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4955 Bear Way, Prescott, AZ, 86301

6beds
4baths
4,174sqft
$899,000
$215price/sqft
$5,475/moest. monthly cost
$219,000/yrincome needed

About This Home

Experience refined Prescott living in this extensively upgraded home located in the highly sought-after Yavapai Hills community. Positioned adjacent to HOA open space and surrounded by mature landscaping, this property offers privacy, thoughtful improvements, and true move-in-ready convenience -- without the wait or added expense of new construction.Designed for main-level living, the home features a thoughtfully planned split floor plan with 3 bedrooms and 2.5 bathrooms on the main level. Upon entry, you're greeted by vaulted ceilings, abundant natural light, and wood-look tile flooring that flows throughout the primary living areas. Fresh custom interior paint, upgraded interior doors, stylish shutters, and updated fixtures create a cohesive, designer feel throughout.The open-concept great room centers around a corner gas fireplace with stacked stone surround. Double French doors lead to an engineered wood deck with composite elements and roll-down shades, creating expanded summer living space while overlooking the lush treed setting and seasonal stream area.The chef-inspired kitchen serves as the heart of the home, featuring dark wood-tone cabinetry, granite countertops, a stylish backsplash, walk-in pantry, and a suite of stainless steel appliances, including an induction range. A two-tiered granite island with pendant lighting adds functionality and invites casual gatherings. The adjoining dining space offers flexibility for both formal and everyday dining.The spacious primary suite is a true retreat -- a serene getaway within the home -- offering an en-suite bath with a walk-in tile-surround shower, jetted soaking tub, dual vanities, and a generous walk-in closet.Two additional bedrooms on the main level share a well-appointed bathroom with dual sinks and a tub/shower combination. A convenient powder room and a laundry/mudroom with direct access to the two-car garage complete the main floor.The lower level expands the home's versatility with additional bedrooms, a full bathroom, an expansive family room, and a kitchenette featuring modern cabinetry and updated finishes ideal for entertaining, extended living arrangements, guest accommodations, recreation space, or flexible use. A remodeled bathroom on this level showcases contemporary finishes and fixtures. A dedicated bonus room/6th bedroom provides options for crafts, workshop space, fitness, or storage, along with another room suitable for office or storage needs. The lower level may be locked off if desired, offering additional flexibility.Double French doors open to the lower patio and backyard, where mature trees create a tranquil outdoor environment. The natural setting enhances the peaceful atmosphere while still offering convenient access to community amenities, dining, outdoor recreation, and downtown Prescott.Every detail has been thoughtfully improved from lighting to hardware making this home polished, tasteful, and truly turnkey.Schedule your private showing today!

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
6
BikeSomewhat Bikeable

Schools

8/10
Taylor Hicks SchoolGrades K-55.1 mi
8/10
Prescott High SchoolGrades 8-125.1 mi

Construction

Condition

  • Year built: 2016

Materials

  • Roof: Composition
  • Construction materials: Frame,Stone,Stucco

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary,Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Convection Oven,Dishwasher,Disposal,Dryer,Electric Range,ENERGY STAR Qualified Appliances,Microwave,Range,Refrigerator,See Remarks,Washer,Water Softener Owned
  • Laundry features: Wash/Dry Connection,Sink

Basement

  • Has basement: Yes
  • Basement: Walk-Out Access,Slab

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Bar,Beamed Ceilings,Ceiling Fan(s),Solid Surface Counters,Eat-in Kitchen,Granite Counters,Kit/Din Combo,Kitchen Island,Liv/Din Combo,Live on One Level,Master Downstairs,High Ceilings,See Remarks,Walk-In Closet(s),Wet Bar
  • Window features: Double Pane Windows,Blinds,Pleated Shades,Screens,Vinyl Windows
  • Flooring: Concrete,Tile
  • Fireplace features: Gas
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced - Gas,Natural Gas,Zoned
  • Cooling features: Ceiling Fan(s),Central Air,Other

Interior Area

  • Total structure area: 4,174
  • Total interior livable area: 4,174 sqft

Property

Details

  • Parcel number: 184
  • Zoning: SF-9

Features

  • Patio & porch: Deck-Engr,Covered
  • Exterior features: Landscaping-Front,Landscaping-Rear,Level Entry,Native Species,Other,See Remarks,Sprinkler/Drip,Storm Gutters
  • Has spa: Yes
  • Spa features: Bath
  • Has view: Yes
  • View description: Boulders,Juniper/Pinon,Trees/Woods
  • Topography of land: Juniper/Pinon,Other Trees,Ponderosa Pine,Sloped - Gentle

Lot

  • Lot size: 0.32 Acres

Parking

  • Total spaces: 2
  • Parking features: Garage Door Opener,Driveway Concrete
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningVery High
  • Wildfire
    WildfireVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate

How This Home’s Risks Compare

Lightning
Wildfire
Inland Flooding
Winter Weather
Hail

FEMA Declared Disasters in Yavapai County and Arizona

Fire
Flood
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,545$54,540
Home Insurance $189$2,268
Property Taxes $299$3,588
Electricity $442$5,304
Total$5,475$65,700

Income You'd Need if You Spent...

35% on housing$187,714/yr
40% on housing$164,250/yr
45% on housing$146,000/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.1%
12.1%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$215This listing

vs Other Active Listings

Avg $/sqft

ZIP 86301$266
Yavapai County$263

vs Homes Sold Last Month

Median $/sqft

ZIP 86301$309
Yavapai County$289

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-28Price change$975,000
2026-03-24Price change$1,008,000
2026-03-01Listed for sale$1,075,000
2025-02-19Sold$890,300
2025-01-20Contingent$899,900
2025-01-17Listed for sale$899,900
2022-12-16Sold$850,000
2022-11-08Pending sale$889,000
2022-10-02Price change$889,000
2022-08-30Price change$899,000
2022-05-19Listed for sale$999,900
2020-12-01Sold$625,000
2020-10-24Pending sale$634,000
2020-09-23Price change$634,000
2020-08-17Price change$639,000
2020-07-07Price change$644,000
2020-06-01Price change$649,000
2020-05-06Price change$654,000
2020-04-07Listed for sale$659,000
2015-04-15Sold$39,000
2015-02-22Pending sale$39,000
2014-08-21Listed for sale$39,000

For Sale by Agent

AgentSheila A Edner, W and Partners, Taylor Riley, W and Partners
BrokerageW and Partners

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