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$699,900
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Property Description
Perched above Watson Lake with sweeping views of the Granite Dells, Willow Lake, and surrounding mountains, this spacious home offers an incredible blend of scenery, functionality, and flexible living space. The pavered entry welcomes you into an open-concept main level featuring extensive tile flooring, a gas fireplace with stacked stone surround, and oversized windows designed to capture the stunning lake and hillside views.The kitchen is equipped with granite countertops, stainless steel appliances, abundant cabinetry, and a floating island, all opening seamlessly to the main living and dining areas. Just off the kitchen is a French-door office with a closet, offering the flexibility to serve as an additional bedroom if desired.The primary suite enjoys beautiful lake and Granite Dells views along with a spacious ensuite bath featuring dual vanities, a soaking tub, walk-in shower, and generous closet space. The upper level also has a full bathroom and bedroom perfect for guests.Downstairs, you'll find an enormous secondary living area with laminate vinyl flooring, built-in bookcases, two additional bedrooms, a full bathroom, and an impressive amount of storage space. The lower level also offers direct backyard access, making it ideal for guests, multigenerational living, hobbies, or entertaining.Step outside to multiple outdoor living spaces including an elevated deck with panoramic views, a paver patio, additional sitting area, and a private hot tub that conveys with the property. Low-maintenance landscaping complements the natural beauty surrounding the home. Additional features include a water softener and leased solar system for improved energy efficiency.
Full Property Details
Full Property Details for 1478 Varsity Dr
General
- Price: $699,900
- HOA FEE: $61/month
- Taxes: $2,379 (2025)
- Status: Active
- Type: Single Family
- Source: PAAR_Prescott_MLS
- MLS ID: 1081838
- Updated: 5/18/2026
- Added to Site: 11 day(s) ago
Interior
- Rooms/Areas: Family Room, Great Room, Laundry Room, Media Room, Other - See Remarks, Storage, Study/Den/Library
- Interior Features: Ceiling Fan(s), Wired for Data, Eat-in Kitchen, Granite Counters, Kitchen Island, Living/Dining Room Combination, Master Downstairs, Rev Osmosis System, Hot Tub/Spa, Walk-In Closet(s), Washer and Dryer Hookups, Water Purification System
- Fireplace(s): Gas
- Appliances: Cooktop, Dishwasher, Disposal, Dryer, Gas Range, Microwave, Oven, Range, Refrigerator, Washer, Water Softener Owned
- Flooring: Carpet, Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Additional Information
- Pool: Yes
- Spa: Yes
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Front Landscaping, Rear Landscaping, Level Entry, Spa/Hot Tub, Storm Gutters
- Porch/Patio/Deck: Covered, Patio
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Paver Block, Garage Door Opener
Location
- County: Yavapai
- Subdivision: Falcon Point At Prescott Lakes
- Driving Directions: Heading north on Hwy 89, turn left onto Prescott Lakes Pkwy, take the first right into Astoria, take a right on Varsity Dr and go around the loop, the property will be on the right.
Community
- Community Features: Club House, Fitness/Exercise Cnt, Gated Community, Golf-Private, Handball, Membership Required, Pool, Restaurant, Spa/Hot Tub, Tennis
- Gated community: Yes
- Association: Yes
- Home Owners Assn.: Subdivision
- Pet Restrictions: Domestics
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air Conditioning, Zoned
- Heating Type: Forced Air, Natural Gas, Zoned
- Water Heater: Natural Gas, Re-Circulating
Utilities
- Water: Public
- Onsite: Cable Available, Electricity Available, Individual Meter, WWT - City Sewer
Structural Information
- Architectural Style: Contemporary
- Split Bedroom Plan: Yes
- Construction Status: Existing
- Construction: Frame
- Basement: Yes
- Basement Desc.: Walk-Out Access, Finished, Plumbed, Sump Pump, Walk Out
- Roof: Concrete
- Windows: Solar Screens, Aluminum Frames, Double Pane Windows, Blinds, Screens
- Stories/Levels: 2
- Building Size: 3049
- Square Feet: 3,049
- Year Built: 2017
Lot Features
- Property View: Boulders, Glassford Hill, Granite Mountain, Lake, SF Peaks
- Lot Size (Acres): 0.22
- Lot Size Source: County Records
- Frontage: City Street, Private Road
- Street/Road Desc.: Paved
- Road Maintenance: City Maintained Road, Subdivision Maintained Road
- Fence: Yes
- Topography: Hillside, Other - See Remarks, Other Trees, Sloped - Gentle, Views
- Zoning: BG (PAD)
- Fencing (Description): Back Yard
Green Features
- Building Certification: ENERGY STAR Certified Homes
- Energy Efficient: Construction, Insulation, Roof
- Water Conservation: Efficient Hot Water Distribution
Financial Considerations
- Association Fee: $61
- Assoc Fee Freq.: Monthly
- Other Assoc Fees: $165
- Other Fee Freq.: Monthly
- Tax Amount: $2,379
- Tax Year: 2025
- Terms: 1031 Exchange, Cash, Conventional, FHA, VA
Disclosures and Reports
- Legal Description: FALCON POINT AT PRESCOTT LAKES LOT 29 CONT .22AC SEC 23&24 -14-2W M&P 59/5-7
- APN: 105-04-321
Listed by eXp Realty
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Schools
Schools serving 1478 Varsity Dr
School District:Prescott Unified District
| Name | Grades | Distance |
|---|---|---|
Taylor Hicks School 1845 Campbell Avenue, Prescott, AZ 86301 | K-4 | 2.5 mi |
Granite Mountain Middle School 1800 North Williamson Valley Road, Prescott, AZ 86305 | 5-6 | 4 mi |
Prescott High School 1050 Ruth Street, Prescott, AZ 86301 | 9-12 | 3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1478 Varsity Dr
Date
Details
Price
Change
Source
5/08/2026
Listed
$699,900
286.89%
MLS
11/19/2018
Sold
$180,906
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1478 Varsity Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,379
3%
$65,270
3%
2024
$2,307
100%
$63,304
—
2024
-100%
$63,568
-2%
2022
$2,227
—
$65,166
19%
2022
$2,227
-7%
$54,771
4%
2021
$2,390
—
$52,686
3%
2020
$2,400
991%
$51,105
100%
2019
$220
3%
-100%
2018
$213
5%
$7,620
57%
2017
$203
—
$4,839
—
2016
$204
-7%
$4,839
98%
2015
$219
-8%
$2,445
-6%
2013
$237
—
$2,608
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1478 Varsity Dr
1478 Varsity Drive, Prescott, AZ 86301 (MLS# 1081838) is a Single Family property with 5 bedrooms and 3 full bathrooms. 1478 Varsity Drive is currently listed for $699,900 and was received on May 08, 2026. Want to learn more about 1478 Varsity Drive? Do you have questions about finding other Single Family real estate for sale in Prescott? You can browse all Prescott real estate or contact a Coldwell Banker agent to request more information.

