$925,000
776 West Lee Boulevard, Prescott, Arizona 86303, United States
4BR/3BA, 3,112 SF, recent HVAC & whole-house filtration — close to shopping and downtown
4
Beds
3
Baths
3,112
Sq Ft
2004
Built
0.33 acres
Lot
2.5-car attached
Garage
Sunrise spills across the stone-and-stucco facade of 776 West Lee Boulevard, a gracious single-story contemporary in The Ranch at Prescott. Set on a level 0.33-acre corner lot, this 3,112 SF home was built in 2004 and thoughtfully maintained — recent upgrades lower near-term maintenance needs and let you move in with confidence. Step through a welcoming foyer into light-filled living spaces where morning light pools on warm floors and the great room centers family life with a fireplace and room to gather.
The home's traditional plan flows easily: a formal dining area for holiday gatherings, a flexible office or fourth bedroom tucked near the entry, and three additional bedrooms arranged for privacy. Practical systems have been updated — two new HVAC units installed in April 2025 and a whole-house water filtration system added in May 2025 — while the natural gas water heater (approximately five years old) supports efficient everyday living. Zoned natural gas heating and central air with ceiling fans keep interior climates comfortable year-round.
Outside, the corner lot offers breathing room and landscaping potential. Imagine weekend mornings on the patio with coffee, or soft evening light across a private backyard where Colorado pines and mountain air are part of the neighborhood backdrop. A 2.5-car attached garage and driveway parking for multiple vehicles make errands and guests easy; storage and garage space support active living in Prescott.
Living at The Ranch at Prescott means belonging to a FireWise community that values safety and stewardship, while staying connected to regional conveniences. Essential shopping is nearby (Costco ~1.5 miles, Trader Joe’s ~1.6 miles) and historic Downtown Prescott is about 3.5 miles away for weekend dining, galleries, and seasonal events. With a blend of comfortable indoor spaces, recent mechanical upgrades, and a generous corner lot, this home balances everyday practicality with the leisure and scenic lifestyle Prescott offers. Buyers should note roof age should be verified and HOA guidelines reviewed as part of routine due diligence.
The Ranch at Prescott blends quiet residential streets with practical access to everyday conveniences. This FireWise community emphasizes safety and outdoor stewardship while keeping Costco, Trader Joe’s, retail centers and medical services just minutes away. Historic Downtown Prescott — with its restaurants, cultural events and seasonal markets — is roughly 3.5 miles, offering a lively contrast to the neighborhood’s relaxed pace. Demographics show steady growth and a median household income near $75,000 in the surrounding mile, making the area attractive to professionals and families seeking balance between amenity access and suburban calm.
The Ranch at Prescott is currently favoring sellers: inventory sits around 2.5 months with average days on market near 45, indicating limited supply and steady buyer demand. Median sale prices in the area are reported near $850,000, and recent comparable sales within 0.5 miles support a sales-comparison valuation range of $900,000–$950,000 (midpoint $925,000, about $297/SF). Single-family homes in this neighborhood typically move faster than broader market averages, driven by the community's FireWise designation, convenient amenities, and proximity to downtown Prescott. One-year appreciation is roughly 5% with longer-term gains near 25% over five years — signals of a stable, appreciating market. For buyers, this is a competitive time to act: updated mechanical systems on this property (new HVACs, whole-house filtration) reduce short-term capital expense risk and make 776 West Lee Boulevard especially attractive relative to similarly sized inventory. Sellers continue to benefit from brisk demand and constrained supply, but prudent inspections and confirmation of HOA restrictions remain essential steps.
Taylor Hicks School
Elementary
Prescott Mile High Middle School
Middle
Prescott High School
High
Very good outdoor access: Prescott-area hiking and biking trails, parks, and golf/recreation facilities are a short drive away, with neighborhood green space and easy access to regional outdoor amenities.
**776 West Lee Boulevard** is a **4-bedroom, 3-bathroom** contemporary home built in **2004** with **3,112 SF** of living space on a **0.33-acre** corner lot in Prescott's desirable **The Ranch at Prescott** community. The property features a traditional layout with a foyer leading to an office or fourth bedroom, a great room, formal dining area, and access to a private backyard. Recent upgrades include two new HVAC systems installed in April 2025 and a whole-house water filter system added in May 2025. The natural gas water heater is approximately five years old, enhancing the home's efficiency and comfort.
From a **valuation perspective**, comparable sales in The Ranch at Prescott suggest a current fair market value of **$900,000–$950,000**, with a midpoint estimate of **$925,000** ($297/SF). The current assessed value of **$72,227** appears significantly below market, which is common in rapidly appreciating neighborhoods.
**The Ranch at Prescott** is a FireWise community, offering residents peace of mind with its proactive approach to fire safety. The neighborhood is conveniently located near shopping centers such as Costco and Trader Joe's, and is approximately 3.5 miles from historic Downtown Prescott. The area has experienced steady population growth and increasing property values over the past decade, indicating a strong and stable market.
Overall, this property represents a **solid value** in a sought-after location with recent updates that reduce near-term maintenance risk. The corner lot provides additional privacy and potential for landscaping enhancements. Key due diligence items include verifying the roof age and condition, confirming any HOA restrictions, and reviewing school zone assignments.
Well-maintained contemporary home in a desirable Prescott community with recent upgrades and below-assessed-value pricing. Strong market trends and limited inventory suggest potential for appreciation.
Buyers should conduct independent due diligence before making any purchase decisions.
Low
$900K
Midpoint
$925K
High
$950K
$297/SF estimated price per square foot
Sales comparison approach using 3 comparable sales within 0.5 miles sold in the last 12 months. Adjusted for size, condition, and recent upgrades. Assessed value of $72,227 appears below market.
As of 2026-03-03
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
The area has experienced steady population growth with increasing property values over the past decade.
Conveniently located near shopping centers, dining options, and medical facilities. Approximately 3.5 miles to historic Downtown Prescott.
Market data is based on aggregated public records and may not reflect real-time conditions.
Allowed Uses
$151/SF
New construction sale
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