Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Realty
Property view
Listing view 2
Listing view 3

5+ acres 7 Parcels Mormon Hill Rd -- #6,13-17 &CF lot, 
Sedona, AZ 86336

$6,495,000


Bed


Bath


-

Sq Ft


7.00

Acres (Lot)


Land

Active

Listed by

Paul Galloway

Galloway Realty, L.L.C.

928-821-3000

Last updated:

January 18, 2026, 04:17 PM

MLS#

6944435

Source:

ARMLS

About This Land

5+ acres 7 Parcels Mormon Hill Rd -- #6,13-17 &CF lot

Turnkey, shovel-ready to build Heart of Sedona residence club project. 7 platted, separately parceled lots. 6 approximately half-acre short-term rental luxury home residence club community lots PLUS rare adjoining 1.7 acre commercial lot, the only undeveloped commercial lot in new town square across from new town square park and historic ranger station Cf zoned for clubhouse, med-spa, wedding, corporate facility, assisted living, etc.(see document tab chart of allowable uses). The 6 best lots in Sky Ridge Estates, with road and all underground utilities, are currently being improved, with an estimated completion in mid-2026. Located in the HEART OF SEDONA, WALK TO NEW TOWN SQUARE FINE DINING & SHOPPING AND OAK CREEK. RIDGE TOP QUIET PANORAMIC VIEW LOTS. A 1.7-acre commercial lot is the only undeveloped lot in the New Town Square. Basically, 7.9 million for 6.5 million (difference because seller can 1031 and avoid 1.4 mm in tax). Improved entitled, ready to build lots, all zoning in place, including exclusive rights to build and manage all 20 parcels. 10 million + in build value alone, plus residual management fee income. Seller is a high-end custom home builder, broker, and developer, and can build out for you and manage rentals. Rental Comps: .5 mile away, Ambiente, La Auberge, and Enchantment resorts; first two with road noise below the highway, renting for 2200+ per night (for 550 s ft) with 75% occupancy. Sky Ridge will be quieter, with much better views and location, and much higher-end homes, 2500 s ft 3/3, fetching more. This is a one-of-a-kind project. Seller will begin construction in mid-2026 if it doesn't sell. The seller has many projects looking to consolidate and semi-retire. Several other large land listings of similar size in the area for sale, but will take years to get approvals/permits, and are raw, unimproved(took 9 years to get Sky Ridge done), and millions in improvements. The recent Residence club sold/closed Comps. 1.)60 Indian Head Lane (Enchantment residence club comp), .54 acre lot sold and closed in 11/2023, sold for 1,250,000. 2.)2.)75 PASEO DEL INEZ 7 sold for 1,350,000, closed on 1/13/26 3.)170 HIDDEN MEADOW DR 7, closed 7/8/2024 for 3,100,000

Land Facts

Description/Design:

Land

Lot Size (Acres)

7.00

MLS #:

6944435

Last Updated:

January 18, 2026, 04:17 PM


Finances & Disclosures

Finances

Price:

$6,495,000

Source:ARMLS
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.