000 Buttermilk+Idylwild Multi-Fam Lane, Prescott, AZ 86305

$1,149,000
Property Type: Multi-Family Square Footage: 5,864 Lot Size (sq. ft.): 103,673 Status: Active
Current Price: $1,149,000 List Date: 10/27/2025 Last Modified: 10/29/2025

Description

Discover a rare multi-family opportunity in the heart of Prescott, Arizona. Set on 2.38 acres surrounded by tall pines, natural boulders, and scenic views, this exceptional property features two residences totaling 5,864 square feet of living space. The setting offers a blend of beauty, privacy, and flexibility, ideal for multi-generational living, short-term rentals, or a mix of personal and investment use. The main residence at 1601 Buttermilk includes four bedrooms, three full baths, and approximately 4,872 square feet across three levels connected by a working elevator. The open main floor features multiple living areas, a wood-burning fireplace, and a spacious kitchen with granite counters, island seating, and large windows overlooking the hillside. The primary suite offers deck access, a soaking tub, a walk-in shower, and generous storage. The lower level serves as a private guest or in-law suite with its own kitchen, laundry, and exterior access, creating an ideal space for extended family or rental income. Distinctive features include a safe room, workshop, and several covered patios perfect for enjoying morning coffee or evening sunsets through the pines. The second home at 1565 Idylwild is framed and wired, ready to finish as a guest cottage, rental unit, or private studio retreat. Both homes are connected to city utilities and offer ample parking, all with no HOA restrictions. Located just minutes from downtown Prescott, this property combines convenience with tranquility. Zoned SF9, it provides development flexibility while maintaining a natural, secluded setting. The unique combination of location, space, and potential makes this one of Prescott's most versatile investment properties. Proudly presented by Rent Right | Home Right Real Estate, this property offers the perfect balance of comfort, privacy, and opportunity. Schedule your private showing today to explore this distinctive mountain retreat and investment in the heart of Prescott.

More Information MLS# 1076280

Contract/Address/Legal

List Price/SqFt: 196 Rent/Lease: No Neighborhood: N/A REO/Short Sale: Not Applicable Zoning: SF9 Assessor's Book #: 111 Assessor's Map #: 7 Assessor's Parcel #: 13 Assessor Parcel Ltr: a Legal: IDYLWILD TRACT THE W2 OF LOT 336 & THE E2E2 OF LOT 331

General Property Description

Aprx Acres: 2.38 Lot #: 336 Lot Size: 32,670 HOA Y/N: No Buildings: 4 Source of Measuremnt: County Assessor Stories: 2 Management: Owner More than 5 Units: No Total Liveable SqFt: 5864 Year Built: 1995 Baths - Full: 2

Tax Info

Taxes: 4511 Tax Year: 2024

Remarks & Misc

Directions: From Gurley Street, head about 1.4 miles before making a slight right onto Idylwild Road. Continue for 0.1 miles, then take a slight left onto Buttermilk Lane, stay to the right on the dirt road past the fifth-wheel trailer. Small home will be to your left & main home at the top of the hill. Remarks: Discover a rare multi-family opportunity in the heart of Prescott, Arizona. Set on 2.38 acres surrounded by tall pines, natural boulders, and scenic views, this exceptional property features two residences totaling 5,864 square feet of living space. The setting offers a blend of beauty, privacy, and flexibility, ideal for multi-generational living, short-term rentals, or a mix of personal and investment use. The main residence at 1601 Buttermilk includes four bedrooms, three full baths, and approximately 4,872 square feet across three levels connected by a working elevator. The open main floor features multiple living areas, a wood-burning fireplace, and a spacious kitchen with granite counters, island seating, and large windows overlooking the hillside. The primary suite offers deck access, a soaking tub, a walk-in shower, and generous storage. The lower level serves as a private guest or in-law suite with its own kitchen, laundry, and exterior access, creating an ideal space for extended family or rental income. Distinctive features include a safe room, workshop, and several covered patios perfect for enjoying morning coffee or evening sunsets through the pines. The second home at 1565 Idylwild is framed and wired, ready to finish as a guest cottage, rental unit, or private studio retreat. Both homes are connected to city utilities and offer ample parking, all with no HOA restrictions. Located just minutes from downtown Prescott, this property combines convenience with tranquility. Zoned SF9, it provides development flexibility while maintaining a natural, secluded setting. The unique combination of location, space, and potential makes this one of Prescott's most versatile investment properties. Proudly presented by Rent Right | Home Right Real Estate, this property offers the perfect balance of comfort, privacy, and opportunity. Schedule your private showing today to explore this distinctive mountain retreat and investment in the heart of Prescott.

