1478 Varsity Drive, Prescott, AZ 86301

$699,900
Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 3,049 Lot Size (sq. ft.): 9,583 Status: Active
Current Price: $699,900 List Date: 5/08/2026 Last Modified: 5/18/2026

Description

Perched above Watson Lake with sweeping views of the Granite Dells, Willow Lake, and surrounding mountains, this spacious home offers an incredible blend of scenery, functionality, and flexible living space. The pavered entry welcomes you into an open-concept main level featuring extensive tile flooring, a gas fireplace with stacked stone surround, and oversized windows designed to capture the stunning lake and hillside views. The kitchen is equipped with granite countertops, stainless steel appliances, abundant cabinetry, and a floating island, all opening seamlessly to the main living and dining areas. Just off the kitchen is a French-door office with a closet, offering the flexibility to serve as an additional bedroom if desired. The primary suite enjoys beautiful lake and Granite Dells views along with a spacious ensuite bath featuring dual vanities, a soaking tub, walk-in shower, and generous closet space. The upper level also has a full bathroom and bedroom perfect for guests. Downstairs, you'll find an enormous secondary living area with laminate vinyl flooring, built-in bookcases, two additional bedrooms, a full bathroom, and an impressive amount of storage space. The lower level also offers direct backyard access, making it ideal for guests, multigenerational living, hobbies, or entertaining. Step outside to multiple outdoor living spaces including an elevated deck with panoramic views, a paver patio, additional sitting area, and a private hot tub that conveys with the property. Low-maintenance landscaping complements the natural beauty surrounding the home. Additional features include a water softener and leased solar system for improved energy efficiency.

More Information MLS# 1081838

Contract/Address/Legal

List Price/SqFt: 230 Residential Type: Site Built Single Family Land Lease: No Residential Status: Existing REO/Short Sale: Not Applicable Zoning: BG (PAD) Assessor's Book #: 105 Assessor's Map #: 4 Assessor's Parcel #: 321 Legal: FALCON POINT AT PRESCOTT LAKES LOT 29 CONT .22AC SEC 23&24 -14-2W M&P 59/5-7

General Property Description

Aprx Acres: 0.22 HOA Y/N: Yes Split Bedroom Plan: Yes HOA Dues $: 61 HOA Dues Due: Monthly HOA Type: Subdivision Stories: 2 Aprx SqFt: 3049 Source of Measurement: County Assessor Garage Attached: 2 Garage Detached: 0 Carport Attached: 0 Carport Detached: 0 Total Parking: 2 Home Warranty: None Solar Y/N: Yes Grid Type: On Grid Ownership Type: Leased Age Restrictions Y/N: No HOA 2: Yes Bedrooms: 5 Baths - Full: 3 Total Bathrooms: 3 Year Built: 2017 Total Liveable SqFt: 3049 Total Garage: 2

Tax Info

Taxes: 2379 Tax Year: 2025

Remarks & Misc

Directions: Heading north on Hwy 89, turn left onto Prescott Lakes Pkwy, take the first right into Astoria, take a right on Varsity Dr and go around the loop, the property will be on the right. Remarks: Perched above Watson Lake with sweeping views of the Granite Dells, Willow Lake, and surrounding mountains, this spacious home offers an incredible blend of scenery, functionality, and flexible living space. The pavered entry welcomes you into an open-concept main level featuring extensive tile flooring, a gas fireplace with stacked stone surround, and oversized windows designed to capture the stunning lake and hillside views. The kitchen is equipped with granite countertops, stainless steel appliances, abundant cabinetry, and a floating island, all opening seamlessly to the main living and dining areas. Just off the kitchen is a French-door office with a closet, offering the flexibility to serve as an additional bedroom if desired. The primary suite enjoys beautiful lake and Granite Dells views along with a spacious ensuite bath featuring dual vanities, a soaking tub, walk-in shower, and generous closet space. The upper level also has a full bathroom and bedroom perfect for guests. Downstairs, you'll find an enormous secondary living area with laminate vinyl flooring, built-in bookcases, two additional bedrooms, a full bathroom, and an impressive amount of storage space. The lower level also offers direct backyard access, making it ideal for guests, multigenerational living, hobbies, or entertaining. Step outside to multiple outdoor living spaces including an elevated deck with panoramic views, a paver patio, additional sitting area, and a private hot tub that conveys with the property. Low-maintenance landscaping complements the natural beauty surrounding the home. Additional features include a water softener and leased solar system for improved energy efficiency.

