Skip to main contentSkip to navigation
1 / 75

Land with Home for Sale in Prescott, Arizona

1302 Terrace View Dr, Prescott, AZ 86301

$3,750,000
18.3 acres
Active sale
ago
Est $18,435/mo

Discover a rare opportunity to own a truly exceptional property in a highly desirable location adjacent to Prescott Lakes. Zoned SF-9, this expansive 18+ acre offering consists of three parcels w/ gently rolling topography & breathtaking views overlooking downtown Prescott. This unique homestead presents incredible potential for investors, developers, or those seeking a private estate. Whether you choose to revitalize the existing structures or envision a new subdivision, the possibilities are extensive. The main residence spans 4,618 sq. ft & features 6 bed, 3 bath, including an upper-level suite complete w/ a kitchenette, ideal for multi-generational living or guest accommodations. An additional 2,381 sq. ft. outbuilding includes 3 apartment units and caretaker's residence.While currently in need of restoration, the structure offers solid foundational elements, w/ existing electricity, plumbing, & septic systems already in place, making it a prime candidate for redevelopment into rental units, guest quarters, or a future community clubhouse. Property has two existing wells w/ 2 ponds that could be restored or re-designed. With its combination of size, zoning, location, & panoramic views, this property represents a rare & versatile investment opportunity in the heart of Prescott.Sale includes additional parcels include 116-18-066E and 116-18-080

4,618
Sq feet
6
Beds
3
Full baths
1978
Built

Location

Street address
1302 Terrace View Dr
Elevation
5,599 feet
Coordinates
34.5665, -112.4655

Directions

Turn onto Terrace View from Rosser. Follow to end of cul-de-sac. Homestead is beyond the private gate.

Property details

Acreage
18.29 acres
Zoning
SF-9
MLS #
PAAR 1081423
Posted

Property taxes

2025
$5,380 - WINN SUBD LOT 3

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

View
City

Exterior

Parking Spaces
3
Fencing
Perimeter
Pool
Deck, Patio
Features
Driveway Circular, Native Species

Structure

Style
Ranch
Stories
2
Water
Private, Well
Heating
Electric
Cooling
Ceiling Fan(s), Central Air
Materials
Frame
Roof
Composition
Windows
Double Pane Windows, Shutters

Interior

Rooms
Bathroom x 3, Bedroom x 6, Dining Room, Family Room x 2, Game Room, Laundry Room
Flooring
Vinyl
Fireplaces
Yes
Appliances
Disposal, Dryer, Electric Range, Oven, Refrigerator, Washer, Water Softener Rented
Features
Ceiling Fan(s), Formal Dining, Granite Counters, Kit/Din Combo, Rev Osmosis System, Wash/Dry Connection

Listing history

DateEventPriceChangeSource
Apr 24, 2026New listing$3,750,000PAAR
Subscribe to listing updates

Payment calculator

This 18.29-acre property is located at 1302 Terrace View Dr in Prescott, AZ 86301. The property is available for sale for $3,750,000. It has a 4,618 sq ft 6 bedroom, 3 bath house built in 1978.

Checked 2 hours ago — Updated

Report listing issue

Copyright © 2026 Prescott Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Contact listing agent Rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact