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$6,595,000
45 Days Online

1-18 Sky Ridge Court
Sedona, AZ 86336

For Sale|Land|Active
Subdivision:
Sky Ridge
County:
Coconino

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928-300-0690
1-18 Sky Ridge Court1-18 Sky Ridge Court1-18 Sky Ridge Court1-18 Sky Ridge Court
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Seller financing is available. Spectacular new luxury resort community, Sky Ridge Estates. 18 lots to be fully improved by 7/2024 and included in the price. All underground water, sewer, electric, and natural gas are to be stubbed to each lot. Newest subdivision in the heart of Sedona. Beautiful panoramic view hilltop lots. Short walk to 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 commenced end of August, with completion aiming for 6/24. Guest houses may be able to be added. HOA allows short-term rentals managed by an exclusive STR management company. Also available 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. The seller may carry with full-price offer & half down.(9, 995, 000 recently reduced from 14, 500, 000) Total of 18 acres including 25 lots. Sky Ridge Estate 18 lots to be FULLY IMPROVED and is included in the price with estimated completion by 6/2024. 1.75-acre cf lot is being offered for 1, 695, 000 (not included). Please see the attached Offering memorandum for more information. Plus 6 additional lots(not included also being offered for 1, 695, 000) are platted and sit on a ridge/red rock outcropping or bluff. Excavation and all improvements bid on those 6 lots is 600, 000 9/2023, approval is for gated (gates not included in price) Seller may carry with a full price offer & half down on the entire combined portfolio now reduced to $9, 995, 000 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 builder Galloway Custom Homes, call for details. The owner is an active licensed AZ Real Estate broker, general contractor, and developer.

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Listing Snapshot
Price 
$6,595,000
Days Online 
45 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
12.5 Acres
Year Built 
N/A
MLS Number 
534953
Status 
Active
Property Tax 
$1,000
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS
2 weeks agoPrice changed to $6,595,000
3 weeks agoPrice changed to $6,795,000
2 months agoListing first seen online
General Features
Acreage 
12.5
Property Sub Type 
Residential Land
Zoning 
RS-18
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Exterior Features
Fencing 
None
Lot 
Red RockViewsRock Outcropping
Road Frontage 
Other
Other Structures 
None
Community Features
MLS Area 
41 - Uptown Sedona
Listing courtesy of Galloway Realty, LLC

Neighborhood & Commute
Source: Walkscore
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