$1,149,000
Prescott, AZ 86305
MLS# 1076280
5864 sqft
1 / 65
Property Description
Discover a rare multi-family opportunity in the heart of Prescott, Arizona. Set on 2.38 acres surrounded by tall pines, natural boulders, and scenic views, this exceptional property features two residences totaling 5,864 square feet of living space. The setting offers a blend of beauty, privacy, and flexibility, ideal for multi-generational living, short-term rentals, or a mix of personal and investment use. The main residence at 1601 Buttermilk includes four bedrooms, three full baths, and approximately 4,872 square feet across three levels connected by a working elevator. The open main floor features multiple living areas, a wood-burning fireplace, and a spacious kitchen with granite counters, island seating, and large windows overlooking the hillside. The primary suite offers deck access, a soaking tub, a walk-in shower, and generous storage. The lower level serves as a private guest or in-law suite with its own kitchen, laundry, and exterior access, creating an ideal space for extended family or rental income. Distinctive features include a safe room, workshop, and several covered patios perfect for enjoying morning coffee or evening sunsets through the pines. The second home at 1565 Idylwild is framed and wired, ready to finish as a guest cottage, rental unit, or private studio retreat. Both homes are connected to city utilities and offer ample parking, all with no HOA restrictions. Located just minutes from downtown Prescott, this property combines convenience with tranquility. Zoned SF9, it provides development flexibility while maintaining a natural, secluded setting. The unique combination of location, space, and potential makes this one of Prescott's most versatile investment properties. Proudly presented by Rent Right | Home Right Real Estate, this property offers the perfect balance of comfort, privacy, and opportunity. Schedule your private showing today to explore this distinctive mountain retreat and investment in the heart of Prescott.
Details
Maps
Documents
Contract/Address/Legal
List Price/SqFt: 196
Rent/Lease: No
Neighborhood: N/A
REO/Short Sale: Not Applicable
Zoning: SF9
Assessor's Book #: 111
Assessor's Map #: 7
Assessor's Parcel #: 13
Assessor Parcel Ltr: a
Legal: IDYLWILD TRACT THE W2 OF LOT 336 & THE E2E2 OF LOT 331
General Property Description
Aprx Acres: 2.38
Lot #: 336
Lot Size: 32,670
HOA Y/N: No
Buildings: 4
Source of Measuremnt: County Assessor
Stories: 2
Management: Owner
More than 5 Units: No
Total Liveable SqFt: 5864
Year Built: 1995
Baths - Full: 2
Tax Info
Taxes: 4511
Tax Year: 2024
Remarks & Misc
Directions: From Gurley Street, head about 1.4 miles before making a slight right onto Idylwild Road. Continue for 0.1 miles, then take a slight left onto Buttermilk Lane, stay to the right on the dirt road past the fifth-wheel trailer. Small home will be to your left & main home at the top of the hill.
Remarks: Discover a rare multi-family opportunity in the heart of Prescott, Arizona. Set on 2.38 acres surrounded by tall pines, natural boulders, and scenic views, this exceptional property features two residences totaling 5,864 square feet of living space. The setting offers a blend of beauty, privacy, and flexibility, ideal for multi-generational living, short-term rentals, or a mix of personal and investment use.
The main residence at 1601 Buttermilk includes four bedrooms, three full baths, and approximately 4,872 square feet across three levels connected by a working elevator. The open main floor features multiple living areas, a wood-burning fireplace, and a spacious kitchen with granite counters, island seating, and large windows overlooking the hillside. The primary suite offers deck access, a soaking tub, a walk-in shower, and generous storage. The lower level serves as a private guest or in-law suite with its own kitchen, laundry, and exterior access, creating an ideal space for extended family or rental income.
Distinctive features include a safe room, workshop, and several covered patios perfect for enjoying morning coffee or evening sunsets through the pines. The second home at 1565 Idylwild is framed and wired, ready to finish as a guest cottage, rental unit, or private studio retreat. Both homes are connected to city utilities and offer ample parking, all with no HOA restrictions.
Located just minutes from downtown Prescott, this property combines convenience with tranquility. Zoned SF9, it provides development flexibility while maintaining a natural, secluded setting. The unique combination of location, space, and potential makes this one of Prescott's most versatile investment properties.
Proudly presented by Rent Right | Home Right Real Estate, this property offers the perfect balance of comfort, privacy, and opportunity. Schedule your private showing today to explore this distinctive mountain retreat and investment in the heart of Prescott.
Building Type
Other - See Remarks: 1
Residential+: 1
Construction
Block: 1
Frame - Wood: 1
Other - See Remarks: 1
Cooling
Ceiling Fan(s): 1
Other: 1
See Remarks: 1
External Amenities
Other - See Remarks: 1
Flooring
Carpet: 1
Tile: 1
Wood: 1
See Remarks: 1
Heating
Forced - Gas: 1
Forced Air: 1
Natural Gas: 1
Propane: 1
Wood Stove: 1
Owner Pays
Other - See Remarks: 1
Records Available
Record of Survey: 1
Other - See Remarks: 1
Road Frontage Type
Easement: 1
Other: 1
See Remarks: 1
Road Surface Type
Dirt: 1
Gravel: 1
Road Responsibility
City Maintained Road: 1
Roof
Asphalt Shingle: 1
Other - See Remarks: 1
Showing Requirements
Vacant Go Show: 1
Terms & Conditions
1031 Exchange: 1
Conventional: 1
FHA: 1
VA: 1
Utilities Installed
Cable TV: 1
Electricity: 1
Natural Gas: 1
Propane: 1
Telephone: 1
Underground: 1
Water - City: 1
WWT - City Sewer: 1
Water Heater
Natural Gas: 1
Propane: 1
Unit 1
Unit ID: 1601 Buttermilk
# BR: 4
# BA: 3
SqFt: 4872
Unit 1 Parking
2 Car: 1
Detached: 1
Garage: 1
Unit 1 Info
Ceiling Fan(s): 1
Dishwasher: 1
Range/Oven: 1
Refrigerator: 1
Other - See Remarks: 1
Unit 2
Unit ID: 1565 Idylwild
# BR: 1
# BA: 1
SqFt: 992
Unit 2 Parking
Other - See Remarks: 1
Unit 2 Info
Other - See Remarks: 1
ContractAddressLegal
Original List Price: 1228000
Listing Date: 2025-09-09
Status: Active
Listing Price: 1149000
Street #: 000
Street Name: Buttermilk+Idylwild Multi-Fam
St Suffix: Lane
City/Township: Prescott
State: AZ
Zip Code: 86305
Subdivision: Idylwild
County: Yavapai
Tax Parcel: 111-07-013a
Property Features
Building Type: Other - See Remarks; Residential+
Construction: Block; Frame - Wood; Other - See Remarks
Cooling: Ceiling Fan(s); Other; See Remarks
External Amenities: Other - See Remarks
Flooring: Carpet; Tile; Wood; See Remarks
Heating: Forced - Gas; Forced Air; Natural Gas; Propane; Wood Stove
Owner Pays: Other - See Remarks
Records Available: Record of Survey; Other - See Remarks
Road Frontage Type: Easement; Other; See Remarks
Road Surface Type: Dirt; Gravel
Road Responsibility: City Maintained Road
Roof: Asphalt Shingle; Other - See Remarks
Showing Requirements: Vacant Go Show
Utilities Installed: Cable TV; Electricity; Natural Gas; Propane; Telephone; Underground; Water - City; WWT - City Sewer
Water Heater: Natural Gas; Propane
Unit 1 Parking: 2 Car; Detached; Garage
Unit 1 Info: Ceiling Fan(s); Dishwasher; Range/Oven; Refrigerator; Other - See Remarks
Unit 2 Parking: Other - See Remarks
Unit 2 Info: Other - See Remarks
LBP 
Listing Office: Rent Right and Home Right
Last Updated: October - 29 - 2025
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