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Mixed-Use Land for Sale in Sedona, Arizona

Coconino County, Sedona, AZ 86336

$7,995,000
7 acres
Active sale
Est $55,446/mo

Builders & Developers! Turnkey, shovel-ready to build Heart of Sedona residence club project. 10 platted, separately parceled lots EXCLUSIVE BUILDER AND PROPERTY MANAGER RIGHTS ON ALL 19 LOTS AND CF 1.7 AC CCRC PARCEL. 9 approximately half-acre+ short-term rental luxury wellness residence club community lots PLUS rare adjoining 1.7 acre commercial lot, the only undeveloped commercial lot in new town square across from new town square park and historic ranger station Cf zoned for clubhouse, med-spa, assisted living(80-100 units), wedding, corporate facility, etc.(see document tab chart of allowable uses). The 9 best lots in Sky Ridge Estates, with road and all underground utilities, are estimated to be completed in late 2026. Located in the HEART OF SEDONA, WALK TO NEW TOWN SQUARE FINE DINING & SHOPPING AND OAK CREEK. RIDGE TOP QUIET PANORAMIC VIEW LOTS. 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

Zip code
86336
Community
Sky Ridge Estates
Elevation
4,308 feet
Coordinates
34.8629, -111.7694

Directions

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.

Property details

Acreage
7 acres
Zoning
RS18, CF
MLS #
ARMLS 6944435
Posted

Property taxes

2025
$15,000

Expenses

Homeowner Association Fee
$300 monthly

Parcels

  • 401-38-033

Details and features

Listing

Type
Land
Address
7 + Acres 10 Parcels Mormon Hill RD 5-7,13-17,19&Cf Lot
Franchise
None

Lot

View
City
Features
Cul-De-Sac, Gated Community

Structure

Sewer
Public Sewer

Listing history

DateEventPriceChangeSource
May 2, 2026Price increase$7,995,000$495,000 6.6%ARMLS
Apr 25, 2026Price increase$7,500,000$1,505,000 25.1%ARMLS
Apr 20, 2026Price drop$5,995,000$500,000 -7.7%ARMLS
Jan 13, 2026New listing$6,495,000ARMLS
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Payment calculator

This 7-acre property is located in Sedona, AZ 86336. The property is available for sale for $7,995,000 with a price per acre of $1,142,143.

Listed by Galloway Realty, (928) 821-3000

Checked 2 hours agoUpdated Source

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