2800-2900 Carol can 3.7 Ac 6,.50 Ac lots -- # 1-6
Sedona, AZ, 86336 $ 1,495,000
Baths0.0 Monthly Estimate*
$ 9,936
Studio
for $1,495,000. The lot size is 3.67.
Seller financing available. Six (6) , .5-.75 ac. lots . Fantastic red rock knoll & natural vegetation site with incredible 360 red rock panoramic views. 6 Parcels, #003-008, 3.67 acres. Engineering complete for gated road and all underground utilities to each lot(approx cost of 600,000 for grading and utilities (not including gates), in process of and very close to permitting. Build two Short term rental homes on each lot, home and a guest house, or one large 6,000 s ft STR(short term rental community) or assisted living home(s) or combo of both. No hoa, or CC&Rs .Walk/Bike to restaurants, shopping and hiking biking trails. Perfect for investor who is interested in a gated private enclave. With RS-10 zoning Could also be a potential 15 lot subdivision. A steal at 395,000 per acre with all active and sold comps closer to 900,000 per acre. Could be rezoned to an apartment building if affordable housing is included. One of a 3-turn key project offering (see 3 project operating memorandum under docs). Seller will sell all 3 projects or 18 acres including all 25 lots, 18 TO BE FULLY IMPROVED by approximately 7/2024. Adjoining CF zoned 1.7 acres parcel with allowable permitted uses are private clubhouse, corporate/wedding facility, and assisted living adjoining the Sky Ridge Estates STR lots. Events are not allowed with STR but are on this adjoining parcel. The total price for all 3 projects is now discounted to 8,895,000. (recently adjusted from 11,500,000) Please see the attached Sedona development Offering memorandum. 18 lots to include all improvements, the other 7 lots are platted and unimproved, 6 on ridge/red rock bluff. Excavation/Grading and utilities (all improvements) are currently bid at 700,000 for the 6 Lem lots(this listing Lem). Approved for gates(not included) Seller may carry with full price offer & half down. Sky Ridge Lot 3 is excluded (sold) Recent close in proximity 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. The owner is an active licensed Az Real Estate Broker, general contractor, and developer.
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FeaturesGeneralSewer Sewer - Available Public Sewer
Development Status See Remarks Raw Land Plans Available Prelim Eng Included
Zoning rs10
Electric APS
Topography {u'Gentle Sloping': True}
Unit Number 1-6
Tax Year 2020
County Yavapai
Property Type Land
HOA / Comm Assn N
Subdivision Name no 6 platted lots
Possible Use Other Single Family
Other Structures None
Special Listing Conditions Owner/Agent N/A
Status Active
Directions Highway 89A left on Deer Trail. Deer Trail veer left onto Carol Canyon. Look for the dirt road on your left. No street sign for Lem Drive. The land is located just before the first home on your left.
City Sedona
Buyer Agent Compensation 2.50
Disclosures Boundary Survey Avlb ALTA Survey Alba
View Y/N N
Lot Size Units Acres
Lot Size Square Feet 159000.0
Carport Y/N N
Street Name Carol can 3.7 Ac 6 .50 Ac lots
Tax Annual Amount 3000.0
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 134
Standard Status Active
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 1-6
Buyer Agent Compensation Type %
Senior Community N
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ExteriorVegetation High Desert
Lot Features Other See Remarks Mountain View(s) Gated Community
Water Source City Franchise
Lot Size Area 3.67
Spa N
Lot Dimensions 3.67 ac
Lot Size Acres 3.67
Crops Included Y/N N
Road Responsibility Private Maintained Road
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorStreet Suffix --
Electric On Property Y/N N
Total Baths 0
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* Excluded FeaturesList ByGalloway Realty, L.L.C.Broker
paul@gallowayrealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $9,936
- Monthly Property Taxes
- $250
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Sedona, AZ
Average List Price $1,532,219
Percent of Sale Price 2%
About Sedona, AZ 10,469 Population
4% Since 2002
$ 56,415 Median Income
60.17 Median Age
11% Households with Children
Trends Information provided by ATTOM Data Solutions.
260072 Elementary School
263420 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
4/18/2024 | $1,449,000 | -2.75% | Price Down |
4/14/2024 | $1,490,000 | -0.33% | Price Down |
2/10/2024 | $1,495,000 | -6.27% | Price Down |
2/1/2024 | $1,595,000 | -5.90% | Price Down |
1/19/2024 | $1,695,000 | | Listed Price |