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4 Beds
5 Baths
3,504 sqft

$1,235,000

940 N Waters Edge Way, Prescott AZ, 86303

Price per sqft$352.45
Built in2025
Property size3,504 sqft
Property typeResidential
Courtesy of Century 21 Toma Partners, Stacy Dragos Listing Contact:

Overview

Active

Listed Jun 24, 2026

Updated 3 weeks ago

Prescott is a lifestyle that people travel from across the country to experience. Known as everybody's hometown, the area draws visitors year-round for the WORLD'S OLDEST RODEO (about to launch this JULY bringing new buyers to the market), Garden Tour, WHISKEY ROW, the PRESCOTT NATIONAL FOREST, and hundreds of miles of TRAILS winding through one of Arizona's most breathtaking landscapes. Short-term rental demand here is not seasonal. It is sustained, and it is growing. 940 N. Waters Edge Way is the property that captures it all. Nestled CREEKSIDE in one of Prescott's most tranquil and desirable pockets, this BRAND NEW CUSTOM BUILT home delivers OVER 3500 sqft of thoughtfully designed living space, 4 bedrooms, 4.5 bathrooms, a 955 sq ft OVERSIZED GARAGE, a 710 sq ft EXPANSIVE COVERED BALCONY, and the kind of MAGAZINE-WORTHY interior that commands premium nightly rates and five-star reviews. There is no HOA, giving you full flexibility to operate as a short-term rental from day one. From the moment guests arrive, the experience begins. A striking CONTEMPORARY EXTERIOR sitting on a QUIET CUL-DE-SAC with dramatic UPGRADES THROUGHOUT including a PAVER DRIVEWAY, SYNTHETIC STUCCO (huge advantage), EPOXY GARAGE FLOOR, UPGRADED GARAGE DOOR with signature WINDOWS, 220 OUTLET FOR future SPA, WIRED FOR SURROUND SOUND, OVERSIZED VIEWING WINDOWS, CONTEMPORARY STEEL FRONT DOOR, and SOARING ARCHITECTURAL LINES signal immediately that this is something different. Step inside and the design language continues: soaring ceilings, rich dark WOOD CABINETRY, QUARTZ COUNTERTOPS, and a show stopping FLOOR-TO-CEILING BLACK PORCELAIN TILE FIREPLACE that anchors the main living space with the kind of visual drama that photographs beautifully and books consistently.The kitchen, equipt with all the essentials such as: STAINLESS APPLIANCES, GAS COOKTOP (yes please), POT-FILLER (why not), PROFESSIONAL HOOD (you talk to this one), WINE COOLER (yes, this too), A LARGE CUSTOM CENER ISLAND with SOFT-CLOSE HINGES, seating four comfortably, CUSTOM PENANT LIGHTING, and a layout that flows seamlessly into the living and dining areas. It is designed for gathering, for entertaining, and for the kind of effortless hosting that earns repeat guests. Of course there's a WINE FRIDGE, EXTRA STORAGE in the ISLAND, and MASSIVE WALK IN PANTRY you'll have to visit to appreciate. The main level features a PRIVATE PRIMARY RETREAT on GROUND LEVEL offering single-floor living convenience for owners or guests who prefer it. Upstairs, three additional bedrooms, each with its own bathroom, provide the privacy and comfort that today's short-term rental guests expect and pay for. A dedicated BONUS GAME ROOM adds a layer of amenity that sets this property apart from competing rentals and justifies a higher nightly rate. Should this be a primary or secondary income producing property, what you get for the price far exceeds the competition. You simply will NOT FIND this NEW CUSTOM HOME with TREMENDOUS UPGRADES adding VALUE and SECURITY for your newest INVESTMENT. Come see what is sure to be the CLOSEST CUSTOM OF THIS QUALITY TO THE HISTORIC DOWNTOWN PRESCOTT CHARM.

$8,216/mo

Est. mortgage payment based on a $1,235,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1083133

Interior Features

Bedrooms
4
Bathrooms
5
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.26 Acres

Other Property Details

Taxes
$611
Tax Frequency
Annually
Garage
Yes
View
Yes
55+/Senior Community
No

Courtesy of Century 21 Toma Partners, Stacy Dragos

Listing Contact:  

Listings courtesy of Prescott Area Association of Realtors as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Real Prescott Property Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS. 

Based on information submitted to the MLS GRID as of 6:07 AM UTC on 9/23/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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