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$5,995,000
247 Days Online

lots 1-18 Sky Ridge Court #5
Sedona, AZ 86336

For Sale|Land|Active
Subdivision:
Sky Ridge Estates
County:
Coconino

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928.282.4166 x 113
lots 1-18 Sky Ridge Courtlots 1-18 Sky Ridge Courtlots 1-18 Sky Ridge Courtlots 1-18 Sky Ridge Court
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Sky Ridge Estates is a brand-new luxury resort community located in the heart of Sedona. The community offers 18 lots, each with underground water, sewer, electric, and natural gas to be stubbed in. The community is surrounded by beautiful panoramic views with hilltop lots available. In addition, there's a new city park and museums 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 a guest house, 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 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. Total of 18 acres, including 25 lots. 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 is 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.

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Listing Snapshot
Price 
$5,995,000
Days Online 
247 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.62 Acres
Year Built 
N/A
MLS® Number 
6601032
Status 
Active
Property Tax 
$2,000
HOA/Condo/Coop Fees 
$300 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS®
4 days agoPrice changed to $5,995,000
a week agoPrice changed to $6,295,500
2 weeks agoPrice changed to $6,325,500
3 weeks agoPrice changed to $6,425,500
See 6 more
General Features
Sewer 
Public Sewer
Electric 
Underground
Acreage 
0.62
Cross Street 
BREWER RD.
Zoning 
RS18
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Exterior Features
Fencing 
Other
Community Features
Horse Property 
No
Association Dues 
300
Listing courtesy of Galloway Realty, L.L.C..



All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Data Last Update: 2024-05-09 05:55 PM UTC

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