Welcome to your private mountain retreat in the heart of Munds Park-an exceptional custom built cabin where luxury, comfort, and nature come together in perfect harmony. Tucked away on a private street, this remarkable home is situated on a rare 1+ acre corner lot at the end of a cul-de-sac, offering unmatched privacy and a true escape beneath the Ponderosa pines.
Thoughtfully designed with timeless mountain architecture and craftsmanship, the home welcomes you with soaring vaulted ceilings, expansive windows, and an open-concept floor plan that fills the living spaces with abundant natural light. The dramatic ceilings and warm finishes create an inviting atmosphere, while picturesque forest views bring the beauty of the outdoors into nearly every room. Large bedrooms ensure family and guests can enjoy privacy and comfort, making extended stays both welcoming and enjoyable. The spacious upstairs loft adds versatility to the home, making it ideal for a second living area, game room, or additional sleeping space.
Outdoor living is where this property truly shines. An expansive wraparound deck provides the perfect setting for morning coffee, outdoor dining, or entertaining family and friends while enjoying the cool mountain air. The large front deck offers ample sitting space and a fire pit. Just beyond the back deck, a beautifully designed paver patio creates an additional gathering space featuring a sitting area with a fire pit and private hot tub, where you can relax beneath the stars after a day of hiking, golfing, or exploring Northern Arizona. Whether you're watching sunsets or listening to the breeze through the pines, every outdoor space has been designed to embrace the peaceful mountain lifestyle.
Adding to the home's unique appeal, the front yard features a private putting green, offering a fun amenity that adds to the resort-style feel of this incredible property.
Situated on over an acre, the expansive homesite provides privacy, mature landscaping, and ample space to enjoy the outdoors. The corner lot location and cul-de-sac setting enhance the sense of seclusion while still offering convenient access to Munds Park's year-round recreational opportunities, including hiking, ATV trails, golf, fishing, and nearby Flagstaff and Sedona.
Whether you're searching for a luxurious full-time residence, a seasonal mountain getaway, or an investment property with outstanding short-term rental potential, this one-of-a-kind custom cabin delivers an unparalleled combination of privacy, craftsmanship, and mountain living. This is more than a home--it's a place to unwind, reconnect with nature, and create lasting memories in one of Northern Arizona's most sought-after mountain communities.

Prescott is a lifestyle that people travel from across the globe to experience. ''EVERYBODY'S HOMETOWN'' draws visitors YEAR-ROUND for the World's Oldest Rodeo, the beloved Prescott Garden Tour, Whiskey Row, the Prescott National Forest, and hundreds of miles of trails winding through one of Arizona's most breathtaking landscapes. Short-term rental demand here is not seasonal. It is sustained, and growing. 940 N. Waters Edge Way is the property that captures it all. Nestled creekside in one of Prescott's most tranquil and desirable pockets, this BRAND-NEW CUSTOM-BUILT ESTATE delivers approximately 3,504 sq ft of thoughtfully designed living space, 4 bedrooms, 4.5 bathrooms, a 955 sq ft OVERSIZED-TANDEM GARAGE w/ accessory door to exterior, a 710 sq ft COVERED BALCONY, and the kind of magazine-worthy interior that commands premium nightly rates and five-star reviews. There is no HOA, giving you full flexibility to operate as a short-term rental from day one.
From the moment guests arrive, the experience begins. A striking contemporary exterior with dramatic evening lighting, a paver driveway, and soaring architectural lines signal immediately that this is something different. Step inside and the design language continues: soaring ceilings, rich dark cabinetry, black marble countertops, high-end stainless appliances, and a showstopping floor-to-ceiling black marble fireplace that anchors the main living space with the kind of visual drama that photographs beautifully and books consistently. kitchen is a chef's stage. A large center island with seating for four, extra island storage and PULL OUT DRAWERS with SOFT-CLOSE HINGE doors, FULL WALK-IN PANTRY, pendant lighting, professional-grade appliances, and a layout that flows seamlessly into the living and dining areas. It is designed for GATHERING, for ENTERTAINING, and for the kind of effortless hosting that earns repeat guests.
The main level features a PRIMARY PRIVATE SUITE WITH SPA RETREAT and CUSTOM WALK IN CLOSET with VELVETEEN JEWELRY STORAGE, SOFT CLOSE HINGES, and UPGRADED MIRRORED WARDROBE CLOSET. Offering single-floor living convenience for owners or guests who prefer it.

