$3,399,000
Paradise Valley, AZ 85253
MLS# 6522750
Status: Closed
1 / 19
Property Description
**JUST REDUCED $450K FOR QUICK SALE!** GREAT OPPORTUNITY FOR AN INVESTOR/BUILDER!! BEST PRICED FINISHED LOT WITH PAD ON THE MARKET! HILLSIDE ESTATE LOT IN THE EXCLUSIVE ESTATES AT PARADISE RESERVE. HILLSIDE APPROVAL, CITY APPROVAL AND RETAINING WALLS DONE. ALL PLANS ARE INCLUDED WITH THE PURCHASE INCLUDING PLANS FOR A CONTEMPORARY DESIGNED 8127 SQ FT HOME. THIS DISTINCTIVE ESTATE HOMESITE COMBINES HIGH-DESERT LUXURY AND BIG-CITY LIFESTYLE. COMMUNITY HAS A STATE-OF-THE-ART GENERATOR ~ FIRE/WATER PRESSURE SYSTEM FOR HILLSIDE HOMES. LOCATED ON THE SOUTH SLOPE OF THE PHOENIX NATURE PRESERVE. THE VIEWS FROM THIS LOT OF THE ENTIRE PARADISE VALLEY, CAMELBACK MOUNTAIN, NATURE PRESERVE AND DOWNTOWN PHOENIX AND THE CITY LIGHTS ARE INCREDIBLE! PRIVATE AND SECURE LOT. GUARD GATED COMMUNITY.
Details
Contract Information
Type: Exclusive Right To Sell
For Sale or Lease?: Sale
Current Price: $3,399,000
Sold Price: $3,399,000
Status: Closed
List Date: 2023-02-20
Location, Tax & Legal
Lot #: 5
Assessor's Map #: 3
Legal Description (Abbrev): LOT 5 LINCOLN 40 MCR 090532
Assessor's Parcel #: 126
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 105102
Taxes: 18027
Map Code/Grid: N35
House Number: 6800
Compass: N
Street Name: 39TH
St Suffix: Place
City/Town Code: Paradise Valley
State/Province: AZ
Zip Code: 85253
Zip4: 3270
County Code: Maricopa
Assessor Number: 164-03-126
Subdivision: PARADISE RESERVE
Tax Year: 2022
General Property Description
Apx Total Acres: 2.98
Apx Total Acres G/N: G
Price Per Acre: 1174496.64
# Lots in Listing: 1
Apx SqFt: 129927
Price Per SqFt: 26.94
Apx SqFt G/N: G
Lot Size Dimensions: IRREGULAR
Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District
Elementary School: Biltmore Preparatory Academy
Jr. High School: Biltmore Preparatory Academy
High School: Camelback High School
Zoning: PAD-LD
Legal Info
Range: 3E
Section: 12
Township: 2N
Lot Number: 5
Special Listing Cond
N/A: 1
Pmt & Rate Info
Equity: 3500000
Total Owed: 0
Assoc/Prop Info
HOA Y/N: Y
HOA Transfer Fee: 0
HOA Fee: 2725
HOA Paid (Freq): Quarterly
HOA Name: PARADISE RESERVE
HOA Telephone: 602.263.7772
PAD Fee Y/N: N
Assessed Balance: 0
HOA 2 Y/N: N
Showing Notification Methods
Showing Service: No Showing Service Used
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
None: 1
Existing Land Use
Residential Lot: 1
Zoned Presently
Single Family: 1
Existing P.A.D.: 1
Potential Use
Single Family: 1
P.A.D.: 1
Parcel Size
2.50 - 4.99 Acres: 1
Current Density
00 - 01 Units P/Acre: 1
Proposed Density
00 - 01 Units P/Acre: 1
Development Status
Subdivision Plat Apv: 1
Plans Available: 1
On Site Imp Cmplete: 1
Other: 1
See Remarks: 1
Land Features
Cul-De-Sac: 1
Gated Community: 1
Guarded Entry: 1
Borders Preserve/Public Land: 1
View
City Lights: 1
Mountain(s): 1
Vegetation
Natural Vegetation: 1
Land Configuration
Irregular Shape: 1
Road Access Type
Private Road: 1
Road Surface Type
Asphalt: 1
Road Responsibility
Road Maintenance Agreement: 1
Traffic Count
Unknown: 1
Fencing
Block: 1
Water Source
City Franchise: 1
Freeway/Highway
2.1 - 5 Miles: 1
Sewer
Sewer - Public: 1
Electric
SRP: 1
Underground: 1
Individual Meter: 1
Topography
Hillside: 1
Gas
SW Gas: 1
Underground: 1
Individual Meter: 1
Existing Structures
None: 1
Distance to Cable
On Property: 1
New Financing
Cash: 1
Conventional: 1
Distance to Phone
On Property: 1
Distance to Water
On Property: 1
Distance to Electric
On Property: 1
Distance to Gas
On Property: 1
Distance to Sewer
On Property: 1
Use Restrictions
C.C. & R's: 1
Hillside Ordinance: 1
Existing Easement: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Development Pln Aval: 1
Other (See Rmks): 1
Environmental
None: 1
Sold Info
Loan Type: Conventional
Closing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: 40TH ST & LINCOLN DR
Directions: W ON LINCOLN DR, JUST PAST 40TH ST. PROCEED THRU GUARD GATE.
Geo Lat: 33.536206
Geo Lon: -111.996878
Status Change Info
Off Market Date: 2023-11-14
Under Contract Date: 2023-11-11
Close of Escrow Date: 2023-12-15
Sold Price: $3,399,000
Property Features
Special Listing Cond: N/A
Existing Land Use: Residential Lot
Zoned Presently: Single Family; Existing P.A.D.
Potential Use: Single Family; P.A.D.
Parcel Size: 2.50 - 4.99 Acres
Current Density: 00 - 01 Units P/Acre
Proposed Density: 00 - 01 Units P/Acre
Development Status: Subdivision Plat Apv; Plans Available; On Site Imp Cmplete; Other; See Remarks
Land Features: Cul-De-Sac; Gated Community; Guarded Entry; Borders Preserve/Public Land
View: City Lights; Mountain(s)
Vegetation: Natural Vegetation
Land Configuration: Irregular Shape
Road Access Type: Private Road
Road Surface Type: Asphalt
Road Responsibility: Road Maintenance Agreement
Traffic Count: Unknown
Topography: Hillside
Existing Structures: None
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP; Underground; Individual Meter
Gas: SW Gas; Underground; Individual Meter
Distance to Cable: On Property
Distance to Phone: On Property
Distance to Water: On Property
Distance to Electric: On Property
Distance to Gas: On Property
Distance to Sewer: On Property
New Financing: Cash; Conventional
Use Restrictions: C.C. & R's; Hillside Ordinance; Existing Easement
Environmental: None
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Fencing: Block
Listing Office: Grigg's Group Powered by The Altman Brothers
Last Updated: April - 26 - 2025
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