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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 ... (Read more)

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)

Listing Office: Compass

Last Updated: August - 11 - 2026

Broker Attribution: nancy.read@compass.com