118 Sky Ridge Court #5
Sedona, AZ 86336

Seller financing is available. Spectacular new luxury resort community, Sky Ridge Estates in the Heart of Sedona. 18 lots currently being improved and included in the price. All underground water, sewer, electric, and natural gas are to be stubbed to each lot. Newest and possibly the last subdivision. Beautiful panoramic view hilltop lots. Short walk to new city park and museums town square Tlaquepaque, high-end shopping/dining, Los Abrigados Spa resort, restaurants, gym, lit tennis courts, and Oak Creek front park available for membership. Roads & all underground utilities currently under construction and included in price.Guest houses may be able to be added. HOA allows short-term rentals managed by an exclusive STR management company Also available and part of a 3 turn-key 18-acre project portfolio (see operating memorandum under docs tab) was 11,500,000 reduced to 8,895,000 with adjoining 1.76 acre CF zoned(permitted uses include clubhouse, wedding/corporate facility, private club, assisted living) parcel on Brewer Rd and 6 additional hilltop half an acre + lots on Red Rock bluff/ridge off of Carroll Canyon in west Sedona. Total of 18 acres including 25 lots. 1.75-acre cf lot is being offered for 1,395,000 (not included), Please see the attached Offering memorandum for more information. Plus 6 additional lots(not included also being offered for 1,495,000) are platted and sit on a ridge/red rock outcropping or bluff. Excavation and all improvements bid on those 6 lots is 700,000 approval is for gated (gates not included in price) Seller may carry with a full price offer & half down for the entire portfolio. PLEASE SEE THE ATTACHED; SEDONA DEVELOPMENT OPPORTUNITY /OPERATING MEMORANDUM. Lot 3 is not included (sold) Comparable, within 1 mile, 23 acres mostly undeveloped without approvals recently(10/11/23) sold for $25,661,906 or $1,115,735 per acre. Sky Ridge Estates is not your average community or short-term rental property. It is similar to a professionally managed 5-star resort with a private club/restaurant/spa/concierge / Mercedes limo van and driver etc., and tight security. Why not own and be able to short-term rent an entire home sleeping 8-10 guests with a concierge for the same rate as a high-end hotel room that sleeps two? Imagine having all your food and alcohol delivered and stocked from Whole Foods so your guests can cook or we can bring in a chef and massage therapist in the privacy of their own home. All For the same price or less than a high-end hotel room.**Subdivision is approved and roads and utilities are under construction. Private club and gates are being designed and soon to be submitted to the city for approval.Buyer builder program in place with renowned architectural firm PHX Architecture -Erik Peterson, and custom home builder Galloway Custom Homes, Paul Galloway call for details.The owner is an active licensed AZ Real Estate broker, general contractor, and developer and can assit new buyers to market build and sell homes and lots.