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Lake Montezuma

Lake Montezuma

Neighborhood in Camp Verde, Arizona

Yavapai County 86335

$394,482 Average Value
$294 Average Price per Sq Ft
33 Homes For Sale

Frontier living at the desert's edge

Named for a limestone sinkhole and indigenous settlement listed on the National Register of Historic Places, Lake Montezuma retains its wealth of natural beauty nine centuries after its first settlement. Realtor Dyanna Nichols with Realty ONE Group Mountain Desert Sedona, who has sold several homes in the area, says , “Lake Montezuma is also known as Rimrock, but I call it the ‘last frontier of the Verde Valley’ because it’s the least developed, and you can get the most bang for your buck .” Unlike densely populated Phoenix or even nearby Cottonwood, Lake Montezuma’s community of more than 5,000 residents is both sprawling and sparsely populated, as many home have acres of desert between them. With direct access to Interstate 17, residents of Lake Montezuma have expedient journeys to the urban hub of Cottonwood and the entertainment that Camp Verde offers, all while living in scenic seclusion on the edge of the desert.
Most people think Arizona is flat, but Lake Montezuma is anything but.
Most people think Arizona is flat, but Lake Montezuma is anything but.
Visitors of Lake Montezuma’s Montezuma Well are greeted with a dramatic first view.
Visitors of Lake Montezuma’s Montezuma Well are greeted with a dramatic first view.
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Hiking and heritage sites in Lake Montezuma

Lake Montezuma is surrounded by opportunities for outdoor recreation, including trips to historic natural features. Beaver Creek runs through the heart of the neighborhood and towards the Montezuma Well, a large sinkhole named for an Aztec god and the site of ruins from the ancient Sinagua people. Hikers can walk around the sinkhole and view dwellings cut into the cliffsides around 800 years ago; at the southern end of Lake Montezuma, the related Montezuma Castle National Monument offers a similar experience. Adventurous residents can make their own desert adventures in the wealth of wildlands that surround this community. “Rimrock and Lake Montezuma also border national forest land, meaning that, if you have the luxury of owning horse property, you can take your horses out on the trails that are deemed ridable,” Nichols says. “Some trails are just for feet only, for biking or motorized vehicles, and some allow horses.” Hiking trails branch off from Lake Montezuma’s rural roads, leading through desert scrubland in the shadow of the Mogollon Rim’s towering mountains. “The hiking trail accessibility is nice, and the terrain is more barren, so you don’t have as much thick shrubbery or as many taller juniper trees like Sedona. It’s a more open, rugged feel,” Nichols adds. More relaxed recreation can be had at places like Sycamore Park, which has a small playground, or at Lake Montezuma, a popular destination for picnics and duck-watching.
Beaver Creek runs through Lake Montezuma’s Sycamore Park.
Beaver Creek runs through Lake Montezuma’s Sycamore Park.
Montezuma Castle National Monument in Camp Verde is a unique hidden treasure.
Montezuma Castle National Monument in Camp Verde is a unique hidden treasure.
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Homes with the desert as a back yard

Lake Montezuma was first developed in the 1950s, but a settlement called Rimrock existed three decades before them; today, both names are commonly used. Homes dating to the mid-20th century mingle with recently built ranch-style, Pueblo and New Traditional residences. Ranch-style homes typically cost between $170,000 and $405,000, while newer homes can cost between $500,000 and $1.23 million. All of these homes tend to be situated along quiet streets, some of them with vast stretches of undeveloped land between them. “It doesn’t really have community amenities like a grocery store, but it does have that rural, ‘Wild, Wild West’ feel because it’s the least-developed community in our area,” Nichols says. “It’s got the lowest price per square foot anywhere in the Verde Valley.”
A few new builds can be found throughout Lake Montezuma.
A few new builds can be found throughout Lake Montezuma.
Colorful homes are not uncommon in Lake Montezuma.
Colorful homes are not uncommon in Lake Montezuma.
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Career readiness at Cottonwood's high school

Students can start their education at the Beaver Creek School, a K-8 school which Niche gives a B-minus rating. High schoolers can choose to attend Camp Verde, Mingus Union or Red Rock High Schools, with Cottonwood’s Mingus Union High School having the highest grade among them, a B, and the C-rated Camp Verde High School being closest in proximity. Mingus Union has a wealth of extracurricular activities that build career readiness, including Auto Club, Debate Club and Future Farmers of America.
Lake Montezuma’s Beaver Creek School is rated a B- from Niche.com.
Lake Montezuma’s Beaver Creek School is rated a B- from Niche.com.
Football is popular at Cottonwood’s Mingus Union High School.
Football is popular at Cottonwood’s Mingus Union High School.
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Grabbing a bite from small, local businesses

As a deeply rural community, Lake Montezuma doesn’t have access to many brand-name retailers; however, this shapes part of this neighborhood’s charm. “People trying to get away from the big, big city think it’s quaint to support a local business, and, in, Lake Montezuma and other areas in the Verde Valley, there’s a big emphasis on family-owned and little businesses like mom-and-pop restaurants and shops,” Nichols says. “Peach Tree Café is a sweet little place, baking from scratch. Robbie’s is a little, local dive bar and pizza place, and a lot of my friends who live over in Rimrock really like it.” A local Dollar General keeps residents’ shelves stocked, while neighboring Camp Verde has a Bashas’ supermarket.
Find unique items at Cattle Guard Antiques and Gifts near Lake Montezuma, by the cattle guard.
Find unique items at Cattle Guard Antiques and Gifts near Lake Montezuma, by the cattle guard.
Grab a tasty lunch and a milkshake at Robbie’s in Lake Montezuma.
Grab a tasty lunch and a milkshake at Robbie’s in Lake Montezuma.
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Commuting into Cottonwood

