105 Cultural Park Place $19,900,000

    Close

    105 Cultural Park Place Sedona, AZ 86336

    • 41.00 Acres
    • Land
    MLS# 521657 | Active
    Days On Market: 23 45 Views
    Add to Favorites Share

    Go Tour This Home

    Schedule A Showing

    Property Details

    Sedona's Cultural Park & Commercial Office Building For Sale In Sedona! Video of property can be viewed in Video/ Photo section of MLS listing. The Cultural Park consists of approximately 40.9 acres. This premier location of the Cultural Park is truly the Gateway into West Sedona. The Cultural Park is the last & largest undeveloped properties left in and around Sedona offering unparalleled Red Rock Vistas, Mogollon Rim views, with US Forest Service on the west and north property boundaries. The property is accessed from Highway 89A & Cultural Park Place. The City of Sedona has already approved uses for the Cultural Park such as multi-family housing, commercial & lodging, wellness, center of innovation, conference center, food services, retail, welcome center, and other commercial uses... A book of approved uses by the City and it's residents are outlined in the WESTERN GATEWAY COMMUNITY FOCUS AREA PLAN and can be provided upon request. A copy can be provided to an interested purchaser. Approved and recommended uses include: Housing: a diversity of housing types, incorporating both ownership and rentals with sizes & price ranges to meet the needs of seniors, singles, workforce, and others who want alternatives to a detached single-family house, including but not limited to mixed use, live/work, and multi-family options. Flexibility in development standards, such as density, height, lot coverage, and parking should be provided where view corridors and adjacent neighbors are not impacted. The community plan supports housing densities higher than the 12 units per acre if supported through the City Focus Area Planning process. Benefits of multi-family housing: Provides a variety of choices for people whose needs vary because of age, mobility, and lifestyle. Require less land area, it is an efficient use of land by concentrating homes in a compact area. Allows for convenient access to shops, restaurants, and transit. Allows for more residents who can support local businesses and contribute to creating dynamic public spaces. 40.1 ACRES OF VACANT LAND AT CULTURAL PARK: Includes Unpaved Parking Lots; Georgia Frontiere Performing Arts Pavilion, Stage & 5,500 Seats; Maintenance Warehouse. Alta & Topographic Survey's and Phase 1 available upon request. COMMERCIAL BUILDING: Address: 15 Cultural Park Place is SOLD SEPARATELY - LISTED AT $1,750,000. This two-story commercial office building, Zoning C-1 offers 5,797 square foot with three office suites. Suites 1 & 2 are on the top level and are of 2,016 SqFt and 2,479 SqFt , respectively, and Suite 3 is on the main floor and is 401 SF. There are men and woman bathrooms. There is also a 4,448 Square Foot covered parking structure with 18 parking spots. The commercial building includes .598 acres of land. The building is listed for: $1,750,000. At the intersection of 89a, there is a Courtyard by Marriott, a Residence Inn by Marriott under construction, Yavapai College, Sedona Red Rock High School and The Sedona Performing Arts Center. Documents include Environmental Report, Alta Survey & Topographic Survey, Parcels Included with Legal Descriptions, County Map of Property, and the Western Gateway Community Focus Area Plan (an example of future development supported and encouraged by the City of Sedona). The commercial building at 15 Cultural Park Place, Parcel 408-11-176A, is located at the main entry to the Cultural Park at the intersection of West Sedona Route 89A and Cultural Park Place. At the intersection of 89A, there is a Marriott Courtyard and Residence Inn (being built), Yavapai College, Sedona Red Rock High School & the Sedona Performing Arts Center, and Diamond Resort Timeshare.

    • General Features
      • Topography Level, Sloped Gentle, Rolling, Hillside, Hilltop, Plateau
      • Views Mountains, Red Rocks/Boulders, Panoramic
      • Terms Available Cash, Cash to New Loan
      • Tax Year 2019
      • Sub Type Multi-Residential
      • Road Maintenance City Maintained, Privately Maintained
      • Road Access City, Private, Dirt, Gravel, Paved
      • Pet Privileges Horses, Domestics
      • Location View, Borders Nat'l Forest, Corner, Red Rock, Trees
      • Listing Office Name Russ Lyon Sotheby's Intl Rlty
      • Listing Date 2019-11-16
      • Irrigation None
      • Flood Zone Verify, Zone X
      • Subdivision 5 Acres or More
      • County Yavapai
      • City Town Code Sedona
      • Association Fees None
      • Area 43 - RR Loop/Outlying
      • Amount of Taxes 59038.00
    • Building Features
      • Utilities Installed Electricity, Private Water Co, Underground Util's
      • Utilities Available Cable TV, 220, Sewer (City), Electricity, Private Water, Telephone
      • Buildings Other - See Remarks
      • Fence None
      • Special Conditions N/A
    • Property Features
      • Lot Size Source County Assessor
      • Acres 41.00

    Contact

    Susan Dodson

    REALTOR®

    Oro Valley - Tucson

    Direct: 520-405-6155

    Neighborhood

    86336 (Sedona) Demographics

    59Median Age
    51Population Density (per sq. mile)
    55%College Educated
    $56,294 Estimated Median Income
    4,176Estimated Total Home Owners
    1,628Estimated Total Renters
    72% / 28%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    11,421Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $547,500 Median Sales Price
    34 Homes Sold
    30 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $19,900,000
        11/16/2019 1:38:00 PM New in Database Source

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        *This Payment Calculator is intended for educational and planning purposes only.
        Information is provided in part by the IDX program of the Sedona Association of REALTORS® MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified.