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1302 Terrace View Drive
Prescott AZ 86301 US

$3,750,000

Active Listing ID 7017602
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6 bed
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3.00 Bath (3 Full)
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Lot: 14.80 Acres
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Single Family Residence

$3,750,000

Active Listing ID 7017602
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1302 Terrace View Drive Discover a rare opportunity to own a truly exceptional property in a highly desirable location adjacent to Prescott Lakes. Zoned SF-9, this expansive 18+ acre offering consists of three parcels w/ gently rolling topography & breathtaking views overlooking downtown Prescott. This unique homestead presents incredible potential for investors, developers, or those seeking a private estate. Whether you choose to revitalize the existing structures or envision a new subdivision, the possibilities are extensive. The main residence spans 4, 618 sq. ft & features 6 bed, 3 bath, including an upper-level suite complete w/ a kitchenette, ideal for multi-generational living or guest accommodations. An additional 2, 381 sq. ft. outbuilding includes 3 apartment units and caretaker's residence. While currently in need of restoration, the structure offers solid foundational elements, w/ existing electricity, plumbing, & septic systems already in place, making it a prime candidate for redevelopment into rental units, guest quarters, or a future community clubhouse. Property has two existing wells w/ 2 ponds that could be restored or re-designed. With its combination of size, zoning, location, & panoramic views, this property represents a rare & versatile investment opportunity in the heart of Prescott. Sale includes additional parcels include 116-18-066E and 116-18-080

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Property Features

  • Facts
  • Lot Size: 14.80 Acres
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 3
  • Cooling System: Ceiling Fan(s), Central Air
  • Floor Covering: Vinyl
  • Roof Type: Composition
  • Heating Fuels: Electric (Heating)
  • Additional Features
  • Fireplace

School Information

  • School
  • Taylor Hicks School(Elementary)
  • Granite Mountain Middle School(MiddleSchool)
  • Prescott High School(HighSchool)

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 3750000
  • unparsedaddress: 1302 Terrace View Drive
  • postalcity: Prescott
  • stateorprovince: AZ
  • country: US
  • postalcode: 86301
  • bathroomsfull: 3
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 14.8
  • lotsizeunits: Acres
  • lotsizearea: 14.8
  • livingarea: 6999
  • livingareaunits: Square Feet
  • latitude: 34.566483
  • longitude: -112.465512
  • listagentfullname: Nancy Read
  • listagentemail: nancy@pcgagents.com
  • listagentkey: 3yd-ARMLSAZ-nr14436
  • listagentmlsid: nr14436
  • listagentpreferredphone: 9288308263
  • listagentofficephone: 9288308263
  • listofficekey: 3yd-ARMLSAZ-laun001
  • listofficemlsid: laun001
  • disclaimer: Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: ARMLSAZ
  • yearbuilt: 1978
  • listingcontractdate: 2026-04-22
  • listagenturl: pcgsir.com
  • countyorparish: Yavapai
  • parcelnumber: 116-18-083
  • elementaryschool: Taylor Hicks School
  • highschool: Prescott High School
  • elementaryschooldistrict: Prescott Unified District
  • middleorjuniorschooldistrict: Prescott Unified District
  • highschooldistrict: Prescott Unified District
  • appliances: Dryer, Washer, Refrigerator, Dishwasher
  • cooling: Ceiling Fan(s), Central Air
  • constructionmaterials: Stucco, Wood Frame, Painted
  • flooring: Vinyl
  • heating: Electric (Heating)
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • parkingfeatures: Gated, Driveway, RV
  • roof: Composition
  • view: City
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: Walk-in Pantry, High Speed Internet, Granite Counters, Master Downstairs, Upstairs, 2 Master Baths, 3/4 Bath Master Bdrm, Full Bth Master Bdrm
  • architecturalstyle: Ranch
  • rooms: Bedroom 4, Bedroom 6, Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 3, Bathroom 2, Bedroom 3, Bedroom 5
  • otherstructures: Workshop
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Perimeter
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -112.465515, 34.566483
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Listing Changed: 4/22/2026 6:17:37 PM GMT
Source Updated Date: 4/27/2026 12:41:47 PM GMT

Courtesy of: Nancy Read, Compass, nancy@pcgagents.com

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.