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17 .5-.8ac Lots SKY RIDGE Estates Court, 5, Sedona, AZ 86336 (MLS# 6601032)

17 .5-.8ac Lots SKY RIDGE Estates Court, 5, Sedona, AZ 86336

$5,995,000
Lot Size (sq. ft.): 26,000 Status: Active
Current Price: $5,995,000 List Date: 9/05/2023 Last Modified: 5/10/2024

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.

Suppliments: 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.

More Information MLS# 6601032

Contract Information

Current Price: $5,995,000 List Price: $5,995,000 Status: Active List Date: 2023-08-28 For Sale or Lease?: Sale Type: ER Subagents: N Buyer/Broker: Y Buyer Broker $/%: % Comp to Buyer Broker: 2 Variable Commission: Y

Location, Tax & Legal

House Number: 17 .5-.8ac Street Name: Lots SKY RIDGE Estates St Suffix: Court Lot #: 5 City/Town Code: Sedona State/Province: AZ Zip Code: 86336 Country: USA County Code: Coconino Assessor's Map #: 38 Assessor's Parcel #: 13 Add'l Parcels: No Assessor Number: 401-38-013 Subdivision: SKY RIDGE ESTATES Tax Municipality: Sedona Taxes: 2000 Tax Year: 2024 Marketing Name: SKY RIDGE ESTATES

General Property Description

Apx Total Acres: 0.62 Apx Total Acres G/N: G Price Per Acre: 9669354.84 Apx SqFt: 26000 Price Per SqFt: 230.58 Apx SqFt G/N: G Lot Size Dimensions: NA Horses: N Zoning: RS18

Remarks & Misc

Cross Street: BREWER RD. Directions: Directions: Hwy 89A to Brewer or hwy 179 to Ranger rd. to brewer R Mormon Hill Rd to entrance Geo Lat: 34.862599 Geo Lon: -111.76942

Status Change Info

Status Change Date: 2023-09-05

Legal Info

Lot Number: 5

Pmt & Rate Info

Equity: 5995000

Assoc/Prop Info

HOA Y/N: Y HOA Transfer Fee: 100 HOA Fee: 300 HOA Paid (Freq): Monthly HOA Name: SKY RIDGE ESTATES HO HOA Telephone: 9288213000 PAD Fee Y/N: N HOA 2 Y/N: N

Showing Notification Methods

Showing Service: No Showing Service Used

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot Zoned Presently: Single Family Potential Use: Single Family; Other Parcel Size: .50 - .99 Acres Roads/Streets: Asphalt Road Responsibility: City Maintained Road; Private Maintained Road Water: City Franchise Sewer: Sewer - Public Electric: APS; Underground; Individual Meter Gas: Other (See Rmks) Distance to Cable: Call Listing Office Distance to Phone: On Property Distance to Water: On Property Distance to Electric: On Property Distance to Gas: On Property Distance to Sewer: On Property New Financing: Cash; Conventional; Seller May Carry Reports/Disclosures: Other (See Rmks) Environmental: Other (See Rmks) Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Fencing: Other

Supplements

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 Office: Galloway Realty, L.L.C.
Last Updated: May - 10 - 2024
17 .5-.8ac Lots SKY RIDGE Estates Court, 5, Sedona, AZ 86336- MLS# 6601032
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