105 Cultural Park Place, Sedona, AZ 86336
$20,000,000
Property Type:
Vacant Land
Lot Size (sq. ft.):
1,785,960
Status:
Closed
Current Price:
$20,000,000
List Date:
11/30/2022
Last Modified:
9/06/2024
Description
Sedona's Cultural Park consists of approximately 41 acres - truly the gateway into Sedona off interstate 89A. Two appraisals completed in 2022 to validate list price. The Cultural Park is the last & largest undeveloped properties left in and around Sedona offering unparalleled red rock vistas, Mogollon Rim views, with US Forest Service on the west and north side of property boundaries. The property is accessed from Highway 89A & Cultural Park Place. The City of Sedona has already approved uses for the Cultural Park such as multi-family housing, commercial & lodging, wellness, center of innovation, conference center, food services, retail, welcome center, and other commercial uses. City of Sedona must approve any development - there is no current zoning for the famous Cultural Park.
More Information MLS# 531861
Contract Information
Area: 43 - RR Loop/Outlying
Subdivision: 5 Acres or More
Sub-Type: Multi-Residential
Listing Price: 19900000
Current Price: $20,000,000
List Price/Acre: 485365.85
Status: Closed
Listing Date: 2022-09-27
Location
County: Yavapai
Tax Parcel: 40847004c
Street # (Modifier): 105
Street Name: Cultural Park
St Suffix: Place
City/Town Code: Sedona
State/Province: AZ
Zip Code: 86336
General Property Description
Phase: 1
Lot #: 00
Lot Acreage: 41
Lot Size Source: County Assessor
Zoning: Needs Zoning
Lot Dimensions: See Alta Survey
Perks: Yes
Status Change Info
Date Pended: 2022-12-01
Close Date: 2022-12-08
Sold Price: $20,000,000
Sold Price/Acre: 487804.88
Financing: Cash
Property Features
Location: Borders Nat'l Forest; Corner; Red Rock; Trees; View; Borders Nat'l Forest; Corner; Red Rock; Trees; View
HOA: None
Buildings: Other - See Remarks
Flood Zone: Verify; Zone X
Fence: None
Association Fees: None
Irrigation: None
Existing Loan: None
Lot Improvements: Sewer Available; Other - See Remarks
Pet Privileges: Domestics; Horses
Road Access: Dirt; Gravel; Paved; Private
Road Maintenance: City Maintained; Privately Maintained
Restrictions: Other - See Remarks
Topography: Hillside; Hilltop; Level; Plateau; Rolling; Sloped Gentle
Terms Available: Cash; Cash to New Loan
Utilities Installed: Electricity; Private Water Co; Sewer (Public); Underground Util's
Utilities Available: 220; Cable TV; Electricity; Private Water; Sewer (City); Telephone; Underground Utilities
Views: Mountains; Panoramic; Red Rocks/Boulders
Special Conditions: N/A
Listing Office: Russ Lyon Sotheby's Intl Rlty
Last Updated: September - 06 - 2024
Information deemed reliable but not guaranteed.