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Sold

70 Rainbow Lane

70 Rainbow Lane, Sedona, AZ 86351

$1,065,000
Steps from the magical banks of Oak Creek and less than a mile from Red Rock Crossing Vortex sits a unique gated compound nestled on over an acre with private gate to Coconino National Forest. This one-of-a-kind property offers views of Cathedral Rock and a sprawling backyard perfectly set up to host gatherings, retreats, weddings and other private events. TWO structures here include the 1086 sf main home with 2 bed/1 bath and large wraparound deck PLUS a 756 sf 2.5 car garage with lift and workshop AND 1 bed/1 bath 804 sf apartment built in 2007 featuring a full kitchen, dining and living area with two-way fireplace and French doors that leading to private balcony to take in all the viewpoints. Below the apartment is a 600 sf (approx) downstairs game room, bar, wine cellar, walk-in vault and walk-out patio that leads to the expansive backyard. The possibilities here are endless and AirBnB friendly. This isn't just a home; it's a unique experience that offers a lifestyle you won't find anywhere else. Rainbow Lane is all about relaxation and enjoying the beauty of the surroundings. Price is reflective of some unfinished work left for the next owner to make it the masterpiece it is destined to become.

3
beds

2
baths

1,890 Sq.Ft. LIVING AREA

1.03 Acres lot

Features & Amenities

Interior

  • total bedrooms3
  • Total bathrooms2
  • Flooring Tile
  • Fireplace Gas
  • other interior Features Eat-in Kitchen, Pantry, Full Bth Master Bdrm

Area & Lot

  • Status Sold
  • Living Area1,890 Sq.Ft.
  • Lot Area1.03 Acres
  • MLS® ID6602991
  • TypeResidential
  • YEAR BUILT1991
  • Water Frontage['Grass Back']
  • View DescriptionMountain(s)
  • Elementary SchoolOut of Maricopa Cnty
  • Middle SchoolOut of Maricopa Cnty
  • High SchoolOut of Maricopa Cnty
  • School DistrictSedona-Oak Creek Joint Unified District

Exterior

  • STORIES1
  • Garage Space3.0
  • water SourceWell - Pvtly Owned
  • utilitiesPropane
  • PoolNone
  • roofComposition, Rolled/Hot Mop
  • lot featuresGrass Back
  • HEAT TYPEPropane
  • AIR CONDITIONINGRefrigeration, Ceiling Fan(s)
  • sewerSeptic in Cnctd
  • HOA AmenitiesNone
  • other exterior FeaturesOther, Patio

Financial

  • Sales Price$1,065,000
  • Real Estate Tax $4,109/yr

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