140 E CORTEZ Drive A101, Sedona, AZ 86351

New Listing
$310,000
Property Type: Residential Bedrooms: 1 Baths: 1 Square Footage: 1 Lot Size (sq. ft.): 320 Status: Active
Current Price: $310,000 List Date: 2/26/2026 Last Modified: 2/26/2026

Description

Welcome to 140 E Cortez Dr, Unit A101 - a rare opportunity to acquire a fully operational, income-producing short-term rental in one of Sedona's most desirable vacation destinations. This 100% turnkey investment is being offered fully furnished, allowing the next owner to seamlessly continue operations and generate immediate revenue from day one. Every detail has already been thoughtfully curated to provide guests with a comfortable, inviting experience, making this property truly ready to go. This successful vacation rental boasts a strong occupancy history and consistent year-over-year profitability, with detailed financial records available to qualified buyers. With Sedona short-term rentals averaging strong occupancy rates and approximately $47,000 in annual revenue on average, the

Supplements: The property itself offers approximately 640 square feet of efficient living space with a well-designed 1-bedroom, 1-bath floor plan--ideal for couples, solo travelers, and vacationing guests seeking an authentic Sedona experience. Its manageable size, low-maintenance footprint, and turnkey presentation make it an ideal investment for both experienced and first-time short-term rental owners. Why Sedona is One of the Best Short-Term Rental Markets in the Country: Sedona is widely recognized as one of the most sought-after vacation destinations in the Southwest, attracting nearly 3 million visitors annually who come for its world-famous red rock scenery, outdoor recreation, vibrant arts scene, and year-round tourism economy. Tourism is the driving force behind Sedona's economy, generating over $1 billion annually and supporting more than 10,000 jobs, which creates sustained demand for quality vacation rental properties. Short-term rental performance in Sedona remains exceptionally strong, with approximately 70% average booking rates and nightly rates averaging over $270 per night, demonstrating the area's robust income potential and consistent guest demand. Guests are drawn to Sedona for: World-renowned hiking, mountain biking, and outdoor adventure Stunning red rock views and natural beauty A thriving arts, dining, and cultural scene Year-round tourism and mild climate Close proximity to wineries, golf, and luxury resort experiences This unbeatable combination makes Sedona one of Arizona's premier short-term rental investment markets. Investment Highlights: Fully furnished and turnkey short-term rental Proven income history with financials available High occupancy rate and strong cash flow potential Immediate revenue opportunity - no setup required Located in one of Sedona's most desirable visitor areas Ideal for investors seeking passive income or a vacation home with rental upside Whether you are looking to expand your investment portfolio, generate passive income, or own a vacation retreat that pays for itself, this turnkey Sedona short-term rental presents an exceptional opportunity in one of Arizona's most profitable and in-demand vacation rental markets.

More Information MLS# 6989714

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No List Price: $310,000 Status: Active Current Price: $310,000 List Date: 2026-02-25

Location, Tax & Legal

Unit #: A101 Assessor's Map #: 41 Legal Description (Abbrev): OAK CREEK VILLAS CONDOMINIUMS BUILDING A UNIT 101A CONT .01AC SEC 18-16-6E M&P 58/74-80 Assessor's Parcel #: 69 Assessor Parcel Ltr: A Tax Municipality: Yavapai - COUNTY Taxes: 569 House Number: 140 Compass: E Street Name: CORTEZ St Suffix: Drive City/Town Code: Sedona State/Province: AZ Zip Code: 86351 Zip4: 6942 County Code: Yavapai Assessor Number: 405-41-069-A Subdivision: OAK CREEK VILLAS CONDOMINIUMS BUILDING A Tax Year: 2025

General Property Description

Dwelling Styles: Attached # of Interior Levels: 1 Full Bathrooms: 1 Half Bathrooms: 0 Approx SQFT: 1 Price/SqFt: 310000 Approx Lot SqFt: 320 Approx Lot Acres: 0 Flood Zone: TBD Horses: N Builder Name: Unknown Elementary School District: Sedona-Oak Creek JUSD #9 High School District: Sedona-Oak Creek JUSD #9 Elementary School: Red Rock Academy Jr. High School: Sedona Red Rock Junior/Senior High School High School: Sedona Red Rock Junior/Senior High School Community Pool Y/N: Yes Private Pool Y/N: No Fireplace YN: No Dwelling Type: Apartment Exterior Stories: 2 # Bedrooms: 1 Total Bathrooms: 1 Year Built: 1985

