823 W Clay Avenue, Flagstaff, AZ 86001

Flagstaff
Local realty services provided by:Better Homes and Gardens Real Estate Grand View North
823 W Clay Avenue,Flagstaff, AZ 86001
$890,000
  • 4 Beds
  • 3 Baths
  • 2,422 sq. ft.
  • Single family
  • Active
Listed by: rosa j leonardis
Office: da vinci realty
MLS#:204737
Source:AZ_NAAR

Price summary

  • Price:$890,000
  • Price per sq. ft.:$367.46

About this home

Exceptional redevelopment opportunity in the heart of Old Town Flagstaff. Positioned on a Highway Commercial-zoned parcel in a high-demand location near NAU, established residential neighborhoods, and key transportation corridors, this property presents a rare opportunity for developers, investors, and builders seeking future density potential in a rapidly evolving area. The primary value lies in the land, zoning flexibility, and ongoing entitlement efforts. Sellers are currently pursuing entitlement pathways that may allow for preservation of the existing residence while adding 5 townhomes, or alternatively redevelopment of the site for up to 8 townhomes (buyer to independently verify zoning, density, entitlements, permitted uses, and municipal approvals). See additional comments... Situated within the area impacted by Flagstaff's continued growth and the evolving Downtown Mile corridor, the property benefits from strong connectivity, proximity to Northern Arizona University,...

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Home facts

  • Year built:1935
  • Listing ID #:204737
  • Added:1 day(s) ago
  • Updated:June 03, 2026 at 08:45 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Ceramic Tile, Wood
  • Dining Description:Eat-in Kitchen
  • Kitchen Description:Eat-in Kitchen, Pantry
  • Living area:2,422 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Heating, Natural Gas
  • Central air:Yes

Structure and exterior

  • Year built:1935
  • Building area:2,422 sq. ft.
  • Lot area:0.3 Acres
  • Levels:Multi/Split

Finances and disclosures

  • Price:$890,000
  • Price per sq. ft.:$367.46
  • Tax amount:$3,011

Features and amenities

  • Laundry features:Separate Room
  • Amenities:Pantry

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