Tucked away in the highly sought-after Williamson Valley area of Prescott, this rare 5-acre property offers the perfect blend of privacy, flexibility, and breathtaking views. Featuring a well-appointed 677 sq ft cottage with 1 bedroom + Loft and 1 bathroom, this property is ideal for those looking to live simply now while building something extraordinary for the future. The existing cottage provides comfortable, functional living with all the essentials, making it the perfect temporary residence as you design and construct your dream home. Once complete, the cottage easily transitions into a guest house, private retreat, or income-producing opportunity. Enjoy wide-open space, stunning panoramic views, and the peace and quiet of Northern Arizona living, all with the convenience of a private well and septic already in place. With ample room for a custom home, shop, toys, animals, or additional improvements, the possibilities here are endless. Whether you're looking to build now or invest for the future, this property offers a unique opportunity to create your ideal lifestyle in one of Prescott's most desirable rural settings.