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$1,600,000

Beds
2
Baths
2.0
sq ft
1,399

1733 South Sugarloaf Road, Cornville, AZ 86325

1733 South Sugarloaf Road

Cornville, AZ 86325

  • 75 days on market
    • Price drop $200,000↓
Beloved Gardens: An Oak Creek Waterfront Creative Haven. Step into the enchanting world of Beloved Gardens, a cherished Oak Creek frontage sanctuary nestled in the heart of a picturesque landscape with three notable buildings and 2 more ready to complete. Years of love have added the lush gardens that prompted the name of this place. This 3.77-acre oasis is a testament to creativity and passion for nature. Zoned for horses and livestock, this property offers endless possibilities for those seeking a peaceful retreat or a place to connect with nature and water. Immerse yourself in the world of Beloved Gardens, where nature and creativity converge in a harmonious symphony. Experience the transformative power of this unique space and be transported to a realm where beauty and artistry intertwine in perfect harmony, surrounded by the soothing sounds of Oak Creek and the abundance of nature. Features: - Lush gardens teeming with mature and productive fruit trees, including apples, apricots, peaches, pistachios, paw paw, persimmon, jujubes, white mulberries, black bamboo, and red hawthorne - Serene and inspiring surroundings - Thoughtfully designed outdoor spaces that invite contemplation, creativity, and connection with nature - A harmonious blend of art and nature, with sculptures and installations dotting the landscape - Sustainable practices integrated into the garden's design - A place of beauty and captivating inspiration - A testament to the owners' love for the land and their dedication to creating a space that nurtures both the soul and the senses Additional Features: - Property sits has 220 feet of Oak Creek frontage on both sides (440 ft total) offering a tranquil and picturesque setting with plentiful fish, wildlife and seasonal fireflies. - Two wells and a hand pump provide ample water supply for the gardens, ensuring the lush vegetation thrives - Two 3,000-gallon holding tanks store water for irrigation, allowing for sustainable water management practices -400 amp electric service to handle high electrical loads for multiple buildings - A root cellar adds a touch of rustic charm and practicality to the property, providing storage for produce and other essentials - 2 chicken coops with roosts and feeders to house dozens of chickens - Sheep pen with shelters and feeder Current Buildings on the Property: - A flex building of 414 sq feet with a bathroom, offering versatile space for various uses - A 248 square foot straw bale building, adding a touch of rustic charm to the property - A 185 square foot studio, providing a serene space for your endeavors - A 1399 square foot earth ship home with an attached 180 sq ft greenhouse, blending sustainability with unique architectural design By investing in Beloved Gardens you have the opportunity to capitalize and secure a property with built-in equity. With the potential for the two additional auxiliary buildings to be completed, adding significant value to the property, buyers can further enhance their equity position. This unique opportunity to purchase a property below market value and potentially increase its worth through development makes Beloved Gardens a compelling investment choice. Analysis: By purchasing this property at $1.8M, you are buying equity with the potential for up to a 10% under market value. With the completion of the two additional auxiliary buildings -one is a 3 bed 2 bath 2000 sq ft. modern home with engineered design completed and an additional 3,200 sq.ft + ready to go building - the property's value and amenities will be significantly enhanced to an estimated value of $2.6M, making it a lucrative investment opportunity. The serene setting on Oak Creek adds to the property's appeal, offering a one of a kind opportunity for a tranquil and picturesque backdrop for all creative endeavors and the nature-inspired living.

Details

Property type

Single Family Residence

Property condition

Under Construction

Lot size

3.77 acres

Price per sq ft

$1,144

Year built

1995

Annual property taxes

$2,607

HOA

No

Price History

11/28/2024
ArizonaRegional

ArizonaRegional #6767899

Price change
$1,600,000
-11.11%
10/08/2024
ArizonaRegional

ArizonaRegional #6767899

Listed
$1,800,000

Schools & Community

Elementary school: 

Desert Star

Middle school: 

Out of Maricopa Cnty

High school: 

Out of Maricopa Cnty

High school district: 

Mingus Union High School District

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Status: Active

Tomo last checked: 12/22/2024 at 2:45 PM

Listing updated: 12/12/2024 at 8:05 AM

Listed by: Amy D Brown, Coldwell Banker Realty Phone #: (928) 282-4666

MLS: ArizonaRegional #6767899

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