Quick Cottonwood AZ MLS Search

Browse All Cottonwood AZ Between $500K - $600K Properties for Sale

1765 E Villa Drive, Cottonwood
$599,000
7080084 MLS
A Fully-Leased Cottonwood Asset With a Proven Path to 6%. This 2,365 SF C-1 commercial building sits in Cottonwood's sought-after medical & professional corridor and offers two independent suites generating $43,200 in current gross income (approx. 5.0% cap rate), with pro forma upside to $49,200 as Suite B renews at its proven $1,500/mo rate upon lease expiration (approx. 6.0% cap rate; not guaranteed). Suite A: 6 treatment rooms, reception, lobby, break/utility room, storage - long-term lease in place. Suite B: bedroom, living room, private bath, kitchenette, private entrance - leased through 12/31/2026. Built 2009 on a 9,492 SF lot, 9 uncovered parking, ADA-accessible restrooms, showers, C-1 zoning. Rent roll and financials available on request. Owner is also listing agent INVESTMENT SUMMARY 1765 E Villa Dr is a stabilized, 100% occupied 2,365 SF C-1 commercial investment in Cottonwood's established medical and professional corridor, offered at $599,000. CURRENT OPERATIONS Suite A rent: $2,600/mo ($31,200/yr) - long-term lease in place Suite B rent: $1,000/mo ($12,000/yr) - leased through 12/31/2026 Current gross income: $3,600/mo ($43,200/yr) Estimated current NOI: approximately $29,964 Current cap rate at $599,000: approximately 5.0% PRO FORMA / PROJECTED INCOME Suite A rent: $2,600/mo ($31,200/yr) Suite B market/projected rent: $1,500/mo ($18,000/yr) - based on prior rental history at this rate, achievable upon Suite B's lease expiration Projected gross income: $4,100/mo ($49,200/yr) Projected NOI: approximately $35,964 Projected cap rate: approximately 6.0% Projected figures are estimates only and are not guaranteed. Suite B's $1,500/mo rate reflects a prior rental period at that amount, not a signed current lease; the current tenant's lease runs through 12/31/2026. SUITE DETAIL Suite A: 1,832 SF - 6 treatment rooms, reception, lobby, break/utility room, storage/equipment room. Suite B: 533 SF - bedroom, living room, private bathroom, kitchen/dining area (hot plate, apartment-size refrigerator, air fryer/countertop oven), high-speed internet (tenant expense), private entrance. Leased through 12/31/2026; previously operated as a furnished mid-term rental (e.g., traveling healthcare professionals), consistent with its $1,500/mo rental history. PROPERTY HIGHLIGHTS Built 2009 | 9,492 SF lot | Zoned C-1 | 9 parking spaces | ADA-accessible restrooms | Showers | No HOA WHY IT WORKS A stabilized two-suite commercial investment with existing cash flow and a documented path to improved NOI. Appeals to commercial investors, owner-investors, 1031 exchange buyers, and local business owners seeking a smaller commercial asset with existing tenants. High-visibility corridor near Hwy 89A with easy access to Cottonwood and the greater Verde Valley trade area. DISCLAIMER Financial information is believed to be accurate but is not guaranteed and should be independently verified by the buyer. Projected/pro forma rents, expenses, NOI, and cap rate are estimates only and are not guaranteed. Rent roll, lease documentation, and income/expense detail available upon request to pre-qualified buyers.

1765 E Villa Drive, Cottonwood

95 S Homestead Circle, Cottonwood
$505,000
3 Beds ⋅ 2 Baths ⋅ 7032380 MLS
Nestled at the base of Mingus Mtn, this stunning 3 bdrm home w/nearly 2,000 SF of refined living space is beautifully situated on an oversized, premium cul-de-sac lot directly abutting a lush, expansive park--a seamless blend of privacy, natural beauty & everyday convenience. Located in the highly desirable community of Ctwd Ranch, this home features: Scenic views. A grand double-door entrance leading to soaring ceilings, a light-filled open floor plan & beautiful tile flrs. Kitchen w/gorgeous granite countertops, abundant cabinetry & pantry. Sunlit primary suite w/ a sweeping picture window overlooking lush views of the adjacent park. En-suite bath incl a separate tub/shower, private water closet, double vanity & lg walk-in closet. SEE SUPPLEMENT Additional Features Include: *Tile roof updated 2024 *Beautifully designed split floor plan. *Brand-new carpet in the two guest bedrooms. *Elegant tile floors in 2012. *Dining area with built-in cabinets, granite countertop and a lighted ceiling fan. *Large great room with cozy gas stove and sliding glass doors leading out to the covered patio. *Dedicated laundry room plus additional washer/dryer hookups in the garage. Washer / Dryer included. *Spacious, oversized 0.31 acre cul-de-sac lot. *Lush, easy-care landscaping. *Fenced backyard *Leased solar Enjoy resort-style amenities all year round--Cottonwood Ranch offers a clubhouse, salt water heated pool, spa, fitness center, BBQ grills, bocce ball, basketball, large park, nature trails and much more! Located just minutes from Historic Old Town Cottonwood, major shopping & dining, your brightest days begin on Homestead ...

