




Courtesy of Compass, Nancy Read Listing Contact: [email protected]
6 Beds
3 Baths
6,999 sqft
$3,750,000
1302 Terrace View Drive, Prescott AZ, 86301
Price per sqft$535.79
Built in1978
Property size6,999 sqft
Property typeResidential
Overview
Active
Listed Apr 22, 2026
Updated 8 days ago
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. 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-designed. With its combination of size, zoning, location, & panoramic views, this property represents a rare & versatile investment opportunity in the heart of Prescott.
Sale includes additional parcels include 116-18-066E and 116-18-080
Additional information
- MLS® ID
- 7017602
Interior Features
- Bedrooms
- 6
- Bathrooms
- 3
- Fireplace
- Yes
- Cooling
- Yes
- Heating
- Yes
- Basement
- No
Exterior Features
- Lot Size
- 14.8 Acres
Other Property Details
- Taxes
- $5,380
- Tax Frequency
- Annually
- View
- Yes
- Municipality
- 14N
Courtesy of Compass, Nancy Read
Listing Contact: [email protected]
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Data Last Updated: 4:51 AM UTC, 10/26/2026.