1478 Varsity Drive, Prescott, AZ 86301 (MLS# 1081838)


$699,900
1478 Varsity Drive
Prescott, AZ 86301
MLS# 1081838
5 beds  |  3 baths  |  3049 sqft


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Property Description
Perched above Watson Lake with sweeping views of the Granite Dells, Willow Lake, and surrounding mountains, this spacious home offers an incredible blend of scenery, functionality, and flexible living space. The pavered entry welcomes you into an open-concept main level featuring extensive tile flooring, a gas fireplace with stacked stone surround, and oversized windows designed to capture the stunning lake and hillside views. The kitchen is equipped with granite countertops, stainless steel appliances, abundant cabinetry, and a floating island, all opening seamlessly to the main living and dining areas. Just off the kitchen is a French-door office with a closet, offering the flexibility to serve as an additional bedroom if desired. The primary suite enjoys beautiful lake and Granite Dells views along with a spacious ensuite bath featuring dual vanities, a soaking tub, walk-in shower, and generous closet space. The upper level also has a full bathroom and bedroom perfect for guests. Downstairs, you'll find an enormous secondary living area with laminate vinyl flooring, built-in bookcases, two additional bedrooms, a full bathroom, and an impressive amount of storage space. The lower level also offers direct backyard access, making it ideal for guests, multigenerational living, hobbies, or entertaining. Step outside to multiple outdoor living spaces including an elevated deck with panoramic views, a paver patio, additional sitting area, and a private hot tub that conveys with the property. Low-maintenance landscaping complements the natural beauty surrounding the home. Additional features include a water softener and leased solar system for improved energy efficiency.

