855 N State Route 89 Rd. #-, Chino Valley, AZ 86323

855 N State Route 89 Rd. #-, Chino Valley, AZ 86323
Photo 1 of 20
$37,000,000
Beds Baths Sq. Ft. Taxes Built
0.00 0 $653
On the market: 63 days

Est. Monthly Payment:

$211,629($211,575 + $54 taxes*)

Don't let your dream home get away from you! Be prepared!  Get qualified for a home loan today.

APPROVED
View full details, 15 photos, school info, and price history
+/-2,036 acres adjacent to Arizona's Newest State Park! Del Rio Springs is a unique offering of prime development land. Historically enriched with ambiance of western settlements & natural beauty, Del Rio Springs will give rise to an authentic & unmatched new community with a new state park underway next door as a natural amenity. The town's new General Plan will allow for various lot sizes and a total allowed residential density of 1,188 units, along with some additional commercial use. The investment highlights include a significant water portfolio that may be used for residential development in the AMA. The terrain is rural with natural vegetation, grasslands & rolling hills offering spectacular views. Current ranching operations require permission to enter the property. HISTORY Del Rio Springs is part of Arizona's rich history conveniently located adjacent to SR-89, between Road 5 North and Bethany Lane in Chino Valley, Yavapai County, Arizona. It is the location of the original Camp Whipple established in December 1863. From January to May 1864, the site of the first Territorial Capital of Arizona was established at Del Rio Springs, operating from tents and log cabins until being moved later that year to Prescott. In 1895 a narrow-gauge branch of the United Verde and Pacific Railroad was competed, and Jerome Junction was established just south of Del Rio Springs. In 1909 AT & SF Railroad, in conjunction with the Fred Harvey organization purchased this ranch to supply all the milk and eggs to the western division of the Harvey Restaurant operations and provide wintering grounds for the famous Grand Canyon mules that took wide-eyed tourists down Bright Angel Trail. AREA " At an elevation of 4,656 and only 20 minutes from Prescott, the Town of Chino Valley offers four mild seasons and ample opportunities to enjoy the fresh air and sunshine. Shopping, restaurants, golfing and entertainment are available locally or in the neighboring communities of Prescott and Prescott Valley. " Outdoor enthusiasts can enjoy the natural and rural beauty that the Del Rio Springs community will offer or set out to explore the many nearby natural hikes, trails and hills located in the Prescott National Forest, Granite Mountain Wilderness Area, or nearby rivers and lakes. " The Verde River Headwaters State Park, an approximate 1,000-acre site currently in the planning stages for development, will be located on the east side of SR-89 directly across from the property. This new State Park will be used for historic protection and interpretation, outdoor recreation, and perseveration of the natural resources on the site. It will become an incredible natural amenity to the Del Rio Springs community. A copy of the proposed master plan for the Verde River Headwaters State Park is included on pages 14 and 15 of this brochure. " The Peavine National Recreation Trail is a beautiful trail that follows the former Santa Fe, Prescott & Phoenix Railway corridor that fed into Prescott. It is popular for hiking, mountain biking, horseback riding, and running as it traverses through the Watson Woods Riparian Preserve, winds under a canopy of trees near Granite Creek, curves around Watson Lake, and passes through the massive mounds of weather-beaten rock in the Granite Dells. With the creation of the Verde River Headwater State Park, additional portions of the Peavine Trail will be improved along the former rail bed just east of the Del Rio Springs property, eventually connecting the trail from Prescott to the Headwaters of the Verde River
Listing courtesy of Capri Barney, Land Advisors Organization