Improved Residential Land for Sale in Prescott, Arizona

Discover a rare multi-family opportunity in the heart of Prescott, Arizona. Set on 2.38 acres surrounded by tall pines, natural boulders, and scenic views, this exceptional property features two residences totaling 5,864 square feet of living space. The setting offers a blend of beauty, privacy, and flexibility, ideal for multi-generational living, short-term rentals, or a mix of personal and investment use.The main residence at 1601 Buttermilk includes four bedrooms, three full baths, and approximately 4,872 square feet across three levels connected by a working elevator. The open main floor features multiple living areas, a wood-burning fireplace, and a spacious kitchen with granite counters, island seating, and large windows overlooking the hillside. The primary suite offers deck access, a soaking tub, a walk-in shower, and generous storage. The lower level serves as a private guest or in-law suite with its own kitchen, laundry, and exterior access, creating an ideal space for extended family or rental income.Distinctive features include a safe room, workshop, and several covered patios perfect for enjoying morning coffee or evening sunsets through the pines. The second home at 1565 Idylwild is framed and wired, ready to finish as a guest cottage, rental unit, or private studio retreat. Both homes are connected to city utilities and offer ample parking, all with no HOA restrictions.Located just minutes from downtown Prescott, this property combines convenience with tranquility. Zoned SF9, it provides development flexibility while maintaining a natural, secluded setting. The unique combination of location, space, and potential makes this one of Prescott's most versatile investment properties.Proudly presented by Rent Right | Home Right Real Estate, this property offers the perfect balance of comfort, privacy, and opportunity. Schedule your private showing today to explore this distinctive mountain retreat and investment in the heart of Prescott.