New Construction
Address
823 W Clay Avenue, Flagstaff, AZ
Price
$ 890,000
Property Attributes
  • MLS#204737
  • TypeSingle Family
  • Listing Status Active
  • CountyCoconino
  • CityFlagstaff
  • AreaFlagstaff Old Town
  • NeighborhoodRiordan Add Beg At Intrsecs Line
  • Zip86001
  • StyleSingle Family Residence
  • Year Built1935
  • Taxes$ 3011
  • Price$ 890,000
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2422
  • Lot Size0.3 Acres
Data Source:
Northern Arizona Association of REALTORS® (NAAR)
Property Description

Exceptional redevelopment opportunity in the heart of Old Town Flagstaff. Positioned on a Highway Commercial-zoned parcel in a high-demand location near NAU, established residential neighborhoods, and key transportation corridors, this property presents a rare opportunity for developers, investors, and builders seeking future density potential in a rapidly evolving area. The primary value lies in the land, zoning flexibility, and ongoing entitlement efforts. Sellers are currently pursuing entitlement pathways that may allow for preservation of the existing residence while adding 5 townhomes, or alternatively redevelopment of the site for up to 8 townhomes (buyer to independently verify zoning, density, entitlements, permitted uses, and municipal approvals). See additional comments... Situated within the area impacted by Flagstaff's continued growth and the evolving Downtown Mile corridor, the property benefits from strong connectivity, proximity to Northern Arizona University, nearby employment centers, and increasing housing demand. The location also offers convenient access to Butler Avenue, Milton Road, and Route 66, supporting both residential and mixed-use potential. The existing 6-bedroom structure is present on site and may provide interim utility; however, the opportunity is best suited for buyers focused on redevelopment, entitlement completion, land value, and long-term investment potential. Opportunities for commercially zoned infill parcels with potential higher-density outcomes in central Flagstaff are increasingly limited, making this a compelling acquisition for those seeking a strategic development position in one of Northern Arizona's strongest markets.

Price History
6/1/2026 Listed $890,000

General Features

Utilities Water Available,Electricity Available,Natural Gas Available
Possession Negotiable
Topography Level
Property Subtype Single Family Residence
Tax Year 2025
County Coconino
New Construction true
Property Type Residential
Status Active
Directions From Route 66, turn onto W Clay Ave. Corner house on the left at Blackbird Roost and Clay.
City Flagstaff
MLS Area 150 - Flagstaff Old Town
Lot Size Units Acres
Lot Size Square Feet 13400
Tax Annual Amount 3011
MLS Area Minor 150 - Flagstaff Old Town
Standard Status Active
Legal Description SUBDIVISION: RIORDAN ADD BEG AT INTRSECS LINE ARMORY AVE & E LINEBLACKBIR D ROOST TH ELY 50'; TH SLY 134'; TH WLY 50'; T
Subdivision Name Riordan Add Beg At Intrsecs Line
Heating Natural Gas
Year Built 1935
Levels Multi/Split
Year Built Source County
Cooling Central Air

Interior Features

Total Baths 3
Interior Amenities Eat-in Kitchen,Pantry
Flooring Ceramic Tile,Wood
Heating Y/N true
Laundry Features Separate Room
Total Bedrooms 4
Pantry true
Air Conditioning Y/N true

Exterior Features

Lot Size Area 0.3
Lot Size Acres 0.3
Building Area Total 2422

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 86001

Price
AVG $1.67M
$890K
Taxes
AVG $3,996
$3,011
Year Built
AVG 1999
1935

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