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    Lakeshore Dr Prescott Valley, AZ 86314

    Pending
    For Sale
    $675,000

    LAND - Prescott Valley, AZ

    Lot size:
    3.01 Acres
    Days on Market:
    33
    Last Refresh:
    Dec 14 at 2:06 am

    Property Features for Lakeshore Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    MF
    APN
    2729
    Lot size
    3.01 Acres

    Utilities

    Utilities
    Phone Available
    Water source
    Public

    Prescott Luxury Realty & Investments (928) 830-1733

    Listing agent Kell Palguta (928) 533-5979

    Listing date Nov 12, 2025

    Copyright © 2025 Prescott Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prescott Valley Multifamily Development Land

    This 3.01-acre land parcel, located in Prescott Valley, Arizona, is zoned R2-3, making it suitable for a multi-family development project. Permitted uses include apartments, townhomes, condominiums, assisted living facilities, nursing homes, and low-income housing. The site is currently approved for 43 multi-family apartment units by the Town of Prescott Valley. An existing Development Agreement with the Town of Prescott Valley provides for underground utility lines to the site for water, cable, telephone, and sewer. A site plan is available. The property is situated next to Mountain Valley Park and Lake, offering a desirable setting and is centrally located within the town.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Prescott Valley
    County
    Yavapai
    State
    Arizona
    Longitude
    -112.314765
    Latitude
    34.603482

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    FAQs

    What type of property is this?
    Land - 3.01 acres zoned for multifamily development in Prescott Valley, AZ.
    Where is this land located?
    The property is located at Lakeshore Dr Prescott Valley, AZ.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: - Zoned R2-3, ideal for apartments, townhomes, or assisted living facilities.; - Approved for 43 multi-family apartment units.; - Development Agreement in place for underground utilities: water, cable, telephone, and sewer.
    (928) 533-5979
    Request Owner's contact information
    Lakeshore Dr Prescott Valley, AZ 86314
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    Realmo Value Estimation

    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.

    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.

    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
    Lakeshore Dr Prescott Valley, AZ 86314
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