105 Cultural Park Place, -, Sedona, AZ 86336 (MLS# 6492478)

105 Cultural Park Place, -, Sedona, AZ 86336

$20,000,000
Property Type: Land Lot Size (sq. ft.): 1,785,960 Status: Closed
Current Price: $20,000,000 List Date: 11/30/2022 Last Modified: 4/26/2025

Description

Sedona's Cultural Park consists of approximately 41 acres - truly the gateway into Sedona off interstate 89A. Two appraisals completed in 2022 to validate list price. The Cultural Park is the last & largest undeveloped properties left in and around Sedona offering unparalleled red rock vistas, Mogollon Rim views, with US Forest Service on the west and north side of property boundaries. The property is accessed from Highway 89A & Cultural Park Place. The City of Sedona has already approved uses for the Cultural Park such as multi-family housing, commercial & lodging, wellness, center of innovation, conference center, food services, retail, welcome center, and other commercial uses. City of Sedona must approve any development - there is no current zoning for the famous Cultural Park.

More Information MLS# 6492478

Contract Information

Type: Exclusive Agency For Sale or Lease?: Sale Current Price: $20,000,000 Sold Price: $20,000,000 Status: Closed List Date: 2022-10-25

Location, Tax & Legal

Lot #: - Assessor's Map #: 47 Legal Description (Abbrev): AN IRREGULAR METES AND BOUNDS PORTION OF THE SE4. NE PARCEL CORNE R APPROX 682 FT SOUTH & 400 FT WES Assessor's Parcel #: 9 Assessor Parcel Ltr: B Add'l Parcels: Yes Tax Municipality: Yavapai - COUNTY Taxes: 59038 Marketing Name: SEDONA CULTURAL PARK Map Code/Grid: C82 House Number: 105 Street Name: Cultural Park St Suffix: Place City/Town Code: Sedona State/Province: AZ Zip Code: 86336 County Code: Yavapai Assessor Number: 408-47-009-B Subdivision: M&B Tax Year: 2019

General Property Description

Apx Total Acres: 40.9 Apx Total Acres G/N: G Price Per Acre: 486552.57 Apx SqFt: 1785960 Price Per SqFt: 11.14 Apx SqFt G/N: G Lot Size Dimensions: MULTIPLE PARCELS-SEE SURVEY Horses: Y Elementary School: Out of Maricopa Cnty Jr. High School: Out of Maricopa Cnty High School: Out of Maricopa Cnty Zoning: N/A

Legal Info

Range: 05E Section: 16 Township: 17N Lot Number: -

Special Listing Cond

N/A: 1

Pmt & Rate Info

Equity: 19900000 Total Owed: 0

Assoc/Prop Info

HOA Y/N: N PAD Fee Y/N: N Assessed Balance: 0 HOA 2 Y/N: N

Showing Notification Methods

Phone Call: 1

Existing Land Use

Other (See Rmks): 1

Zoned Presently

Recreational: 1 Other (See Rmks): 1

Parcel Size

40.00 - 79.99 Acres: 1

Proposed Density

16 - 20 Units P/Acre: 1

Development Status

Plans Available: 1 Plans Included: 1 Other: 1 See Remarks: 1

Land Features

Cul-De-Sac: 1 Corner Lot: 1 North/South Exp: 1 Borders Pres/Pub Lnd: 1 Other: 1 See Remarks: 1

Elevation

3,001 - 4,000 Ft: 1 4,001 - 5,000 Ft: 1

Elevation Source

Topo Survey: 1

Vegetation

Natural Vegetation: 1

Land Configuration

Other (See Rmks): 1

Roads/Streets

Gravel: 1 Dirt: 1 Asphalt: 1 Private Street: 1

Traffic Count

15,001 to 25,000: 1

Water Source

Private: 1

Freeway/Highway

Frontage: 1

Sewer

Sewer - Public: 1 No Sewer/Septic: 1

Electric

APS: 1

Topography

Level: 1 Gentle Sloping: 1 Hillside: 1 Rolling: 1

Gas

Underground: 1 Other (See Rmks): 1

Existing Structures

Park Model(s): 1 Other: 1 See Remarks: 1

Distance to Cable

Under 350 Feet: 1

New Financing

Cash: 1 Conventional: 1

Distance to Phone

Under 350 Feet: 1

Distance to Water

On Property: 1

Existing 1st Loan

Treat as Free&Clear: 1

Distance to Electric

On Property: 1

Existing 1st Ln Type

Not Applicable: 1

Distance to Gas

Under 350 Feet: 1

Existing 1st Ln Trms

Not Applicable: 1

Distance to Sewer

Under 350 Feet: 1

Existing 2nd Loan

Treat as Free&Clear: 1

Existing 2nd Ln Type

Not Applicable: 1

Existing 2nd Ln Trms

Not Applicable: 1

Existing 3rd Loan

Treat as Free&Clear: 1

Existing 3rd Ln Type

Not Applicable: 1

Reports/Disclosures

Seller Prop Disc Stm: 1 ALTA Survey Alba: 1 Development Pln Aval: 1 Other (See Rmks): 1

Existing 3rd Ln Trms

Not Applicable: 1

Environmental

Phase I Available: 1

Existing Other Loan

Not Applicable: 1

Sold Info

Loan Type: Cash Closing Cost Split: Normal - N Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

Remarks Misc

Cross Street: 89A, Cultural Park Pl, Arts Village Drive Directions: 26.5 Miles From I-17 (Exit 260 West Camp Verde). Take 89A & head East to Corner of Cultural Park Place (LEFT @ Light). Left at Arts Village Drive. Across From Yavapai College. Geo Lat: 34.851021 Geo Lon: -111.831421

Status Change Info

Off Market Date: 2022-12-01 Under Contract Date: 2022-12-01 Close of Escrow Date: 2022-12-08 Sold Price: $20,000,000

Property Features

Special Listing Cond: N/A Existing Land Use: Other (See Rmks) Zoned Presently: Recreational; Other (See Rmks) Parcel Size: 40.00 - 79.99 Acres Proposed Density: 16 - 20 Units P/Acre Development Status: Plans Available; Plans Included; Other; See Remarks Land Features: Cul-De-Sac; Corner Lot; North/South Exp; Borders Pres/Pub Lnd; Other; See Remarks Elevation: 3,001 - 4,000 Ft; 4,001 - 5,000 Ft Elevation Source: Topo Survey Vegetation: Natural Vegetation Land Configuration: Other (See Rmks) Traffic Count: 15,001 to 25,000 Topography: Level; Gentle Sloping; Hillside; Rolling Existing Structures: Park Model(s); Other; See Remarks Water Source: Private Sewer: Sewer - Public; No Sewer/Septic Electric: APS Gas: Underground; Other (See Rmks) Distance to Cable: Under 350 Feet Distance to Phone: Under 350 Feet Distance to Water: On Property Distance to Electric: On Property Distance to Gas: Under 350 Feet Distance to Sewer: Under 350 Feet Existing 1st Loan: Treat as Free&Clear Existing 1st Ln Type: Not Applicable Existing 1st Ln Trms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Ln Type: Not Applicable Existing 2nd Ln Trms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Ln Type: Not Applicable Existing 3rd Ln Trms: Not Applicable Existing Other Loan: Not Applicable New Financing: Cash; Conventional Environmental: Phase I Available Showing Notification Methods: Phone Call
Listing Office: Russ Lyon Sotheby's International Realty
Last Updated: April - 26 - 2025
105 Cultural Park Place, -, Sedona, AZ 86336- MLS# 6492478
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