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140 E CORTEZ Drive #A101, Sedona, AZ 86351 (Sold on )

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 $310,000

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  • 1 BedBeds
  • 1 BathBaths
  • 640 SqftSqft
  • TypeCondo/Townhouse
  • Active
  • MLS# 6989714

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Property 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.

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Property Details 140 E CORTEZ Drive #A101, Sedona, AZ 86351

General

  • MLS#: 6989714
  • Property Type: Condo/Townhouse
  • Property Sub Type: Apartment
  • List Date: 02/25/2026
  • Year Built: 1985
  • Subdivision: OAK CREEK VILLAS CONDOMINIUMS BUILDING A
  • County: Yavapai
  • Beds: 1
  • Full Bath: 1
  • Total Baths: 1
  • Community Features: Pool, Pickleball, Community Laundry, Coin-Op Laundry, Playground
  • Tax Year: 2025
  • Annual Taxes: $569.00
  • Association Fee: $270.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Roof Repair, Insurance, Maintenance Grounds, Front Yard Maint, Trash, Roof Replacement, Maintenance Exterior

Interior Features

  • Interior Features: Granite Counters, Eat-in Kitchen, Full Bth Master Bdrm
  • Flooring: Carpet, Vinyl
  • Laundry: See Remarks, Engy Star (See Rmks)
  • Spa: None

Schools

  • Elementary: Red Rock Academy
  • Middle or Junior: Sedona Red Rock Junior/Senior High School
  • High: Sedona Red Rock Junior/Senior High School
  • School District: Sedona-Oak Creek JUSD #9

Structure

  • Roof: Composition
  • Parking: Off Street, Unassigned, Common
  • Construction Type: Wood Siding, Wood Frame, Block

Size & Lot

  • Total Sq.Ft: 640
  • Acres: 0.01
  • Lot Size: 0.0100
  • Approx Lot SqFt: 320
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back

Utilities

  • Cooling: Central Air, Ceiling Fan
  • Heat Source: Forced Air, Natural Gas
  • Sewer: Private Sewer

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This calculator is provided for informational purposes. You should not make any decisions based simply on the information provided. Values indicated are estimates and may not be accurate and are only to be used as a guide. This calculator should not be relied upon in any way as the sole source of information. Please consult your financial, tax or legal advisers for an accurate assessment of your mortgage payments and any advice relating to your personal circumstances.


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