While this home is lovely as-is, it is offered as a lot because it is a great candidate for redevelopment. The value is truly in the land - buildable lots in the community garner high pricing with the most recent comparable sale at $2.7m. An addition or scrape and rebuild would be profitable in this location and at this price.
This lot is nestled between mountains, with incredible views in 360 degrees. A 2nd story or walking deck would fully capture a broader city lights view to the south.
Clearwater Hills is a self-managed, guard-gated and patrolled custom home community. Private and natural, it is just 10 minutes from Arcadia bars and restaurants and 20 minutes from the airport. This home is situated near the resident-only southern entrance just before 40th St.
The ARMLS logo indicates a shared property that may be listed by a real estate brokerage other than the Russ Lyon Sotheby's International Realty. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Updated: 29th November, 2023 8:44 PM (UTC)
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