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
Year Built
1978
Acres
18.29
MLS#
1081423
Neighborhood
N/A
Bedrooms
6
Living Area
4,618
Lot Size
797,148

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

Total Garage
3
Subdivision Features
None, Other - See Remarks
Style
Ranch
View
Bradshaw Mountain, City, Glassford Hill, Granite Mountain, Juniper/Pinon, Mountain(s), Panoramic, See Remarks, Thumb Butte, Trees/Woods
Appliances
Disposal, Dryer, Electric Range, Oven, Refrigerator, Washer, Water Softener Rented
Builder Name
Unknown
Construction
Frame
Cooling
Ceiling Fan(s), Central Air
Exterior Features
Driveway Circular, Native Species
Fencing
Perimeter
Flooring
Vinyl
Heating
Electric
Interior Features
Ceiling Fan(s), Formal Dining, Granite Counters, Kit/Din Combo, Rev Osmosis System, Wash/Dry Connection
Other Rooms
2nd Master, Family Room, Game/Rec Room, Hobby/Studio, In-Law Suite, Laundry Room, Workshop
Pets Animals
Domestics, Farm Animals, Horses
Possession
At Recordation
REO/Short Sale
Not Applicable
Roof
Composition
Rv Garage Parking
Yes
Stories
2
Taxes
$5,380
Tax Year
2025
Topo Location
Cul-De-Sac, Hillside, Juniper/Pinon, Other Trees, Rolling, Sloped - Gentle, Valley
Water Heater
Natural Gas
Zoning
SF-9

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Calculator source: Real Geeks

Listing courtesy of Compass.

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