95 S Homestead Circle, Cottonwood

559 Crossbar Lane, Cottonwood
$515,000
3 Beds ⋅ 2 Baths ⋅ 7009463 MLS
Discover elevated Arizona living in the highly sought-after Mesquite Hills community by Miramonte Homes--a premier custom builder known for exceptional craftsmanship and quality construction. This move-in ready 2024-built home sits on a premium corner lot, delivering sweeping, unobstructed views of Sedona Red Rocks, Mingus Mountain, the Verde Valley, and even the distant San Francisco Peaks. Built with 2x6 construction, a post-tension slab foundation, and spray foam insulation to the roofline, this home is engineered for strength, durability, and efficiency. As an Energy Star builder with a fresh air intake system, Miramonte Homes delivers superior comfort, air quality, and long-term value. Designed for both comfort and style, this single-level residence offers 3 bedrooms, 2 baths, and ~1,844 sq ft with an open, split floor plan perfect for entertaining. Natural light pours into the expansive great room, where a stunning corner-tiled fireplace creates a warm, inviting focal point. The seamless flow into the kitchen and dining area continues out to the backyard with grassy lawn and an extended, oversized paver patio spanning the full width of the home--ideal for soaking in those iconic red rock sunsets. The modern kitchen features a large granite island, stainless steel appliances, and a spacious pantry, while vaulted ceilings, 8-foot doors and luxury vinyl plank flooring enhance the home's clean, contemporary feel. The private primary suite is thoughtfully separated, offering a custom walk-in closet with built-in shelves, dual sinks, and a walk-in shower. Additional highlights include: Sliding glass doors leading to back patio from Dining, Living Room & Primary Suite Dedicated Laundry room with sink & cabinetry Pass through from Primary Closet to Laundry Room Finished garage with tankless gas water heater Whole-house gutters + pre-plumb for water softener Reverse osmosis at kitchen sink & ice maker Step outside to a fully fenced, professionally landscaped yard with low-maintenance desert design, drip irrigation, and easy-care turf and new TUFF shed--perfect for effortless indoor-outdoor living. Located just minutes from the charm of Cottonwood, the historic hillside of Jerome, and the world-renowned beauty of Sedona, you'll enjoy quick access to hiking, off-roading, wineries, dining, and shopping. With a low HOA of just $45/month, this property is an exceptional fit for a primary residence, second home, or investment opportunity (AirBNB/short-term rental is okay!). Nearly new. Expertly built. Energy-efficient. Unmatched views. Opportunities like this are rare--don't miss your chance to own one of the most scenic homes in Mesquite Hills.

559 Crossbar Lane, Cottonwood

1925 W Desert Willow Drive, Cottonwood
$560,000
3 Beds ⋅ 2 Baths ⋅ 6978825 MLS
While the address may say Desert Willow, this home is nothing short of a Desert Gem. From the curb, it presents as a well-kept and attractive Cottonwood Ranch residence, but step inside and the similarities to neighboring homes quickly fade. Thoughtful, meticulous updates elevate this property well above the norm, creating a home that feels both refined and distinctly special. Offering 3 bedrooms, 2 bathrooms, and 1,695 square feet, this 2000-built home features hard surface flooring throughout and heated tile floors in the primary bath for a touch of everyday luxury. Extensive upgrades include fresh interior and exterior paint, brand-new front and rear landscaping with new irrigation, and a reimagined backyard retreat complete with an enlarged patio, seating area, gas fire pit, and tranquil water feature. Even behind the scenes, no detail was overlooked, with 12 inches of added attic insulation in the garage. The garage itself has been transformed into a true extension of the home, featuring a mini-split heating and cooling system with remote, a professionally installed epoxy floor, and a new insulated garage door with updated operator and remotes. In addition, many of the home's systems have been professionally cleaned and inspected, further underscoring the exceptional care and pride of ownership. The full scope of upgrades is extensive, far beyond what can be listed here, so be sure to have your agent review the complete upgrades list available in the MLS or pick up a hard copy while touring the home. The owners have done the heavy lifting so you don't have to. Simply move in and enjoy, or take advantage of its proven performance as a successful 5-star rated Airbnb. Whether you're seeking a turnkey primary residence, a refined second home, or a high-performing investment, 1925 Desert Willow is ready to be enjoyed on your terms.

1925 W Desert Willow Drive, Cottonwood

Start Your Search

Copyright 2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Between $500K - $600K Cottonwood Real Estate

Our website features the best real estate search for between $500k - $600k properties available in Cottonwood and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire. 

Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood! 

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Contact us today to find out how we can be of assistance to you!