694 Sunrise, Prescott, AZ 86301

$549,953

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List Price
$549,953
Price Change
▼ $25,029 1775510669
Year Built
1984
Acres
0.33
MLS#
1080180
Subdivision
Yavapai Hills
Lot Size
14,375

Property Description

Nestled in the highly desirable Yavapai Hills community in the heart of Prescott, this view property offers a rare combination of flexibility, income potential, and long-term value. With breathtaking views and a thoughtfully designed layout, this home is an outstanding opportunity for buyers seeking a multi-generational setup, multi-family-style living, or strong rental potential.The main level features 1,488 square feet with three bedrooms, two bathrooms, a spacious living room, and two dining areas that provide flexibility for everyday living and entertaining. Large windows fill the home with natural light while showcasing Prescott's beautiful landscape. Step outside onto the expansive deck to enjoy morning coffee, evening sunsets, and the peaceful setting that makes Yavapai Hills one of Prescott's most sought-after neighborhoods. The roof was replaced in 2023, offering added peace of mind for years to come.The lower level adds exceptional versatility with 1,252 square feet of private guest quarters and its own separate side entrance, making it especially appealing for multi-family use or rental income. This space includes two bedrooms, one bathroom, a large living room, a kitchenette, generous storage, and a private deck. Whether used for extended family, adult children, long-term guests, or as an income-producing rental space, this lower level offers the kind of flexibility that is increasingly hard to find.For buyers looking for a property that can serve multiple needs, this home stands out. The separate living areas create an ideal setup for multi-generational households, shared living arrangements, or owners who want to offset their mortgage with rental income. With its functional layout and private lower-level quarters, this property offers excellent potential as a high-demand rental or dual-living opportunity.Located just minutes from shopping, dining, medical facilities, and downtown Prescott, this property offers the perfect balance of privacy, views, and convenience. Opportunities like this do not come along often. Whether you are looking for a spacious home with room for extended family or a property with excellent rental potential in one of Prescott's premier communities, this home delivers.

Additional Information

Hoa
Yes
Construction
Frame
Cooling
Ceiling Fan(s), Central Refriger, Other
Exterior Features
Other, Balcony
Flooring
Carpet, Tile, Vinyl
Heating
Forced - Gas, Natural Gas
Owner Pays
Other
REO/Short Sale
Not Applicable
Roof
Other
Stories
1
Taxes
$1,893
Tax Year
2025
Water Heater
Natural Gas
Zoning
PAD

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Calculator source: Real Geeks

Listing courtesy of Rent Right and Home Right.

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