Two parcels totaling over ½ mile of frontage on Scenic Highway 77, split on the east and west sides of the highway, just north of the historic Christmas mining area. Dripping Springs wash runs through the northern section, with cattle and horse corrals in place. Two homes on site -- 1,763 sf and 1,800 sf -- both in need of repair, along with several outbuildings also needing work. One registered well with a well house that requires repairs. On the southwest side of the highway sits a 1,600 sf building, most recently used as Dripping Springs Family of God Baptist Church and previously operated as a convenience store; the surrounding land has served as an RV park. A rare mix of highway frontage, water access, and multiple structures with strong upside potential. CHRISTMAS RANCH OFFERING MEMORANDUMGlobe AZ Property · Neil Blindauer, DeLex Realty · Page 2This Offering Memorandum is provided for informational purposes to prospective buyers evaluating Christmas Ranch. All figures,dimensions, and descriptions are believed accurate but are not warranted and should be independently verified during due diligence,including through the Gila County Assessor and appropriate zoning authorities.INVESTMENT SUMMARYChristmas Ranch offers 120 acres across two parcels straddling more than half a mile of frontage on ScenicHighway 77, just north of the historic Christmas mining district in Gila County, Arizona. At an asking price of$300,000, the offering is priced at roughly $2,500 per acre -- well under recent Highway 77 corridorcomparables, which have ranged from $5,000 to $18,000 per acre depending on parcel size andimprovements.Unlike raw acreage, this property already carries multiple existing structures -- two homes, a commercialbuilding, corrals, and outbuildings -- plus a registered well and year-round wash access. The combination ofbelow-market basis, highway visibility, water rights, and a documented multi-use history (residential,commercial retail, church, and RV park) gives an investor several independent paths to value rather than asingle-use bet.Key Investment Highlights-- Below-market basis: approximately $2,500 per acre against a corridor range of $5,000-$18,000 peracre.-- Over 0.5 mile of frontage on Scenic Highway 77 spanning both sides of the road -- dual road-facingexposure.-- Existing 1,600 sq ft commercial building with a proven multi-use track record: convenience store,church, and surrounding RV park.-- Two residential structures (1,763 sq ft and 1,800 sq ft) offering rental, owner-occupant, or caretakerhousing upside once repaired.-- Registered well plus Dripping Springs wash frontage -- water access is one of the scarcest and mostvaluable assets in rural Gila County.-- Cattle and horse corrals already in place, supporting immediate agricultural or equestrian use withoutnew construction.-- Two-parcel configuration (east and west of the highway) allows split-use, phased development, orresale as separate assets.-- Proximity to the Christmas mining area positions the site for potential workforce housing, staging, orsupply-point demand.PROPERTY OVERVIEWProperty Name Christmas RanchLocation Scenic Highway 77, Gila County, Arizona -- immediately north of the Christmas mining areaCHRISTMAS RANCH OFFERING MEMORANDUMHighway Frontage Over 1/2 mile combined frontage on Scenic Highway 77Zoning Commercial -- exempt, non-profitAsking Price $300,000 ($2,500 / acre)Water - one registered well with well house (needs repair); Dripping Springs wash crosses the northern section.EXISTING IMPROVEMENTSTh
Listed By
Agency Name: Delex Realty
Agency Phone: 602-910-3002
Shown By
Agent Name: Kay Dorris
Agent Phone: (480) 296-3222
Agency Title: Arizona Best Real Estate
Estimated Payment
$ 755.17 per month $667.67 Principal & Interest $0.00 Property Tax (data not provided by mls) $87.50 Homeowner's Insurance
“All information should be verified by the recipient and none is
guaranteed as accurate by ARMLS”
5053 S Highway 77, Unit - | MLS# 7064335
This land located at 5053 S Highway 77, Unit -, Winkelman, AZ 85192 is currently listed for sale with an asking price of $300,000. The property has approximately 120.46 Acres. S Highway 77, Unit - is located within the Hayden-Winkelman Unified District school district. Search Winkelman real estate on kdorris.arizonabest.com today.