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1478 Varsity Dr, Prescott, AZ, 86301

5beds
3baths
3,049sqft
$684,900
$225price/sqft
$4,157/moest. monthly cost
$166,280/yrincome needed

About This Home

Perched above Watson Lake with sweeping views of the Granite Dells, Willow Lake, and surrounding mountains, this spacious home offers an incredible blend of scenery, functionality, and flexible living space. The pavered entry welcomes you into an open-concept main level featuring extensive tile flooring, a gas fireplace with stacked stone surround, and oversized windows designed to capture the stunning lake and hillside views.The kitchen is equipped with granite countertops, stainless steel appliances, abundant cabinetry, and a floating island, all opening seamlessly to the main living and dining areas. Just off the kitchen is a French-door office with a closet, offering the flexibility to serve as an additional bedroom if desired.The primary suite enjoys beautiful lake and Granite Dells views along with a spacious ensuite bath featuring dual vanities, a soaking tub, walk-in shower, and generous closet space. The upper level also has a full bathroom and bedroom perfect for guests.Downstairs, you'll find an enormous secondary living area with laminate vinyl flooring, built-in bookcases, two additional bedrooms, a full bathroom, and an impressive amount of storage space. The lower level also offers direct backyard access, making it ideal for guests, multigenerational living, hobbies, or entertaining.Step outside to multiple outdoor living spaces including an elevated deck with panoramic views, a paver patio, additional sitting area, and a private hot tub that conveys with the property. Low-maintenance landscaping complements the natural beauty surrounding the home. Additional features include a water softener and leased solar system for improved energy efficiency.

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
6
BikeSomewhat Bikeable

Schools

8/10
Taylor Hicks SchoolGrades K-52.5 mi
8/10
Prescott High SchoolGrades 8-123.0 mi

Construction

Condition

  • Year built: 2017

Materials

  • Roof: Concrete
  • Construction materials: Frame

Type & Style

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

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Disposal,Dryer,Gas Range,Microwave,Oven,Range,Refrigerator,Washer,Water Softener Owned,Rev Osmosis System,Water Purifier
  • Laundry features: Wash/Dry Connection

Basement

  • Has basement: Yes
  • Basement: Walk-Out Access,Finished,Plumbed,Sump Pump

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Ceiling Fan(s),Wired for Data,Eat-in Kitchen,Granite Counters,Kitchen Island,Liv/Din Combo,Master Downstairs,Walk-In Closet(s)
  • Window features: Solar Screens,Aluminum Frames,Double Pane Windows,Blinds,Screens
  • Flooring: Carpet,Tile,Vinyl
  • Fireplace features: Gas
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total structure area: 3,049
  • Total interior livable area: 3,049 sqft

Property

Details

  • Parcel number: 10504321
  • Zoning: BG (PAD)

Features

  • Levels: Multi/Split
  • Patio & porch: Covered,Patio
  • Exterior features: Landscaping-Front,Landscaping-Rear,Level Entry,Storm Gutters
  • Has spa: Yes
  • Spa features: Outdoor Spa/Hot Tub,Indoor Spa/Hot Tub
  • Fencing: Back Yard
  • Has view: Yes
  • View description: Boulders,Glassford Hill,Granite Mountain,Lake,SF Peaks
  • Has water view: Yes
  • Water view: Lake
  • Topography of land: Hillside,Other - See Remarks,Other Trees,Sloped - Gentle,Views

Lot

  • Lot size: 9,583 sqft

Parking

  • Total spaces: 2
  • Parking features: Paver Block,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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
    LightningRelatively High
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Wildfire
Winter Weather

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 $3,463$41,556
Home Insurance $144$1,728
Property Taxes $228$2,736
Electricity $322$3,874
Total$4,157$49,884

Income You'd Need if You Spent...

35% on housing$142,525/yr
40% on housing$124,710/yr
45% on housing$110,853/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

$225This 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)

Price History

DateEventPrice
2026-05-08Listed for sale$699,900
2026-04-23Listing removed$729,900
2026-03-31Price change$729,900
2026-02-21Price change$745,000
2026-02-15Price change$760,000
2026-01-27Listed for sale$765,000
2026-01-16Pending sale$765,000
2025-11-28Price change$765,000
2025-10-16Listed for sale$779,000
2018-11-28Sold$180,906

For Sale by Agent

AgentGeoffrey Hyland
BrokerageeXp Realty

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