1302 Terrace View Drive, Prescott, AZ 86301
Local realty services provided by:ERA Brokers Consolidated
1302 Terrace View Drive,Prescott, AZ 86301
$3,750,000
- 6 Beds
- 3 Baths
- 6,999 sq. ft.
- Single family
- Active
Listed by: nancy read, david newcombenancy.read@compass.com
Office: compass
MLS#:7017602
Source:ARMLS
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 #:7017602
- Updated:April 28, 2026 at 03:04 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Flooring:Vinyl
- Living area:6,999 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Programmable Thermostat
- Heating:Electric
- Central air:Yes
Structure and exterior
- Year built:1978
- Building area:6,999 sq. ft.
- Lot area:14.8 Acres
- Lot Features:Cul-De-Sac, Dirt Back, Dirt Front, East/West Exposure, Hillside, Natural Desert Back, Natural Desert Front, North/South Exposure, Street(s) Not Paved
- Architectural Style:Ranch
- Construction Materials:Painted, Stucco
Schools
- High school:Prescott High School
- Middle school:Granite Mountain Middle School
- Elementary school:Taylor Hicks School
Finances and disclosures
- Price:$3,750,000
- Price per sq. ft.:$535.79
- Tax amount:$5,380 (2025)
Parking
- Parking description:Gated, RV Access/Parking, Separate Storage Areas(s)
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