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Mixed-Use Land for Sale in Sedona, Arizona

Coconino County, Sedona, AZ 86336

$6,495,000
7 acres
Active
Est $45,751/mo

Turnkey, shovel-ready to build Heart of Sedona residence club project. 7 platted, separately parceled lots. 6 approximately half-acre short-term rental luxury home 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, wedding, corporate facility, assisted living, etc.(see document tab chart of allowable uses). The 6 best lots in Sky Ridge Estates, with road and all underground utilities, are estimated to be completed in mid-2026. Located in the HEART OF SEDONA, WALK TO NEW TOWN SQUARE FINE DINING & SHOPPING AND OAK CREEK. RIDGE TOP QUIET PANORAMIC VIEW LOTS. 1.7-acre commercial lot is the only undeveloped lot in the New Town Square. Basically, 7.9 million retail (under the current market value for 6.5 million (difference of tax liability, seller can 1031 and avoid 1.4 mm in tax). Improved entitled, ready to build lots, all zoning in place, PLUS EXCLUSIVE BUILDER RIGHTS TO BUILD ALL 20 STRUCTURES (10 MILLION + IN BUILD REVENUE ALONE), plus EXCLUSIVE STR RENTAL 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: .5 mile away, Ambiente, La Auberge, and Enchantment resorts; first two with road noise below the highway, renting for 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 in mid-2026 if it doesn't sell. 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 years to get approvals/permits/utilities, are raw, unimproved(took 10 years to get Sky Ridge done), and millions in improvements. The recent Residence club sold/closed Comps. 1.)60 Indian Head Lane (Enchantment residence club comp), .54 acre lot sold and closed in 11/2023, sold for 1,250,000. 2.)2.)75 PASEO DEL INEZ 7 sold for 1,350,000, closed on 1/13/26 3.)170 HIDDEN MEADOW DR 7, closed 7/8/2024 for 3,100,000

Location

Community
Sky Ridge Estates
Elevation
4,308 feet
Coordinates
34.8617, -111.7688

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

2024
$20,000

Expenses

Home Owner Assessments Fee
$300 monthly

Parcels

  • 401-38-033

Details and features

Listing

Type
Land

Lot

View
City
Features
Cul-De-Sac, Gated Community

Structure

Sewer
Public Sewer

Listing history

DateEventPriceChangeSource
Jan 13, 2026New listing$6,495,000ARMLS
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This 7-acre property is located in Sedona, AZ 86336. The property is available for sale for $6,495,000 with a price per acre of $927,857.

Checked 2 hours ago — Updated

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