$1,395,000
$100K PRICE DROP

481 Palmer Place W Prescott, AZ 86303

Estimated payment $7,897/month

Total Views 807
3 Beds
3 Baths
2,839 Sq Ft
$491 Price per Sq Ft

Highlights

  • Mountain View
  • Contemporary Architecture
  • Covered patio or porch
  • Taylor Hicks School Rated A-
  • Private Yard
  • Skylights

About This Home

Absolutely stunning and truly one-of-a-kind, perched just above iconic Mount Vernon Avenue, this exceptional custom residence offers a rare combination of privacy, design, and breathtaking panoramic views of the Granite Dells and San Francisco Peaks—all while being moments from the heart of downtown Prescott and ponderosa pine forest nearby. Thoughtfully designed for luxury living and seamless entertaining, the open-concept floorplan welcomes you with soaring ceilings, a striking stone fireplace, and expansive windows that frame the dramatic landscape. The chef-inspired kitchen features Cafe appliances, a massive center island, under-cabinet lighting, elegant tilework, a vegetable crisper, double dishwasher and refined finishes that elevate every detail.
The all-tile flooring flows effortlessly into the spacious primary suite, a private sanctuary offering direct access to the expansive covered Trex deck, perfect for morning coffee or sunset lounging. Indulge in the spa-like bath with a freestanding soaking tub, walk-in tiled shower, and custom closet. Two additional bedrooms are joined by a stylish Jack and Jill bath with a private shower area.

Outdoors, the home is just as impressive with professional landscaping, an inviting firepit for evening gatherings, paver pathways and driveway that blend beauty and function.

From its premier location to its elevated design, this home offers a rare opportunity to own a masterpiece in one of Prescott's most desirable settings.

Listing Agent

Cynthia Eastwood

West USA Realty of Prescott License #BR566333000 Listed on: 07/09/2025

West USA Realty of Prescott

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $750

Year Built

  • Built in 2025

Lot Details

  • 0.42 Acre Lot
  • Partially Fenced Property
  • Private Yard

HOA Fees

  • $108 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,839 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Tile Flooring
  • Mountain Views
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Schools

  • Lincoln Elementary School
  • Granite Mountain Middle School
  • Prescott High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered patio or porch

Community Details

  • Association fees include street maintenance
  • Palmer Hill HOA, Phone Number (928) 776-4479
  • Built by Primetime Homes
  • Palmer Hill Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 110-03-095

Home Details

Home Type

Single Family

Est. Annual Taxes

$750

Year Built

Built in 2025

Lot Details

0

HOA Fees

$108 per month

Parking

3

Listing Details

  • Cross Street: Gurley Street
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 108.33
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2025
  • Tax Year: 2024
  • Directions: South on Mount Vernon, Right on Palmer Pace E , the Left Palmer Place W to the top of hill on the right.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.42
  • Subdivision Name: Palmer Hill
  • Architectural Style: Contemporary
  • New Construction: No
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 325.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: NewHome

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2839.0
  • Stories: 1
  • Window Features: Skylight(s), Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Partial
  • Exterior Features: Private Yard
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back
  • View: Mountain(s)
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Covered Patio(s)
  • Property Condition: Complete Spec Home
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Construction Status:Complete Spec Home: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 325.0
  • Association Fee Frequency: Quarterly
  • Association Name: Palmer Hill HOA
  • Phone: 928-776-4479
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Palmer Hill HOA
  • Association Fees:HOA Telephone4: 928-776-4479
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Disclosure Fees HOA: 200.0
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Street Maint

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Prescott High School
  • Junior High Dist: Prescott Unified District
  • Middle Or Junior School: Granite Mountain Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 18295.0
  • Parcel #: 110-03-095

Building Info

  • Builder Name: Primetime Homes

Tax Info

  • Tax Annual Amount: 750.0
  • Tax Book Number: 110.00
  • Tax Lot: 7
  • Tax Map Number: 3.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $750 -- -- --
2024 $735 -- -- --
2023 $735 $13,642 $13,642 $0
2022 $720 $13,192 $13,192 $0
2021 $751 $12,978 $12,978 $0
2020 $752 $0 $0 $0
2019 $743 $0 $0 $0
2018 $716 $0 $0 $0
2017 $683 $0 $0 $0
2016 $830 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 Price Changed $1,395,000 -5.7% $491 / Sq Ft
07/14/2025 07/14/25 Price Changed $1,480,000 -1.0% $521 / Sq Ft
07/09/2025 07/09/25 For Sale $1,495,000 +1893.3% $527 / Sq Ft
02/28/2020 02/28/20 Sold $75,000 -52.8% --
01/29/2020 01/29/20 Pending -- -- --
05/13/2014 05/13/14 For Sale $159,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $75,000 Yavapai Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $565,000 Construction
Closed $30,000 Seller Take Back
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6891184

Arizona Regional Multiple Listing Service (ARMLS)

APN: 110-03-095