Newsletter -- June 2016
(Old Newsletters)
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365 Reasons to Live in Sedona
#86 - Sedona’s Convenience to San Diego, CA
Whether you are escaping Arizona’s summer heat or warming up in the winter, San Diego is a must do vacation for all Sedona residents. Over the years we have made the drive to San Diego numerous times and we always come home to Sedona more appreciative than when we left...
Click for full article: Sedona’s Convenience to San Diego, CA .
#76 - Proximity to the Grand Canyon
Famous for the Sedona red rocks, high desert landscape and the Grand Canyon, Arizona has many unique interactive sightseeing opportunities. Being only 2.5 hours south of the Grand Canyon, Sedona residents have the ability to take day or weekend trips to Page, AZ and experience the wonders of the nation’s largest canyon...
Click for full article: Proximity to the Grand Canyon.
Buyer & Seller Tip of the Month
Yay or Nay? New Sedona Vacation Rental Law
Signed by the Governor earlier this year, SB 1350 will take effect on January 1st, 2017 – the allowance of vacation rentals, state wide. So, what does it mean?
- Cities, towns and counties can no longer restrict the use of short-term/vacation rentals.
- Provides a mechanism to collect rental taxes and remit to the AZ Department of Revenue.
- Creates more economic opportunity and inclusiveness, while protecting the private property rights of homeowners.
- CC&Rs of subdivision(s) WILL SUPERSEDE this ruling. If your subdivision’s CC&Rs have language restricting the length of rental periods, you must still abide by those timeframes.
So the question becomes, can a subdivision make changes to their CC&Rs to prohibit vacation rentals? The answer is yes, by a supermajority vote of homeowners (67% or higher is typically needed). Read below to see what this means for you as a Buyer of Sedona Real Estate & a current Sedona Resident.
Buyers
New Vacation Rental Law – What this means for you as a buyer in Sedona?
- Better opportunities for you to earn income on a piece of Sedona Property while you are not using it.
- We expect property taxes to increase for those who vacation rent (short-term lease) their Sedona Home.
- As stated above, there will be additional taxes + fees to be collected from your proceeds per stay.
- CC&Rs will supersede this ruling, therefore when beginning your search for Sedona Real Estate, be sure to connect with an experienced Sedona Realtor to help you research which subdivisions have minimum rental periods. Keep in mind that the CC&Rs may be amended at any time – it is our advice to be cautious when purchasing a Sedona Home solely for the purpose of vacation renting it.
Disclaimer: The city of Sedona may try to appeal this ruling. If they do, the effective January 1st date may be postponed. It is our advice to be cautious when purchasing a Sedona Property for the sole purpose of vacation renting it. Long term rentals can also be a lucrative form of passive income.
If you are interested in buying or selling Sedona Property, please call us to ‘get the ball rolling’. We’re here to help.
For more home buying tips, click for our Sedona Home Buying Guide.
Sellers
New Vacation Rental Law – What this means for you as a Sedona Homeowner?
Is your Sedona Property a second home/investment property? For those of you who are interested in vacation renting your property, now is the time to prepare for January 1st by researching your CC&Rs and setting up systems. If you live out of town, we recommend finding a reliable cleaning service, handyman, and/or a Sedona Property Manager to make the operation run smoothly.
Fulltime Sedona Residents – This ruling is a good thing for income properties; however, as a fulltime Sedona resident, you may not want the increase of traffic to your neighborhood. Look below for what to do if you DO NOT want your neighbors’ vacation renting their home(s).
- Be active in your HOA Meetings – At this time, the only thing that can supersede this ruling is the restriction of short-term rentals within your CC&Rs. You can be active in the process and suggest an amendment to the CC&Rs via the voting process.
- Move – Excuse our bluntness, but if your Subdivision is not willing to amend the CC&R’s via a supermajority vote, then one option may be to sell and move to a Sedona Subdivision with minimum rental requirements.
- Take a ‘wait & see’ approach - Be happy that your property owner’s rights are protected and you maintain the ability and flexibility to decide who occupies your property.
