940 N Waters Edge Way, Prescott, AZ 86303

$1,299,000
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New to the Market Active
BEDS4 BATHS5 SQUARE FEET3,504 MLS#7056194
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONCREEKSIDE OF PRESCOTT PHASE 2 SCHOOLPrescott Unified District

Property Description

Prescott is a lifestyle that people travel from across the globe to experience. EVERYBODYS HOMETOWN draws visitors YEAR-ROUND for the Worlds Oldest Rodeo, the beloved Prescott Garden Tour, Whiskey Row, the Prescott National Forest, and hundreds of miles of trails winding through one of Arizonas most breathtaking landscapes. Short-term rental demand here is not seasonal. It is sustained, and growing. 940 N. Waters Edge Way is the property that captures it all. Nestled creekside in one of Prescotts most tranquil and desirable pockets, this BRAND-NEW CUSTOM-BUILT ESTATE delivers approximately 3,504 sq ft of thoughtfully designed living space, 4 bedrooms, 4.5 bathrooms, a 955 sq ft OVERSIZED-TANDEM GARAGE w/ accessory door to exterior, a 710 sq ft COVERED BALCONY, and the kind of magazine-worthy interior that commands premium nightly rates and five-star reviews. There is no HOA, giving you full flexibility to operate as a short-term rental from day one.From the moment guests arrive, the experience begins. A striking contemporary exterior with dramatic evening lighting, a paver driveway, and soaring architectural lines signal immediately that this is something different. Step inside and the design language continues: soaring ceilings, rich dark cabinetry, black marble countertops, high-end stainless appliances, and a showstopping floor-to-ceiling black marble fireplace that anchors the main living space with the kind of visual drama that photographs beautifully and books consistently. kitchen is a chefs stage. A large center island with seating for four, extra island storage and PULL OUT DRAWERS with SOFT-CLOSE HINGE doors, FULL WALK-IN PANTRY, pendant lighting, professional-grade appliances, and a layout that flows seamlessly into the living and dining areas. It is designed for GATHERING, for ENTERTAINING, and for the kind of effortless hosting that earns repeat guests.The main level features a PRIMARY PRIVATE SUITE WITH SPA RETREAT and CUSTOM WALK IN CLOSET with VELVETEEN JEWELRY STORAGE, SOFT CLOSE HINGES, and UPGRADED MIRRORED WARDROBE CLOSET. Offering single-floor living convenience for owners or guests who prefer it. Upstairs there are THREE additional bedrooms, each with its own PRIVATE BATHROOM and one with JETTED GARDEN TUB, provide the privacy and comfort that todays short-term rental guests expect and pay for. Theres a dedicated BONUS GAME ROOM/FAMILY ROOM UPSTAIRS also adding a layer of amenity that sets this property apart from competing rentals and justifies a higher nightly rate. Step outside onto the 710 sq ft covered balcony and the FULL VALUE of this location becomes undeniable. ENDLESS VIEWS of the surrounding landscape, the quiet of a CREEKSIDE neighborhood, and the CLEAN MOUNTAIN AIR of Prescotts MILE-HIGH elevation make this the outdoor living experience that guests come to Arizona to find. A 220-volt outlet is already in place in the rear yard, ready for a spa or hot tub installation, an upgrade that consistently elevates short-term rental income and guest satisfaction.The yard is INTENTIONALLY LOW-MAINTENANCE, maximizing the homes footprint and minimizing ongoing ownership costs, a critical consideration for any investment property. This is a TROPHY PROPERTY in the CREEKSIDE neighborhood, and it sits at the gateway to the PRESCOTT NATIONAL FOREST, where opening the front door is itself an invitation into nature.For investors evaluating the numbers: Prescotts short-term rental market benefits from a diverse, YEAR-ROUND demand calendar. The FRONTIER DAYS

940 N Waters Edge Way | MLS# 7056194

This single family home located at 940 N Waters Edge Way, Prescott, AZ 86303 is currently listed for sale with an asking price of $1,299,000. This property was built in 2025 and has 4 bedrooms with 3504 sq. ft. N Waters Edge Way is located in the CREEKSIDE OF PRESCOTT PHASE 2 subdivision within the Prescott Unified District school district. Search CREEKSIDE OF PRESCOTT PHASE 2 real estate on www.arizonabest.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Ceiling Fan(s), Central Air, Programmable Thmstat
Fireplaces: 1
Garage: 3
Heating: Natural Gas
Home Style: Contemporary
Lot Size: 0.26 Acres
Roof Type: Other
Stories: 2.0
Taxes: $611
Year Built: 2025

Feature Descriptions

Assoc. Fee Includes: No Fees
Days on Site: 1
Exterior: Spray Foam Insulation, Stucco
Exterior: Balcony, Rain Gutters
Fireplace: Living Room, Gas
Flooring: Vinyl, Tile
Interior: Double Vanity, Eat-in Kitchen, Breakfast Bar, Kitchen Island, Walk-in Pantry, Quartz Countertops, Master Downstairs, 9+ Flat Ceilings
Laundry: Washer Hookup, Inside
Parking: Tandem, Garage Door Opener
Property Sub Type: Single Family Residence
Special View Info: Mountain(s), Panoramic
Utilities: Natural Gas Connected
Water: Public

Local Schools

High School: Prescott High School
Middle School: Granite Mountain Middle School
Elementary School: Lincoln Elementary School
School District: Prescott Unified District

Listed By / Shown By

Listed By

Agency Name: Century 21 Toma Partners
Agency Phone: 602-954-2000

Shown By

Agency Title: Arizona Best Real Estate
Agency Phone: 480-948-4711

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Estimated Payment

$ 3,320.80 per month $2,891.01 Principal & Interest $50.92 Property Tax $378.88 Homeowner's Insurance

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