Ten fully furnished unitsThree well-appointed studiosSeven spacious suites
Mansion by the Square represents a distinguished vacation rental destination with significant investment potential. This historic property has undergone extensive capital improvements while preserving its rich local heritage, offering guests an authentic and memorable experience in a prime location. Strategically positioned in close proximity to Courthouse Square, the property provides guests with convenient access to an array of dining establishments, retail shops, and community events. The building comprises ten fully furnished units, including seven spacious suites and three well-appointed studios, catering to a diverse range of guest preferences and group sizes. The property's rental strategy demonstrates strong growth potential. Initial rates were deliberately set at competitive entry points to establish market presence and generate positive reviews across major vacation rental platforms. This approach has proven successful, with rental rates now experiencing steady upward momentum as the property's reputation continues to strengthen. With its combination of historical character, modern improvements, strategic location, and demonstrated revenue growth trajectory, Mansion by the Square presents an exceptional opportunity for investors seeking to enter or expand within the thriving vacation rental market.
150 days
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564
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16
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Zillow last checked:
Listing updated:
Listed by:
Matthew Fish480-309-1089,
Arizona Commercial,
Denise Raney928-710-2094,
Arizona Commercial
Source: PAAR as distributed by MLS GRID,MLS#: 1079524
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 5
Heating
Radiant, See Remarks
Cooling
Ceiling Fan(s), Room Refrigeration
Appliances
Laundry: Laundry Facilities
Features
Flooring: Wood
Has fireplace: No
Interior area
Total structure area: 7,274
Total interior livable area: 7,274 sqft
Property
Features
Exterior features: Balcony, Sprinkler/Drip
Lot
Size: 8,276 Square Feet
Features: Landscaped
Details
Parcel number: A
Zoning: BG
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Frame
Roof: Other
Condition
Year built: 1895
Utilities & green energy
Electric: 220 Volts
Sewer: City Sewer
Water: Public
Utilities for property: Electricity Available, Natural Gas Available
Community & HOA
HOA
Has HOA: No
Location
Region: Prescott
Financial & listing details
Price per square foot: $302/sqft
Annual tax amount: $2,947
Date on market: 2/12/2026
Cumulative days on market: 150 days
Electric utility on property: Yes
Road surface type: Paved
Estimated market value
Zestimate®
$2,081,200
Estimated sales range
$1.98M - $2.19M
Rent Zestimate®
$1,387/mo
Price history
Date
Event
Price
3/6/2026
Price change
$2,195,000-6%$302/sqft
Source: PAAR as distributed by MLS GRID #1079524Report a problem
2/12/2026
Listed for sale
$2,335,000-8.4%$321/sqft
Source: PAAR as distributed by MLS GRID #1079524Report a problem
10/7/2024
Listing removed
$2,550,000$351/sqft
Source: PAAR as distributed by MLS GRID #1064449Report a problem
4/19/2024
Price change
$2,550,000-10.1%$351/sqft
Source: PAAR as distributed by MLS GRID #1063793Report a problem
11/27/2023
Price change
$2,835,000-10%$390/sqft
Source: PAAR as distributed by MLS GRID #1054262Report a problem
7/10/2023
Price change
$3,150,000-10%$433/sqft
Source: PAAR as distributed by MLS GRID #1054262Report a problem
3/1/2023
Listed for sale
$3,500,000+116.3%$481/sqft
Source: PAAR as distributed by MLS GRID #1054262Report a problem
12/17/2020
Sold
$1,618,000-1.9%$222/sqft
Source: PAAR as distributed by MLS GRID #1032506Report a problem
9/19/2020
Pending sale
$1,650,000$227/sqft
Source: Realty ONE Group Mountain Desert #1032506Report a problem
9/3/2020
Listed for sale
$1,650,000+150.4%$227/sqft
Source: Realty ONE Group Mountain Desert #1032506Report a problem
11/2/2018
Sold
$659,000-5.9%$91/sqft
Source: PAAR as distributed by MLS GRID #1012438Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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