LKV Realty
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$1,299,000
$6,000Reward *
940 N WATERS EDGE Way, Prescott, AZ 86303Listing ID 7056194

940 N WATERS EDGE Way, Prescott, AZ 86303

Active
CREEKSIDE OF PRESCOTT PHASE 2
Time on site: 27 daysLast updated: 4 days ago
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
4
Bathrooms
Bathrooms
5
Square Feet
Square Feet
3,504
Acres
Acres
0.26
Days on Site
Days on Site
26
Cooling
Cooling
Central Air, Ceiling Fan(s), Programmable Thmstat
Heating
Heating
Natural Gas
Year Built
Year Built
2025
Garages
Garages
3
Parking
Parking
Tandem Garage, Garage Door Opener

Prescott is a lifestyle that people travel from across the globe to experience. ''EVERYBODY'S HOMETOWN'' draws visitors YEAR-ROUND for the World's Oldest Rodeo, the beloved Prescott Garden Tour, Whiskey Row, the Prescott National Forest, and hundreds of miles of trails winding through one of Arizona's most breathtaking landscapes. Short-term rental demand here is not seasonal. It is sustained, and growing. 940 N. Waters Edge Way is the property that captures it all. Nestled creekside in one of Prescott's most tranquil and desirable pockets, this BRAND-NEW CUSTOM-BUILT ESTATE delivers approximately 3,504 sq ft of thoughtfully designed living space, 4 bedrooms, 4.5 bathrooms, a 955 sq ft OVERSIZED-TANDEM GARAGE w/ accessory door to exterior, a 710 sq ft COVERED BALCONY, and the kind of magazine-worthy interior that commands premium nightly rates and five-star reviews. There is no HOA, giving you full flexibility to operate as a short-term rental from day one. From the moment guests arrive, the experience begins. A striking contemporary exterior with dramatic evening lighting, a paver driveway, and soaring architectural lines signal immediately that this is something different. Step inside and the design language continues: soaring ceilings, rich dark cabinetry, black marble countertops, high-end stainless appliances, and a showstopping floor-to-ceiling black marble fireplace that anchors the main living space with the kind of visual drama that photographs beautifully and books consistently. kitchen is a chef's stage. A large center island with seating for four, extra island storage and PULL OUT DRAWERS with SOFT-CLOSE HINGE doors, FULL WALK-IN PANTRY, pendant lighting, professional-grade appliances, and a layout that flows seamlessly into the living and dining areas. It is designed for GATHERING, for ENTERTAINING, and for the kind of effortless hosting that earns repeat guests. The main level features a PRIMARY PRIVATE SUITE WITH SPA RETREAT and CUSTOM WALK IN CLOSET with VELVETEEN JEWELRY STORAGE, SOFT CLOSE HINGES, and UPGRADED MIRRORED WARDROBE CLOSET. Offering single-floor living convenience for owners or guests who prefer it. Upstairs there are THREE additional bedrooms, each with its own PRIVATE BATHROOM and one with JETTED GARDEN TUB, provide the privacy and comfort that today's short-term rental guests expect and pay for. There's a dedicated BONUS GAME ROOM/FAMILY ROOM UPSTAIRS also adding a layer of amenity that sets this property apart from competing rentals and justifies a higher nightly rate. Step outside onto the 710 sq ft covered balcony and the FULL VALUE of this location becomes undeniable. ENDLESS VIEWS of the surrounding landscape, the quiet of a CREEKSIDE neighborhood, and the CLEAN MOUNTAIN AIR of Prescott's MILE-HIGH elevation make this the outdoor living experience that guests come to Arizona to find. A 220-volt outlet is already in place in the rear yard, ready for a spa or hot tub installation, an upgrade that consistently elevates short-term rental income and guest satisfaction. The yard is INTENTIONALLY LOW-MAINTENANCE, maximizing the home's footprint and minimizing ongoing ownership costs, a critical consideration for any investment property. This is a TROPHY PROPERTY in the CREEKSIDE neighborhood, and it sits at the gateway to the PRESCOTT NATIONAL FOREST, where opening the front door is itself an invitation into nature. For investors evaluating the numbers: Prescott's short-term rental market benefits from a diverse, YEAR-ROUND demand calendar. The FRONTIER DAYS RODEO (the world's oldest), the GARDEN TOUR, WHISKEY ROW events, FALL FOILAGE season, SNOWFALL weekends, and the proximity to Phoenix (under two hours) create consistent booking windows across every season. The Sharlot Hall Museum, the Smoki Museum, the Phippen Museum, and the Natural History Institute draw culturally motivated travelers. Hundreds of miles of trails through the Prescott National Forest bring outdoor enthusiasts.

Property Information

Property Details

Location

Address
940 N WATERS EDGE Way
County
Yavapai
City
Prescott
Zip Code
86303
Subdivision
CREEKSIDE OF PRESCOTT PHASE 2
School District
Prescott Unified District
High School
Prescott High School
Elementary School
Lincoln Elementary School

Interior Features

Beds and Baths

Bedrooms
4

Building

Building Information

Square Feet
3,504
Year Built
2025
Construction
Spray Foam Insulation, Stucco
Roof
Other
Builder Name
Agries Construction

Financial

Special Conditions
N/A

Property Taxes

Tax Annual Amount
$611
Tax Year
2025
Century 21 Toma Partners, (602) 954-2000

Market Report for 86303

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Arizona Regional MLS
Arizona Regional MLS logo

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

For corrections to this data please contact Brytecore MLS Support.

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