50 Tranquil Ave - Residential LAND FOR SALE


Sedona, AZ 86336 426,888 SF
$8,500,000 USD
928-282-4166
50 Tranquil Ave, Sedona, AZ for Sale
$8,500,000 USD
Residential LAND - FOR SALE
1/27
426,888 SF

50 Tranquil Ave
Sedona, AZ 86336


HIGHLIGHTS

  • Prime Sedona Development Opportunity
  • Potential Multi-Family Acreage within West Sedona
  • Rare undeveloped parcel spans 9.4 Acres

OVERVIEW

Prime Sedona Development Opportunity! Introducing an extraordinary investment opportunity in the Heart of West Sedona! Where the mantra ''Location, Location, Location!'' truly comes to life. Please respect the owner's privacy and only enter the property when accompanied by the Listing Agent. This rare parcel spans an impressive 9.4 acres and stands as one of the last remaining undeveloped, potential multi-family acreage within West Sedona. The land's gentle slope complements architectural ambitions, promising to showcase the striking views of iconic RED ROCK formations in all directions. Existing zoning RMH (Residential Mobile Homes) presents a canvas of possibilities, with single-family 10,000 sq. ft. minimum lots. However, the allure of this property lies in its alignment with Sedona's Community Plan, where it is designatedas a potential "Planned Area." Here, the canvas awaits your creative touch, offering the opportunity for re-zoning to multi-family, without the need for a Community Plan Amendment (The City of Sedona has previously discussed a willingness to "Fast Track" the approval of required zoning changes to multi-family). Envision the southern portion as a realm of high-density development, fostering inclusivity with a range of housing options, including affordable residences. To the north, the topography suggests lower-density living, with prospects ranging from luxurious condos, patio homes and townhomes, to single-family dwellings along the border of the adjacent neighborhoods. Essential utilities, including sewer connections, are readily available, ensuring that this development is unencumbered by potential logistical constraints. Beyond the land's development potential, an inviting hidden jewel awaits your discovery - a charming home, constructed in 1948 by renowned Madole. This home will be a great addition to this project (a potential clubhouse or similar) as your vision comes to fruition. The true value of this property lies not just in its present state, but in the boundless potential. Welcome to the future of West Sedona.

FOR SALE DETAILS

PRICE

$8,500,000 USD

PRICE/ACRE

$867,347/AC

PRICE/SF

$20 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Apartment Units

LAND ACRES

9.8 AC

LAND SF

426,888 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Cable, Telephone

ZONING

RMH

APN/PARCEL ID

408-24-087

ASK ABOUT THIS PROPERTY

Pamela SchabatkaRE/MAX SedonaMore Info
928-282-4166

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Pamela SchabatkaRE/MAX SedonaMore Info
928-282-4166

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.