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17.93 acre 26 lot Portfolio of 3 Assets Road Sedona, Arizona

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17.93 acre 26 lot Portfolio of 3 Assets RoadSedona, Arizona AZ86336

Listing ID6253504

17.930 Acres

$11,995,000$1M

Builders dream ! Turn Key Portfolio of 3 assets . 2 platted subdivisions. 26 total half acre hilltop panoramic view lots. 20 in center of uptown Adjoining Les Springs & Rolling Hills subdivisions accessible on Brewer rd. and Mormon Hill rd. or thru Les Springs(to view from above)Walk to Tlaquepaque / Los Abrigados resort, high end boutique stores, restaurants, pools and spa. HOA allows short term rental or assisted living homes! Road & utilities engineered ready for installation . Nothing like these views & location left to develop . Estimated value of lots as of 5/22 are 750,000 (average). Adjoining 1.7 acre CF/assisted living parcel on same parcel # and is included as well as 6 additional half ac. lots in west Sedona on a red rock outcropping(see MLS #s 6179053, 6256294,6182568 ) Pleas Retail value of improved lots is 18,000,000 + substantial additional building revenue and residual short term rental management fees. This is an amazing opportunity for a developer wanting to come to Sedona and purchase fully approved and ready to build projects. The Views and location don't get any better than this and theirs nothing else left in Sedona. Owner is an Active Az Real Estate Broker, Builder Developer and Property Manager with in house architects general contractors and interior designers and can aid/assist/consult with design, permitting, excavation, construction and short term management of entire project. Developer/builder/seller will consider selling now to 1031 fund other projects in the meantime is diligently pursuing improvements and sales very close to improving (roads and utilities). All due diligence is complete , all permitting is complete therefore seller will only entertain a short close all cash.
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