$3,100,000
PENDING $300K PRICE DROP

515 Sunset Ln Sedona, AZ 86336

Estimated payment $17,632/month

Total Views 5,619
7 Beds
4 Baths
5,940 Sq Ft
$522 Price per Sq Ft

Highlights

  • Brick or Stone Mason
  • Laundry Room
  • Tile Flooring
  • Manuel Demiguel Elementary School Rated A-
  • Handicap Accessible
  • Drip System Landscaping

About This Home

INVESTOR ALERT! This 8 unit apartment complex is located in beautiful Uptown Sedona, walking distance to all of the shops/restaurants/galleries with views of Snoopy Rock and beyond. This building was built and owned by same owner/builder-family since 1971. Has always been fully rented. Owner recently remodeled 4 of the 8 units. Two units are fully furnished if new buyer wishes to do monthly furnished vacation rentals. Minimum 30 day rentals. Would make great workforce housing for any local resort, hotels, restaurant groups, etc. Or continue on as long term or monthly rentals. Well built, well maintained investment opportunity! There are seven 2-bedroom/1-bath units, one 1-bedroom/1-bath unit. Call listing agent to view this rare opportunity in Uptown Sedona!

Listing Agent

Lori Stewart

Russ Lyon Sotheby's Intl Rlty License #SA526624000

Russ Lyon Sotheby's Intl Rlty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,350

Year Built

  • Built in 1971

Lot Details

  • 10,019 Sq Ft Lot
  • Drip System Landscaping

Parking

  • Off-Street Parking

Home Design

  • Brick or Stone Mason
  • Wood Frame Construction
  • Tile Roof

Interior Spaces

  • 5,940 Sq Ft Home
  • Ceiling Fan
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl Plank

Accessible Home Design

  • Handicap Accessible

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating System
  • Separate Meters
  • Underground Utilities
  • Master Meter
  • 220 Volts
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Mtn Villa Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40114101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,350

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Cooling: Ceiling Fan(s), Refrigeration/Centrl
  • External Amenities: Handicap Access, Landscape, Sprinkler/Drip
  • Floors: Carpet, Laminate, Tile, Vinyl Plank
  • Internal Amenities: Ceiling Fan, Dishwasher, Fire/Smoke Alarm, Laundry Room, Microwave, Refrigerator
  • Roof Materials: Tile
  • Property Sub Type: Multi-Family
  • Assessor Parcel Number: 40114101
  • Bathrooms: Interior
  • Business Type: APARTMENTS
  • Type Of Building: 5 or More Units
  • Amount of Taxes: 4350.00
  • Lot Acreage: 0.23
  • Year Built: 1971
  • Directions: JORDAN ROAD RIGHT ON SCHNEBLY ROADLEFT ON SUNSET LANE
  • Above Grade Finished Sq Ft: 5940.00
  • Special Features: None

Interior Features

  • Heating: Electric, Forced Air
  • Basement YN: No
  • Total Sq Ft: 5940.00
  • Construction: Brick, Frame - Wood
  • Parking: Off Street
  • Property Type: Multi-Family
  • Road Access: City, Paved
  • Road Maintenance: City Maintained
  • Water Heater: Natural Gas
  • Subdivision: Mtn Villa
  • Management: Management Company
  • Utilities Available: 220, Cable TV, City Water, Electricity, Individual Meter, Main Meter, Natural Gas, Sewer (City), Underground

Tax Info

  • Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2025 03/20/25 Pending -- -- --
02/04/2025 02/04/25 Price Changed $3,100,000 -8.8% $522 / Sq Ft
11/13/2024 11/13/24 For Sale $3,400,000 -- $572 / Sq Ft
Source: Sedona Verde Valley Association of REALTORS®

Source: Sedona Verde Valley Association of REALTORS®

MLS Number: 537668

Sedona Verde Valley Association of REALTORS®

Arizona Coconino County Sedona 86336

515 Sunset Ln, Sedona, AZ

Homes for Sale in Sedona, AZ

This home is located at 515 Sunset Ln, Sedona, AZ 86336 and is currently priced at $3,100,000, approximately $521 per square foot. This property was built in 1971. 515 Sunset Ln is a home located in Coconino County with nearby schools including Manuel Demiguel Elementary School and Flagstaff High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Sedona Verde Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Lori Stewart
Listing Agent
Lori Stewart
Section Image
Russ Lyon Sotheby's Intl Rlty
(520) 224-1420