Details
Maps
Contract/Address/Legal
List Price/SqFt: 230
Residential Type: Site Built Single Family
Land Lease: No
Residential Status: Existing
REO/Short Sale: Not Applicable
Zoning: BG (PAD)
Assessor's Book #: 105
Assessor's Map #: 4
Assessor's Parcel #: 321
Legal: FALCON POINT AT PRESCOTT LAKES LOT 29 CONT .22AC SEC 23&24 -14-2W M&P 59/5-7
General Property Description
Aprx Acres: 0.22
HOA Y/N: Yes
Split Bedroom Plan: Yes
HOA Dues $: 61
HOA Dues Due: Monthly
HOA Type: Subdivision
Stories: 2
Aprx SqFt: 3049
Source of Measurement: County Assessor
Garage Attached: 2
Garage Detached: 0
Carport Attached: 0
Carport Detached: 0
Total Parking: 2
Home Warranty: None
Solar Y/N: Yes
Grid Type: On Grid
Ownership Type: Leased
Age Restrictions Y/N: No
HOA 2: Yes
Bedrooms: 5
Baths - Full: 3
Total Bathrooms: 3
Year Built: 2017
Total Liveable SqFt: 3049
Total Garage: 2
Tax Info
Taxes: 2379
Tax Year: 2025
Remarks & Misc
Directions: Heading north on Hwy 89, turn left onto Prescott Lakes Pkwy, take the first right into Astoria, take a right on Varsity Dr and go around the loop, the property will be on the right.
Remarks: Perched above Watson Lake with sweeping views of the Granite Dells, Willow Lake, and surrounding mountains, this spacious home offers an incredible blend of scenery, functionality, and flexible living space. The pavered entry welcomes you into an open-concept main level featuring extensive tile flooring, a gas fireplace with stacked stone surround, and oversized windows designed to capture the stunning lake and hillside views. The kitchen is equipped with granite countertops, stainless steel appliances, abundant cabinetry, and a floating island, all opening seamlessly to the main living and dining areas. Just off the kitchen is a French-door office with a closet, offering the flexibility to serve as an additional bedroom if desired. The primary suite enjoys beautiful lake and Granite Dells views along with a spacious ensuite bath featuring dual vanities, a soaking tub, walk-in shower, and generous closet space. The upper level also has a full bathroom and bedroom perfect for guests. Downstairs, you'll find an enormous secondary living area with laminate vinyl flooring, built-in bookcases, two additional bedrooms, a full bathroom, and an impressive amount of storage space. The lower level also offers direct backyard access, making it ideal for guests, multigenerational living, hobbies, or entertaining. Step outside to multiple outdoor living spaces including an elevated deck with panoramic views, a paver patio, additional sitting area, and a private hot tub that conveys with the property. Low-maintenance landscaping complements the natural beauty surrounding the home. Additional features include a water softener and leased solar system for improved energy efficiency.
Construction
Frame - Wood: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Zoned: 1
Flooring
Carpet: 1
Tile: 1
Vinyl: 1
Heating
Forced Air: 1
Natural Gas: 1
Zoned: 1
Possession
At Recordation: 1
Records Available
None: 1
Road Frontage Type
City Street: 1
Private Road: 1
Road Surface Type
Paved: 1
Style
Contemporary: 1
Multi-Level: 1
Walkout Basement: 1
Road Responsibility
City Maintained Road: 1
Subdivision Maintained Road: 1
Roof
Concrete Tile: 1
Interior Features
Ceiling Fan(s): 1
Data Wiring: 1
Eat-in Kitchen: 1
Fireplace-Gas: 1
Garage Door Opener(s): 1
Granite Counters: 1
Kitchen Island: 1
Liv/Din Combo: 1
Master On Main: 1
Rev Osmosis System: 1
Smoke Detector(s): 1
Spa/Hot Tub: 1
Walk-In Closet(s): 1
Wash/Dry Connection: 1
Water Pur. System: 1
Terms & Conditions
1031 Exchange: 1
Conventional: 1
FHA: 1
VA: 1
Exterior Features
Deck - Covered: 1
Driveway-Paver: 1
Fence - Backyard: 1
Landscaping-Front: 1
Landscaping-Rear: 1
Level Entry: 1
Patio - Covered: 1
Patio - Open: 1
Porch - Covered: 1
Screens/Sun Screens: 1
Spa/Hot Tub: 1
Storm Gutters: 1
Utilities Installed
220: 1
Cable TV: 1
Electricity: 1
Individual Meter: 1
Leased - Other: Solar
Sol/Gen/Wnd: 1
Water - City: 1
WWT - City Sewer: 1
Water Heater
Natural Gas: 1
Re-Circulating: 1
Appliances
Cooktop: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Gas Range: 1
Microwave: 1
Oven: 1
Range: 1
Refrigerator: 1
Washer: 1
Water Softener Owned: 1
Topo/Location
Hillside: 1
Other Trees: 1
Sloped - Gentle: 1
Views: 1
Other - See Remarks: 1
Green Building Verification Type
ENERGY STAR Certified Homes: 1
Green Energy Efficient
Construction: 1
Insulation: 1
Roof: 1
Green Water Conservation
Efficient Hot Water Distribution: 1
Foundation/Basement
Bsmt - Finished: 1
Bsmt - Plumbed: 1
Bsmt - Sump Pump: 1
Bsmt - Walkout: 1
Window/Coverings
Aluminum Frames: 1
Double Pane Windows: 1
Horizontal Blinds: 1
Screens: 1
Vertical Blinds: 1
Views
Boulders: 1
Glassford Hill: 1
Granite Mountain: 1
Lake: 1
SF Peaks: 1
Pets/Animals
Domestics: 1
Other Rooms
Family Room: 1
Great Room: 1
Laundry Room: 1
Media Room: 1
Storage: 1
Study/Den/Library: 1
Other - See Remarks: 1
Subdivision Features
Club House: 1
Fitness/Exercise Cnt: 1
Gated Community: 1
Golf-Private: 1
Handball: 1
Membership Required: 1
Pool: 1
Restaurant: 1
Spa/Hot Tub: 1
Tennis: 1
HOA2
HOA 2 Name: The Club at Prescott
HOA 2 Amount: 164.63
HOA 2 Frequency: Monthly
HOA 2 Contact #: 928-443-3500
Managed By: Professional
Required: Required
ContractAddressLegal
Original List Price: 699900
Listing Date: 2026-05-08
Status: Active
Listing Price: 699900
Street #: 1478
Street Name: Varsity
St Suffix: Drive
City/Township: Prescott
State: AZ
Zip Code: 86301
County: Yavapai
Subdivision: Falcon Point At Prescott Lakes
Tax Parcel: 105-04-321
Property Features
Style: Contemporary; Multi-Level; Walkout Basement
Construction: Frame - Wood
Interior Features: Ceiling Fan(s); Data Wiring; Eat-in Kitchen; Fireplace-Gas; Garage Door Opener(s); Granite Counters; Kitchen Island; Liv/Din Combo; Master On Main; Rev Osmosis System; Smoke Detector(s); Spa/Hot Tub; Walk-In Closet(s); Wash/Dry Connection; Water Pur. System
Exterior Features: Deck - Covered; Driveway-Paver; Fence - Backyard; Landscaping-Front; Landscaping-Rear; Level Entry; Patio - Covered; Patio - Open; Porch - Covered; Screens/Sun Screens; Spa/Hot Tub; Storm Gutters
Appliances: Cooktop; Dishwasher; Disposal; Dryer; Gas Range; Microwave; Oven; Range; Refrigerator; Washer; Water Softener Owned
Heating: Forced Air; Natural Gas; Zoned
Cooling: Ceiling Fan(s); Central Air; Zoned
Green Building Verification Type: ENERGY STAR Certified Homes
Green Energy Efficient: Construction; Insulation
Green Water Conservation: Efficient Hot Water Distribution
Flooring: Carpet; Tile; Vinyl
Utilities Installed: 220; Cable TV; Electricity; Individual Meter; Sol/Gen/Wnd; Water - City; WWT - City Sewer
Roof: Concrete Tile
Views: Boulders; Glassford Hill; Granite Mountain; Lake; SF Peaks
Water Heater: Natural Gas; Re-Circulating
Road Frontage Type: Private Road; City Street
Road Surface Type: Paved
Road Responsibility: City Maintained Road; Subdivision Maintained Road
Other Rooms: Family Room; Great Room; Laundry Room; Media Room; Storage; Study/Den/Library; Other - See Remarks
Records Available: None
Subdivision Features: Club House; Fitness/Exercise Cnt; Gated Community; Golf-Private; Handball; Membership Required; Pool; Restaurant; Spa/Hot Tub; Tennis
Possession: At Recordation

Listing Office: eXp Realty

Last Updated: May - 18 - 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.


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