$15,000,000
35 GASSAWAY Place
Sedona, AZ 86336
MLS# 7022435
4 beds  |  3 baths


35 Gassaway Rainbow
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Property DescriptionThis is likely one of the most rare, sacred and special properties ever offered in Sedona. A once-in-a-generation opportunity of this caliber may never come available again. Comprehensive Offering Memorandum and Deal Room access available upon request. A unique opportunity including a custom stone residence with a city-approved subdivision. Located in the heart of Uptown Sedona, The historic Gassaway Estate offers a ''finish the vision'' opportunity for investors, builders, or end users. The existing home features exposed beam ceilings, dramatic stone fireplace, and private courtyard design. The property is part of Red Rock Creek, a platted subdivision approved for at least 9 additional homesites, creating significant development potential. Click on MORE to read more about the property.
Details
Contract Information
List Price: $15,000,000
Status: Active
Current Price: $15,000,000
List Date: 2026-05-01
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Location, Tax & Legal
House Number: 35
Street Name: GASSAWAY
St Suffix: Place
City/Town Code: Sedona
State/Province: AZ
Zip Code: 86336
Country: US
County Code: Coconino
Assessor Number: 401-82-010
Subdivision: RED ROCK CREEK
Tax Year: 2025
General Property Description
Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: 1
# of Interior Levels: 1
# Bedrooms: 4
Full Bathrooms: 3
Total Bathrooms: 3
Approx SQFT: 3772
Price/SqFt: 3976.67
Horses: N
Builder Name: Gassaway
Year Built: 1962
Lead Based Hazard Disclosure: Yes
Approx Lot SqFt: 204296
Approx Lot Acres: 4.69
Flood Zone: TBD
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: Yes
Fireplaces Total: 4
Elementary School District: Sedona-Oak Creek JUSD #9
High School District: Sedona-Oak Creek JUSD #9
Elementary School: West Sedona Elementary School
Jr. High School: Sedona Red Rock Junior/Senior High School
High School: Sedona Red Rock Junior/Senior High School
Legal Info
Township: 17N
Range: 06E
Section: 08
Lot Number: 10
Showing Notification Methods
Showing Service: Aligned Showings
Basement
Basement Y/N: N
Parking Spaces
Carport Spaces: 2
Slab Parking Spaces: 2
Total Covered Spaces: 2
Contact Info
List Agent Home Phn: 928-300-9626
DPR Eligible
DPR Eligible: No
Remarks Misc
Cross Street: Schnebly Hill Rd and Gassaway Place
Directions: State Route 179 to the Schnebly Hill Rd Roundabout. Exit the roundabout, head north on Schnebly Hill Road. Continue for a very short distance (just past the roundabout). Property is located on the east side, backing to National Forest. Look for sign and private entry gate.
Geo Lat: 34.862754
Geo Lon: -111.760077
Property Features
Special Listing Cond: N/A
Architecture: Other
View: City; Creek/Stream; Panoramic; Red Rocks/Boulders; Trees/Woods; Mountain(s)
Master Bathroom: Other (See Remarks)
Fireplace Features: Wood Burning; Other
Flooring: Concrete; Wood
Spa: None
Dining Area: Other (See Remarks)
Kitchen Features: None
Laundry: None
Other Rooms: Family Room; Great Room; Bonus/Game Room
Exterior Features: Covered Patio(s); Patio
Parking Features: Detached Garage
Road Surface Type: Asphalt
Road Responsibility: City Maintained Road
Construction: Block; Stone; Wood Frame
Const - Finish: Stone
Roofing: Composition
Cooling: Other
Heating: Other
Utilities: APS
Water Source: Private Well
Sewer: Other
Fencing: None
Property Description: Borders Preserve/Public Land
Landscaping: Natural Desert Front; Natural Desert Back
Showing Notification Methods: Text; Phone Call
Lockbox Type: Combo
Possession: Close of Escrow
Association Fee Incl: No Fees
Existing 1st Loan: Other (See Remarks)
New Financing: Cash; Cash to Loan
Disclosures: Seller Discl Avail; Well Disclosure
IDX
Listing Office: Posterity 44 LLC

Last Updated: August - 11 - 2026

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