105 Cultural Park Place $19,900,000

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    105 Cultural Park Place Sedona, AZ 86336

    • 40.90 Acres
    • Land
    • MLS# 6299112
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    Views: 27 Days On Site: 70

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    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
      • County Yavapai
      • Cross Street 89A, Cultural Park Pl, Arts Village Drive
      • Directions * 26.5 Miles From I-17 (Exit 260 West Camp Verde). * Take 89A & head East to Corner of Cultural Park Place (LEFT @ Light). Left at Arts Village Drive. Across From Yavapai College. Corners Marked.
      • Existing Land Use Other (See Rmks)
      • For Sale/Lease Sale
      • Marketing Name SEDONA CULTURAL PARK
      • New Financing Cash,Conventional
      • Presently Zoned Other (See Rmks),Recreational
      • Special Listing Conditions N/A
      • Subdivision M&B
      • Tax Year 2019
      • Taxes $59,038
      • Zoning N/A
    • Property Features
      • Apx. Total Acres 40.9
      • Elevation Source Topo Survey
      • Elevation 3,001 - 4,000 Ft,4,001 - 5,000 Ft
      • Legal Info: Lot Number -
      • Electric APS
      • Gas Other (See Rmks),Underground
      • Land Features Borders Pres/Pub Lnd,Corner Lot,Cul-De-Sac,North/South Exp,Other,See Remarks
      • Sewer No Sewer/Septic,Sewer - Public
      • Vegetation Natural Vegetation
      • Water Private Franchise
    • Schools
      • Elementary School Out of Maricopa Cnty
      • High School Out of Maricopa Cnty
      • Middle School Out of Maricopa Cnty
      • School District 000 - Out of Area

    Contact

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    Jim Adams

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    Direct: 520-918-3831

    Neighborhood

    86336 (Sedona) Demographics

    61 Median Age
    51 Population Density (per sq. mile)
    59% College Educated
    $60,386 Estimated Median Income
    4,874 Estimated Total Home Owners
    1,445 Estimated Total Renters
    77% / 23% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    11,595 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $842,000 Median Sales Price
    63 Homes Sold
    32 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $19,900,000
        11/3/2021 6:38:59 AM Status Changed Source: Multiple Listing Service New Value: Pending
        9/26/2021 7:39:00 PM New in Database Source: Multiple Listing Service New Value: $19,900,000

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        Copyright 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 12/5/2021 1:56:30 AM. The ARMLS logo indicates a property listed by a real estate brokerage other than Long Realty.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.