$3,750,000
Prescott, AZ 86301
MLS# 1081423
6 beds | 3 baths | 6999 sqft
1 / 75
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
Details
Maps
Contract/Address/Legal
List Price/SqFt: 536
Residential Type: Site Built Single Family
Land Lease: No
Residential Status: Existing
Neighborhood: N/A
REO/Short Sale: Not Applicable
Zoning: SF-9
Auction: No
Lot #: 3
Lot Size: 797148
Assessor's Book #: 116
Assessor's Map #: 18
Assessor's Parcel #: 83
Legal: WINN SUBD LOT 3
Irrigation Rights: No
General Property Description
Aprx Acres: 18.29
Bedrooms Possible: 10
HOA Y/N: No
Split Bedroom Plan: Yes
Buildings: 2
Stories: 2
WH Gallons: 50
Aprx SqFt: 4618
Source of Measurement: County Assessor
Garage Attached: 0
Garage Detached: 3
Carport Attached: 0
Carport Detached: 0
Total Parking: 3
RV Garage/Parking: Yes
Home Warranty: Negotiable
Solar Y/N: No
Age Restrictions Y/N: No
Plan Type: Custom
Bedrooms: 6
Baths - Full: 3
Total Bathrooms: 3
Year Built: 1978
Total Liveable SqFt: 6999
Total Garage: 3
Builder Name: Unknown
Tax Info
Taxes: 5380
Asmts Freq: Semi-Annual
Tax Year: 2025
Remarks & Misc
Directions: Turn onto Terrace View from Rosser. Follow to end of cul-de-sac. Homestead is beyond the private gate.
Remarks: 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
Office/Member Info
Listing Exclusions: No
Construction
Frame - Wood: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Flooring
Vinyl: 1
Heating
Electric: 1
Possession
At Recordation: 1
Records Available
None: 1
Road Frontage Type
City Street: 1
Road Surface Type
Dirt: 1
Paved: 1
Style
Multi-Level: 1
Ranch: 1
Road Responsibility
City Maintained Road: 1
Private Maintained Road: 1
Roof
Composition: 1
Interior Features
Ceiling Fan(s): 1
Fireplace-Woodburn: 1
Formal Dining Area: 1
Granite Counters: 1
Kit/Din Combo: 1
Rev Osmosis System: 1
Smoke Detector(s): 1
Utility Sink: 1
Wash/Dry Connection: 1
Terms & Conditions
1031 Exchange: 1
Conventional: 1
Exterior Features
Deck-Open: 1
Driveway-Circular: 1
Fence - Perimeter: 1
Native Species: 1
Patio - Covered: 1
Patio - Open: 1
Well/Pump House: 1
Utilities Installed
Cable TV: 1
Electricity: 1
Telephone: 1
Water - Private Well: 1
WWT - Septic Conv: 1
Guest House
Bathrooms: 4
Bedrooms: 4
SqFt: 2381
Water Heater
Natural Gas: 1
Appliances
Disposal: 1
Dryer: 1
Electric Range: 1
Oven: 1
Refrigerator: 1
Washer: 1
Water Softener Rented: 1
Topo/Location
Cul-De-Sac: 1
Hillside: 1
Juniper/Pinon: 1
Other Trees: 1
Rolling: 1
Sloped - Gentle: 1
Valley: 1
Foundation/Basement
Found - Slab: 1
Window/Coverings
Double Pane Windows: 1
Interior Shutter: 1
Views
Bradshaw Mountain: 1
City: 1
Glassford Hill: 1
Granite Mountain: 1
Juniper/Pinon: 1
Mountain(s): 1
Panoramic: 1
Thumb Butte: 1
Trees/Woods: 1
See Remarks: 1
Pets/Animals
Domestics: 1
Farm Animals: 1
Horses: 1
Other Rooms
2nd Master: 1
Family Room: 1
Game/Rec Room: 1
Hobby/Studio: 1
In-Law Suite: 1
Laundry Room: 1
Workshop: 1
RV/Garage/Park
Parking Spaces: 1
Other: 1
Subdivision Features
None: 1
Other - See Remarks: 1
Horse Amenities
See Remarks: 1
ContractAddressLegal
Original List Price: 3750000
Listing Date: 2026-04-24
Status: Active
Listing Price: 3750000
Street #: 1302
Street Name: Terrace View
St Suffix: Drive
City/Township: Prescott
State: AZ
Zip Code: 86301
County: Yavapai
Subdivision: None
Tax Parcel: 116-18-083
Property Features
Style: Multi-Level; Ranch
Construction: Frame - Wood
Interior Features: Ceiling Fan(s); Fireplace-Woodburn; Formal Dining Area; Granite Counters; Kit/Din Combo; Rev Osmosis System; Smoke Detector(s); Utility Sink; Wash/Dry Connection
Exterior Features: Deck-Open; Driveway-Circular; Fence - Perimeter; Native Species; Patio - Covered; Patio - Open; Well/Pump House
Appliances: Disposal; Dryer; Electric Range; Oven; Refrigerator; Washer; Water Softener Rented
Heating: Electric
Cooling: Ceiling Fan(s); Central Air
Flooring: Vinyl
Utilities Installed: Cable TV; Electricity; Telephone; Water - Private Well; WWT - Septic Conv
Roof: Composition
Views: Bradshaw Mountain; Glassford Hill; Granite Mountain; Juniper/Pinon; Mountain(s); Panoramic; Thumb Butte; Trees/Woods; See Remarks
Horse Amenities: See Remarks
Water Heater: Natural Gas
Road Frontage Type: City Street
Road Surface Type: Dirt; Paved
Road Responsibility: City Maintained Road; Private Maintained Road
Other Rooms: 2nd Master; Family Room; Game/Rec Room; Hobby/Studio; In-Law Suite; Laundry Room; Workshop
Records Available: None
Subdivision Features: None; Other - See Remarks
Possession: At Recordation
Listing Office: Compass
Last Updated: April - 24 - 2026
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Prescott Area Association of REALTORS. Information provided is thought to be reliable but is not guaranteed to be accurate. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Real estate listings held by brokerage firms other than the website owner, are indicated by detailed information about them such as the name of the listing firms. Copyright© 2020 Prescott Area Association of REALTORS. All rights reserved.