Lake Montezuma’s remote location means that there are no public transport options, but Interstate 17 carries travelers into Camp Verde within an 11-mile journey and the urban and healthcare hub of Cottonwood within 18 miles.
Lake Montezuma resident use I-17 to travel south to Phoenix and north to Flagstaff.
Lake Montezuma resident use I-17 to travel south to Phoenix and north to Flagstaff.
Lake Montezuma residents looking for a burger can head to Cottonwood’s Bing’s Burger Station.
Lake Montezuma residents looking for a burger can head to Cottonwood’s Bing’s Burger Station.
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Jacob Adelhoch
Written By
Jacob Adelhoch
Ryan Nelson
Photography Contributed By
Ryan Nelson
Zack Kojoyian
Video By
Zack Kojoyian

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Bryce Hill, an experienced agent in this neighborhood.

Parks in this Area

Crime and Safety

1 - Low Crime, 10 - High Crime Lake Montezuma US
Homicide 4 4
Sexual Assault 4 4
Assault with Weapon 3 4
Robbery 3 4
Burglary 4 4
Motor Vehicle Theft 3 4
Larceny 2 4
Crime Score 3 4

Source: WhatIsMyCrimeRisk.com

Lake Montezuma Demographics and Home Trends

Housing Trends

Median List Price
$400,500
Median Sale Price
$392,000
Median Single Family Sale Price
$394,500
Median Townhouse Sale Price
$110,950
Median 2 Bedroom Sale Price
$214,000
Median Change From 1st List Price
4%
Last 12 months Home Sales
108
Median Home Sale Price YoY Change
16%
Average Price Per Sq Ft
$294

Neighborhood Facts

Number of Homes in Neighborhood
970
Number of Homes for Sale
33
Median Year Built
1995
Months of Supply
3.70
Average Single Family Home Size Sq Ft
1,651
Below the national average
1,937
Average Townhouse Size Sq Ft
903
Average 2 Bedroom Size Sq Ft
1,209
Average 1 Bedroom Size Sq Ft
436
Median Lot Size Sq Ft
17,859

Open Houses

  • Friday, May 9
    9am - 2pm

    4095 N Nachez Dr, Rimrock, AZ 86335

    $317,500

    • 2 Beds
    • 2 Baths
    • 1,015 Sq Ft
    • 4095 N Nachez Dr
    • New 15 days ago

    WELCOME TO YOUR CLEAN HAPPY PLACE. As you pull in to the parking area notice the pristine landscaping and porch extended with pavers. The garage comes equipped with a Maytag washer and dryer. Upon entrance you are greeted by a fireplace and vaulted ceiling in great room that flawlessly connects living dining and kitchen areas. Large windows flood the space with natural light and brand new LVP

    Jared English Congress Realty

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  • Wednesday, May 14
    8:30 - 11am

    4480 N Culpepper Ranch Rd, Rimrock, AZ 86335

    $975,000

    • 2 Beds
    • 2 Baths
    • 960 Sq Ft
    • 4480 N Culpepper Ranch Rd
    • New 21 days ago

    Please note that this sale includes TWO adjacent parcels with separate homes and APNs. A piece of Arizona history, this property was once a bustling stagecoach stop. Features include the original stagecoach mini-barn and tack room; keep history alive by bringing your horses out to enjoy! The five acre property includes a four bedroom, two bathroom home with an open layout and plenty of room for

    Holly Zamora Coldwell Banker Northland

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  • Wednesday, May 14
    8:30 - 11am

    4500 N Culpepper Ranch Rd, Rimrock, AZ 86335

    $675,000

    • 4 Beds
    • 2 Baths
    • 2,097 Sq Ft
    • 4500 N Culpepper Ranch Rd
    • New 21 days ago

    Welcome to your sanctuary in Rimrock! Surrounded by Arizona's high desert landscape, this property offers peace, privacy, and natural beauty.Set on just under five acres, this is a dream come true for horse lovers and outdoor enthusiasts alike. Explore dry Beaver Creek and ancient caves, and horse trails right on the property! The four bedroom, two bathroom home provides an open layout and plenty

    Holly Zamora Coldwell Banker Northland

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Bryce Hill, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
4,729
Median Age
48
Population Density
1 person/acre
Population under 18
20.8%
On par with the national average
23.8%
Population over 65
28%
Above the national average
19.1%

Finances

Median Household Income
$44,874
Significantly below the national average
$71,702
Average Household Income
$67,241

Education and Workforce

High School Graduates
92%
College Graduates
18.7%
Below the national average
34.1%
Advanced Degrees
9.9%
% Population in Labor Force
46.8%
Below the national average
65.1%

Weather

Annual Precipitation
17''
Average Winter Low Temperature
22°F
Average Summer High Temperature
97°F
Annual Snowfall
19''

Area Factors

Somewhat Bikeable

Bike Score®

3 / 100

Car-Dependent

Walk Score®

18 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Reviews

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Lake Montezuma