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$1,150,000

Beds
4
Baths
4.0
sq ft
3,038

88 Chapel Rd, Sedona, AZ 86336

88 Chapel Rd

Sedona, AZ 86336

  • 181 days on market
    • Price drop $50,000↓
    • Open house Apr 12
Discover this exciting opportunity in Mystic Hills Subdivision! The charm of living in the prestigious Mystic Hills subdivision, where breathtaking views and serenity await! This remarkable property offers a rare chance to own a custom 3-bedroom,3-bath main home, along with an attached 690-square-foot studio. With a total of 3,038 square feet of living space, this beauty is priced at $1,150,000, reflecting an incredible cost of just $375 per square foot. While the home is not permitted for short-term rentals (minimum 6-month lease required), this presents a unique opportunity for families or individuals seeking a peaceful retreat away from the hustle and bustle. The property does require some updates and maintenance, allowing you to infuse your personal style and vision while gaining instant equity in this multimillion-dollar luxury community. Tucked away off the road, the home offers surprising privacy and tranquility to enjoy the peaceful surroundings without distractions! The attached studio is a 1 Bedroom, 1 Bathroom, perfectly suited for guests, a home office, or even a mother-in-law suite Total Living Space: 3,038 Sq. Ft. $1,150,000 Cost Per Square Foot: $375 Minimum Rental Policy 6-month lease. The nearby adventure of the Little Horse Trail offers outdoor enthusiasts a moderately challenging mountain bike or hike with stunning views, birding opportunities, and a chance to explore the natural beauty of Sedona. Whether you seek solitude or an adventure-filled lifestyle, this location has it all. For qualified buyers, OWNER FINANCING is available at 4.75% interest, with 50% down and a 5-year balloon, a fantastic financing option. Seize this incredible opportunity to make your mark in the highly desirable Mystic Hills community. With a little TLC, this home can shine, and you can enjoy the serenity and beauty Sedona has to offer.

Details

Property type

Single Family Residence

Est. home value

$1,517,957

Lot size

0.44 acres

Price per sq ft

$379

Year built

1996

Annual property taxes

$4,183

HOA fee

$633

Price History

01/24/2025
ArizonaRegional

ArizonaRegional #6769249

Price change
$1,150,000
-4.17%
12/06/2024
ArizonaRegional

ArizonaRegional #6769249

Price change
$1,200,000
-2.04%
10/10/2024
ArizonaRegional

ArizonaRegional #6769249

Listed
$1,225,000
-3.16%

Schools & Community

Elementary school: 

West Sedona Elementary School

Middle school: 

Sedona Red Rock Junior/Senior High School

High school: 

Sedona Red Rock Junior/Senior High School

Community features: 

Tennis Court(s), Clubhouse, Fitness Center, Pool

High school district: 

Sedona-Oak Creek JUSD #9

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

$809,390
Asking price
$1,150,000
Closing costs (~8% of asking)
-$92,000
Est. remaining loan balance
-$248,610
Cash to seller
$809,390

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

May 2021

Original loan amount

$271,500

Est. remaining balance

$248,610

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Brett Crary and Lauren Crary

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: 04/10/2025 at 3:55 AM

Listing updated: 04/08/2025 at 7:51 AM

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

MLS: ArizonaRegional #6769249

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