14.5 Acres Lot
14.5 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Sky Ridge Estates
MLS Listing ID 6944435
HOA Y/N Yes
Annual Tax Amount $15,000
Tax Year 2025
Lot Size 14.500 Acres
Acres 7.0
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
The residence club is like a resort, but instead of renting a room, one has an entire home with resort amenities. The 1.7-acre CF-zoned commercial lot is the only undeveloped lot in the New Town Square/CCRC continuing care retirement community, with possibly 90 units. 10 years in the making, improved, entitled, ready to build lots, all zoning in place, PLUS EXCLUSIVE BUILDER RIGHTS TO BUILD ALL 20 custom homes for existing lot owners, plus EXCLUSIVE SHORT-TERM RENTAL/ MANAGEMENT RIGHTS - residual management fee income. Seller is a high-end custom home builder, broker, and developer, and can build out for you and manage rentals.
Rental Comps:
1.).5 mile away, Ambiente, La Auberge, and 10 minutes away Enchantment resort; first two with road noise below the highway, renting for up to 2200+ per night (for 550 s ft) with 75% occupancy. Sky Ridge will be quieter, with much better views and location, and much higher-end homes, 2500-4500 s ft 3/3 AND 5/6 BED BATH, fetching MUCH more. This is a one-of-a-kind project. Seller will begin construction late 2026. The seller has many projects and is looking to consolidate and semi-retire. Several other large land listings of similar size in the area are for sale, but will take 10 years to get approvals/permits/utilities, are raw, unimproved(took 10 years to get Sky Ridge done), and millions in improvements with costs sky rocketing.
Most recently sold lot comp lots in residence clubs);
1.)60 Indian head lane .54 acre lot 1/15/2024 sold for 1,250,000.
2.)170 HIDDEN MEADOW DR 7, 1.3-acre lot 3/26/2025 sold for 3,100,000
3.)75 PASEO DEL INEZ 7; 81-acre lot 1/13/2026 sold for 1,350,000.
*gates and assisted living not approved, but within allowable uses within zoning as of 1/1/2026, projects within zoning and building code can go straight to application for permit, skipping the years-long brain damage, deal fatigue of fighting city counsel and Planning and zoning.
The last of the large land parcels can take 5-10 years to be ready for construction. This project took 9 years!
Location
State AZ
County Coconino
Community Sky Ridge Estates
Area Coconino
Zoning RS18,CF
Direction To CF 1.74 acre parcel hwy 179 or hwy 89a to 251 Brewer rd. , to get to Sky Ridge lots R.on Mormon hill rd. to sign before church.
Interior
Flooring Flooring
Exterior
Fence Wire
View Mountain(s), City, Creek/Stream, Panoramic, Red Rocks/Boulders, Trees/Woods, City Lights
Topography Other (See Rmks), Gentle Sloping
Private Pool No
Building
Lot Description See Remarks, Cul-De-Sac, Gated Community
Sewer Other, Public Sewer
Water See Remarks
New Construction No
Others
HOA Name Sky Ridge HOA
Senior Community No
Tax ID 401-38-033
Acceptable Financing Owner May Carry, Cash
Horse Property N
Disclosures Other (See Rmks), ALTA Survey Alba
Listing Terms Owner May Carry, Cash
Special Listing Condition Owner/Agent, N/A
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6900 E Camelback Rd Suite 110, Scottsdale, AZ, 85251, USA