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$310,000
3 Days On Site

140 E CORTEZ Drive A101
Sedona, AZ 86351

For Sale|Apartment|Active
1
Bed
1
Total Bath
1
Full Bath
640
SqFt
$484
/SqFt
1985
Built
Subdivision:
OAK CREEK VILLAS CONDOMINIUMS BUILDING A
County:
Yavapai

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140 E CORTEZ Drive A101140 E CORTEZ Drive A101140 E CORTEZ Drive A101140 E CORTEZ Drive A101
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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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Listing Snapshot
Price 
$310,000
Days On Site 
3 Days
Bedrooms 
1
Inside Area (SqFt) 
640 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
0.01 Acres
Year Built 
1985
MLS® Number 
6989714
Status 
Active
Property Tax 
$569
HOA/Condo/Coop Fees 
$270 monthly
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
3 days agoStatus changed to Active
3 days agoListing first seen on site
General Features
Acres 
0.01
Cross Street 
Hwy 179 and Cortez
Disclosures 
Seller Discl Avail
Land Lease 
No
Number Of Stories 
2
Parking 
Off StreetUnassignedCommon
Parking Spaces 
15
Property Sub Type 
Apartment
Sewer 
Private Sewer
Interior Features
Appliances 
RefrigeratorElectric RangeMicrowaveENERGY STAR Qualified DryerENERGY STAR Qualified Washer
Cooling 
Central AirCeiling Fan(s)
Electric 
220 Volts in Kitchen
Flooring 
CarpetVinyl
Heating 
Forced AirNatural Gas
Interior 
Granite CountersEat-in Kitchen
Laundry Features 
Common AreaSee Remarks
Window Features 
Double Pane Windows
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Exterior Features
Construction Details 
Wood SidingBlockFrame
Fencing 
None
Roof 
Composition
Spa Features 
None
View 
Mountain(s)
Waterview 
Mountain(s)
Windows/Doors 
Double Pane Windows
Community Features
Association Dues 
270
Community Features 
PoolPlayground
Financing Terms Available 
CashConventionalFHAVA Loan
HOA Fee Frequency 
Monthly
Roads 
PavedAsphalt
School District 
Sedona-Oak Creek JUSD #9
Township 
16
Schools
School District
Sedona-Oak Creek JUSD #9
Elementary School
Red Rock Academy
Middle School
Sedona Red Rock Junior/Senior High School
High School
Sedona Red Rock Junior/Senior High School
Listing courtesy of eXp Realty.



All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Last checked: 2026-03-01 12:53 AM UTC

Neighborhood & Commute
Source: Walkscore
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