500 Acres Just Outside of Flagstaff in Williams To Also Include Approximately 75 Custom Home Lots within Larger Master Planned Community
Located in Williams, just 30 minutes from Flagstaff in Coconino County, the 500 acres are owned by Valley entrepreneur Max Biegert, who spent 85 million to develop and build the Grand Canyon Railway and Hotel in the late 80’s. He is selling the land to developers to make way for a new mini master planned community that would include custom homes as well as other housing options. Developers are also in negotiations with an undisclosed theme park entertainment design company to develop 85 acres of the land into a possible western themed story park including other hospitality uses. Williams is already a tourism destination as evidenced by BEARIZONA, who saw 500,000 visitors in 2020 alone.
Listed for $20M, the property is currently in escrow after a comprehensive two-year marketing campaign. The property is located at interstate 40 and Grand Canyon Boulevard. The purchase is scheduled to close escrow later this year.
Principals Brent Moser and Mike Sutton of Lee & Associates are representing the transaction. Moser and Sutton specialize in large and complex mixed-use land and development projects throughout Arizona.
Moser said this will be one of decade’s most significant sales for the region.
“There is nothing of this magnitude currently for sale or possible for development on the private land side in Northern Arizona,” said Moser. “We are moving swiftly to get the property closed and entitled so that we can announce more exciting plans for the project in the coming months.”
Moser says once completed the project will have regional and even a global draw as it sits at the gateway to the Grand Canyon National Park. Gail Jackson, President and CEO at ECoNA says, “This new development will bring much needed housing and diversity to our strong tourism offerings in Northern Arizona.”
Offering views of the 35-acre lake, pine trees and Bill Williams mountain, the property is expected to draw a huge interest list. While it’s still early in the process, Moser says 90 of the 500-acres will be used for private custom lots which will be elevated over 100 feet above Gonzales Lake and available for purchase by the general public.
“Housing is really the driving force for this project, as the demand has never been greater in Northern Arizona,” said Moser. “We are in the process of getting all the approvals and entitlements in place with a plan of breaking ground in early 2022.”
More details will be announced in the coming months.
For media inquiries, please email Jparks-Sturgeon@rosemoserallynpr.com or call 480.495.3806.
For real estate inquiries email CanyonGatewayWilliams@gmail.com
About Brent Moser and Mike Sutton
Brent Moser and Mike Sutton are one of the most successful land sales teams in Arizona. Their forty-five years of combined experience in commercial real estate, expansive market knowledge and invested relationships across Arizona provides clients with the holistic approach to land sales and development. They focus on commercial and residential land opportunities in Arizona with a major focus on significant transportation corridors. Some current major projects include master planned communities in the Surprise area of Maricopa County, Marana and Northern Pima County, as well as urban mixed-use projects such as South Pier on Tempe Town Lake and One Scottsdale, in addition to multiple large investment opportunities in the Phoenix Metro Area.
