1302 Terrace View Drive, Prescott, AZ 86301

$3,750,000
Property Type: Residential Bedrooms: 6 Baths: 3 Square Footage: 6,999 Lot Size (sq. ft.): 644,771 Status: Active
Current Price: $3,750,000 Last Modified: 8/11/2026

Overview

Description

Discover a rare opportunity to own a truly exceptional property in a highly desirable location adjacent to Prescott Lakes. Zoned SF-9, this expansive 18+ acre offering consists of three parcels w/ gently rolling topography & breathtaking views overlooking downtown Prescott. This unique homestead presents incredible potential for investors, developers, or those seeking a private estate. Whether you choose to revitalize the existing structures or envision a new subdivision, the possibilities are extensive. The main residence spans 4,618 sq. ft & features 6 bed, 3 bath, including an upper-level suite complete w/ a kitchenette, ideal for multi-generational living or guest accommodations. An additional 2,381 sq. ft. outbuilding includes 3 apartment units and caretaker's residence.

Supplements: While currently in need of restoration, the structure offers solid foundational elements, w/ existing electricity, plumbing, & septic systems already in place, making it a prime candidate for redevelopment into rental units, guest quarters, or a future community clubhouse. Property has two existing wells w/ 2 ponds that could be restored or re-de ...

Listing Details MLS# 7017602

Location, Tax & Legal

House Number
1302
Street Name
Terrace View
St Suffix
Drive
City/Town Code
Prescott
State/Province
AZ
Zip Code
86301
Zip4
1553
Country
US
County Code
Yavapai
Assessor Number
116-18-083
Subdivision
WINN
Tax Year
2025

Contract Information

Type
Exclusive Right To Sell
Ownership
Fee Simple
Co-Ownership (Fractional) Agreement YN
No

General Property Description

Dwelling Type
Single Family Residence
Dwelling Styles
Detached
Exterior Stories
Yes
# of Interior Levels
2
# Bedrooms
6
Full Bathrooms
3
Total Bathrooms
3
Approx SQFT
6999
Price/SqFt
535.79
Guest House SqFt
2381
Horses
Y
Builder Name
custom
Year Built
1978
Approx Lot SqFt
644771
Approx Lot Acres
14.802
Flood Zone
No
Community Pool Y/N
No
Private Pool Y/N
No
Fireplace YN
Yes
Fireplaces Total
Yes
Marketing Name
Development Opportunity!
Elementary School District
Prescott Unified District
High School District
Prescott Unified District
Elementary School
Taylor Hicks School
Jr. High School
Granite Mountain Middle School
High School
Prescott High School

Remarks Misc

Cross Street
Willow Creek & Rosser
Directions
Turn on Terrace view off Rosser. Follow Terrace View to end of cul-de-sac. Property is beyond the private gate. Please call LA for access.

Legal Info

Township
14N
Range
2W
Section
28
Lot Number
3

Basement

Basement Y/N
N

More Information

Parking Spaces

Slab Parking Spaces
3

Showing Notification Methods

Showing Service
No Showing Service Used

Contact Info

List Agent Home Phn
928-830-8263

DPR Eligible

DPR Eligible
No

Property Features

Special Listing Cond: N/A Add'l Property Use: Other Architecture: Ranch View: City Lights; Mountain(s) Master Bathroom: 3/4 Bath Master Bdrm; Full Bth Master Bdrm; Private Toilet Room; 2 Master Baths; Other (See Remarks) Master Bedroom: Split; Upstairs; Downstairs Additional Bedroom: Other Bedroom Split; 2 Master Bedrooms; Master Bedroom Walk-in Closet; Master Bedroom Sitting Room Fireplace Features: Fireplace Living Rm Flooring: Vinyl Spa: None Dining Area: Formal Kitchen Features: 220 Volts in Kitchen; Dishwasher; Refrigerator; Walk-in Pantry; Granite Counters Laundry: Washer Included; Dryer Included; Inside Other Rooms: Family Room; Guest Qtrs-Sep Entrn Technology: High Speed Internet Other Structures: Workshop Parking Features: Circular Driveway; Gated; RV Access/Parking; Separate Strge Area Road Access Type: City Street Road Surface Type: Asphalt; Dirt Road Responsibility: City Maintained Road; Private Maintained Road Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Composition Cooling: Central Air; Ceiling Fan(s); Programmable Thmstat Plumbing: Electric Hot Wtr Htr Utilities: APS; City Gas; Oth Gas (See Rmrks) Water Source: Private Well Sewer: Septic Tank Services: City Services Fencing: Perimeter; Wire Property Description: Hillside Lot; Cul-De-Sac Lot; North/South Exposure; East/West Exposure; Street(s) Not Paved Landscaping: Dirt Front; Dirt Back; Natural Desert Front; Natural Desert Back Horse Features: Barn; See Remarks Showing Notification Methods: Text; Phone Call Lockbox Type: None Possession: Close of Escrow Unit Style: Two Levels Association Fee Incl: No Fees Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional; 1031 Exchange Disclosures: Well Disclosure; Other (See Remarks)
IDX
Listing Office: Compass
Last Updated: August - 11 - 2026
Broker Attribution: nancy.read@compass.com

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