0 N State Route 89, -, Chino Valley, AZ 86323 (MLS# 6759381)

0 N State Route 89, -, Chino Valley, AZ 86323

$37,000,000
Property Type: Land and Lots Lot Size (sq. ft.): 16,268,671 Status: Active
Current Price: $37,000,000 List Date: 9/19/2024 Last Modified: 12/03/2024

Description

+/-2,036 acres adjacent to Arizona's Newest State Park! Del Rio Springs is a unique offering of prime development land. Historically enriched with ambiance of western settlements & natural beauty, Del Rio Springs will give rise to an authentic & unmatched new community with a new state park underway next door as a natural amenity. The town's new General Plan will allow for various lot sizes and a total allowed residential density of 1,188 units, along with some additional commercial use. The investment highlights include a significant water portfolio that may be used for residential development in the AMA. The terrain is rural with natural vegetation, grasslands & rolling hills offering spectacular views. Current ranching operations require permission to enter the property.

Supplements: HISTORY Del Rio Springs is part of Arizona's rich history conveniently located adjacent to SR-89, between Road 5 North and Bethany Lane in Chino Valley, Yavapai County, Arizona. It is the location of the original Camp Whipple established in December 1863. From January to May 1864, the site of the first Territorial Capital of Arizona was established at Del Rio Springs, operating from tents and log cabins until being moved later that year to Prescott. In 1895 a narrow-gauge branch of the United Verde and Pacific Railroad was competed, and Jerome Junction was established just south of Del Rio Springs. In 1909 AT & SF Railroad, in conjunction with the Fred Harvey organization purchased this ranch to supply all the milk and eggs to the western division of the Harvey Restaurant operations and provide wintering grounds for the famous Grand Canyon mules that took wide-eyed tourists down Bright Angel Trail. AREA " At an elevation of 4,656 and only 20 minutes from Prescott, the Town of Chino Valley offers four mild seasons and ample opportunities to enjoy the fresh air and sunshine. Shopping, restaurants, golfing and entertainment are available locally or in the neighboring communities of Prescott and Prescott Valley. " Outdoor enthusiasts can enjoy the natural and rural beauty that the Del Rio Springs community will offer or set out to explore the many nearby natural hikes, trails and hills located in the Prescott National Forest, Granite Mountain Wilderness Area, or nearby rivers and lakes. " The Verde River Headwaters State Park, an approximate 1,000-acre site currently in the planning stages for development, will be located on the east side of SR-89 directly across from the property. This new State Park will be used for historic protection and interpretation, outdoor recreation, and perseveration of the natural resources on the site. It will become an incredible natural amenity to the Del Rio Springs community. A copy of the proposed master plan for the Verde River Headwaters State Park is included on pages 14 and 15 of this brochure. " The Peavine National Recreation Trail is a beautiful trail that follows the former Santa Fe, Prescott & Phoenix Railway corridor that fed into Prescott. It is popular for hiking, mountain biking, horseback riding, and running as it traverses through the Watson Woods Riparian Preserve, winds under a canopy of trees near Granite Creek, curves around Watson Lake, and passes through the massive mounds of weather-beaten rock in the Granite Dells. With the creation of the Verde River Headwater State Park, additional portions of the Peavine Trail will be improved along the former rail bed just east of the Del Rio Springs property, eventually connecting the trail from Prescott to the Headwaters of the Verde River

More Information MLS# 6759381

Contract Information

Current Price: $37,000,000 List Price: $37,000,000 Status: Active List Date: 2024-09-19 For Sale or Lease?: Sale Type: ER

Location Tax Legal

Compass: N Street Name: State Route 89 St Suffix: -- City/Town Code: Chino Valley State/Province: AZ Zip Code: 86323 Country: USA County Code: Yavapai Assessor Number: 306-40-038-A Subdivision: Additional parcels listed in Office Remarks Tax Year: 2024

General Property Description

Apx Total Acres: 2036 Apx Total Acres G/N: G Price Per Acre: 18172.89 # Lots in Listing: 9 # Units Allowed: 1188 Apx SqFt: 16268671 Price Per SqFt: 2.27 Apx SqFt G/N: G Lot Size Dimensions: TBD Horses: Y Zoning: PAD Flood Zone: Yes

Remarks Misc

Cross Street: SR-89 & Road 5 North Directions: Property is located adjacent to Hwy 89 between Road 5 North and Bethany Lane in Chino Valley, primarily on the west side of 89 with additional parcels on the east side at the north & south boundaries Geo Lat: 34.80524 Geo Lon: -112.451662

Status Change Info

Status Change Date: 2024-09-19

Legal Info

Township: 17N Range: 02W Section: 27, 28, 33 & 34 Lot Number: -

Showing Notification Methods

Showing Service: No Showing Service Used

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Acreage; Commercial Acreage; Ranch; Other (See Rmks) Zoned Presently: Existing P.A.D. Potential Use: Single Family; Multi-Family; Commercial; Ranch; P.A.D.; Recreational; Rural; See Remarks Parcel Size: Over 1,280 Acres Current Density: Other (See Rmks) Proposed Density: Other (See Rmks) Development Status: Raw Land; See Remarks Land Features: Dual Street Ftg; Mountain View(s); Adjacent to Wash; Border Common Area; Borders Pres/Pub Lnd; Other; See Remarks Vegetation: Natural Vegetation; Treed; Meadow/Range Grs Land Configuration: Irregular Shape Road Responsibility: City Maintained Road; County Maintained Road Topography: Level; Gentle Sloping; Rolling; Existing Wash(s); Other (See Rmks) Existing Structures: None Water: Wtr Rghts Grndfthrd; See Remarks Sewer: No Sewer/Septic Electric: APS Gas: None Distance to Cable: None Distance to Phone: None Distance to Water: None Distance to Electric: On Property Distance to Gas: None Distance to Sewer: Call Listing Office Existing 1st Loan: Treat as Free&Clear New Financing: Cash Special: Incorporated Area Use Restrictions: Designated Flood Pln Environmental: None Showing Notification Methods: Email; Phone Call Lockbox Type: None Fencing: Wire
Listing Office: Land Advisors Organization
Last Updated: December - 03 - 2024
0 N State Route 89, -, Chino Valley, AZ 86323- MLS# 6759381
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