2800-2900 Carol can 3.7 Ac 6,.50 Ac lots, 1-6, Sedona, AZ 86336 (MLS# 6653034)

Special Listing Cond: Owner/Agent; N/A

Existing Land Use: Residential Lot

Zoned Presently: Single Family

Potential Use: Single Family; Other

Parcel Size: 2.50 - 4.99 Acres

Current Density: 02 - 05 Units P/Acre

Proposed Density: 02 - 05 Units P/Acre

Development Status: Raw Land; Plans Available; Prelim Eng Included; See Remarks

Land Features: Mountain View(s); Gated Community; Other; See Remarks

Elevation: 4,001 - 5,000 Ft

Elevation Source: Topo Survey

Vegetation: High Desert

Land Configuration: Square Rectangular

Road Responsibility: Private Maintained Road

Topography: Gentle Sloping

Existing Structures: None

Water: City Franchise

Sewer: Sewer - Public; Sewer - Available

Electric: APS

Gas: SW Gas

Distance to Cable: None

Distance to Phone: None

Distance to Water: Call Listing Office

Distance to Electric: Call Listing Office

Distance to Gas: Call Listing Office

Distance to Sewer: Call Listing Office

New Financing: Cash; Seller May Carry

Reports/Disclosures: Boundary Survey Avlb; ALTA Survey Alba

Environmental: None

Showing Notification Methods: Text; Email; Phone Call

Lockbox Type: None

A steal at 395,000 per acre with all active and sold comps closer to 900,000 per acre. Could be rezoned to an apartment building if affordable housing is included. One of a 3-turn key project offering (see 3 project operating memorandum under docs). Seller will sell all 3 projects or 18 acres including all 25 lots, 18 TO BE FULLY IMPROVED by approximately 7/2024. Adjoining CF zoned 1.7 acres parcel with allowable permitted uses are private clubhouse, corporate/wedding facility, and assisted living adjoining the Sky Ridge Estates STR lots. Events are not allowed with STR but are on this adjoining parcel. The total price for all 3 projects is now discounted to 8,895,000. (recently adjusted from 11,500,000) Please see the attached Sedona development Offering memorandum. 18 lots to include all improvements, the other 7 lots are platted and unimproved, 6 on ridge/red rock bluff. Excavation/Grading and utilities (all improvements) are currently bid at 700,000 for the 6 Lem lots(this listing Lem). Approved for gates(not included) Seller may carry with full price offer & half down. Sky Ridge Lot 3 is excluded (sold) Recent close in proximity 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. The owner is an active licensed Az Real Estate Broker, general contractor, and developer.