Real Estate Agent Kim Catalanotto

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3090 E Martin Way, Cottonwood, AZ 86326

$897,000
  • 3090 E Martin Way, Cottonwood, AZ 86326 Main Photo

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New to the Market Active
BEDS4 BATHS3 SQUARE FEET1,590 MLS#7075370
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISION5 acres or more SCHOOLMingus Union High School District

Property Description

3090 E. Martin Way is what happens when privacy, big country, Sedona Red Rock views, Cottonwood city lights at night, and a little entrepreneurial spirit decide to live in the same place.Set on approximately 6.3 acres along the edge of Cottonwood, this property doesnt just offer views. It offers the kind of views that make you stop for a minute. To the east, the Sedona Red Rocks stretch across the horizon, while the Verde Valley opens up in every direction. And when the sun goes down, the city lights of Cottonwood come alive below, creating an entirely different kind of scenery. Daytime brings the big landscapes. Nighttime brings the lights. Both are exceptional. Privacy is equally impressive. The property borders county land near the back boundaries of Dead Horse State Park, creating a rare sense of separation from the outside world. Hiking trails head out in multiple directions directly from the front door, giving you immediate access to the surrounding landscape without ever having to load up the truck and drive to a trailhead.Then there is the income potential.The property is currently operating as a successful short term rental with two distinct living options: a three bedroom main home and a separate, fully functioning tiny home with three years of high occupancy 5 star reviewed short term rental history. Whether you continue the Airbnb operation, use one residence for yourself and the other for guests, or simply enjoy having multiple spaces on your own private acreage, the flexibility is already here.This property has not been sitting around waiting for someone to love it. The main home has undergone extensive improvements including new kitchen cabinets, granite countertops, appliances, lighting, flooring, paint, window coverings, shower tile, vanities, a new HVAC system, new windows, PEX piping for main home and casita, and a new roof. Water is another serious asset. The property includes three registered, high producing wells with two pumps, a dedicated pump for the main house equipped with an arsenic and sediment filtration system, and a reverse osmosis/deionized for drinking water.Outside, the property keeps getting more interesting. There is a developed access road to the rental area, horse facilities with steel fencing, a round pen, covered stalls and tack shed with power and water, an outdoor kitchen and shower, multiple Tuff Shed structures, a high clearance steel carport, RV hookup with water and 30 amp electrical service, an extended porch, and even a basketball hoop. But perhaps the most intriguing part of the property is what hasnt been built yet... Above the existing residences is a building envelope already equipped with its own water well. Perched in what may be the most private and visually spectacular portion of this acreage, this potential homesite captures expansive views and looks directly toward the Sedona Red Rocks to the east and truly amazing views over the city of Cottonwood. Build the dream home up there and keep the existing residences working for you, or simply preserve the land and enjoy knowing the opportunity exists.There is also a newly permitted septic system near the tiny home portion of the land sized for three bedrooms with capacity for adding additional units, creating even more flexibility for future use.This isnt just a house on acreage. Its a private basecamp, a short term rental opportunity, an equestrian property, a potential multi residence setup, and a place where the Arizona landscape does most of the decorating.Big views. Serious

3090 E Martin Way | MLS# 7075370

This single family home located at 3090 E Martin Way, Cottonwood, AZ 86326 is currently listed for sale with an asking price of $897,000. This property was built in 1964 and has 4 bedrooms with 1590 sq. ft. E Martin Way is located in the 5 acres or more subdivision within the Mingus Union High School District school district. Search 5 Acres Or More real estate on kcatalanotto.arizonabest.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Ductless
Fireplaces: 1
Heating: See Remarks
Lot Size: 6.38 Acres
Roof Type: Composition
Stories: 1.0
Taxes: $1,799
Year Built: 1964

Feature Descriptions

Assoc. Fee Includes: No Fees
Days on Site: 2
Exterior: Wood Frame, Painted, Brick Veneer
Fireplace: Pellet Stove
Flooring: Vinyl, Stone
Horse Features: Stall, Arena
Interior: Kitchen Island
Property Sub Type: Single Family Residence
Water: Private Well

Local Schools

High School: Mingus Union High School
Middle School: Cottonwood Community School
Elementary School: Oak Creek Elementary School
School District: Mingus Union High School District

Listed By / Shown By

Listed By

Agency Name: Russ Lyon Sotheby's International Realty
Agency Phone: 928-282-5966

Shown By

Agent Name: Kim Catalanotto
Agent Phone: (602) 741-6788
Agency Title: Arizona Best Real Estate

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Estimated Payment

$ 2,407.87 per month $1,996.33 Principal & Interest $149.92 Property Tax $261.63 Homeowner's Insurance

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