Upstairs there are THREE additional bedrooms, each with its own PRIVATE BATHROOM and one with JETTED GARDEN TUB, provide the privacy and comfort that today's short-term rental guests expect and pay for. There's a dedicated BONUS GAME ROOM/FAMILY ROOM UPSTAIRS also adding a layer of amenity that sets this property apart from competing rentals and justifies a higher nightly rate.

Step outside onto the 710 sq ft covered balcony and the FULL VALUE of this location becomes undeniable. ENDLESS VIEWS of the surrounding landscape, the quiet of a CREEKSIDE neighborhood, and the CLEAN MOUNTAIN AIR of Prescott's MILE-HIGH elevation make this the outdoor living experience that guests come to Arizona to find. A 220-volt outlet is already in place in the rear yard, ready for a spa or hot tub installation, an upgrade that consistently elevates short-term rental income and guest satisfaction.

The yard is INTENTIONALLY LOW-MAINTENANCE, maximizing the home's footprint and minimizing ongoing ownership costs, a critical consideration for any investment property. This is a TROPHY PROPERTY in the CREEKSIDE neighborhood, and it sits at the gateway to the PRESCOTT NATIONAL FOREST, where opening the front door is itself an invitation into nature.

For investors evaluating the numbers: Prescott's short-term rental market benefits from a diverse, YEAR-ROUND demand calendar. The FRONTIER DAYS RODEO (the world's oldest), the GARDEN TOUR, WHISKEY ROW events, FALL FOILAGE season, SNOWFALL weekends, and the proximity to Phoenix (under two hours) create consistent booking windows across every season. The Sharlot Hall Museum, the Smoki Museum, the Phippen Museum, and the Natural History Institute draw culturally motivated travelers. Hundreds of miles of trails through the Prescott National Forest bring outdoor enthusiasts.

This spacious, move-in ready home offers the perfect blend of luxury, comfort, and convenience. It has OVER $100,000 WORTH OF UPGRADES! Upon arrival, you'll be greeted by a custom iron gate that opens to the front courtyard--a charming space perfect for enjoying your morning coffee. The thoughtfully designed split floorplan features 4 bedrooms, 3 full bathrooms, soaring 10ft ceilings, and an additional versatile living room/game room--perfect for entertaining or relaxing. At the heart of the home, the GOURMET KITCHEN SHOWCASES AN EXTRA-LARGE ISLAND, extended cabinetry and counters, custom backsplash, stainless steel appliances, and a large walk-in pantry. Custom built-in cabinetry with floating shelves in the front room and plantation shutters throughout add refined style. The primary bedroom features custom woodwork and designer touches, while the ensuite retreat includes a large walk-in shower, dual sinks, and an oversized walk-in closet for everyday luxury. STEP OUTSIDE TO YOUR OWN PRIVATE OASIS AND UNWIND IN THE HEATED POOL AND SPA WITH GAS FIREPIT. The travertine paver patio offers plenty of space for entertaining, complete with a built-in bar and motorized power shade to keep you cool in the Arizona summers. Lush greenery surrounds the backyard, creating a resort-like ambiance especially when beautifully illuminated at night. Practical features include a 3-car tandem garage offering space for vehicles, storage, or even a workshop. CONVENIENTLY LOCATED NEAR SCHOOLS, SHOPPING CENTERS, DINING OPTIONS, AND ENTERTAINMENT this property is not just a home, but a refined lifestyle choice for those seeking comfort, style, and convenience.

Beautifully updated 3-bedroom, 2-bath home WITH NO HOA offers comfortable living spaces and plenty of versatility. The spacious family room features a cozy fireplace, creating a warm and inviting space for gathering with family and friends. A separate bonus room provides endless possibilities and can be used as a home office, playroom, gym, hobby room, or whatever best fits your lifestyle.
Fresh interior and exterior paint give the home a bright, clean, move-in-ready feel. Enjoy the added convenience of a park just steps from the home, providing a place for kids to play and enjoy the outdoors. Ideally located near shopping, restaurants, and convenient freeway access, this home combines comfort, flexibility, and a great location. Don't miss the opportunity to make this wonderful home your own!