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35 E Colonels Way, Prescott, AZ, 86303

2beds
3baths
2,160sqft
$839,000
$388price/sqft
$4,953/moest. monthly cost
$198,120/yrincome needed

About This Home

Wow, a Lindal Cedar home in the tall pines for under $850,000 that sits on 1.6 acres and is only 8 minutes from the town square!This stunning custom cabin home located in the cool pines of Prescott has been a high producing short term rental. 35 E Colonels Way is a beautifully crafted Lindal Cedar Home, thoughtfully designed for comfort, privacy, and long-term value. Featuring an IN HOME ELEVATOR, this gem is tucked on 1.62 acres of pristine, wooded land, offering unmatched tranquility while still being a short drive (8 minute) to downtown Prescott's dining, shopping, and historic charm. Built with quality in mind, this home features a lifetime structural warranty, a durable metal roof, and timeless cedar construction (natural termite repellent). From the stunning vaulted great room, open floor-plan, thoughtful entertaining spaces, and abundant natural light the home seamlessly blends nature with modern comfort. Inside, you'll find 2 beds, 2.5 baths, and 2,160 sq ft of stunning living space, finished off with a wonderful screened-in porch which could easily be converted into a 3rd bedroom. On the ground level you find a large laundry room with utility sink and storage, an oversized 2 car garage with a spacious workshop including built-in cabinetry and workbench. Also on this level is the handy mechanical room providing easy access to the hot water heater, whole home water treatment system, and other equipment for the home. This home is so beautiful it was featured as the prime shooting location for an independent film on Amazon! This is more than a home, it's a potential income-producing investment. Being sold furnished, the home has an outstanding history as a short-term rental, (stats available to serious buyers). Colonels Way is an excellent investment for those looking to generate passive income while enjoying the flexibility of personal use. Additional highlights include, elevator access to main level from ground floor, 2 expansive decks for taking in the incredible scenery; abundant storage, surround sound through home, in-floor heating and HVAC, jetted soaking tub, great flex space screened porch, extremely private setting, and quick and easy access to all Prescott has to offer. New flooring installed in the bathrooms, kitchen, and dining area. Brand new sink in the master bathroom, refinished decks, whole home water treatment system installed along with a strong producing brand new well!Whether you're seeking a serene personal escape, a profitable vacation rental, or both, this one-of-a-kind mountain retreat is ready to deliver.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
13
BikeSomewhat Bikeable

Schools

8/10
8/10
Prescott High SchoolGrades 8-123.0 mi

Construction

Condition

  • Year built: 2000

Materials

  • Roof: Metal
  • Construction materials: Cedar,Frame,Other

Type & Style

  • Home type: SingleFamily
  • Architectural style: A-Frame,Contemporary
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Disposal,Dryer,Electric Range,Microwave,Oven,Refrigerator,Washer,Water Purifier
  • Laundry features: Wash/Dry Connection,Sink

Basement

  • Has basement: Yes
  • Basement: Interior Entry,Exterior Entry,Stem Wall

Bedrooms & Bathrooms

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

Features

  • Beamed Ceilings,Ceiling Fan(s),Solid Surface Counters,Eat-in Kitchen,Elevator,Kitchen Island,Liv/Din Combo,Live on One Level,Master Downstairs,High Ceilings
  • Window features: Skylight(s),Double Pane Windows,Blinds,Screens,Wood Frames
  • Flooring: Carpet,Laminate,Wood
  • Fireplace features: Gas
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced - Gas,Radiant,See Remarks
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total structure area: 2,160
  • Total interior livable area: 2,160 sqft

Property

Details

  • Parcel number: 11009085K
  • Zoning: R1l-35

Features

  • Levels: Multi/Split
  • Patio & porch: Deck,Covered,Screened
  • Exterior features: Dog Run,Native Species
  • Has spa: Yes
  • Spa features: Indoor Spa/Hot Tub,Bath
  • Fencing: Back Yard,Partial
  • Has view: Yes
  • View description: Mountain(s),Thumb Butte,Trees/Woods
  • Topography of land: Hillside,Other Trees,Ponderosa Pine,Views

Lot

  • Lot size: 1.66 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

  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Wildfire
    WildfireRelatively High
  • Winter Weather
    Winter WeatherRelatively High

How This Home’s Risks Compare

Inland Flooding
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 $4,242$50,904
Home Insurance $204$2,448
Property Taxes $279$3,348
Electricity $228$2,744
Total$4,953$59,436

Income You'd Need if You Spent...

35% on housing$169,817/yr
40% on housing$148,590/yr
45% on housing$132,080/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

$388This listing

vs Other Active Listings

Avg $/sqft

ZIP 86303$276
Yavapai County$262

vs Homes Sold Last Month

Median $/sqft

ZIP 86303$341
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
2026-04-11Listed for sale$839,000
2025-09-18Listing removed$869,000
2025-07-13Price change$869,000
2025-05-06Price change$885,000
2025-04-07Listed for sale$900,000
2021-10-07Sold$840,000
2021-08-25Pending sale$765,000
2021-08-20Listed for sale$765,000
2018-04-01Listing removed$2,000
2018-03-13Price change$2,000
2017-05-30Price change$2,500
2017-03-01Listed for rent$2,000
2016-09-10Listing removed$2,500
2016-01-15Listed for rent$2,500
1999-10-25Sold$40,000

For Sale by Agent

AgentSteven J Huttmann
BrokerageHomeSmart Fine Homes and Land

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