. PLEASE SEE THE ATTACHED; SEDONA DEVELOPMENT OPPORTUNITY /OPERATING MEMORANDUM. Lot 3 and 7 are not included (sold) Comparable, within 1 mile, 23 acres mostly undeveloped without approvals recently(10/11/23) sold for $25,661,906 or $1,115,735 per acre. Sky Ridge Estates is not your average community or short-term rental property. It is similar to a professionally managed 5-star resort with a private club/restaurant/spa/concierge / Mercedes limo van and driver etc., and tight security. Why not own and be able to short-term rent an entire home sleeping 8-10 guests with a concierge for the same rate as a high-end hotel room that sleeps two? Imagine having all your food and alcohol delivered and stocked from Whole Foods so your guests can cook or we can bring in a chef and massage therapist in the privacy of their own home. All For the same price or less than a high-end hotel room.**Subdivision is approved and roads and utilities are under construction. Private club and gates are being designed and soon to be submitted to the city for approval.A buyer-builder program is in place with renowned architectural firm PHX Architecture -Erik Peterson and custom home builder Galloway Custom HomesPaul Galloway. Call for details.The owner is an active licensed AZ Real Estate broker, general contractor, and developer and can assist new buyers to market-build and sell homes and lots.
Listing Information
Property Type: Land, Other
0.62 Acres Other, Single Family
SKY RIDGE ESTATES
Public Sewer
Neighborhood
Room Information
Exterior / Lot Features
NA
RS18
Driving Directions
Directions: Hwy 89A to Brewer or hwy 179 to Ranger rd. to brewer R Mormon Hill Rd to entrance
Financial Considerations
$300 Monthly
401-38-013
$2,000
Conventional
Listing Price History

Sedona Real Estate

Sedona is located in Arizona. Sedona, Arizona 86336 has a population of 10,536.

The median household income in Sedona, Arizona 86336 is $63,170. The median household income for the surrounding county is $55,077 compared to the national median of $66,222. The median age of people living in Sedona 86336 is 49 years.

Data provided below are primarily sourced from Public Records data.

Nearby Recent Sales (Sourced from Public Records)
Street Address City Beds Baths Sold Price Sold Date
No information is available for recently sold properties within this search.
Price History
Date Event Price Source
5/5/2024 Active $5,995,000  USD  -4.77% MLS info
4/29/2024 Active $6,295,500  USD  -0.47% MLS info
4/25/2024 Active $6,325,500  USD  -1.56% MLS info
4/15/2024 Active $6,425,500  USD  -0.38% MLS info
4/6/2024 Active $6,450,000  USD  -0.69% MLS info
3/24/2024 Active $6,495,000  USD  -7.15% MLS info
12/28/2023 Active $6,995,000  USD  -6.67% MLS info
12/1/2023 Active $7,495,000  USD  -6.25% MLS info
10/30/2023 Active $7,995,000  USD  1.20% MLS info
9/5/2023 Active $7,900,000  USD  MLS info
Courtesy: Galloway Realty, L.L.C.

Information deemed reliable but not guaranteed. Copyright 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
The ARMLS logo indicates a property listed by a real estate brokerage other than this broker.
This content last refreshed on 5/18/2024 8:22 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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