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 Preserve/Public Land: 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
Road Access Type
Private Road: 1
Road Surface Type
Gravel: 1 Dirt: 1 Asphalt: 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 Loan Type
Not Applicable: 1
Distance to Gas
Under 350 Feet: 1
Existing 1st Loan Terms
Not Applicable: 1
Distance to Sewer
Under 350 Feet: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan 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 Loan Terms
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 Preserve/Public Land; 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) Road Access Type: Private Road Road Surface Type: Gravel; Dirt; Asphalt 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 Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: 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
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