● Under Contract

$310,000

140 E CORTEZ Drive A101, Sedona, AZ 86351

OAK CREEK VILLAS CONDOMINIUMS BUILDING A · Yavapai County

1 beds 1 baths 640 sqft 0.01 acres Built 1985 $484 /sqft HOA $270/mo
96 days on market

What's special

  • Mountain(s) & Red Rocks/Boulders views

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 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.

Property details

Interior

Bedrooms

  • Bedrooms: 1

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Interior Features

  • Full Bth Master Bdrm
  • Eat-in Kitchen
  • Granite Counters
  • Flooring: Carpet, Vinyl
  • Window Features: Dual Pane

Appliances

  • Refrigerator
  • Microwave
  • Electric Range
  • Laundry Features: Engy Star (See Rmks), See Remarks

Heating and Cooling

  • Cooling Features: Ceiling Fan(s), Central Air
  • Heating Features: Natural Gas, Forced Air

Other Interior

  • Stories: 2
Exterior

Land Info

  • Gravel/Stone Front
  • Gravel/Stone Back
  • Lot Size Acres: 0.01
  • Lot Size Square Feet: 320

Garage and Parking

  • Attached Garage: No
  • Parking Features: Unassigned, Carport, Off Street

Home Features

  • View: Mountain(s), Red Rocks/Boulders
Community

Homeowners Association

  • Association: Yes
  • Association Fee: $270
  • Association Fee Frequency: Monthly
  • Calculated Total Monthly Association Fees: $270
  • Association Fee Includes: Maintenance Exterior, Roof Repair, Roof Replacement, Insurance, Trash, Front Yard Maint, Maintenance Grounds

Neighborhood

  • Subdivision: OAK CREEK VILLAS CONDOMINIUMS BUILDING A
Listing

Other Property Info

  • Annual Tax Amount: $569
  • Source Listing Status: Active Under Contract
  • County: Yavapai
  • Directions: Hwy 179 to the roundabout with E Cortez, head to 140 the building at the end of Cortez.
  • Property Subtype: Apartment
  • Parcel Number: 405-41-069-A
  • Postal City: Sedona
  • Listing Date: 2/25/2026
  • On Market Date: 2/26/2026
  • MLS#: 6989714
Features

Building and Construction

  • Total Square Feet Living: 640
  • Year Built: 1985
  • Property Age: 41
  • Construction Materials: Block, Wood Frame, Wood Siding
  • Roof: Composition
  • Stories: 2
  • Living Area Source: Assessor

Utilities

  • Water Source: Pvt Water Company

Contact Us

Contact Us

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Listed by R. James Adams II& Meagan Mullins eXp Realty

Listing updated: May 19, 2026

MLS#: 6989714

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