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50 Tranquil Ave, Sedona, AZ 86336
$8,189,280
50 Tranquil Ave, Sedona, AZ 86336View this property at 50 Tranquil Ave, Sedona, AZ 86336
50 Tranquil AveSedonaAZ86336
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Property Description
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 designated as 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.
Full Property Details
Full Property Details for 50 Tranquil Ave
General
- Price: $8,189,280
- Taxes: $2,925 (2022)
- Status: Active
- Type: Multi-Family
- MLS ID: 534022
- Updated: 4/25/2024
- Added to Site: 241 day(s) ago
Location
- Area: 42 - West Sedona
- County: Yavapai
- Subdivision: 5 Acres or More
- Location Details: Red Rock, Rural, Trees
Community
- Community Name: 42 - West Sedona
Lot Features
- Lot Size (Acres): 9.4
- Lot Size (Sq. Ft.): 409,464
- Lot Size: 9.4
- Lot Size Source: Appraiser
- Road Maintenance: Private Maintained Road
- Lot Features: Red Rock, Many Trees, Rural, Views, Rock Outcropping
- Zoning: RMH
- Fencing (Description): Partial, Log/Rail
Financial Considerations
- Tax Amount: $2,925
- Tax Year: 2022
Disclosures and Reports
- Legal Description: N 99.06' OF NW4 SW4 SE4; S 300'OF SW4 NW4 SE4 CONT 4.5AC 166/169; PCL OF LAND 300X315' CONT 2AC ADJ RIGBY ON S & WOF RO
- Property ID: 40824087
Listed by RE/MAX Sedona
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Schools
Schools serving 50 Tranquil Ave
School District:Sedona-Oak Creek Jusd #9
Rating | Name | Grades | Distance |
---|---|---|---|
570 Posse Ground Rd, Sedona, AZ 86336 | K-8 | 1.1 mi | |
995 Upper Red Rock Loop Rd, Sedona, AZ 86336 | 7-12 | 2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 50 Tranquil Ave
Date
Details
Price
Change
Source
9/09/2023
Listed
$8,189,280
470.68%
MLS
10/29/2015
Sold
$1,435,000
—
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 50 Tranquil Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$2,925
—
$101,530
-9%
2022
$2,925
—
$111,135
59%
2022
$2,925
-3%
$69,872
32%
2021
$3,002
-9%
$53,124
13%
2020
$3,296
1%
$46,942
100%
2019
$3,264
1%
-100%
2018
$3,223
3%
$31,401
—
2017
$3,136
1%
$31,389
-31%
2016
$3,095
—
$45,726
—
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 50 Tranquil Ave
50 Tranquil Ave, Sedona, AZ 86336 (MLS# 534022) is a Multi-Family property with a lot size of 9.4 acres. 50 Tranquil Ave is currently listed for $8,189,280 and was received on September 10, 2023. Want to learn more about 50 Tranquil Ave? Do you have questions about finding other Multi-Family real estate for sale in Sedona? You can browse all Sedona real estate or contact a Coldwell Banker agent to request more information.