$1,399,000
2703 E FRIESS Drive 5
Phoenix, AZ 85032
MLS# 6929156



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Property Description
SELLER FINANCING AVAILABLE!!! Stunning elevated lot in the exclusive, gated Preserve at Shadow Mountain community! Beautifully situated among multi-million-dollar homes! Enjoy unobstructed 360° city and mountain views, perfectly situated on a culdesac with a private road bordering the preserve with direct access to hiking trails right outside your door! Just minutes from Paradise Valley Mall, premier golf courses, shopping, dining, schools, horseback riding, and major freeways. This prime central location is truly unmatched. Ready for your dream build! Don't miss the opportunity to own one of the finest lots in the Preserve at Shadow Mountain!

Details
Maps
Contract Information
Type: Exclusive Agency
For Sale or Lease?: Sale
Current Price: $1,399,000
List Price: $1,399,000
Status: Active
List Date: 2025-10-03
Location, Tax & Legal
Lot #: 5
Assessor's Map #: 54
Legal Description (Abbrev): LOT 5 PRESERVE AT SHADOW MOUNTAIN MCR 044831
Assessor's Parcel #: 7
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 103502
Taxes: 1652
House Number: 2703
Compass: E
Street Name: FRIESS
St Suffix: Drive
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85032
Zip4: 8612
County Code: Maricopa
Assessor Number: 214-54-007
Subdivision: PRESERVE AT SHADOW MOUNTAIN
Tax Year: 2024
General Property Description
Apx Total Acres: 1.11
Apx Total Acres G/N: G
Price Per Acre: 1260360.36
Apx SqFt: 48435
Price Per SqFt: 28.88
Apx SqFt G/N: G
Lot Size Dimensions: 0
Horses: N
Elementary School District: Paradise Valley Unified District
High School District: Paradise Valley Unified District
Elementary School: Larkspur Elementary School
Jr. High School: Shea Middle School
High School: Paradise Valley High School
Zoning: RES
Legal Info
Range: 3E
Section: 11
Township: 3N
Lot Number: 5
Special Listing Cond
N/A: 1
Pmt & Rate Info
Equity: 1500000
Total Owed: 0
Assoc/Prop Info
HOA Y/N: Y
HOA Transfer Fee: 250
HOA Fee: 339.94
HOA Paid (Freq): Quarterly
HOA Name: Presereve at SM
HOA Telephone: 480-483-8290
PAD Fee Y/N: N
Assessed Balance: 0
HOA 2 Y/N: N
Showing Notification Methods
Showing Service: Aligned Showings
Text: 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
1.00 - 2.49 Acres: 1
Land Features
Cul-De-Sac: 1
Gated Community: 1
North/South Exp: 1
Border Common Area: 1
Borders Preserve/Public Land: 1
View
City Lights: 1
Mountain(s): 1
Vegetation
Low Desert: 1
Land Configuration
Irregular Shape: 1
Road Surface Type
Asphalt: 1
Fencing
None: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Electric
APS: 1
Gas
None: 1
Distance to Cable
On Property: 1
New Financing
Cash: 1
Conventional: 1
Owner May Lease Land: 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
Distance to Gas
None: 1
Distance to Sewer
On Property: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Remarks Misc
Cross Street: 28th St & Thunderbird
Geo Lat: 33.613137
Geo Lon: -112.024211
Property Features
Special Listing Cond: N/A
Existing Land Use: Residential Lot
Zoned Presently: Single Family
Potential Use: Single Family
Parcel Size: 1.00 - 2.49 Acres
Land Features: Cul-De-Sac; Gated Community; North/South Exp; Border Common Area; Borders Preserve/Public Land
View: City Lights; Mountain(s)
Vegetation: Low Desert
Land Configuration: Irregular Shape
Road Surface Type: Asphalt
Water Source: City Franchise
Sewer: Sewer - Public
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
New Financing: Cash; Conventional; Owner May Lease Land
Environmental: None
Showing Notification Methods: Text; Phone Call
Lockbox Type: None
Fencing: None

IDX
Listing Office: West USA Realty

Last Updated: December - 12 - 2025

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