0 Lem Dr Sedona, AZ 86336

This exceptional 3.67-acre property in Sedona, Arizona, boasts breathtaking 360-degree red rock panoramic views. Located on a ridge top, this gated community offers unparalleled privacy and convenience, with walking distance to shops and dining. The RS-10A zoning permits potential subdivision into up to 15 lots, making it ideal for a vacation rental community, assisted living facility, or a mix of both. Engineering is complete, including a gated road and underground utilities to each potential lot. A recent appraisal valued the property at $3,125,000 after improvements. The property includes APN 408-28-008 and is situated in Coconino County, zip code 86336. Buyers can build metal and glass homes, potentially reducing construction time. Access to a proposed city walking path and nearby recreational rentals is also available. This is the lowest-priced platted acreage currently available in Sedona. The property can be purchased individually or as part of a larger bulk sale including two other Sedona projects totaling 18 acres and 25 parcels. Seller financing may be available.