Steps from the magical banks of Oak Creek and less than a mile from Red Rock Crossing Vortex sits a unique gated compound nestled on over an acre with private gate to Coconino National Forest. This one-of-a-kind property offers views of Cathedral Rock and a sprawling backyard perfectly set up to host gatherings, retreats, weddings and other private events. TWO structures here include the 1086 sf main home with 2 bed/1 bath and large wraparound deck PLUS a 756 sf 2.5 car garage with lift and workshop AND 1 bed/1 bath 804 sf apartment built in 2007 featuring a full kitchen, dining and living area with two-way fireplace and French doors that leading to private balcony to take in all the viewpoints. Below the apartment is a 600 sf (approx) downstairs game room, bar, wine cellar, walk-in vault and walk-out patio that leads to the expansive backyard. The possibilities here are endless and AirBnB friendly. This isn't just a home; it's a unique experience that offers a lifestyle you won't find anywhere else. Rainbow Lane is all about relaxation and enjoying the beauty of the surroundings. Price is reflective of some unfinished work left for the next owner to make it the masterpiece it is destined to become.
Sold for $1,065,000
$1,065,000
70 Rainbow Lane, Sedona, AZ 86351
3beds
2baths
1,890sqft
Single Family Residence
Built in 1991
1.03 Acres Lot
$1,203,600 Zestimate®
$563/sqft
$3,811 Estimated rent
Home value
$1,203,600
$1.08M - $1.35M
$3,811/mo
Zestimate® history
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$4,840/mo
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Zillow last checked:
Listing updated:
Listed by:
Aimee M Nairn 602-550-9985,
Compass,
Rodney A Coty 602-570-2689,
Compass
Bought with:
Amy C Tedrick, SA697965000
Non-MLS Office
Source: ARMLS,MLS#: 6602991
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Other, Propane
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dryer, Washer, Water Softener Owned, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Gas Range, Gas Oven
Features
- Eat-in Kitchen, Pantry, Full Bth Master Bdrm
- Flooring: Tile
- Has basement: Yes
- Has fireplace: Yes
- Fireplace features: Gas
Interior area
- Total structure area: 1,890
- Total interior livable area: 1,890 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Garage spaces: 3
Features
- Stories: 1
- Patio & porch: Patio
- Pool features: None
- Spa features: None
- Fencing: Chain Link
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 1.03 Acres
- Features: Grass Back
Details
- Additional structures: Guest House
- Parcel number: 40818004B
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco, Wood Frame
- Roof: Composition
Condition
- Year built: 1991
Utilities & green energy
- Water: Private Well
- Utilities for property: Propane
Community & HOA
Community
- Subdivision: RED ROCK CROSSING ESTATES
HOA
- Has HOA: No
- Services included: No Fees
Location
- Region: Sedona
Financial & listing details
- Price per square foot: $563/sqft
- Tax assessed value: $994,738
- Annual tax amount: $4,109
- Date on market: 9/15/2023
- Cumulative days on market: 10 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 9/29/2023 | Sold | $1,065,000-2.7%$563/sqft |
Source:  ARMLS #6602991 Report a problem | ||
| 9/25/2023 | Pending sale | $1,095,000$579/sqft |
Source:  SVVAR #533964 Report a problem | ||
| 9/15/2023 | Listed for sale | $1,095,000-27%$579/sqft |
Source: SVVAR #533964 Report a problem | ||
| 8/8/2022 | Listing removed | -- |
Source: SVVAR #530563 Report a problem | ||
| 7/27/2022 | Listed for sale | $1,500,000$794/sqft |
Source: SVVAR #530563 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,767 +13.7% | $59,117 +5% |
| 2024 | $4,191 +2% | $56,301 -56.1% |
| 2023 | $4,109 -2.6% | $128,367 +36.4% |
| 2022 | $4,218 +0% | $94,111 +21.4% |
| 2021 | $4,216 +8.1% | $77,502 -4.3% |
| 2020 | $3,899 +5.1% | $80,980 |
| 2019 | $3,709 +2.4% | -- |
| 2018 | $3,621 +2% | -- |
| 2017 | $3,550 +4.6% | -- |
| 2016 | $3,394 +6.3% | -- |
| 2015 | $3,195 | -- |
| 2014 | $3,195 | -- |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | $3,085 | $37,210 |
| 2010 | -- | -- |
| 2009 | $1,649 +11.3% | -- |
| 2008 | $1,481 | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Neighborhood: 86351
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Nearby schools
GreatSchools rating
- 9/10West Sedona Elementary SchoolGrades: PK-6Distance: 3.5 mi
- 5/10Sedona Red Rock High SchoolGrades: 6-12Distance: 1.9 mi
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Estimated market value
$1,203,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,203,600
- Arizona
- Yavapai County
- Sedona
- 86351
- 70 Rainbow Lane
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