See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

743 E CHERRY HILLS Way, Cottonwood, AZ, 86326

3beds
2baths
2,165sqft
$499,000
$230price/sqft
$3,056/moest. monthly cost
$122,240/yrincome needed

About This Home

Over 2100 sq ft of living space, set on just under half an acre in the heart of Cottonwood! This property captures the best of Northern Arizona living with Red Rock views from the backyard and Mingus Mountain views from the front--a rare dual panorama that delivers sunrise to sunset beauty. The inviting layout centered around a spacious kitchen with an oversized island, quartz countertops, and plenty of cabinets for all of your gadgets. The split floorplan offers privacy, while the expansive primary suite creates a true retreat with a sitting area, walk-in closet and full bath. One of the most compelling features is the fully converted bonus space (approx. 400 sq ft, permitted, with its own heating and cooling system)--ideal for a home gym, studio, game room, or guest suite (digitally staged to show options, of course it can also be a garage again if that suits your needs) Flexible space like this is increasingly hard to find and adds real functional value. Step outside to a huge private, fenced backyard with mature trees, offering room to roam, relax, and enjoy the stunning views in peace. Additional highlights include :Brand new roof, New hot water heater, No HOA or rental restrictions, convenient access to shopping, dining, medical services, and schools. A short drive to Sedona and the many attractions of the Verde Valley. This is the moment your search starts to feel complete.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

5/10
Dr Daniel Bright SchoolGrades PK-80.6 mi
3/10
Mingus Union High SchoolGrades 9-121.0 mi
2/10
Mingus Online AcademyGrades 8-121.0 mi

Construction

Condition

  • Year built: 2003

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Stucco,Wood Frame

Type & Style

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

Interior

Appliances

  • Appliances included: Dryer,Washer,Refrigerator,Built-in Microwave,Dishwasher,Disposal,Electric Range

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Non-laminate Counter,Quartz Countertops,Double Vanity,Breakfast Bar,Pantry,Full Bth Master Bdrm
  • Window features: Screens,Skylight(s),Double Pane Windows
  • Flooring: Tile,Wood

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air,Ceiling Fan(s),Mini Split,See Remarks

Interior Area

  • Total structure area: 2,165
  • Total interior livable area: 2,165 sqft

Property

Details

  • Parcel number: 40649175

Features

  • Stories: 1
  • Patio & porch: Covered,Patio
  • Exterior features: Storage
  • Spa features: None
  • Fencing: Back Yard
  • Has view: Yes
  • View description: Panoramic,Red Rocks/Boulders,Mountain(s)

Lot

  • Lot size: 0.45 Acres
  • Features: Desert Back,Desert Front,Gravel/Stone Back

Parking

  • Total spaces: 4
  • Parking features: Open
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4

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
    LightningModerate

How This Home’s Risks Compare

Lightning

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 $138$1,656
Property Taxes $166$1,992
Electricity $229$2,751
Total$3,056$36,672

Income You'd Need if You Spent...

35% on housing$104,777/yr
40% on housing$91,680/yr
45% on housing$81,493/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

$230This listing

vs Other Active Listings

Avg $/sqft

ZIP 86326$215
Yavapai County$263

vs Homes Sold Last Month

Median $/sqft

ZIP 86326$258
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
2026-05-08Listed for sale$499,000
2026-05-05Listing removed$499,000
2025-11-04Listed for sale$499,000
2025-10-29Listing removed$519,000
2025-10-09Price change$519,000
2025-08-25Price change$527,000
2025-05-30Price change$539,000
2025-05-02Listed for sale$549,900
2014-09-16Sold$169,000
2014-08-15Listed for sale$174,900
1999-10-29Sold$128,500
1999-02-26Sold$119,900
1998-08-17Sold$25,000

For Sale by Agent

AgentNisreen Hawley, Berkshire Hathaway HomeServices Arizona Properties
BrokerageBerkshire Hathaway HomeServices Arizona Properties

Similar Homes