LOCATION: About 1/2 mile northwest of Lake Pleasant, in the southernmost tip of Yavapai County. The City of Peoria has annexed to the eastern and southern border of this section. Although the mailing address is accurately listed as Morristown, an unincorporated community 30 miles distant to the west, the location is better known for its proximity to Lake Pleasant in the Castle Hot Springs area, from the famous (and currently closed) old resort about 3 miles away.

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From the Phoenix metro area, the property is best reached by proceeding north on I-17, exiting westbound on the Carefree-Wickenburg Highway (State Route 74) towards Wickenburg, following signs to Lake Pleasant Regional Park (turning north (right) at milepost 19) on the west side of the Lake. Alternately, drive north on Lake Pleasant Parkway, turning left at State Highway 74. The property is 4.2 road miles from the North Park Entry.

ACCESS: is via approximately 4.2 miles of graded City and County maintained road (recently rebuilt early in 2012 with stabilized gravel). Believed to be included in the metropolitan Phoenix area PM-10 emissions area, there exists a possibility that the road will soon be hard surfaced.

PROPERTY DESCRIPTION: The master parcel is about 30 acres in size, and for now is conceptually “split” into 2 parcels, identified as Parcel 1 and Parcel 5. Generally located in the center portion of Section 14, T7N, R1W. It includes Yavapai County Tax Parcel 204-01-011, and is surrounded by private property, with Castle Hot Springs Road forming the southwestern border. It averages about 600′ deep from the road. No contemporary development exists near these properties, though once famous Casa Rosa Ranch forms an additional 50+acres contiguous across Castle Hot Springs Road. Several building sites on one of the parcels are elevated, resulting in wonderful lake views, with spectacular mountain views in all other directions. Hell’s Canyon National Wilderness area is about 1/2 mile to the northwest. Since the property last changed hands outside of its present owners’ family in about 1957, a survey will be required to establish exact acreage and dimensions. A buyer, in cooperation with the present owner, may have the ability to design his own parcel.

Parcel 1 has been identified as about 9 acres at the northern part of the 30 acres, and is generally flatter than the rest of the property, though it has a slope to the northeast.

Parcel 5 is about 6 acres in size, with lake views from a good part of the property. It is hillier than the northern Parcel 1.

The remainder of the 30 acres has similar terrain, and includes a spring and the remains of a very old structure.

The property is full desert vegetation, including an abundance of Saguaro and Prickly Pear Cactus, Mesquite, Palo Verde and Creosote trees. Although very close, there is no known flood plain on the property. Given that the few full time human residents are located miles away and less than a mile to the west is located a 9,000 acres federal wilderness area, critters include mountain lions, bobcats, desert mule deer, javalina, fox, coyotes, feral burros and the occasional rattlesnake. Gamble’s quail, cardinals, doves, finches, pinon jays and songbirds of all types are also in abundance.

IMPROVEMENTS: No structures are on either parcel.

UTILITIES: Presently located on Castle Hot Springs Road, modern 3 phase grounded electric service was installed by Arizona Public Service in 2011, bringing power on these properties.

Zona Communications currently provides underground fibreoptic telephone cable to the property as well as high speed internet service. It should be noted that although the area code is 928, local calling service is provided at no additional cost to and from the area codes 602, 623, and 480 in the Phoenix area. Cell phones also generally work well on this property, depending on your carrier.

Water will come from a well which needs to be drilled, and based on area information should generally be about 300′ deep. Additional information can be obtained from the Arizona Department of Water Resources.

ZONING: Yavapai County zoning is RCU-2A, a rural “holding” designation, which broadly means 1 residence for every 2 acres, and certain light commercial uses with a permit, such as a low density bed and breakfast. Additional zoning information can be found at the Yavapai County website, www.co.yavapai.az.us.

DEVELOPMENT: Located next to Peoria, possibilities exist for a higher and more creative planned area development, and annexation into the City may be possible. Should it be the owners’ desire to “split” the property into up to 5 parcels, this should be relatively simple and administratively done. Please check current Yavapai County lot split regulations. It should be noted that the property is outside any Active Water Management Area, necessitating only a water adequacy report rather than a certificate of Assured Water Supply as is needed just one mile further south. For splitting the property into a total of 5 or fewer lots, a well sharing agreement should be used, in addition to appropriate access and easement roads.

SUMMARY: This pristine parcel is one of very few properties in the Lake Pleasant area which has good physical access, close by or on site utilities, combined with unobstructed views of the Lake from parts of the property and a cooperative government atmosphere for high end development, should that be the desire. This is the first time in 50 years that any part of this property has been offered for sale.

FINANCING: The owner has indicated he may carry financing with a substantial down payment. Of course, there is no objection to cash or your bank financing.