Construction

Frame - Wood: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1 Zoned: 1

Flooring

Carpet: 1 Tile: 1 Vinyl: 1

Heating

Forced Air: 1 Natural Gas: 1 Zoned: 1

Possession

At Recordation: 1

Records Available

None: 1

Road Frontage Type

City Street: 1 Private Road: 1

Road Surface Type

Paved: 1

Style

Contemporary: 1 Multi-Level: 1 Walkout Basement: 1

Road Responsibility

City Maintained Road: 1 Subdivision Maintained Road: 1

Roof

Concrete Tile: 1

Interior Features

Ceiling Fan(s): 1 Data Wiring: 1 Eat-in Kitchen: 1 Fireplace-Gas: 1 Garage Door Opener(s): 1 Granite Counters: 1 Kitchen Island: 1 Liv/Din Combo: 1 Master On Main: 1 Rev Osmosis System: 1 Smoke Detector(s): 1 Spa/Hot Tub: 1 Walk-In Closet(s): 1 Wash/Dry Connection: 1 Water Pur. System: 1

Terms & Conditions

1031 Exchange: 1 Conventional: 1 FHA: 1 VA: 1

Exterior Features

Deck - Covered: 1 Driveway-Paver: 1 Fence - Backyard: 1 Landscaping-Front: 1 Landscaping-Rear: 1 Level Entry: 1 Patio - Covered: 1 Patio - Open: 1 Porch - Covered: 1 Screens/Sun Screens: 1 Spa/Hot Tub: 1 Storm Gutters: 1

Utilities Installed

220: 1 Cable TV: 1 Electricity: 1 Individual Meter: 1 Leased - Other: Solar Sol/Gen/Wnd: 1 Water - City: 1 WWT - City Sewer: 1

Water Heater

Natural Gas: 1 Re-Circulating: 1

Appliances

Cooktop: 1 Dishwasher: 1 Disposal: 1 Dryer: 1 Gas Range: 1 Microwave: 1 Oven: 1 Range: 1 Refrigerator: 1 Washer: 1 Water Softener Owned: 1

Topo/Location

Hillside: 1 Other Trees: 1 Sloped - Gentle: 1 Views: 1 Other - See Remarks: 1

Green Building Verification Type

ENERGY STAR Certified Homes: 1

Green Energy Efficient

Construction: 1 Insulation: 1 Roof: 1

Green Water Conservation

Efficient Hot Water Distribution: 1

Foundation/Basement

Bsmt - Finished: 1 Bsmt - Plumbed: 1 Bsmt - Sump Pump: 1 Bsmt - Walkout: 1

Window/Coverings

Aluminum Frames: 1 Double Pane Windows: 1 Horizontal Blinds: 1 Screens: 1 Vertical Blinds: 1

Views

Boulders: 1 Glassford Hill: 1 Granite Mountain: 1 Lake: 1 SF Peaks: 1

Pets/Animals

Domestics: 1

Other Rooms

Family Room: 1 Great Room: 1 Laundry Room: 1 Media Room: 1 Storage: 1 Study/Den/Library: 1 Other - See Remarks: 1

Subdivision Features

Club House: 1 Fitness/Exercise Cnt: 1 Gated Community: 1 Golf-Private: 1 Handball: 1 Membership Required: 1 Pool: 1 Restaurant: 1 Spa/Hot Tub: 1 Tennis: 1

HOA2

HOA 2 Name: The Club at Prescott HOA 2 Amount: 164.63 HOA 2 Frequency: Monthly HOA 2 Contact #: 928-443-3500 Managed By: Professional Required: Required

ContractAddressLegal

Original List Price: 699900 Listing Date: 2026-05-08 Status: Active Listing Price: 699900 Street #: 1478 Street Name: Varsity St Suffix: Drive City/Township: Prescott State: AZ Zip Code: 86301 County: Yavapai Subdivision: Falcon Point At Prescott Lakes Tax Parcel: 105-04-321

Property Features

Style: Contemporary; Multi-Level; Walkout Basement Construction: Frame - Wood Interior Features: Ceiling Fan(s); Data Wiring; Eat-in Kitchen; Fireplace-Gas; Garage Door Opener(s); Granite Counters; Kitchen Island; Liv/Din Combo; Master On Main; Rev Osmosis System; Smoke Detector(s); Spa/Hot Tub; Walk-In Closet(s); Wash/Dry Connection; Water Pur. System Exterior Features: Deck - Covered; Driveway-Paver; Fence - Backyard; Landscaping-Front; Landscaping-Rear; Level Entry; Patio - Covered; Patio - Open; Porch - Covered; Screens/Sun Screens; Spa/Hot Tub; Storm Gutters Appliances: Cooktop; Dishwasher; Disposal; Dryer; Gas Range; Microwave; Oven; Range; Refrigerator; Washer; Water Softener Owned Heating: Forced Air; Natural Gas; Zoned Cooling: Ceiling Fan(s); Central Air; Zoned Green Building Verification Type: ENERGY STAR Certified Homes Green Energy Efficient: Construction; Insulation Green Water Conservation: Efficient Hot Water Distribution Flooring: Carpet; Tile; Vinyl Utilities Installed: 220; Cable TV; Electricity; Individual Meter; Sol/Gen/Wnd; Water - City; WWT - City Sewer Roof: Concrete Tile Views: Boulders; Glassford Hill; Granite Mountain; Lake; SF Peaks Water Heater: Natural Gas; Re-Circulating Road Frontage Type: Private Road; City Street Road Surface Type: Paved Road Responsibility: City Maintained Road; Subdivision Maintained Road Other Rooms: Family Room; Great Room; Laundry Room; Media Room; Storage; Study/Den/Library; Other - See Remarks Records Available: None Subdivision Features: Club House; Fitness/Exercise Cnt; Gated Community; Golf-Private; Handball; Membership Required; Pool; Restaurant; Spa/Hot Tub; Tennis Possession: At Recordation
Listing Office: eXp Realty
Last Updated: May - 18 - 2026
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