$4,995,000
Scottsdale, AZ 85260
MLS# 7020668
1 / 17
Property Description
Lot split is currently underway with the city, total 2.31 acre parcel is in que to be split equally. An extremely rare development opportunity on Scottsdale's most coveted street, Charter Oak. This expansive 2.3-acre parcel offers the unique ability to split the lot, allowing a developer to build two luxury projects simultaneously. Zoning supports the split, with both future homesites having access to all necessary utilities already in place. Surrounded by stunning new construction ranging from $6M-$10M, this property sits in the heart of one of the area's most prestigious enclaves. Whether building spec or custom estates, you have the flexibility to tailor your design, timeline, and margins to maximize profitability in a proven high-end market.
Details
Contract Information
Type: Exclusive Right To Sell
For Sale or Lease?: Sale
Current Price: $4,995,000
List Price: $4,995,000
Status: Active
List Date: 2026-04-29
Location, Tax & Legal
Lot #: 5
Assessor's Map #: 23
Legal Description (Abbrev): LOT 5 VALLEY RANCHOS MCR 006833
Assessor's Parcel #: 5
Add'l Parcels: No
Tax Municipality: Scottsdale
Census Tract: 216839
Taxes: 6784
House Number: 9969
Compass: E
Street Name: CHARTER OAK
St Suffix: Road
City/Town Code: Scottsdale
State/Province: AZ
Zip Code: 85260
Zip4: 5137
Country: US
County Code: Maricopa
Assessor Number: 217-23-005
Subdivision: VALLEY RANCHOS
Tax Year: 2025
General Property Description
Apx Total Acres: 2.31
Apx Total Acres G/N: G
Price Per Acre: 2162337.66
Apx SqFt: 100803
Price Per SqFt: 49.55
Apx SqFt G/N: G
Lot Size Dimensions: 330x300
Flood Zone: No
Horses: Y
Elementary School District: Scottsdale Unified District
High School District: Scottsdale Unified District
Elementary School: Cheyenne Traditional Elementary School
Jr. High School: Cheyenne Traditional Elementary School
High School: Desert Mountain High School
Zoning: (R-35)(R1-35)
Legal Info
Range: 5E
Section: 17
Township: 3N
Lot Number: 5
Special Listing Cond
N/A: 1
Status Update
Multiple Offers Received: 1
Pmt & Rate Info
Equity: 4995000
Total Owed: 0
Assoc/Prop Info
HOA Y/N: N
PAD Fee Y/N: N
Assessed Balance: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
None: 1
Existing Land Use
Residential Lot: 1
Zoned Presently
Single Family: 1
Ranch: 1
Potential Use
Single Family: 1
Ranch: 1
Parcel Size
1.00 - 2.49 Acres: 1
Current Density
00 - 01 Units P/Acre: 1
Proposed Density
00 - 01 Units P/Acre: 1
Development Status
Raw Land: 1
Land Features
North/South Exp: 1
View
Mountain(s): 1
Elevation
1,001 - 2,000 Ft: 1
Elevation Source
Owner: 1
Vegetation
Natural Vegetation: 1
Land Configuration
Square Rectangular: 1
Road Access Type
City Street: 1
Road Surface Type
Asphalt: 1
Road Responsibility
City Maintained Road: 1
Traffic Count
Unknown: 1
Fencing
Brick: 1
Block: 1
Water Source
City Franchise: 1
Freeway/Highway
Up to 1 Mile: 1
Sewer
Sewer - Available: 1
Septic Tank: 1
Septic-In & Connectd: 1
Electric
APS: 1
Topography
Level: 1
Gentle Sloping: 1
Existing Wash(s): 1
Gas
None: 1
Existing Structures
Residence: 1
Irrigation
None: 1
Distance to Cable
On Property: 1
New Financing
Cash: 1
Conventional: 1
1031 Exchange: 1
Special
Incorporated Area: 1
Accepting Back-Ups: 1
Distance to Phone
On Property: 1
Distance to Water
On Property: 1
Existing 1st Loan
Treat as Free&Clear: 1
Distance to Electric
On Property: 1
Existing 1st Loan Type
Not Applicable: 1
Distance to Gas
None: 1
Existing 1st Loan Terms
Not Applicable: 1
Distance to Sewer
On Property: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Use Restrictions
Existing Easement: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
None: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Other Loan
Not Applicable: 1
Remarks Misc
Directions: Exit 101 at Cactus and Head East. Heading East on Cactus take a Left on 100th St. Take your First Left onto Charter Oak, Home will be on Left.
Geo Lat: 33.598352
Geo Lon: -111.866966
Property Features
Special Listing Cond: N/A
Status Update: Multiple Offers Received
Existing Land Use: Residential Lot
Zoned Presently: Single Family; Ranch
Potential Use: Single Family; Ranch
Parcel Size: 1.00 - 2.49 Acres
Current Density: 00 - 01 Units P/Acre
Proposed Density: 00 - 01 Units P/Acre
Development Status: Raw Land
Land Features: North/South Exp
View: Mountain(s)
Elevation: 1,001 - 2,000 Ft
Elevation Source: Owner
Vegetation: Natural Vegetation
Land Configuration: Square Rectangular
Road Access Type: City Street
Road Surface Type: Asphalt
Road Responsibility: City Maintained Road
Traffic Count: Unknown
Topography: Level; Gentle Sloping; Existing Wash(s)
Existing Structures: Residence
Water Source: City Franchise
Irrigation: None
Sewer: Sewer - Available; Septic Tank; Septic-In & Connectd
Electric: APS
Gas: None
Distance to Cable: On Property
Distance to Phone: On Property
Distance to Water: On Property
Distance to Electric: On Property
Distance to Gas: None
Distance to Sewer: On Property
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Other Loan: Not Applicable
New Financing: Cash; Conventional; 1031 Exchange
Special: Incorporated Area; Accepting Back-Ups
Use Restrictions: Existing Easement
Environmental: None
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Fencing: Brick; Block
Listing Office: Compass
Last Updated: May - 29 - 2026
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