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$4,645,000

Beds
7
Baths
5.0
sq ft
4,630

40 Roadrunner Ln, Sedona, AZ 86336

40 Roadrunner Ln

Sedona, AZ 86336

  • 352 days on market
    • Price drop $50,000↓
PRICE REDUCTION! STR PERFORMING WITH OVER $415k WORTH OF RESERVATIONS from October 2023 until August 2025! Step into luxury living with this exquisite 7-bedroom, 5-bathroom home, perfectly situated in the heart of Sedona with NO HOA! Boasting a modern design, this property is a true entertainer's dream, offering the perfect blend of sophistication and comfort. As you enter through the grand foyer, you'll be greeted by a spacious open-concept great room and kitchen, creating a seamless flow for social gatherings. The split floor plan ensures privacy, with the primary bedroom boasting a luxurious walk-in shower, deluxe soaking tub and also features a spacious walk-in closet. The primary also has direct access to the pool area. The gated pool area includes a salt water pool, jacuzzi, and fire pit which is perfect for relaxation or hosting unforgettable events. The kitchen is a chef's delight, equipped with top-of-the-line appliances, including a Monogram refrigerator, Wolf oven & range, gas stove, and wine fridge. Stainless steel appliances complement the modern aesthetic! Upstairs, a media room with a wet bar awaits, surrounded by floor-to-ceiling windows that open to an upper balcony, offering panoramic views of Sedona's breathtaking red rock landscape. Four additional bedrooms, each with its own bathroom and ceiling fans, complete the second floor. Practicality meets luxury with features such as a 3-car garage, storage room, and mudroom area with ample storage, and two tankless water heaters. Just a 10-minute walk to Oak Creek and near the intersection of 89A and Hwy 179, this home is centrally positioned in Sedona, providing easy access to Uptown Sedona, Hillside Plaza, Art Galleries, Historical Tlaquepaque Village, shopping, world-class dining, hiking, biking, and so much more! The convenience of no HOA adds to the appeal of this private gem, offering a lock-and-leave lifestyle. For a full priced offer, the property comes fully stocked with new furniture, appliances, washer, dryer, lighting fixtures, decor, dishware, and linens, making it move-in ready for the fortunate buyer! Property is currently being used as a Short Term Rental so it's perfect for someone looking for an income generating property. Come experience Sedona luxury living at its finest!

Details

Property type

Single Family Residence

Est. home value

$368,725

Lot size

0.23 acres

Price per sq ft

$1,004

Year built

2023

Annual property taxes

$1,228.5

Price History

07/30/2024
ArizonaRegional

ArizonaRegional #6620196

Price change
$4,645,000
-1.06%
06/25/2024
ArizonaRegional

ArizonaRegional #6620196

Price change
$4,695,000
-2.09%
04/23/2024
ArizonaRegional

ArizonaRegional #6620196

Price change
$4,795,000
-1.13%

Schools & Community

Elementary school: 

Red Rock Elementary School

Middle school: 

Red Rock Elementary School

High school: 

Red Rock Elementary School

High school district: 

Sedona-Oak Creek Joint Unified District

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$2,589,946
Asking price
$4,645,000
Closing costs (~8% of asking)
-$371,600
Est. remaining loan balance
-$1,683,454
Cash to seller
$2,589,946

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Washington Federal Bank

Loan start date

July 2022

Original loan amount

$1,732,860

Est. remaining balance

$1,683,454

Interest rate

5.3%

Loan type

New Conventional, 32 year

Seller

Troy C Myers

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 10/05/2024 at 9:30 PM

Listing updated: 09/27/2024 at 11:59 AM

Listed by: Jonathan Badiaco, Williams Luxury Homes Phone #: (602) 920-6297

MLS: ArizonaRegional #6620196

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