Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Sedona Land with Red Rock Views Title is generated by Realmo AI

    35 SANDSTONE Drive, Sedona, AZ 86336

    View on Map
    Claim this Listing
    For Sale
    $189,000

    LAND - Sedona, AZ

    Lot size:
    0.20 Acres
    Added:
    Mar 8, 2026
    Days on Market:
    74
    Last Refresh:
    May 21 at 8:06 am

    Property Features for 35 SANDSTONE Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    PUD
    Standard status
    Active
    APN
    408-48-040
    Lot size
    0.20 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOT 40 THUNDER MOUNTAIN RANCH BOOK 32 PAGE 49
    Tax Annual Amount
    1830

    Utilities

    Water source
    Private

    We can help!

    Listing Contact
    Nisreen Hawley
    Nisreen Hawley

    Listing agent Nisreen Hawley License #SA516853000

    Listing office Berkshire Hathaway HomeServices Arizona Properties 671 Highway 179-B-CT1, AZ

    Listing date Mar 8, 2026

    MLS# 6995455 Listing URL

    Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Lowest‑priced homesite in the subdivision.
    • Iconic Red Rock vistas to the north.
    • Sweeping, unobstructed panoramic views.
    • Immediate access to World‑Class hiking and mountain biking trails.
    • Close proximity to Sedona's dining, galleries, and boutiques.
    • Access to National Forest land.

    Overview

    This 0.1983-acre homesite in Sedona, Arizona, offers views of the surrounding landscape. The property is located in Yavapai County. It provides immediate access to hiking and mountain biking trails and National Forest land, while remaining close to dining, galleries, and boutiques. The property is zoned PUD.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Storage Facility Parking Lot & Garage Restaurant Real Estate Agency

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sedona
    County
    Coconino
    State
    Arizona
    Longitude
    -111.812318
    Latitude
    34.865468

    Nearby Similar for Sale

    • $350,000

      Sedona Land with Red Rock Views

      2.13-acre homesite in a breathtaking Sedona setting.
      520 Back O Beyond Road, Sedona, AZ 86336
      View Details
    • $319,999

      Sedona Land with Approved Permits

      Oversized lot in Village of Oak Creek with permits.
      15 ALTA VISTA Drive, Sedona, AZ 86351
      View Details
    • $460,000

      Sedona Homesite with Creek Access

      1.38-acre homesite with red rock views and creek access.
      110 Creek Mesa Drive, Sedona, AZ 86336
      View Details
    • $395,000

      Sedona Homesite with Creek Access

      2.03-acre homesite in Cross Creek Ranch community with creek access.
      40 Amber Cliffs Way, Sedona, AZ 86336
      View Details
    • $275,000

      Sedona Land with Red Rock Views

      Pristine 1.01-acre parcel with panoramic red rock views.
      50 FOREST Lane, Sedona, AZ 86336
      View Details
    • $320,000

      Sedona Land with Red Rock Views

      Residential land in private community with scenic views near downtown.
      365 OAK CREEK CLIFFS Drive, Sedona, AZ 86336
      View Details
    • $2,200,000

      Sedona Fourplex with Expansion Potential

      Turnkey Sedona fourplex in Uptown with expansion and STR potential.
      615 JORDAN Road, Sedona, AZ 86336
      View Details
    • $399,999

      Sedona Land with Red Rock Views

      Residential land with potential for short-term rental in Sedona.
      38 Fawn Spur, Sedona, AZ 86336
      View Details
    • $399,000

      Sedona Land with Cathedral Rock Views

      Premium homesite with breathtaking, unobstructed views of Cathedral Rock.
      500 BACK O BEYOND Road, Sedona, AZ 86336
      View Details
    • $1,649,000

      Sedona Homesite Bordered by Forest

      Rare 2.44-acre residential lot in West Sedona with red rock views.
      815 AIRPORT Road, Sedona, AZ 86336
      View Details
    • $595,000

      Sedona Homesite with Red Rock Views

      Luxury homesite in Sedona with panoramic red rock views.
      9 Sky Ridge Court, Sedona, AZ 86336
      View Details
    • $175,000

      Sedona Land in Les Springs

      Exceptional lot in Sedona's desirable Les Springs community.
      69 Les Springs Drive, Sedona, AZ 86336
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Homesite with iconic views, close to hiking, dining, and galleries.
    Where is this residential land & home lot located?
    The property is located at 35 SANDSTONE Drive Sedona, AZ.
    What is the asking price?
    The asking price for this property is $189,000.
    What are key features of this property?
    This property features: Lowest‑priced homesite in the subdivision.; Iconic Red Rock vistas to the north.; Sweeping, unobstructed panoramic views.
    (928) 399-9140
    We can help!
    Listing Contact
    Nisreen Hawley
    Nisreen Hawley
    Real Estate License ID: SA516853000
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    35 SANDSTONE Drive, Sedona, AZ 86336
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!