$2,900,000
Scottsdale, AZ 85262
MLS# 6521393
Status: Closed
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Property Description
Just reduced by $1,000,000! Don't miss this Incredible opportunity to own 8 acres of prime view property in the most coveted neighborhood in North Scottsdale. Esperanza Estates at Pinnacle Peak is an exclusive 79-acre gated community featuring just 17 multi-acre homesites. This community which borders Estancia and the 150-acre Pinnacle Peak Park sold out in 2020. Lots 1 and 2 are now available for resale. With all utilities on property, these lots can either be sold with plans from Chen + Suchart Studio as imagined in the renderings included in the photos; or provide the site for your individually inspired dream home. Either way this is a rare chance to own estate property amidst other multi-acre estates insuring privacy, security, and uninterrupted city light and sunset views.
Details
Maps
Contract Information
Type: Exclusive Right To Sell
For Sale or Lease?: Sale
Current Price: $2,900,000
Sold Price: $2,900,000
Status: Closed
List Date: 2023-02-16
Location, Tax & Legal
Lot #: 1 & 2
Assessor's Map #: 85
Legal Description (Abbrev): ESPERANZA ESTATES AT PINNACLE PEAK
Assessor's Parcel #: 58
Add'l Parcels: Yes
Tax Municipality: Scottsdale
Census Tract: 216829
Taxes: 10277
Map Code/Grid: H38
House Number: 26808
Compass: N
Street Name: 95TH
St Suffix: Street
City/Town Code: Scottsdale
State/Province: AZ
Zip Code: 85262
Zip4: 7323
County Code: Maricopa
Assessor Number: 216-85-058
Subdivision: Esperanza Estates at Pinnacle Peak
Tax Year: 2022
General Property Description
Apx Total Acres: 8.04
Apx Total Acres G/N: G
Price Per Acre: 472014.93
# Lots in Listing: 2
Apx SqFt: 350299
Price Per SqFt: 10.83
Apx SqFt G/N: G
Lot Size Dimensions: IRR
Flood Zone: TBD
Horses: N
Elementary School District: Cave Creek Unified District
High School District: Cave Creek Unified District
Elementary School: Desert Sun Academy
Jr. High School: Sonoran Trails Middle School
High School: Cactus Shadows High School
Zoning: R-190
Legal Info
Range: 5E
Section: 31
Cnty Rcrd Bk & Pg #: 886-44
Township: 5N
Lot Number: 1 & 2
Special Listing Cond
N/A: 1
Pmt & Rate Info
Equity: 3795000
Total Owed: 0
Assoc/Prop Info
HOA Y/N: Y
HOA Transfer Fee: 0
HOA Fee: 6240
HOA Paid (Freq): Annually
HOA Name: Esperanza HOA
HOA Telephone: 248-505-3805
PAD Fee Y/N: N
Assessed Balance: 0
HOA 2 Y/N: N
Showing Notification Methods
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
None: 1
Existing Land Use
Residential Lot: 1
Zoned Presently
Single Family: 1
Potential Use
Single Family: 1
Parcel Size
5.00 - 9.99 Acres: 1
Current Density
00 - 01 Units P/Acre: 1
Other (See Rmks): 1
Proposed Density
00 - 01 Units P/Acre: 1
Other (See Rmks): 1
Development Status
Subdivision Plat Apv: 1
Land Features
Dual Street Ftg: 1
Gated Community: 1
North/South Exp: 1
View
City Lights: 1
Mountain(s): 1
Vegetation
Natural Vegetation: 1
High Desert: 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
Up to 5,000: 1
Fencing
None: 1
Water Source
City Franchise: 1
Freeway/Highway
2.1 - 5 Miles: 1
Sewer
Sewer - Public: 1
Electric
APS: 1
Topography
Gentle Sloping: 1
Gas
SW Gas: 1
Existing Structures
None: 1
Distance to Cable
Call Listing Office: 1
New Financing
Cash: 1
Conventional: 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
On Property: 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
C.C. & R's: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
Boundary Survey Avlb: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
Phase I Available: 1
None: 1
Existing Other Loan
Not Applicable: 1
Sold Info
Loan Type: Other
Closing Cost Split: Normal - N
Payment Type: Other
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: Pima and Jomax
Directions: Pima Rd, North to Jomax Rd, East on Jomax Rd to end which is the entrance to Esperanza
Geo Lat: 33.728546
Geo Lon: -111.877255
Status Change Info
Off Market Date: 2023-10-06
Under Contract Date: 2023-09-20
Close of Escrow Date: 2023-10-05
Sold Price: $2,900,000
Property Features
Special Listing Cond: N/A
Existing Land Use: Residential Lot
Zoned Presently: Single Family
Potential Use: Single Family
Parcel Size: 5.00 - 9.99 Acres
Current Density: 00 - 01 Units P/Acre; Other (See Rmks)
Proposed Density: 00 - 01 Units P/Acre; Other (See Rmks)
Development Status: Subdivision Plat Apv
Land Features: Dual Street Ftg; Gated Community; North/South Exp
View: City Lights; Mountain(s)
Vegetation: Natural Vegetation; High Desert
Land Configuration: Irregular Shape
Road Access Type: Private Road
Road Surface Type: Asphalt
Road Responsibility: Road Maintenance Agreement
Traffic Count: Up to 5,000
Topography: Gentle Sloping
Existing Structures: None
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Distance to Cable: Call Listing Office
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
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
Use Restrictions: C.C. & R's
Environmental: Phase I Available; None
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Fencing: None
Listing Office: RETSY
Last Updated: October - 06 - 2023
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