Sold for $1,400,000

Zestimate^®

$1,400,000

228 Caballo Dr, Sedona, AZ 86336

4beds

3baths

563sqft

Condominium

Built in 1977

-- sqft lot

$1,400,000 Zestimate^®

$2,485/sqft

$2,329 Estimated rent

Home value

$1,400,000

$1.33M - $1.47M

$2,329/mo

Zestimate^® history

Owner options

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$2,329/mo

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$2,329/mo

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$6,432/mo

Est. payment

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$6,432/mo

Est. payment

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What's special

Turnkey Sedona Short Term Rental (Management in Place): 96percent Occupancy & Iconic Views. Experience a high-performing STR estate generating over 13k in monthly peak revenue. This stabilized asset features a rare 4BR layout, including a private-entry Casita for maximum booking flexibility. Designed for the ultimate guest experience, the interior boasts a Great Room, game room (poker/pool), and chef's kitchen with a kiva banquette. Outdoor amenities include a 9-person rooftop deck with 360 views of Elephant & Cathedral Rock, a private hot tub, and a BBQ patio. Located just 2 blocks from the legendary Broken Arrow Trailhead--the 'walkable adventure' guests crave. Sold turnkey with proven 2026 financials. A rare opportunity to acquire a top-tier, low-risk Sedona business.Secluded yet centra

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3

Heating

Forced Air, Electric, Other

Cooling

Central Air, Ceiling Fan(s)

Appliances

Included: Electric Range, Washer/Dryer

Features

Eat-in Kitchen, Kitchen Island, Pantry
Flooring: Ceramic Tile, Laminate, Wood
Windows: Double Pane Windows
Has fireplace: Yes
Fireplace features: Wood Burning Stove

Interior area

Total structure area: 2,485
Total interior livable area: 563.38 sqft

Property

Parking

Total spaces: 2
Parking features: Carport
Garage spaces: 2
Has carport: Yes

Features

Levels: One
Patio & porch: Covered Patio, Deck
Exterior features: Other
Has view: Yes
View description: Mountain(s), Other

Lot

Size: 0.34 Acres
Features: Landscaped
Topography: Level

Details

Additional structures: Guest House
Parcel number: 40152032

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Roof: Rolled/Hot Mop,Tile

Condition

Year built: 1977

Utilities & green energy

Water: Private
Utilities for property: Cable Available, Phone Available, Electricity Available, Natural Gas Available

Community & HOA

Community

Subdivision: Casa Manana

Location

Region: Sedona

Financial & listing details

Price per square foot: $2,485/sqft
Tax assessed value: $991,489
Annual tax amount: $3,635
Date on market: 4/17/2026
Cumulative days on market: 70 days
Listing terms: 1031 Exchange,Cash,Conventional,FHA
Road surface type: Other

Price history

Date	Event	Price
6/25/2026	Sold	$1,400,000+7.7%$2,485/sqft
Source: NAZMLS #204100 Report a problem
3/27/2026	Listed for sale	$1,300,000+67.7%$2,308/sqft
Source: ARMLS #7004750 Report a problem
2/25/2020	Sold	$775,000-6.1%$1,376/sqft
Source: ARMLS #520849 Report a problem
1/22/2020	Pending sale	$825,000$1,464/sqft
Source: Coldwell Banker Residential Brokerage - Sedona - Village of Oak Creek #520849 Report a problem
9/2/2019	Listed for sale	$825,000+50%$1,464/sqft
Source: Coldwell Banker Residential Brokerage #520849 Report a problem
12/7/2015	Listing removed	$550,000$976/sqft
Source: RE/MAX SEDONA #507909 Report a problem
9/27/2015	Listed for sale	$550,000$976/sqft
Source: RE/MAX Sedona #507909 Report a problem
9/12/2015	Pending sale	$550,000$976/sqft
Source: RE/MAX Sedona #507909 Report a problem
8/24/2015	Listed for sale	$550,000+34.1%$976/sqft
Source: RE/MAX Sedona #507909 Report a problem
2/15/2013	Sold	$410,000-8.7%$728/sqft
Source: Public Record Report a problem
5/19/2012	Price change	$449,000-4.3%$797/sqft
Source: Coldwell Banker First Affiliate #132791 Report a problem
4/12/2012	Listed for sale	$469,000+61.7%$832/sqft
Source: Coldwell Banker/1st Aff Br#2 #132791 Report a problem
11/13/2000	Sold	$290,000+132%$515/sqft
Source: SVVAR #371526 Report a problem
11/7/1996	Sold	$125,000$222/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$3,635 +4.9%	$99,149 +0.8%
2025	$3,463 +5.1%	$98,332 +4.9%
2024	$3,296 +3.7%	$93,764 +27.2%
2023	$3,179 +3.2%	$73,707 +31%
2022	$3,081 -1.5%	$56,247 +36.7%
2021	$3,128 +16.3%	$41,146 -3.3%
2020	$2,689 +2%	$42,532 +5.8%
2019	$2,637	$40,202 +1.8%
2018	$2,637 +2.3%	$39,500 +3.2%
2017	$2,577 +5.3%	$38,267 +8.6%
2016	$2,447	$35,233 -5.2%
2015	$2,447 +4%	$37,160 +17.8%
2014	$2,354	$31,547
2013	--	--
2012	--	--
2011	--	--
2010	$2,552 +7.6%	--
2009	$2,371 +13.7%	--
2008	$2,086	--
2007	--	--
2006	$1,926	--
2005	--	--
2004	--	--
2003	--	--
2002	--	--
2001	--	--