Legal Info

Range: 6E Section: 18 Township: 16 Lot Number: A101

Special Listing Cond

N/A: 1

Construction

Block: 1 Wood Frame: 1

Const - Finish

Wood Siding: 1

Roofing

Composition: 1

Association & Fees

HOA Y/N: Y HOA Disclosure/Addendum Affirmation: Yes HOA Transfer Fee: 200 HOA Fee: 270 HOA Paid Frequency: Monthly HOA Name: Sedona Sunrise II HOA Telephone: 9282824479 HOA Management Company: HOAMCO HOA Management Phone: 9282824479 Special Assessment HOA: No HOA 2 Y/N: N PAD Fee Y/N: N Cap Improvement/Impact Fee: 540 Cap Improvement/Impact Fee $/%: $ Prepaid Association Fees HOA: 500 Disclosure Fees HOA: 200 Other Fees HOA: 0 Land Lease Fee Y/N: N Rec Center Fee Y/N: N Ttl Mthly Fee Equiv: 270

Showing Notification Methods

Showing Service: Aligned Showings

Lockbox Type

See Private Remarks: 1 None: 1

Master Bathroom

Full Bth Master Bdrm: 1

Flooring

Carpet: 1 Vinyl: 1

Window Features

Dual Pane: 1

Community Features

Children's Playgrnd: 1 Coin-Op Laundry: 1 Community Laundry: 1 Pickleball: 1

Dining Area

Eat-in Kitchen: 1 Dining in LR/GR: 1

Heating

Forced Air: 1 Natural Gas: 1

View

Red Rocks/Boulders: 1 Mountain(s): 1

Kitchen Features

220 Volts in Kitchen: 1 Dishwasher: 1 Electric Range: 1 Engy Star (See Rmks): 1 Built-in Microwave: 1 Refrigerator: 1 Granite Counters: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1

Laundry

See Remarks: 1

Basement

Basement Y/N: N

Separate Den/Office

Sep Den/Office Y/N: N

Road Access Type

County Road: 1

Road Surface Type

Asphalt: 1 Paved: 1

Road Responsibility

County Maintained Road: 1

Fencing

None: 1

Water Source

Pvt Water Company: 1

Community Pool Features

Cabana: 1 Fenced: 1 Outdoor: 1 Play Pool: 1

Spa

None: 1

Sewer

Sewer - Private: 1

Parking Spaces

Slab Parking Spaces: 15 Total Covered Spaces: 0

Parking Features

Common: 1 Off Street: 1 Unassigned: 1

New Financing

Cash: 1 Cash to Loan: 1 VA: 1 Conventional: 1 FHA: 1

Utilities

APS: 1 Unisource: 1

Existing 1st Loan

Conventional: 1

Landscaping

Gravel/Stone Front: 1 Gravel/Stone Back: 1

Services

Other (See Remarks): 1

Disclosures

Seller Discl Avail: 1

Possession

Close of Escrow: 1

Association Fee Incl

Exterior Mnt of Unit: 1 Roof Repair: 1 Roof Replacement: 1 Blanket Ins Policy: 1 Garbage Collection: 1 Front Yard Maint: 1 Common Area Maint: 1

Assoc Rules/Info

Rental OK (See Rmks): 1 Prof Managed: 1 Other (See Remarks): 1

Remarks Misc

Cross Street: Hwy 179 and Cortez Directions: Hwy 179 to the roundabout with E Cortez, head to 140 the building at the end of Cortez. Geo Lat: 34.779746 Geo Lon: -111.759942

Property Features

Special Listing Cond: N/A View: Red Rocks/Boulders; Mountain(s) Master Bathroom: Full Bth Master Bdrm Flooring: Carpet; Vinyl Window Features: Dual Pane Community Pool Features: Cabana; Fenced; Outdoor; Play Pool Spa: None Community Features: Children's Playgrnd; Coin-Op Laundry; Community Laundry; Pickleball Dining Area: Eat-in Kitchen; Dining in LR/GR Kitchen Features: 220 Volts in Kitchen; Electric Range; Dishwasher; Built-in Microwave; Refrigerator; Engy Star (See Rmks); Granite Counters Laundry: See Remarks Parking Features: Common; Off Street; Unassigned Road Access Type: County Road Road Surface Type: Asphalt; Paved Road Responsibility: County Maintained Road Construction: Block; Wood Frame Const - Finish: Wood Siding Roofing: Composition Cooling: Central Air; Ceiling Fan(s) Heating: Forced Air; Natural Gas Utilities: APS; Unisource Water Source: Pvt Water Company Sewer: Sewer - Private Services: Other (See Remarks) Fencing: None Landscaping: Gravel/Stone Front; Gravel/Stone Back Lockbox Type: See Private Remarks; None Possession: Close of Escrow Association Fee Incl: Exterior Mnt of Unit; Roof Repair; Roof Replacement; Blanket Ins Policy; Garbage Collection; Front Yard Maint; Common Area Maint Existing 1st Loan: Conventional New Financing: Cash; Cash to Loan; VA; FHA; Conventional Disclosures: Seller Discl Avail
Listing Office: eXp Realty
IDX
Last Updated: February - 26 - 2026
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