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407 Arena Dr, Prescott, AZ, 86301

5beds
3baths
1,892sqft
$499,000
$264price/sqft
$3,010/moest. monthly cost
$120,400/yrincome needed

About This Home

Nestled among beautiful, mature trees on a private .24-acre lot, this 5-bedroom, 3-bathroom home offers both space and flexibility. The split-bedroom floor plan also includes an attached mother-in-law suite with a private entrance that is perfect for multigenerational living, home business office area or rental income. Enjoy peaceful mornings on the covered front porch and evenings on the open deck overlooking a greenbelt. The home features a cozy wood-burning fireplace, security screens, and a 2-car garage. Landscaped front yard with paved roads, city water, septic, and additional off-street parking with room for an RV. Conveniently located just minutes from downtown Prescott, schools, shopping, and medical services. A rare blend of privacy and accessibility. Both the main house and guest house are currently rented. Please do not disturb the tenants or go on the property without an appointment. Don't miss this one!

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
13
BikeSomewhat Bikeable

Schools

8/10
Taylor Hicks SchoolGrades K-50.5 mi
8/10
Prescott High SchoolGrades 8-121.3 mi
6/10

Construction

Condition

  • Year built: 1965

Materials

  • Roof: Composition
  • Construction materials: Frame

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Microwave,Refrigerator
  • Laundry features: Wash/Dry Connection

Basement

  • Basement: Slab

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 2
  • 3/4 bathrooms: 1

Features

  • Ceiling Fan(s),Laminate Counters
  • Window features: Blinds
  • Flooring: Carpet,Laminate,Tile
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced - Gas,Wood Stove
  • Cooling features: Ceiling Fan(s)

Interior Area

  • Total structure area: 1,892
  • Total interior livable area: 1,892 sqft

Property

Details

  • Parcel number: 13
  • Zoning: SF-9

Features

  • Levels: Multi/Split
  • Patio & porch: Deck,Covered
  • Exterior features: Landscaping-Front
  • Fencing: Partial
  • Has view: Yes
  • View description: Trees/Woods
  • Topography of land: Level,Other Trees

Lot

  • Lot size: 10,454 sqft

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
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Lightning
Winter Weather
Hail
Inland Flooding
Wildfire

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 $2,523$30,276
Home Insurance $105$1,260
Property Taxes $166$1,992
Electricity $216$2,603
Total$3,010$36,120

Income You'd Need if You Spent...

35% on housing$103,200/yr
40% on housing$90,300/yr
45% on housing$80,266/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

$264This listing

vs Other Active Listings

Avg $/sqft

ZIP 86301$265
Yavapai County$262

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
2026-04-03Listed for sale$499,000
2025-12-10Listing removed$484,900
2025-11-10Price change$484,900
2025-10-07Price change$499,000
2025-08-09Listed for sale$549,000
2025-05-28Listing removed$2,100
2025-05-12Listed for rent$2,100
2005-11-23Sold$280,000
1994-03-28Sold$115,000

For Sale by Agent

AgentDarby E Middleton
BrokerageKeller Williams Arizona Realty

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