1302 Terrace View Drive, Prescott, AZ 86301
Local realty services provided by:Better Homes and Gardens Real Estate BloomTree Realty
1302 Terrace View Drive,Prescott, AZ 86301
$3,750,000
- 6 Beds
- 3 Baths
- 4,618 sq. ft.
- Single family
- Active
Listed by: nancy ann read, non member
Office: compass
MLS#:1081423
Source:AZ_PAAR
Price summary
- Price:$3,750,000
- Price per sq. ft.:$535.79
About this home
Discover a rare opportunity to own a truly exceptional property in a highly desirable location adjacent to Prescott Lakes. Zoned SF-9, this expansive 18+ acre offering consists of three parcels w/ gently rolling topography & breathtaking views overlooking downtown Prescott. This unique homestead presents incredible potential for investors, developers, or those seeking a private estate. Whether you choose to revitalize the existing structures or envision a new subdivision, the possibilities are extensive. The main residence spans 4,618 sq. ft & features 6 bed, 3 bath, including an upper-level suite complete w/ a kitchenette, ideal for multi-generational living or guest accommodations. An additional 2,381 sq. ft. outbuilding includes 3 apartment units and caretaker's residence.While currently in need of restoration, the structure offers solid foundational elements, w/ existing electricity, plumbing, & septic systems already in place, making it a prime candidate for redevelopment into rental units, guest quarters, or a future community clubhouse. Property has two existing wells w/ 2 ponds that could be restored or re-designed. With its combination of size, zoning, location, & panoramic views, this property represents a rare & versatile investment opportunity in the heart of Prescott.Sale includes additional parcels include 116-18-066E and 116-18-080...
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Home facts
- Year built:1978
- Listing ID #:1081423
- Added:40 day(s) ago
- Updated:June 04, 2026 at 09:58 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Vinyl
- Kitchen Description:Disposal, Electric Range, Oven, Refrigerator
- Basement:Yes
- Basement Description:Slab
- Living area:4,618 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air
- Heating:Electric
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1978
- Building area:4,618 sq. ft.
- Lot area:18.29 Acres
- Architectural Style:Ranch
- Exterior Features:Driveway Circular, Native Species
- Levels:2 Story
Utilities
- Sewer:Septic Conventional
Finances and disclosures
- Price:$3,750,000
- Price per sq. ft.:$535.79
- Tax amount:$5,380 (2025)
Features and amenities
- Laundry features:Dryer
- Amenities:Ceiling Fan(s), Formal Dining, Granite Counters, Rev Osmosis System, Water Softener Rented
Parking
- Total parking spaces:3
- Garage:Yes
- Garage spaces:3
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