1302 Terrace View Drive, Prescott, AZ 86301
$3,750,000
Property Type:
Residential
Bedrooms:
6
Baths:
3
Square Footage:
6,999
Lot Size (sq. ft.):
796,712
Status:
Active
Current Price:
$3,750,000
List Date:
4/24/2026
Last Modified:
9/10/2026
Overview
Description
...
(Read more)
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
Listing Details MLS# 1081423
ContractAddressLegal
- Original List Price
- 3750000
- Listing Price
- 3750000
- Street #
- 1302
- Street Name
- Terrace View
- St Suffix
- Drive
- City/Township
- Prescott
- State
- AZ
- Zip Code
- 86301
- County
- Yavapai
- Subdivision
- Winn
- Tax Parcel
- 116-18-083
General Property Description
- Bedrooms Possible
- 10
- Split Bedroom Plan
- Yes
- Baths - Full
- 3
- Total Bathrooms
- 3
- WH Gallons
- 50
- Year Built
- 1978
- Aprx SqFt
- 4618
- Total Liveable SqFt
- 6999
- Source of Measurement
- County Assessor
- Stories
- 2
- Aprx Acres
- 18.29
- Garage Detached
- 3
- Total Garage
- 3
- Total Parking
- 3
- RV Garage/Parking
- Yes
- Buildings
- 2
- Home Warranty
- Negotiable
- Solar Y/N
- No
- HOA Y/N
- No
- Age Restrictions Y/N
- No
- Builder Name
- Unknown
- Plan Type
- Custom
Tax Info
- Taxes
- 5380
- Tax Year
- 2025
- Asmts Freq
- Semi-Annual
Guest House
- Bathrooms
- 4
- SqFt
- 2381
More Information
Property Features
Style:
Multi-Level; Ranch
Construction:
Frame - Wood
Interior Features:
Ceiling Fan(s); Fireplace-Woodburn; Formal Dining Area; Granite Counters; Kit/Din Combo; Rev Osmosis System; Smoke Detector(s); Utility Sink; Wash/Dry Connection
Exterior Features:
Deck-Open; Driveway-Circular; Fence - Perimeter; Native Species; Patio - Covered; Patio - Open; Well/Pump House
Appliances:
Disposal; Dryer; Electric Range; Oven; Refrigerator; Washer; Water Softener Rented
Heating:
Electric
Cooling:
Ceiling Fan(s); Central Air
Flooring:
Vinyl
Utilities Installed:
Cable TV; Electricity; Telephone; Water - Private Well; WWT - Septic Conv
Roof:
Composition
Views:
Bradshaw Mountain; Glassford Hill; Granite Mountain; Juniper/Pinon; Mountain(s); Panoramic; Thumb Butte; Trees/Woods; See Remarks
Horse Amenities:
See Remarks
Water Heater:
Natural Gas
Road Frontage Type:
City Street
Road Surface Type:
Dirt; Paved
Road Responsibility:
City Maintained Road; Private Maintained Road
Other Rooms:
2nd Master; Family Room; Game/Rec Room; Hobby/Studio; In-Law Suite; Laundry Room; Workshop
Records Available:
None
Subdivision Features:
None; Other - See Remarks
Possession:
At Recordation
Listing Office:
Compass
Last Updated: September - 10 - 2026
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