BOM buyer didnt perform. Welcome to 1347 W Quartz Rd, a beautifully situated Prescott property that blends comfortable living, income potential, and unmatched privacy just minutes from historic downtown! Tucked into the serene pines of Ponderosa Park at the end of a quiet, paved road, this unique offering presents a rare opportunity to own a peaceful retreat with multiple living spaces and versatile options for income. The main home features 2 bedrooms and 2.5 bathrooms with a functional layout designed for everyday living. Both the main home and the guest studio are equipped with energy-efficient mini-split systems, providing independent heating and cooling for year-round comfort. Outdoor space includes an oversized patio area and a seasonal creek running along one side of the property. A studio guest home is attached to the garage/workshop, creating a flexible second living space ideal for rental income, guests, extended family, or a home office. The property also features a garage/workshop area and a covered 2-car carport, offering space for vehicles, storage, or hobby use. Mature pines surround the property, enhancing privacy and creating a quiet setting with easy access to Prescott National Forest trails and amenities, while not being too far from the downtown area. This property offers a unique opportunity for an owner-occupant seeking supplemental income or a buyer looking for flexible living arrangements in a desirable Prescott location.
Yes, as long as you meet the lender's credit (620+) and DTI requirements. FHA assumptions require you to use the home as your primary residence.
You need to cover the seller's equity of $35,096. If you don't have that in cash, we can help structure secondary financing to cover the gap.
No — FHA loans require owner-occupancy. If you're an investor, ask us about our VA inventory.
Typically 45 days. The lender underwriting is 2–3 weeks, and the rest is standard closing.
Cash covers the gap between the price and the existing loan balance. Changing this amount does not change the existing mortgage payment.
P&I is principal and interest. PITI also includes estimated taxes and insurance. HOA fees and payments on any additional financing are separate.
Asking price minus remaining loan balance. Closing costs are additional.
The equity gap is covered. Closing costs and assumption fees still need to be confirmed.