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Multi-Unit Residential Development Lot
For Sale
$1,690,000

831 Sunset Avenue, Prescott, AZ 86305

One 2-acre lot planned for 32 gated condo residences with private courtyards, heated pool, and outdoor kitchens.

Property Size87,120 SF
Lot Size2.00 Acres
Price / SF$19.40
Days on Market494

Property Features for 831 Sunset Avenue

General Information

Standard status Active
Size 87,120 SF
Lot size 2.00 Acres
Property subtype Land
Zoning 14N-2W-32

Additional Details

Fenced Yard Yes
Multifamily Units 32

Taxes and HOA fees

Annual Taxes $3,208

Amenities

heated pool
outdoor kitchens
private courtyard
gated community

Building Details

Tenancy Multi
Listing Agency: My Home Group
Listed By: Sage Rotvold · License #SA649285000
Source: Compass
Added: Apr 3, 2025 Changed: Aug 8 Last Checked: Mar 25 at 4:32PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of My Home Group

Investment Insights

Based on property information with market context.

This offering presents a development lot at 831 Sunset Avenue for Sunset Courtyard Apartments, with plans already prepared and approved by the city for 32 luxury condos. The concept is a gated community, with each unit designed to include a private courtyard. The site is planned to include a heated pool and outdoor kitchens as shared amenities.

The property is described as being in the heart of Prescott, next door to the Rodeo grounds and only minutes from Whiskey Row.

According to the provided information, this complex is ready to break ground, pending the next steps from the project team.

Key Highlights

  • Planned 2‑acre lot in the heart of Prescott for 32 gated condo residences
  • Rodeo grounds next door and minutes to Whiskey Row
  • Plans have been done and approved by the city; complex is ready to break ground

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Grocery & Convenience Store Catering Service Daycare Center Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

32
Residential units
Multi-tenant
Tenancy
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

1,479
Businesses Nearby

Demographics for 86305, AZ

19,555
Population
10,920
Households
1.8
Avg Household Size
62
Median Age
47%
College-Educated
97%
High-School Grad
588.5 sq mi
ZIP Area
33
Density / Sq Mi
$78,802
Median Household Income
$37,630
Median Earnings
$1,132
Median Rent
$627,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - One 2-acre lot planned for 32 gated condo residences with private courtyards, heated pool, and outdoor kitchens.
Where is this residential land & home lot located?
The property is located at 831 Sunset Avenue Prescott, AZ.
What is the asking price?
The asking price for this property is $1,690,000.
What are key features of this property?
This property features: Planned 2‑acre lot in the heart of Prescott for 32 gated condo residences; Rodeo grounds next door and minutes to Whiskey Row; Plans have been done and approved by the city; complex is ready to break ground
More about this property
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