NOT LISTED FOR SALE

2665 S Peaktop View Dr Cottonwood, AZ 86326

Estimated Value: $1,578,000 - $1,672,000

5 Beds
6 Baths
4,283 Sq Ft
$378/Sq Ft Est. Value

Sale Details

Date Sold: July 23, 2024

Last sale price $1,750,000 $409 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $9,388 / mo

4 Days on Market

Highlights

  • Horses Allowed On Property
  • Solar Power System
  • 5.22 Acre Lot
  • Private Pool
  • City View
  • Contemporary Architecture

About This Home

As of July 2024

Views, solitude, quiet, and a luxury resort feeling best describe your experience at this home. Escape the ordinary and the commotion of the outside world when you withdraw into this refuge with both nature and comfort. Welcome to your Oasis. Designed by John T. Pela, this home is architecturally stunning and unique. Sitting on a slightly elevated 5.22 acre lot, you are offered breathtaking panoramic views from almost every part of the property. Each of it's 5 bedrooms has it's own full bathroom with Jacuzzi tubs and walk-in closets. Your guests also have access to an additional ensuite bathroom with shower that is accessible from the backyard and your 19,000 gallon Pebble Tec Pool, which has been completely renovated. Entertain and relax on your 5000sqft walled patio with utmost privacy, and enjoy the spectacular landscaping lights throughout the property which give this home a magical feeling at night. Lose yourself in the generously sized primary suite with a spa-styled bath, spacious sitting area, cozy gas log fireplace and custom large walk-in closet which can be closed with a custom designed glass door. Enjoy a corner jetted soaking tub below 3 reflective large glass windows that provide full light and view to colorful flowers and views of the Mingus Mountains, all while retaining total privacy. The Foyer is made for entertainment, with soaring ceilings, a gas fireplace and full access to the backyard, pool area, and guest bathroom. Proceeding down the hallway is an open concept kitchen with 16ft ceilings, styled with precious stone quality "Storm Front" pattern Quartzite tile countertops, surrounding art galleria above; a center island with Viking gas range and vent; built in Dacor Double ovens, oversized Sub-Zero refrigerator, plentiful cabinetry storage and a walk-in pantry. Quartzite is a natural stone that forms 100% organically, deep within the earth, that is then extracted in blocks by quarrying. Quartzite is between 1.6-1.7 billion years old, making it some of the oldest and hardest rock in the world. The kitchen and a nearby open informal dining area spill out to the peaceful patio and backyard, where views of the mountains and Mogollon Rim await; Perfect for morning coffee, easy grilling, outdoor dining and sunset refreshments all with a world class backdrop. The generous and welcoming family room also features 16ft ceilings with picture windows offering views of the pool and surrounding landscape. This is a warm gathering hub of the home and is showcased by a solid sheet of granite rock that is framed beautifully around the natural gas log fireplace. This is a relaxing environment and is connected to the house network, while also offering connections to built-in speakers, internet, telephone. Next, imagine a laundry room that, for once, is not skimping on space! The custom precious stone "High Point" pattern quartzite counter for folding is over 12 feet long, with built in drawers below and closed shelves above. The counter also includes a farm-style washing sink. There is over 6 additional feet left for your washer and dryer (either natural gas or electric) as well as an additional freezer and refrigerator. The room is 7.5 feet wide. The unique hexagonal room, which was planned as a dining room, serves as a meeting place for visitors and a wonderful study, as the tall windows allow an abundance of light. The nearly 700sqft garage has a 2-ton SEER electric mini-split for heating and cooling, and is currently used as an exercise area. The backyard features a natural gas grill, 8 large palm trees, and is equipped with Sedona Red tinted rock and concrete. There a plethora of trees, shrubs, cacti and fruit-trees that are all set on timed irrigation for a no-hassle experience that makes everything easy to maintain. You may notice the top-tier array of solar panels on the east side of the property. Fitted with 68 panels of Canadian Solar products, bifacial modules which are ground mounted with a gravel pad underneath for maximum reflection. There are 4 Sunny Boy 7.7kw inverters and small metal shed to house and protect the inverters. Operational since 2021. The home also has a 24KW whole house natural gas generator. There are many walking paths and peaceful sitting areas sprawled amongst your 5+ acres. Enjoy the large water feature pond and shaded bench. Adjacent to the water feature is a 120ft x 40ft grassy, partially shaded, enclosed play area - perfect for family and pets. This area is secured with metal fencing and mesh for added protection from unwanted critters. There are 3 large trees the line this area, along with a covered ramada. This is the perfect place to enjoy the view, relax with family on the grass, or stargaze at night without worry. This is also monitored by a cctv system that can used from inside the home to keep an eye on your loved ones. There is also a large 2nd enclosed grass area with gazebo that was used for dog training or for children's play, again offering views of the Sedona Red Rocks and Mingus Mountains. A local vineyard specialist has opined that the soil on property would be fine for growing grapes for wine, as is done in the nearby Page Springs and Cornville areas. In addition to the above, there is EVEN MORE to showcase - Please inquire for the FULL list of property upgrades and notes, as this estate has been meticulously maintained and documented with complete detail. This home is move-in ready and the owners are excited to share their labor of love with a new buyer. Call today for the chance to own your new Oasis Retreat.

