Residential Land for Sale in Prescott, Arizona

Discover a rare Prescott, Arizona vacant land opportunity just one mile from Downtown Prescott. Nestled among mature pines and natural vegetation, this scenic homesite offers the ideal setting to build a custom mountain home or explore its investment potential. Enjoy convenient access to historic Courthouse Plaza, Whiskey Row, dining, shopping, recreation, the future NoCo District, and planned Granite Creek Corridor improvements.For investors and developers, plans are available for a 4-unit tiny cottage concept featuring ample parking and a central outdoor kitchen/laundry area. Engineering and building permits expired in 2025 but can be resubmitted for approval. 605 Bagby creates an exciting opportunity for a multi-unit development, long-term rental property, or potential vacation rental project, subject to applicable regulations and verification.With paved access, beautiful natural surroundings, mature trees, and an exceptional location near the heart of Prescott, this property combines Northern Arizona mountain living with downtown convenience. Whether you're searching for land for sale in Prescott AZ, a buildable lot near Downtown Prescott, an investment property, multi-family development opportunity, or land for a custom home, this unique parcel deserves a closer look.