Building Type

Other - See Remarks: 1 Residential+: 1

Construction

Block: 1 Frame - Wood: 1 Other - See Remarks: 1

Cooling

Ceiling Fan(s): 1 Other: 1 See Remarks: 1

External Amenities

Other - See Remarks: 1

Flooring

Carpet: 1 Tile: 1 Wood: 1 See Remarks: 1

Heating

Forced - Gas: 1 Forced Air: 1 Natural Gas: 1 Propane: 1 Wood Stove: 1

Owner Pays

Other - See Remarks: 1

Records Available

Record of Survey: 1 Other - See Remarks: 1

Road Frontage Type

Easement: 1 Other: 1 See Remarks: 1

Road Surface Type

Dirt: 1 Gravel: 1

Road Responsibility

City Maintained Road: 1

Roof

Asphalt Shingle: 1 Other - See Remarks: 1

Showing Requirements

Vacant Go Show: 1

Terms & Conditions

1031 Exchange: 1 Conventional: 1 FHA: 1 VA: 1

Utilities Installed

Cable TV: 1 Electricity: 1 Natural Gas: 1 Propane: 1 Telephone: 1 Underground: 1 Water - City: 1 WWT - City Sewer: 1

Water Heater

Natural Gas: 1 Propane: 1

Unit 1

Unit ID: 1601 Buttermilk # BR: 4 # BA: 3 SqFt: 4872

Unit 1 Parking

2 Car: 1 Detached: 1 Garage: 1

Unit 1 Info

Ceiling Fan(s): 1 Dishwasher: 1 Range/Oven: 1 Refrigerator: 1 Other - See Remarks: 1

Unit 2

Unit ID: 1565 Idylwild # BR: 1 # BA: 1 SqFt: 992

Unit 2 Parking

Other - See Remarks: 1

Unit 2 Info

Other - See Remarks: 1

ContractAddressLegal

Original List Price: 1228000 Listing Date: 2025-09-09 Status: Active Listing Price: 1149000 Street #: 000 Street Name: Buttermilk+Idylwild Multi-Fam St Suffix: Lane City/Township: Prescott State: AZ Zip Code: 86305 Subdivision: Idylwild County: Yavapai Tax Parcel: 111-07-013a

Property Features

Building Type: Other - See Remarks; Residential+ Construction: Block; Frame - Wood; Other - See Remarks Cooling: Ceiling Fan(s); Other; See Remarks External Amenities: Other - See Remarks Flooring: Carpet; Tile; Wood; See Remarks Heating: Forced - Gas; Forced Air; Natural Gas; Propane; Wood Stove Owner Pays: Other - See Remarks Records Available: Record of Survey; Other - See Remarks Road Frontage Type: Easement; Other; See Remarks Road Surface Type: Dirt; Gravel Road Responsibility: City Maintained Road Roof: Asphalt Shingle; Other - See Remarks Showing Requirements: Vacant Go Show Utilities Installed: Cable TV; Electricity; Natural Gas; Propane; Telephone; Underground; Water - City; WWT - City Sewer Water Heater: Natural Gas; Propane Unit 1 Parking: 2 Car; Detached; Garage Unit 1 Info: Ceiling Fan(s); Dishwasher; Range/Oven; Refrigerator; Other - See Remarks Unit 2 Parking: Other - See Remarks Unit 2 Info: Other - See Remarks
Listing Office: Rent Right and Home Right
Last Updated: October - 29 - 2025
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