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This is likely one of the most rare, sacred and special properties ever offered in Sedona. A once-in-a-generation opportunity of this caliber may never come available again. Comprehensive Offering Memorandum and Deal Room access available upon request. A unique opportunity including a custom stone residence with a city-approved subdivision. Located in the heart of Uptown Sedona, The historic Gassaway Estate offers a ''finish the vision'' opportunity for investors, builders, or end users. The existing home features exposed beam ceilings, dramatic stone fireplace, and private courtyard design. The property is part of Red Rock Creek, a platted subdivision approved for at least 9 additional homesites, creating significant development potential. Click on MORE to read more about the property. Ideal for a private estate, boutique luxury development, or hybrid investment. Adjacent to National Forest, hiking and biking, this historical residence known as the Gassaway Estate was constructed for local businessman Frank Gassaway from locally sourced native Sedona red rock, employing Native American labor guided by Italian Stonemasons. The massive stone home combines native and Art Deco features Its elevation controls an overlook of Oak Creek, surrounded by Sedona's world famous monumental red rocks, and boasting a National Forest boundary. These factors set it apart from any other view or acreage property in Sedona. Adding to the points already described the home also features a Native American/Saltillo influenced rug executed by the laborers and stonemasons (in a gesture of thanks to Frank Gassaway) in hand-painted tile at the great room's hearth. Both then and now the hearth is the home. The rug is the singular design statement of the home as spiritual sanctuary. A truly unique Sedona offering, the Gassaway Estate combines history, land, and opportunity into one of the most compelling properties currently available in the market. Known as the Gassaway House, this residence is recognized as an Official Historic Landmark in Sedona, a designation that reflects its unique place in the area's cultural and architectural heritage. Set on a private hillside in the heart of Uptown Sedona, the property captures sweeping red rock views and a sense of tranquility that is immediately felt upon arrival. There is a natural stillness here. A calming, almost spiritual quality that aligns with what has drawn people to Sedona for generations. Surrounded by mature vegetation and iconic landscape, the setting offers both privacy and connection to nature, creating an environment that feels peaceful, grounded, and inspiring. The existing residence is a custom hand-laid stone home featuring exposed beam ceilings, authentic masonry, and a layout designed to embrace indoor-outdoor living. Large windows, multiple access points to exterior spaces, and a central fireplace anchor the home, providing a strong architectural foundation for a future vision. This is a finish the vision opportunity, allowing the next owner to complete a truly special residence while preserving and enhancing its historic character. Beyond the home, the property is part of Red Rock Creek, a platted and city-approved subdivision offering additional homesite potential. Buyer to verify. Explore the development potential of a boutique luxury enclave in a market where entitled land is exceptionally limited. The flexibility to create a multi-generational compound, private retreat, or thoughtfully designed residential community sets this property apart. Located just minutes from Uptown Sedona's shopping, dining, art galleries, resorts and outdoor recreation, the historic Gassaway Estate offers the rare combination of seclusion and accessibility. Whether envisioned as a legacy estate, investment opportunity, or a place to create something truly meaningful, this property represents a one-of-a-kind chance to own a piece of Sedona's past while shaping its future. Among the most rare and extraordinary offerings in Sedona, this is a truly special property. An opportunity that may never present itself again. Conceptual Renders * Some images in photos and the slideshow video are conceptual renderings created to illustrate the property's development potential. They do not represent actual construction.
…By Annonceur International
Tucked among the ponderosa pines on nearly 2.5 acres and directly bordering U.S. Forest Service land, this 5-bedroom, 3.5-bath multi-level home offers true seclusion with unbeatable access to Flagstaff and the Arizona Snowbowl just 8 miles away. Major updates since 2017 include a full top-level remodel (2026), new carpet throughout (2026), refinished hardwood flooring (2019), and updated main floor windows (2020). Both the north and south decks have been refreshed, and the exterior was freshly painted in 2026. A whole-house fan keeps summers comfortable. The home's systems are equally impressive-owned solar panels, solar hot water with routine maintenance, propane radiant heat, and a 5,000-gallon buried cistern connected to a private well with a new pump and pressure regulator installed in 2025. The oversized 50x50 detached garage features a full concrete pad, LED lighting, a refreshed roof, and an attached workshop. Capacity for up to 8 vehicles, including RV parking. Panoramic views of the San Francisco Peaks and surrounding forest. Trails accessible directly from the property connect to named Forest Service routes. All appliances convey.
