3803 E SHELDON Road, Prescott, AZ, 86303
About This Home
Nestled among the towering pines, this exceptional mountain retreat offers the perfect blend of privacy, comfort, and income potential. The property features a spacious 4-bedroom, 3 bath main home plus a charming detached 1-bedroom, 1-bath guest cabin, creating endless possibilities for multi-generational living, hosting guests, or generating rental income. Relax and entertain in the abundance of outdoor living spaces, including covered patios and expansive decks that invite you to enjoy the peaceful forest setting and mountain air. Inside the main home, you're welcomed by a bright flex space currently used as an office, filled with natural light and surrounded by picturesque views. The impressive great room showcases stunning wood ceilings and flows seamlessly into the spacious kitchen featuring two sinks, an oversized prep area, ample cabinetry, and windows that frame breathtaking views in every direction. The private primary suite is a true retreat, complete with direct access to the deck, beautiful forest views, a luxurious bathroom with custom tile work, and a generous walk-in closet. Upstairs also offers an additional bedroom with its own private ensuite bath. Downstairs you'll find two more bedrooms, an additional full bathroom, and a separate entrance, making it ideal for guests, extended family, or a private rental opportunity. Just steps away, the detached guest cabin offers its own cozy mountain charm with a full kitchen, spacious living room, bedroom, bathroom, and laundry area. Currently operating as a successful short-term rental, it generates an average of $1,900 per month, providing an excellent opportunity for supplemental income. Conveniently located less than 10 minutes from Costco and everyday amenities, the property is accessed by mostly paved roads with only approximately the last mile being an easily traveled dirt/gravel road. Rarely does a property combine the tranquility of mountain living with the convenience of town, flexible living spaces, and proven income potential. Whether you're searching for a full-time residence, a family retreat, or an investment opportunity, this one-of-a-kind mountain property truly has it all. Main house=1848sf; 3 bd/3 baths in main; Guest House=512sf 1 Bd -1 bath. Guest house refrigerator does not convey but will be replaced with a like kind
Getting Around
Car-Dependent
Very Limited Transit
Not Bike FriendlySchools
Construction
Condition
- Year built: 1961
Materials
- Roof: Composition
- Construction materials: Log Siding,Wood Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Washer,Refrigerator,Gas Range,Gas Oven
Basement
- Has basement: Yes
- Basement: Walk-Up Access,Interior Entry,Exterior Entry,Finished
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Features
- Pantry,Non-laminate Counter,Breakfast Bar,9+ Flat Ceilings,Vaulted Ceiling(s),Wet Bar,Kitchen Island,Full Bth Master Bdrm,Separate Shwr & Tub
- Window features: Single Pane,Screens,Skylight(s),Double Pane Windows
- Flooring: Carpet,Vinyl,Wood
Heating & Cooling
- Heating features: Forced Air,Other,Propane
- Cooling features: Ceiling Fan(s)
Interior Area
- Total structure area: 2,360
- Total interior livable area: 2,360 sqft
Property
Details
- Parcel number: 20513043
Features
- Stories: 2
- Patio & porch: Covered Deck,Patio
- Spa features: None
- Fencing: None
Lot
- Lot size: 0.70 Acres
- Features: Natural Desert Back,Natural Desert Front
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
- Wildfire
- Lightning
- Hail
- Inland Flooding
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Yavapai County and Arizona
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,907 | $34,884 |
| Home Insurance | $139 | $1,668 |
| Property Taxes | $191 | $2,292 |
| Electricity | $249 | $2,999 |
| Total | $3,486 | $41,832 |
Income You'd Need if You Spent...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-05 | Pending sale | $575,000 |
| 2026-07-27 | Listed for sale | $575,000 |
| 2015-09-02 | Listing removed | $339,000 |
| 2015-01-23 | Price change | $339,000 |
| 2014-01-25 | Listed for sale | $350,000 |
| 2005-05-06 | Sold | $75,000 |
For Sale by Agent
View on Zillow