70 Rainbow Lane, Sedona, AZ 86351

$1,065,000
3
BD
2
BA
1,890
SqFt
Sold Price
$1,065,000
List Price
$1,095,000
Closing Date
Sep 29, 2023
MLS#
533964
Status
CLOSED
Type
Single Family Residential
Style
Other (See Remarks), Cottage, Southwest
Subdivision
Under 5 Acres
City
Sedona
Zip
86351
Area
46 - Big Park
County
Yavapai
Bedrooms
3
Bathrooms
2
Living Area
1,890
Lot Size
44,866
Year Built
1991

Property Description

Steps from the magical banks of Oak Creek and less than a mile from Red Rock Crossing Vortex sits a unique gated compound nestled on over an acre with private gate to Coconino National Forest. This one-of-a-kind property offers views of Cathedral Rock and a sprawling backyard perfectly set up to host gatherings, retreats, weddings and other private events. TWO structures here include the 1086 sf main home with 2 bed/1 bath and large wraparound deck PLUS a 756 sf 2.5 car garage with lift and workshop AND 1 bed/1 bath 804 sf apartment built in 2007 featuring a full kitchen, dining and living area with two-way fireplace and French doors that leading to private balcony to take in all the viewpoints. Below the apartment is a 600 sf (approx) downstairs game room, bar, wine cellar, walk-in vault and walk-out patio that leads to the expansive backyard. The possibilities here are endless and AirBnB friendly. This isn't just a home; it's a unique experience that offers a lifestyle you won't find anywhere else. Rainbow Lane is all about relaxation and enjoying the beauty of the surroundings. Price is reflective of some unfinished work left for the next owner to make it the masterpiece it is destined to become.

Additional Information

Taxes
$4,109
View
Creek/Stream, Mountain(s), None
Levels
Other - See Remarks, One
Interior Features
Garage Door Opener, Wet Bar, Other, Kitchen/Dining Combo, Ceiling Fan(s), In-Law Floorplan, Main Living 1st Lvl, Pantry, Hobby/Studio
Floors
Tile
Fireplace Description
Gas
Exterior Features
Open Deck, Perimeter Fence, Landscaping, Sprinkler/Drip, Water Features, Open Patio, Fenced Backyard, Grass, Other
Cooling
Central Air, Ceiling Fan(s)
Heating
Forced Gas
Foundation
Stem Wall, Slab
Building
Guest House, Other
Parking
3 or More

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

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