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Greer 85927
8 COUNTY ROAD 1120 Street
$3,865,682*
House - Off Market

8 COUNTY ROAD 1120 Street

Greer, AZ 85927
bedrooms
18 Beds
bathrooms
17 Baths
square feet
13676 Sqft
$2,925,000 - $3,575,000
Reference Base Price*
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

The Little Colorado River runs through this special property. The property is operated as a venue & nightly rental. This listing is for the entire 4 acres of the property, Sale includes a 9 bedroom, 9.5 bath Lodge; a 2 bedroom, 2 bath cabin with an approximate 400 sq ft deck (above a storage room for venue chairs & tables); 2 outdoor (1 wheelchair friendly) bathrooms, a 5 bedroom/3 bath cabin, 2 one bedroom+ loft cabins & enough land to build another cabin (assuming required permits from the county). The cabins are built with large natural logs, have fireplaces,  and large outdoor decks overlooking the river & the property. The grounds have a fire pits & horseshoe pits & 2 bridges This property is special! Originally a world renowned bed and breakfast, the property is now a wedding venue, reunion spot, business, church and organizational retreat and a nightly rental. Some financial information is available to qualified buyers, who sign the confidentiality agreement. Extensive remodeling has been done since purchased in 2013.  Opportunities for Buyer to Consider: 1 - continue to operate as is with a property manager; 2 an Owner/Operator has potential to improve cash flow (versus having a property manager); 3 - return the Lodge to a bed and breakfast with likely increased occupancy and cash flow; 4 - expand capacity by building another cabin on the North end of property. Buyer must honor 2021 rental commitments in place as of the date of closing.

The manager has listed the unit size as 13676 square feet.
Unit Size
13,676Ft²
Days on Market
-
Land Size
4.00 acres
Price per sqft
$238
Property Type
House
Property Taxes
$12,463
HOA Dues
-
Year Built
1994

Price History

Date / Event Date Event Price
May 1, 2021 No longer available -
No longer available
Dec 31, 2020 Price Increased $3,250,000
↑ $1M (62.5%)
Price Increased
Sep 17, 2020 Price Decreased $2,000,000
↓ $1M (38.9%)
Price Decreased
Jul 20, 2020 Price Decreased $3,275,000
↓ $225K (6.4%)
Price Decreased
May 30, 2020 Listed $3,500,000
Listed

Property Highlights

Fireplace


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200530
05/30/2020
18 Bed
17 Bath
13676 ft²
$3,500,000
bedrooms
18 Bed
bathrooms
17 Bath
square feet
13676 ft²
-
-
-
-

Building Info

8 County Rd 1120 8 County Rd 1120, Greer, AZ 85927
More about this Building
8 County Rd 1120
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About Greer


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