…By Annonceur International
**2 UNIT SINGLE FAMILY RESIDENCE** CROSS POSTED UNDER MULTIFAMILY (203002) Discover an exceptional income-producing opportunity at 1 E Terrace Ave, Units 1 & 2-Where versatility, comfort, and location come together in one remarkable property. Perfect for owner-occupants or investors, this rare duplex allows you to live in one spacious unit while generating income from the other. Both residences are thoughtfully designed with full kitchens, in-unit washer and dryer sets, and their own private 1-car garages-a true luxury in Flagstaff. Each unit also features its own private backyard, offering outdoor space that's ideal for relaxing, entertaining, or enjoying Flagstaff's four beautiful seasons. Located just seconds from downtown, you'll enjoy the convenience of city living while still being tucked into your own private setting. From the balcony, take in sweeping views overlooking Flagstaff's natural beauty, a daily reminder of why this area is so sought after. Inside, each unit offers its own unique character. One features a newly added rock wall with a 3D fireplace, creating a stunning focal point and a warm, inviting atmosphere. The other showcases a custom Flagstaff mural wall, adding artistic charm and a sense of place that guests and tenants will love. With ample parking, spacious interiors, and thoughtful upgrades, this property is perfectly positioned for long-term rental, short-term rental, or multigenerational living. Whether you're looking to offset your mortgage or expand your investment portfolio, 1 E Terrace Ave delivers flexibility and financial potential without compromising comfort or style. A rare find in an unbeatable location, schedule a tour today!
…By Annonceur International
**CROSS LISTED UNDER RES.(203103)** Discover an exceptional income-producing opportunity at 1 E Terrace Ave, Units 1 & 2-Where versatility, comfort, and location come together in one remarkable property. Perfect for owner-occupants or investors, this rare duplex allows you to live in one spacious unit while generating income from the other. Both residences are thoughtfully designed with full kitchens, in-unit washer and dryer sets, and their own private 1-car garages-a true luxury in Flagstaff. Each unit also features its own private backyard, offering outdoor space that's ideal for relaxing, entertaining, or enjoying Flagstaff's four beautiful seasons. Located just seconds from downtown, you'll enjoy the convenience of city living while still being tucked into your own private setting. From the balcony, take in sweeping views overlooking Flagstaff's natural beauty, a daily reminder of why this area is so sought after. Inside, each unit offers its own unique character. One features a newly added rock wall with a 3D fireplace, creating a stunning focal point and a warm, inviting atmosphere. The other showcases a custom Flagstaff mural wall, adding artistic charm and a sense of place that guests and tenants will love. With ample parking, spacious interiors, and thoughtful upgrades, this property is perfectly positioned for long-term rental, short-term rental, or multigenerational living. Whether you're looking to offset your mortgage or expand your investment portfolio, 1 E Terrace Ave delivers flexibility and financial potential without compromising comfort or style. A rare find in an unbeatable location, schedule a tour today!
…By Annonceur International
Like-new 2-bed, 2-bath on 1+ acre with stunning San Francisco Peaks views! Fully renovated with new electrical, plumbing, drywall, double-pane windows, flooring, and fixtures. Kitchen features quartz counters, soft-close cabinetry, and stainless appliances. Both baths offer luxury vinyl tile and walk-in showers. Central A/C, electric heat, and dual-pump cisterns. The entertainer's backyard is fully built out with a wood pergola and string lights, fire pit lounge, cornhole pit, picnic and grill area, and fresh gravel hardscaping. A 10x12 Tuff Shed with power adds workshop or storage flexibility. Drive-up RV deck, one RV spot, partial fencing, and panoramic sunset views. Horses and farm animals welcome. Move-in ready Northern Arizona retreat! no HOA restrictions. Prime location near Valle and Hwy 64, just minutes to the Grand Canyon South Rim and historic Route 66 Williams. Move-in ready and waiting for you!
…By Russ Lyon Sotheby's International Realty
32.82 acres within Flagstaff city limits. Full utilities, private driveway, panoramic views of the San Francisco Peaks, and perched high above the surrounding neighborhoods. Perfectly positioned between downtown and Snowbowl. It's rare. It's huge. It's ready for whatever you want to build. If you've been looking for something unheard of, you've found it.
…By Annonceur International
Perched in a secluded setting at the end of a quiet cul-de-sac, this beautifully updated Creekside Village home offers refined living with commanding views, exceptional privacy, and the tranquil ambiance of the creek below. This exceptional residence offers a rare combination of serenity, sophistication, and sweeping panoramic views from its elevated vantage point. Framed by the sweeping views of forest, golf course, and water, this home delivers an effortless indoor-outdoor lifestyle, with an expanded wrap-around Trex deck that stretches across the rear of the home and captures beautiful views of the creek, lake, and the 16th and 17th fairways. Floor-to-ceiling pocket doors create a seamless transition from the great room and dining area to the expansive outdoor living space, enhancing both the scale and the setting. Nearly completely remodelled, the home has been thoughtfully elevated with refined finishes and a timeless sense of style. The main level features the primary suite, offering convenience and privacy, along with a guest bedroom and full bath. The great room is defined by exposed beams, vaulted ceilings, and a dramatic floor-to-ceiling brick fireplace, all flowing into a spacious dining area and well-appointed kitchen with Viking and Sub-Zero stainless steel appliances, plus an exterior island with raised counter seating for four. The upper level includes two additional bedrooms and a full bath, creating a graceful layout well suited for both everyday living and entertaining.
…By Annonceur International
32.82 acres within Flagstaff city limits. Full utilities, private driveway, panoramic views of the San Francisco Peaks, and perched high above the surrounding neighborhoods. Perfectly positioned between downtown and Snowbowl. It's rare. It's huge. It's ready for whatever you want to build. If you've been looking for something unheard of, you've found it.
…By Annonceur International
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