694 Sunrise, Prescott, AZ 86301

$549,953
Property Type: Multi-Family Square Footage: 2,741 Lot Size (sq. ft.): 14,375 Status: Active
Current Price: $549,953 List Date: 3/11/2026 Last Modified: 4/06/2026

Description

Nestled in the highly desirable Yavapai Hills community in the heart of Prescott, this view property offers a rare combination of flexibility, income potential, and long-term value. With breathtaking views and a thoughtfully designed layout, this home is an outstanding opportunity for buyers seeking a multi-generational setup, multi-family-style living, or strong rental potential. The main level features 1,488 square feet with three bedrooms, two bathrooms, a spacious living room, and two dining areas that provide flexibility for everyday living and entertaining. Large windows fill the home with natural light while showcasing Prescott's beautiful landscape. Step outside onto the expansive deck to enjoy morning coffee, evening sunsets, and the peaceful setting that makes Yavapai Hills one of Prescott's most sought-after neighborhoods. The roof was replaced in 2023, offering added peace of mind for years to come. The lower level adds exceptional versatility with 1,252 square feet of private guest quarters and its own separate side entrance, making it especially appealing for multi-family use or rental income. This space includes two bedrooms, one bathroom, a large living room, a kitchenette, generous storage, and a private deck. Whether used for extended family, adult children, long-term guests, or as an income-producing rental space, this lower level offers the kind of flexibility that is increasingly hard to find. For buyers looking for a property that can serve multiple needs, this home stands out. The separate living areas create an ideal setup for multi-generational households, shared living arrangements, or owners who want to offset their mortgage with rental income. With its functional layout and private lower-level quarters, this property offers excellent potential as a high-demand rental or dual-living opportunity. Located just minutes from shopping, dining, medical facilities, and downtown Prescott, this property offers the perfect balance of privacy, views, and convenience. Opportunities like this do not come along often. Whether you are looking for a spacious home with room for extended family or a property with excellent rental potential in one of Prescott's premier communities, this home delivers.

More Information MLS# 1080180

Contract/Address/Legal

List Price/SqFt: 201 Rent/Lease: No Neighborhood: N/A REO/Short Sale: Not Applicable Zoning: PAD Assessor's Book #: 103 Assessor's Map #: 20 Assessor's Parcel #: 85 Legal: YAVAPAI HILLS UNIT 1 PHASE 1 AMENDED LOT 84 CONT .33AC SEC 32 -14-1W M&P 19/70-76

General Property Description

Aprx Acres: 0.33 Lot #: 84 Lot Size: 14,375 HOA Y/N: Yes HOA Dues $: 440 Source of Measuremnt: County Assessor Stories: 1 Management: Mgmt Company HOA Frequency: Annually Solar Y/N: No Total Liveable SqFt: 2741 Year Built: 1984 Cap %: 2.2 Baths - Full: 2

Tax Info

Taxes: 1893 Tax Year: 2025

Remarks & Misc

Directions: From Hwy 69 in Prescott, head North on Sunrise Blvd. Follow until you see Willet Crt on the left and make a U-turn. Home is right away on the right. Remarks: Nestled in the highly desirable Yavapai Hills community in the heart of Prescott, this view property offers a rare combination of flexibility, income potential, and long-term value. With breathtaking views and a thoughtfully designed layout, this home is an outstanding opportunity for buyers seeking a multi-generational setup, multi-family-style living, or strong rental potential. The main level features 1,488 square feet with three bedrooms, two bathrooms, a spacious living room, and two dining areas that provide flexibility for everyday living and entertaining. Large windows fill the home with natural light while showcasing Prescott's beautiful landscape. Step outside onto the expansive deck to enjoy morning coffee, evening sunsets, and the peaceful setting that makes Yavapai Hills one of Prescott's most sought-after neighborhoods. The roof was replaced in 2023, offering added peace of mind for years to come. The lower level adds exceptional versatility with 1,252 square feet of private guest quarters and its own separate side entrance, making it especially appealing for multi-family use or rental income. This space includes two bedrooms, one bathroom, a large living room, a kitchenette, generous storage, and a private deck. Whether used for extended family, adult children, long-term guests, or as an income-producing rental space, this lower level offers the kind of flexibility that is increasingly hard to find. For buyers looking for a property that can serve multiple needs, this home stands out. The separate living areas create an ideal setup for multi-generational households, shared living arrangements, or owners who want to offset their mortgage with rental income. With its functional layout and private lower-level quarters, this property offers excellent potential as a high-demand rental or dual-living opportunity. Located just minutes from shopping, dining, medical facilities, and downtown Prescott, this property offers the perfect balance of privacy, views, and convenience. Opportunities like this do not come along often. Whether you are looking for a spacious home with room for extended family or a property with excellent rental potential in one of Prescott's premier communities, this home delivers.

Building Type

Other - See Remarks: 1

Construction

Frame - Wood: 1

Cooling

Ceiling Fan(s): 1 Central Refriger: 1 See Remarks: 1

External Amenities

Landscaped: 1 Patio/Deck/Balcony: 1 Other - See Remarks: 1

Flooring

Carpet: 1 Tile: 1 Vinyl: 1

Heating

Forced - Gas: 1 Natural Gas: 1

Owner Pays

Other - See Remarks: 1

Records Available

Other - See Remarks: 1

Road Frontage Type

City Street: 1

Road Surface Type

Paved: 1

Road Responsibility

City Maintained Road: 1

Roof

Other - See Remarks: 1

Showing Requirements

Vacant Go Show: 1

Terms & Conditions

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

Utilities Installed

220: 1 Cable TV: 1 Electricity: 1 Natural Gas: 1 Telephone: 1 Underground: 1 Water - City: 1 WWT - City Sewer: 1

Water Heater

Natural Gas: 1

ContractAddressLegal

Original List Price: 574982 Listing Date: 2026-03-11 Status: Active Listing Price: 549953 Street #: 694 Street Name: Sunrise City/Township: Prescott State: AZ Zip Code: 86301 Subdivision: Yavapai Hills County: Yavapai Tax Parcel: 103-20-085

Property Features

Building Type: Other - See Remarks Construction: Frame - Wood Cooling: Ceiling Fan(s); Central Refriger; See Remarks External Amenities: Landscaped; Patio/Deck/Balcony; Other - See Remarks Flooring: Carpet; Tile; Vinyl Heating: Forced - Gas; Natural Gas Owner Pays: Other - See Remarks Records Available: Other - See Remarks Road Frontage Type: City Street Road Surface Type: Paved Road Responsibility: City Maintained Road Roof: Other - See Remarks Showing Requirements: Vacant Go Show Utilities Installed: 220; Cable TV; Electricity; Natural Gas; Telephone; Underground; Water - City; WWT - City Sewer Water Heater: Natural Gas
Listing Office: Rent Right and Home Right
Last Updated: April - 06 - 2026
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