118 Sky Ridge Court #5
Sedona, AZ 86336

Sky Ridge Estates is a brand-new luxury resort community located in the heart of Sedona. The community offers 18 lots, each with underground water, sewer, electric, and natural gas to be stubbed in. The community is surrounded by beautiful panoramic views with hilltop lots available. In addition, there's a 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 just a short walk away. Roads and all underground utilities are currently under construction and included in the price. If you're interested in adding a guest house, it may be possible. The HOA allows short-term rentals managed by an exclusive STR management company. Seller financing is available. Also available and part of a 3-turn-key 18-acre project portfolio (see operating memorandum under the docs tab) for 8,495,000 with an adjoining 1.76-acre CF zoned(permitted uses include clubhouse, wedding/corporate facility, private club, assisted living) parcel on Brewer Rd and six additional hilltop half-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, six additional lots(not included, but also offered for 1,495,000) are platted and sit on a ridge/red rock outcropping or bluff. Excavation and all improvements bid on those six 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.A buyer-builder program is in place with renowned architectural firm PHX Architecture -Erik Peterson and custom home builder Galloway Custom HomesPaul Galloway. Call for details.The owner is an active licensed AZ Real Estate broker, general contractor, and developer and can assist new buyers to market-build and sell homes and lots.