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$574,982
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Property Description
Nestled in the highly desirable Yavapai Hills community in the heart of Prescott, this view property offers a rare combination of flexibility, income potential, and long-term value. With breathtaking views and a thoughtfully designed layout, this home is an outstanding opportunity for buyers seeking a multi-generational setup, multi-family-style living, or strong rental potential.The main level features 1,488 square feet with three bedrooms, two bathrooms, a spacious living room, and two dining areas that provide flexibility for everyday living and entertaining. Large windows fill the home with natural light while showcasing Prescott's beautiful landscape. Step outside onto the expansive deck to enjoy morning coffee, evening sunsets, and the peaceful setting that makes Yavapai Hills one of Prescott's most sought-after neighborhoods. The roof was replaced in 2023, offering added peace of mind for years to come.The lower level adds exceptional versatility with 1,252 square feet of private guest quarters and its own separate side entrance, making it especially appealing for multi-family use or rental income. This space includes two bedrooms, one bathroom, a large living room, a kitchenette, generous storage, and a private deck. Whether used for extended family, adult children, long-term guests, or as an income-producing rental space, this lower level offers the kind of flexibility that is increasingly hard to find.For buyers looking for a property that can serve multiple needs, this home stands out. The separate living areas create an ideal setup for multi-generational households, shared living arrangements, or owners who want to offset their mortgage with rental income. With its functional layout and private lower-level quarters, this property offers excellent potential as a high-demand rental or dual-living opportunity.Located just minutes from shopping, dining, medical facilities, and downtown Prescott, this property offers the perfect balance of privacy, views, and convenience. Opportunities like this do not come along often. Whether you are looking for a spacious home with room for extended family or a property with excellent rental potential in one of Prescott's premier communities, this home delivers.
Full Property Details
Full Property Details for 694 Sunrise
General
- Price: $574,982
- HOA FEE: $37/month
- HOA FEE FREQ.: Annually
- Taxes: $1,893 (2025)
- Status: Active
- Type: Multi-Family
- Source: PAAR_Prescott_MLS
- MLS ID: 1080180
- Updated: 3/11/2026
- Added to Site: 24 day(s) ago
Interior
- Flooring: Carpet, Tile, Vinyl
Exterior
- Exterior Features: Other, Balcony
Location
- County: Yavapai
- Subdivision: Yavapai Hills
- Driving Directions: From Hwy 69 in Prescott, head North on Sunrise Blvd. Follow until you see Willet Crt on the left and make a U-turn. Home is right away on the right.
Community
- Association: Yes
- Management Type: Mgmt Company
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Refriger, Other
- Heating Type: Forced - Gas, Natural Gas
- Water Heater: Natural Gas
Utilities
- Water: Public
- Onsite: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Underground Utilities, WWT - City Sewer
Structural Information
- Construction: Frame
- Roof: Other
- Stories/Levels: 1
- Building Size: 2741
- Square Feet: 2,741
- Year Built: 1984
Lot Features
- Lot Size (Acres): 0.33
- Lot Size (Sq. Ft.): 14,375
- Lot Size Source: County Records
- Frontage: City Street
- Street/Road Desc.: Paved
- Road Maintenance: City Maintained Road
- Lot Features: Landscaped
- Zoning: PAD
Financial Considerations
- Association Fee: $440
- Assoc Fee Freq.: Annually
- Tax Amount: $1,893
- Tax Year: 2025
- Terms: 1031 Exchange, Cash, Conventional, FHA, VA
- Owner Pays: Other
Disclosures and Reports
- Legal Description: YAVAPAI HILLS UNIT 1 PHASE 1 AMENDED LOT 84 CONT .33AC SEC 32 -14-1W M&P 19/70-76
- APN: 103-20-085
- Lot Number: 84
Listed by Rent Right and Home Right
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Schools
Schools serving 694 Sunrise
School District:Prescott Unified District
| Name | Grades | Distance |
|---|---|---|
Taylor Hicks School 1845 Campbell Avenue, Prescott, AZ 86301 | K-4 | 4.9 mi |
Granite Mountain Middle School 1800 North Williamson Valley Road, Prescott, AZ 86305 | 5-6 | 6.6 mi |
Prescott High School 1050 Ruth Street, Prescott, AZ 86301 | 9-12 | 5 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 694 Sunrise
Date
Details
Price
Change
Source
3/11/2026
Listed
$574,982
155.55%
MLS
8/25/2014
Sold
$225,000
—
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 694 Sunrise
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,835
100%
$45,173
2%
2024
-100%
$44,271
-1%
2022
$1,762
—
$44,869
25%
2022
$1,762
-4%
$35,946
16%
2021
$1,836
—
$30,855
—
2020
$1,840
1%
$30,721
100%
2019
$1,816
4%
-100%
2018
$1,752
5%
$27,303
10%
2017
$1,671
-1%
$24,883
5%
2016
$1,682
4%
$23,781
3%
2015
$1,614
—
$22,999
7%
2014
$1,618
—
$21,568
—
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 694 Sunrise
694 Sunrise, Prescott, AZ 86301 (MLS# 1080180) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 694 Sunrise is currently listed for $574,982 and was received on March 11, 2026. Want to learn more about 694 Sunrise? Do you have questions about finding other Multi-Family real estate for sale in Prescott? You can browse all Prescott real estate or contact a Coldwell Banker agent to request more information.

