$6,325,500
lots 1-18 SKY RIDGE Court, 5
Sedona, AZ 86336
MLS# 6601032



lots 1-18 SKY RIDGE Court, 5, Sedona, AZ 86336
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lots 1-18 SKY RIDGE Court, 5, Sedona, AZ 86336 BACK OF 2995 3-4 MASTER SUITE MODEL FRONT OF 2995 S FT MODEL PLAT PLAT WITH TOPO BACK OF 4420 4-5 MASTER SUITE MODEL /RAMMED EARTH LOOKING DOWN ON FLOATING POOL BACK OF 3995 S FT 3-4 MASTER SUITE MODEL FRONT OF 3995 3-4 MASTER SUITE MODEL lots 1-18 SKY RIDGE Court, 5, Sedona, AZ 86336 lots 1-18 SKY RIDGE Court, 5, Sedona, AZ 86336 lots 1-18 SKY RIDGE Court, 5, Sedona, AZ 86336 lots 1-18 SKY RIDGE Court, 5, Sedona, AZ 86336 lots 1-18 SKY RIDGE Court, 5, Sedona, AZ 86336 lots 1-18 SKY RIDGE Court, 5, Sedona, AZ 86336 lots 1-18 SKY RIDGE Court, 5, Sedona, AZ 86336

Property Description
Seller financing is available. Spectacular new luxury resort community, Sky Ridge Estates in the Heart of Sedona. 18 lots currently being improved and included in the price. All underground water, sewer, electric, and natural gas are to be stubbed to each lot. Newest and possibly the last subdivision. Beautiful panoramic view hilltop lots. Short walk to 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. Roads & all underground utilities currently under construction and included in price.Guest houses may be able to be added. HOA allows short-term rentals managed by an exclusive STR management company

Details
Maps
Documents
Contract Information
Current Price: $6,325,500
List Price: $6,325,500
Status: Active
List Date: 2023-08-28
For Sale or Lease?: Sale
Type: ER
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 2
Variable Commission: Y
Location, Tax & Legal
House Number: lots 1-18
Street Name: SKY RIDGE
St Suffix: Court
Lot #: 5
City/Town Code: Sedona
State/Province: AZ
Zip Code: 86336
Country: USA
County Code: Coconino
Assessor's Map #: 38
Assessor's Parcel #: 13
Add'l Parcels: No
Assessor Number: 401-38-013
Subdivision: SKY RIDGE ESTATES
Tax Municipality: Sedona
Taxes: 2000
Tax Year: 2024
Marketing Name: SKY RIDGE ESTATES
General Property Description
Apx Total Acres: 0.62
Apx Total Acres G/N: G
Price Per Acre: 10202419.35
Apx SqFt: 26000
Price Per SqFt: 243.29
Apx SqFt G/N: G
Lot Size Dimensions: NA
Horses: N
Zoning: RS18
Remarks & Misc
Cross Street: BREWER RD.
Directions: Directions: Hwy 89A to Brewer or hwy 179 to Ranger rd. to brewer R Mormon Hill Rd to entrance
Geo Lat: 34.86243
Geo Lon: -111.769287
Status Change Info
Status Change Date: 2023-09-05
Legal Info
Lot Number: 5
Pmt & Rate Info
Equity: 6325500
Assoc/Prop Info
HOA Y/N: Y
HOA Transfer Fee: 100
HOA Fee: 300
HOA Paid (Freq): Monthly
HOA Name: SKY RIDGE ESTATES HO
HOA Telephone: 9288213000
PAD Fee Y/N: N
HOA 2 Y/N: N
Showing Notification Methods
Showing Service: No Showing Service Used
Property Features
Special Listing Cond: N/A
Existing Land Use: Residential Lot
Zoned Presently: Single Family
Potential Use: Single Family; Other
Parcel Size: .50 - .99 Acres
Roads/Streets: Asphalt
Road Responsibility: City Maintained Road; Private Maintained Road
Water: City Franchise
Sewer: Sewer - Public
Electric: APS; Underground; Individual Meter
Gas: Other (See Rmks)
Distance to Cable: Call Listing Office
Distance to Phone: On Property
Distance to Water: On Property
Distance to Electric: On Property
Distance to Gas: On Property
Distance to Sewer: On Property
New Financing: Cash; Conventional; Seller May Carry
Reports/Disclosures: Other (See Rmks)
Environmental: Other (See Rmks)
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Fencing: Other
Supplements
Also available and part of a 3 turn-key 18-acre project portfolio (see operating memorandum under docs tab) was 11,500,000 reduced to 8,895,000 with adjoining 1.76 acre CF zoned(permitted uses include clubhouse, wedding/corporate facility, private club, assisted living) parcel on Brewer Rd and 6 additional hilltop half an 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 6 additional lots(not included also being offered for 1,495,000) are platted and sit on a ridge/red rock outcropping or bluff. Excavation and all improvements bid on those 6 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. Buyer builder program in place with renowned architectural firm PHX Architecture -Erik Peterson, and custom home builder Galloway Custom Homes, Paul Galloway call for details. The owner is an active licensed AZ Real Estate broker, general contractor, and developer and can assit new buyers to market build and sell homes and lots.

Listing Office: Galloway Realty, L.L.C.

Last Updated: April - 26 - 2024

lots 1-18 SKY RIDGE Court, 5, Sedona, AZ 86336 - MLS# 6601032
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