5+ acres 7 Parcels Mormon Hill Rd -- #6,13-17 &CF lot, Sedona, AZ 86336
Local realty services provided by:HUNT Real Estate ERA
5+ acres 7 Parcels Mormon Hill Rd -- #6,13-17 &CF lot,Sedona, AZ 86336
$6,495,000
- 7 Acres
- Lots / Land
- Active
Listed by: paul galloway
Office: galloway realty, l.l.c.
MLS#:6944435
Source:ARMLS
Price summary
- Price:$6,495,000
About this home
Turnkey, shovel-ready to build Heart of Sedona residence club project. 7 platted, separately parceled lots. 6 approximately half-acre short-term rental luxury home residence club community lots PLUS adjoining 1.7 acre commercial lot , the only undeveloped commercial lot in new town square across from new town square park and historic ranger station Cf zoned for clubhouse, med-spa, wedding, corporate facility, assisted living, etc.(see document tab chart of allowable uses). The 6 best lots in Sky Ridge Estates, road and all underground utilities are currently being improved with mid 2026 estimated completion. Located in the HEART OF SEDONA, WALK TO NEW TOWN SQUARE FINE DINING & SHOPPING AND OAK CREEK. RIDGE TOP QUIET PANORAMIC VIEW LOTS. 1.7 acre commercial lot is the only undeveloped lot in new town square. Basically 7.9 million value for 6.5 million difference because seller can 1031 and avoid 1.4 mm tax. Improved entitled ready to build lots all zoning in place including exclusive rights to build and manage 20 parcels . 10 million + in build value alone plus residual management fee income. Seller is a high end custom home builder, broker and developer and can build out for you and manage rentals .
Rental Comps; .5 mile away Ambiente, La Auberge and Enchantment resorts, first two with road noise below highway renting for 2200+ per night (for 550 s ft)with 75% occupancy . Sky Ridge will be quiet with much better views and location and much higher end homes 2500 s ft 3/3 fetching more . This is one of a kind project. Seller will begin construction mid 2026 if it doesn't sell. Seller has many projects looking to consolidate and semi retire. The most recent residence club lots sold in the enchantment resort and seven canyons sold for 1,250,000-1,500,000. Several other large land listings of similar size in the area for sale but will take years to get approvals/permits and are raw unimproved(took 9 years to get Sky Ridge done)and millions in improvements.
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Home facts
- Listing ID #:6944435
- Updated:January 09, 2026 at 11:53 PM
Structure and exterior
- Lot area:7 Acres
Finances and disclosures
- Price:$6,495,000
- Tax amount:$20,000
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