Last Agent to Sell the Property

Jake Hefner

Citiea License #SA692690000 Listed on: 04/10/2024

Citiea

Co-Listed By

Zachary Massey

Citiea

Last Buyer's Agent

Taylor Coleman- Underwood

RE/MAX Sedona License #SA682595000

RE/MAX Sedona

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,419

Year Built

  • Built in 2001

Lot Details

  • 5.22

Parking

  • 3 Car Garage

Property Views

  • City
  • Mountain
  • Desert

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof
  • Stone Exterior Construction

Interior Spaces

  • 4,283 Sq Ft Home
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den
  • Security System Owned

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 6 Full Bathrooms
  • Separate Shower in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Private Pool
  • Covered Patio or Porch
  • Built-In Barbecue

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Propane
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Stepless Entry
  • Solar Power System
  • 5.22 Acre Lot
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 40615479a

Community Details

Overview

  • 5 Acres Or More Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,419

Year Built

Built in 2001

Lot Details

5.22 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Tax Year: 2023
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 5.22
  • Road Surface Type: Paved
  • Co List Office Mls Id: hagu01
  • Co List Office Phone: 480-998-0110
  • Subdivision Name: 5 Acres or More
  • Architectural Style: Contemporary
  • Efficiency: Solar Panels
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Appliances: Dishwasher, Disposal, Refrigerator, Microwave
  • Accessibility Features: Zero-Grade Entry
  • Full Bathrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Interior Amenities: Full Bth Master Bdrm, Separate Shwr & Tub, Breakfast Bar, Pantry, Kitchen Island, Vaulted Ceiling(s), Central Vacuum
  • Living Area: 4283.0
  • Window Features: Dual Pane, Skylight(s)

Exterior Features

  • Fencing: Back Yard
  • Exterior Features: Built-in Barbecue
  • Pool Private: Yes
  • View: Mountain(s), City, Desert, Red Rocks/Boulders
  • Common Walls: All on One Level
  • Construction Type: Wood Frame, Stone
  • Foundation Details: Slab
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile

Garage/Parking

  • Parking Features: RV Access/Parking, Garage Door Opener, Off Street
  • Attached Garage: No
  • Garage Spaces: 3.0

Utilities

  • Utilities: Propane, Natural Gas Available, Phone Available
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Natural Gas, Other
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company, Other

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 227383.0
  • Parcel #: 40615479a

Green Features

  • Green Water Conservation: Recirculation Pump

Tax Info

  • Tax Annual Amount: 5419.0
  • Tax Lot: NA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2024
Closed on
Jul 16, 2024
Sold by
Richard And Michele Palmer Living Trust and Palmer Richard L
Bought by
Cavanaugh Terrence J and Cavanaugh Cheryl C
Seller's Agent
Jake Hefner
Citiea
Buyer's Agent
Taylor Coleman- Underwood
RE/MAX Sedona
List Price
$1,795,000
Sold Price
$1,750,000
Premium/Discount to List
-$45,000
-2.51%
Views
22
Current Estimated Value
$1,618,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$131,333
Avg. Annual Appreciation
-4.54%

Purchase Details

Closed on
Aug 23, 2016
Sold by
Palmer Richard L and Palmer Michele M
Bought by
Palmer Richard L and Palmer Michele M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
3.45%
Mortgage Type
VA

Purchase Details

Closed on
Feb 26, 2004
Sold by
Kayjo Development Llc
Bought by
Palmer Richard L and Palmer Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
5.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cavanaugh Terrence J $1,750,000 Pioneer Title
Palmer Richard L -- Yavapai Title Agency Inc
Palmer Richard L -- Yavapai Title Agency Inc
Palmer Richard L $75,000 First American Title Ins Co
Palmer Richard L $680,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palmer Richard L $660,000
Previous Owner Palmer Richard L $544,000
Previous Owner Palmer Richard L $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2024 07/23/24 Sold $1,750,000 -2.5% $409 / Sq Ft
04/14/2024 04/14/24 Pending -- -- --
04/10/2024 04/10/24 For Sale $1,795,000 -- $419 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $8,038 $143,097 -- --
2024 $5,419 $142,487 -- --
2023 $5,419 $118,802 $18,055 $100,747
2022 $5,390 $100,264 $16,967 $83,297
2021 $5,724 $94,010 $17,846 $76,164
2020 $5,677 $0 $0 $0
2019 $5,627 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 535811

Arizona Regional Multiple Listing Service (ARMLS)

APN: 406-15-479A

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