Spanning over 18 acres in the 86301 zip code of Prescott, this undeveloped gem sits on a hilltop at the heart of Prescott, offering 360-degree breathtaking views of the quad cities. Located just 3 miles from downtown Prescott Square and a short drive from essential amenities such as hospitals, grocery stores, and shopping centers, this exceptional property is now available to the public. The terraced land, which includes an additional 2.5-acre parcel with stunning views, has easy access to all utilities and boasts two private, operational wells. Once a thriving family farm, this unique parcel (zoned SF-9) presents one of the most exhilarating development opportunities in the heart of Prescott.Nestled among miles of native flora and adjacent to the Yavapai Indian Reservation, these three combined parcels offer prime acreage with spectacular views of Thumb Butte, Granite Mountain, and the picturesque city of Prescott. 1302 Terrace View stands as the last uncharted territory in Prescott, Arizona.
Property Details
Property Features
Listing Office:
Office Name: Launch Powered By Compass
Office Phone: (480) 776-1555
Listing Agent: Chad M Schreiner, Nicole Cundiff
Lot Features
Lot Information:
Lot: Cul-De-Sac
Lot Size: 18.70 Acres
Other
Directions Information:
Directions: Willow Creek, East On Rosser, Right On Terrace View To Cul-de-sac And Gate. Or Highway 89, West On Rosser, Left On Terrace View
Price Information
Listing Price Info
Price Summary:
List Price: $3,950,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Prescott, AZ.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$19.7K
Per Month
Principal & Interest
$19.7K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$11.9K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Taylor Hicks School
1845 Campbell Ave
Distance between this listing and this school0.60 miles
Public District Grades KG-5
10
/10
Abia Judd Elementary School
1749 N Williamson Valley Rd
Distance between this listing and this school1.84 miles
Public District Grades KG-5
4
/10
Lincoln Elementary School
201 Park Ave
Distance between this listing and this school1.86 miles
Public District Grades KG-5
Nearby Schools
6
/10
Granite Mountain Middle School
1800 N Williamson Valley Rd
Distance between this listing and this school1.79 miles
Public District Grades 6-8
6
/10
Prescott Mile High Middle School
300 S Granite St
Distance between this listing and this school2.00 miles
Public District Grades 6-8
6
/10
Franklin Phonetic Primary School
6116 East Hwy 69
Distance between this listing and this school6.31 miles
Public Charter Grades KG-8
Nearby Schools
5
/10
Prescott High School
1050 Ruth St
Distance between this listing and this school0.68 miles
Public District Grades 8-12
3
/10
Northpoint Expeditionary Learning Academy
551 1st St
Distance between this listing and this school1.10 miles
Public Charter Grades 9-12
1
/10
Kestrel High School
325 N Washington Ave
Distance between this listing and this school1.40 miles
The neighbors living near this home have an average income of $63,737. The majority of Prescott, AZ residents have income between $35k-100k annually. Most families are married, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1302 Terrace View Dr Unit 3
What is the listing price of this property?
The listing price of 1302 Terrace View Dr Unit 3 property is $3,950,000.
What type of property is this?
The property 1302 Terrace View Dr Unit 3 is land located in Prescott, Arizona, 86301.
Is this property for sale now?
Active Listing: 1302 Terrace View Dr Unit 3 is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property 1302 Terrace View Dr Unit 3 is 18.70 acres.
Interested in 1302 Terrace View Dr Unit 3? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1302 Terrace View Dr Unit 3 in Prescott, AZ and zip code 86301. This home sits on a 18.70 acre lot. It has been listed on Rocket Homes since April 08, 2024 and is currently priced at $3,950,000.
Prescott, AZ housing market in March 2024 saw over 2 listings sold above listed price, more than 7 sold at listed price and over 18 sold below. The number of listings in Prescott, AZ increased by 14.6% between February 2024 and March 2024. In March 2024 median list price was $649,000 and the average listing age was 82 days.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
PGA/LPGA
PGA/LPGA
Skiing/snowboarding
Figure Skating
Stein Mart
BJs Wholesale Club
Kmart
Bob Evans
Panera
Cracker Barrel
Lincoln
Infiniti
Lexus
News/Talk/Information
Adult Hits
Oldies