For more Selling Tips, or ideas to Stage Your Home, visit the Sedona Property Selling Tips on our website.
Feature Sedona Subdivision
Les Springs
Nestled at the base of Airport Mesa, Les Springs has panoramic views that will make everyone in town jealous. This gated community is full of luxury homes that overlook the town of Sedona.
For more information about Les Springs Properties for sale or Subdivision Details please don’t hesitate to Contact Us at 928.821.3508 or 928.282.4166 ext 253.
Les Springs
Did you enjoy the video tour of this subdivision? Take a look at the link below and see if there are any homes that meets your needs. Les Springs, located in Uptown Sedona, is a great place to enjoy all things Sedona. Click below to view:
Featured Properties
55 Cathedral Rock Drive #19
Immaculate townhouse in Sedona! Desirable location with red rock views. Beautifully landscaped and walking distance to the country club, tennis courts, pool and spa. Newly remodeled kitchen with solid alder cabinets & soft close features. Remodeled large master bath with 2 sinks granite counter tops solid alder wood cabinets and spa shower with 4 jets sprays and wand. Large living room with fireplace, large master bedroom en suite, large guest room, den/bedroom, enclosed Arizona room and 2 car attached garage...
For more features & information on this Sedona Home please Email Rob & Pam - or give us a call 928.821.3508.
5 Paseo Del Inez
Luxury custom building lot overlooking Seven Canyons 18 hole Golf Club. Panoramic views of the golf course as well as the famous Sedona red rocks. Enjoy the stunning red rock views, exquisite sunrises and magnificent sunsets. Owner may carry with 20% down...
Call Rob for more details about this opportunity to own Sedona Land - 928.821.3508 or Email Us.
Recipe of the Month
Grilled Shrimp with Roasted Garlic-Cilantro Sauce
Serves 4 | Prep Time: 15 Mins | Cook Time: 16 Mins
Recipe curtesy of TheMediterraneanDish.com
Ingredients
- 1.5 lb uncooked prawns
- Salt and pepper
- Olive oil
- 1 small head garlic, top trimmed off
- 1 cup chopped fresh cilantro leaves
- 1 lime, juice of
- 1 tbsp dry white wine
- 3 tbsp olive oil
- 2 tbsp chili sauce (or 1 tbsp dry chili flakes)
Roasted garlic-cilantro sauce:
Directions
- Preheat your oven to 400 degrees F.
- Peel, devein and rinse the prawns or your choice of shrimp. Pat dry and season with salt and pepper. Place the prawns in the fridge until ready to grill.
- Trim the top of the garlic head off, but leave the garlic intact. Drizzle generously with olive oil. Roast the garlic in the 400 degree F-heated oven for about 10-15 minutes or until slightly tender and fragrant. When ready, remove from the oven. Let cool briefly. Peel and crush or chop the roasted garlic as finely as possible.
- Now prepare the roasted garlic-cilantro sauce. In a small bowl, combine the roasted garlic with the remaining sauce ingredients of cilantro, lime juice, white wine, olive oil and chili sauce. Whisk together and set aside.
- When ready, lightly oil and heat a cast-iron grill or griddle to medium-high. Dress the prawns with a little olive oil and grill for 3-4 minutes on each side. You want to achieve some char, but be careful not to overcook the prawns.
- Remove the prawns from the grill to a bowl and coat well with the roasted garlic and cilantro sauce. Transfer to a serving platter. Alternatively, transfer the grilled prawns to a serving platter and simply add the roasted garlic-cilantro sauce on the side.
- Serve with pasta or rice and a green salad for dinner; or simply as a party appetizer. Enjoy!
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If you have any difficulty, let us know and we can walk you through the process. Thanks again for your time!
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We know that buying and selling a home is an exciting, but stressful experience. We will do our best to make sure you are informed and comfortable throughout the process.
We know the local inventory and are up to date on current market conditions. We will be truthful in our assessments and will strive to make your dream of buying or selling a Sedona Property a success! Give us a call today and schedule an appointment to see great Sedona Real Estate Deals.