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Listed price in listed location currency (USD).
$15,000,000

000

MLS® 1079756

Overview

Key Facts

Type Other
Levels Residential Income
Size -
Garage No
Maintenance Fees 
Taxes $107,763
Days Active 2
Approx. Age 2005
MLS® Number 1079756

Property Address: 10000 E University Drive, Prescott Valley, AZ, 86314

Average square foot calculated using Size range provided by listing agent.

Description

Fully Entitled, Shovel-Ready Senior Living Development Opportunity | Prescott Valley, ArizonaOffered for sale is a fully entitled, shovel-ready Senior Living development ideally located in the heart of Prescott Valley, Arizona--one of Northern Arizona's fastest-growing retirement markets. The project is anchored by an existing 54, 552 square foot, three-story former university building, which is planned to serve as the community's central hub. This structure is well-suited to accommodate a wide range of community and care-related uses, including memory care, medical clinic space, restaurant and dining facilities, wellness and fitness amenities, and residential units.The development is fully approved for up to 259 residential units consisting of a thoughtfully designed mix of apartments, single-family cottages, and townhomes. The project allows for either a 55+ Active Adult community or a full Continuing Care Retirement Community (CCRC), providing flexibility to meet evolving market demand. Planned amenities include multiple dining venues, pickleball and tennis courts, and additional lifestyle and wellness features designed to support a vibrant senior living environment.Strategically positioned near the center of Prescott Valley, the property benefits from convenient access to major arterial roadways and is located less than two miles from the area's primary retail and medical corridor, which includes regional shopping, dining, entertainment, banking, professional services, and hospital facilities. The site also offers attractive mountain views and proximity to abundant outdoor recreational opportunities.Importantly, the project is situated within a rapidly expanding growth corridor, with surrounding land planned for approximately 2, 000 additional single-family homes and complementary commercial development, further enhancing long-term demand and investment value.
MLS® Number1079756
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2005
Stories3
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 23, 2026List Date
$15,000,000List Price

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