2601 E PARADISE Lane #18, Phoenix, AZ 85032
2601 E PARADISE Lane #18, Phoenix, AZ 85032
2601 E PARADISE Lane #18, Phoenix, AZ 85032
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$499,000
Est. payment /mo
0.81 Acres Lot
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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Kay Acres

MLS Listing ID 7095969

HOA Y/N No

Annual Tax Amount $2,098

Tax Year 2025

Lot Size 0.815 Acres

Acres 0.81

Lot Dimensions 0.815 acres

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Situated on an expansive 35,480-square-foot (approximately 0.81-acre) lot in an evolving North Phoenix neighborhood, this R-3 zoned property presents a compelling opportunity for investors, developers, and visionaries looking to capitalize on the area's continued revitalization and long-term growth potential.
Previously operating as a six-unit residential compound with multiple income-producing residences, the property offers a unique opportunity to reimagine its next chapter. The site has sustained significant fire damage, with only one of the original buildings remaining standing, creating an opportunity to explore redevelopment, reconstruction, or an entirely new residential investment concept. With its generous lot size, established residential surroundings, and convenient proximity to major transportation corridors, shopping, dining, and employment centers, the property offers an attractive foundation for a potential income-producing development.
Whether envisioning multifamily housing, a thoughtfully designed residential compound, or another permitted use, the possibilities are worth exploring. An opportunity to acquire a substantial parcel in an evolving North Phoenix location and unlock its future potential. Buyer to verify zoning, allowable density, development requirements, and feasibility with the City of Phoenix.

Location

State AZ

County Maricopa

Community Kay Acres

Area Maricopa

Zoning R-3

Direction Cave Creek Rd north of Greenway to Paradise.

Interior

Flooring Flooring

Exterior

Fence Block

Private Pool No

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

Elementary Schools Whispering Wind Academy

Middle Schools Explorer Middle School

High Schools Paradise Valley High School

School District Paradise Valley Unified District

Others

Senior Community No

Tax ID 214-40-022-D

Acceptable Financing Cash

Horse Property N

Disclosures Other (See Rmks)

Listing Terms Cash


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Arizona Regional MLS (ARMLS)
Listed by Keller Williams Realty Sonoran Living • Andrea D Garcia

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Jennifer Patnode

Jennifer Patnode

+1(480) 324-6050

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