$950,000
$1,250,000
24.0%For more information regarding the value of a property, please contact us for a free consultation.
1.36 Acres Lot
SOLD DATE : 03/21/2023
Key Details
Sold Price $950,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Phoenix Mountain Preserve
MLS Listing ID 6506355
Sold Date 03/21/23
HOA Y/N No
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Annual Tax Amount $6,284
Tax Year 2022
Lot Size 1.364 Acres
Acres 1.36
Lot Dimensions 177.19 x 337.96
Property Description
One-of-a-kind opportunity for an end user or developer to own a truly special piece of land. 1.3 acres nestled near the Phoenix Mountain Preserve with views in all directions. The current owners planned to build their dream home complete with guest house and loads of high-end finishes but had to change their plans due to a career move. The plans are all approved for a 4000 square foot main house and 600 square foot guest house and transfer with the sale. The after-completion appraisal came in at nearly $3,000,000. Developers and want to be developers, this type of opportunity rarely comes around. Build 3 custom homes and sell them all or keep one for yourself and sell the other 2 and offset your costs. The opportunities are endless.
Location
State AZ
County Maricopa
Community Phoenix Mountain Preserve
Zoning R-10
Direction West on Shea to 26th Street, South to Mountain View, West to property
Exterior
Waterfront No
Building
Lot Description Mountain View(s), North/South Exp
Sewer Septic Tank, On Property
Water City Franchise
Schools
Elementary Schools Mercury Mine Elementary School
Middle Schools Shea Middle School
High Schools Shadow Mountain High School
School District Paradise Valley Unified District
Others
Senior Community No
Tax ID 165-12-026-B
Acceptable Financing CTL
Listing Terms CTL
Financing Cash
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