Properties / 45 SETTLER Lane
VA ASSUMABLERate: 6.47%

45 SETTLER Lane

$2,850,000
Sedona, AZ 86336
3 beds4 baths3,064 sqftSingle Family
The assumable advantage
6.47%
VA assumed rate
$267,877 interest already paid off
Estimated Loan Balance$1,324,835
Cash to close$1,531,085
Est. Monthly PITI$9,847
Initial Loan Amount$1,366,642
Time on site50 days
Remaining Term27 years
Seller's equity (what you pay)
$1,525,165
Cash or secondary financing
Monthly savings
$8,147
Versus today's market rate
Est. savings per year
$98K
Versus today's market rate

About this home

Set across a rare double lot, unfolding between rock and sky, where architecture settles naturally into Sedona's landscape. Outdoor living is anchored by a sculpted pool and spa, with layered spaces for gathering or quiet retreat, organized around a shaded pavilion, framed by open land and red rock views. The transition indoors is seamless, with expansive openings that draw the landscape in. In the main living space, volume and light define the experience, with 16-foot ceilings and clerestory windows introducing a soft, ambient glow. Clean lines, grounded materials, and a striking stone fireplace create a setting both expansive and composed. Above, a rooftop terrace offers an elevated vantage point for sunset, stargazing, and uninterrupted views of Sedona's surrounding beauty. Broker Owner Beyond the primary living spaces, the scale of the double lot allows the property to function with a level of flexibility rarely found in Sedona. Outdoor areas unfold as a series of distinct zones, each with its own orientation and purpose. The pavilion anchors one of these spaces, while others remain open to the landscape, preserving long sightlines and a strong connection to the natural terrain. Just beyond the pool area, a private trail extends nearly 100 yards into the junipers, following natural animal paths and offering a quiet, immersive connection to the land. The home's layout is both intuitive and adaptable. It includes three full-size bedrooms, complemented by a generous office that can easily serve as an additional sleeping area when needed. The owner's entry has been fully upgraded to function as a practical transition space, ideal for storing hiking gear, outdoor equipment, and kitchen overflow. A large laundry room adds further flexibility, with enough space to accommodate projects, storage, or utility use beyond its primary function. Interior circulation maintains clear sightlines while allowing for separation where needed. Clerestory windows bring in consistent natural light while preserving privacy and uninterrupted wall space. Material selections emphasize durability and restraint, with finishes chosen to age well and remain visually quiet over time. The stone fireplace anchors the main living space, balancing the openness created by the volume above. The landscaping extends the livability of the property, blending cultivated and native elements. Multiple fruit trees--including nectarine, peach, apple, and plum--are complemented by a row of berry bushes and a curated collection of flowering cacti integrated into the natural desert palette. Located within Sedona Ranch at Oak Creek, the property also benefits from a rare connectivity advantage: direct access to the Village of Oak Creek via Verde Valley School Road and to West Sedona via Red Rock Loop Road. This dual access is both highly practical and unique to this exclusive community, offering flexibility in daily movement while maintaining the sense of separation and quiet that defines the setting.

How assumption works for this home

Can I assume this VA loan?

Yes, as long as you meet the lender's credit (620+) and DTI requirements. You do NOT need to be a veteran to assume a VA loan — this is a common misconception.

How much cash do I actually need?

You need to cover the seller's equity of $1,525,165. If you don't have that in cash, we can help structure secondary financing to cover the gap.

Can investors assume this one?

Yes — VA assumptions can be used for investment properties. You can rent this home out.

How long does this take?

Typically 45 days. The lender underwriting is 2–3 weeks, and the rest is standard closing.

Property details

Bedrooms3
Bathrooms4
Square feet3,064
Property typeSingle Family
MLS #7013958
CountyMaricopa County
Assumable loanVA
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Investor?
This VA loan can be assumed and rented. Talk to Jeff about the ROI math.
Jeff Salazar
Active now · (602) 332-3860
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Payment & cash calculator

Cash covers the gap between the price and the existing loan balance. Changing this amount does not change the existing mortgage payment.

Est. mortgage payment (P&I)
$8,660/mo
Source est. payment (PITI)
$9,847/mo

P&I is principal and interest. PITI also includes estimated taxes and insurance. HOA fees and payments on any additional financing are separate.

Estimated equity gap$1,525,165

Asking price minus remaining loan balance. Closing costs are additional.

$0$1,525,165
Additional funds needed$0

The equity gap is covered. Closing costs and assumption fees still need to be confirmed.