$2,750,000
57302 N BLACK CANYON Highway, B,C,D
New River, AZ 85087
MLS# 6207117
Status: Closed

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57302 N BLACK CANYON Highway, B,C,D, New River, AZ 85087
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Property Description
The Nugent Homestead has incredible views of the Bradshaw Mountain Range, Saguros, Palo Verdes, and Chollas. Located between Lake Pleasant and Rock Springs with 154 acres with Moores Gulch that flows into the headwaters of Agua Fría River. The area is a natural wonder with great potential uses as an entertainment venue, RV park, manufactured home park or subdivision with 130 lots outside of the Phoenix water AMA. SEE ATTACHED DOCS FOR DUE DILIGENCE & OFFERING MEMORANDUM. OUTSIDE OF THE PHOENIX WATER AMA BOUNDARY. WELLS IN THE AREA AT SHALLOW DEPTHS. I-17 WIDENING EXPANSION EXPLAINED https://youtu.be/EbJNh2hlso0 https://youtu.be/qst6aqESXnY https://youtu.be/uJ3h0pP5sYM

Details
Maps
Documents
Contract Information
Current Price: $2,750,000
Sold Price: $2,750,000
Status: Closed
List Date: 2021-03-13
For Sale or Lease?: Sale
Type: ER
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 3.5
Variable Commission: N
Location, Tax & Legal
Map Code/Grid: B32
House Number: 57302
Compass: N
Street Name: BLACK CANYON
St Suffix: Highway
Lot #: B,C,D
City/Town Code: New River
State/Province: AZ
Zip Code: 85087
Country: USA
County Code: Maricopa
Assessor's Map #: 2
Assessor's Parcel #: 2
Assessor Parcel Ltr: C
Add'l Parcels: Yes
Assessor Number: 202-02-002-C
Subdivision: TABLE MESA RANCH
Tax Municipality: Maricopa - COUNTY
Taxes: 4750
Tax Year: 2020
Marketing Name: NUGENT HOMESTEAD
General Property Description
Apx Total Acres: 154
Apx Total Acres G/N: G
Price Per Acre: 21103.9
# Lots in Listing: 3
# Units Allowed: 130
Apx SqFt: 6708240
Price Per SqFt: 0.48
Apx SqFt G/N: G
Lot Size Dimensions: 2650' x 2650'
Horses: Y
Street Frontage: 2650
Zoning: R43
Flood Zone: Yes
Elementary School: New River Elementary School
Jr. High School: Canyon Springs
High School: Boulder Creek High School
Elementary School District: Deer Valley Unified District
High School District: Deer Valley Unified District
Remarks & Misc
Cross Street: I-17 & TABLE MESA EXIT 136
Directions: I-17 & TABLE MESA RD EXIT 136, ON THE FRONTAGE ROAD GO A 1.75 MILE, TURN RIGHT ON (9999) RD THEN GO 3/4 MILES, TURN RIGHT (9999) RD GO 3/4 MILE TURN, TURN LEFT GO SIGN
Geo Lat: 34.002998
Geo Lon: -112.146419
Status Change Info
Status Change Date: 2023-08-02
Off Market Date: 2023-04-29
Under Contract Date: 2022-04-01
Close of Escrow Date: 2023-08-01
Sold Price: $2,750,000
Legal Info
Township: 8N
Range: 2E
Section: 27 SW 1/4
Lot Number: B,C,D
Pmt & Rate Info
Down Payment %: 20
Seller May Carry - Amount: 2600000
Seller Carry - Interest Rate: 6
Seller Carry - Term: 530
Equity: 3250000
Assoc/Prop Info
HOA Y/N: N
PAD Fee Y/N: N
HOA 2 Y/N: N
Sold Info
Loan Type: Carryback
Loan Years: 5
Closing Cost Split: Normal - N
Payment Type: Balloon
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Special Listing Cond: N/A
Existing Land Use: Residential Lot; Farm; Ranch
Zoned Presently: Single Family; Agricultural; Rural; Ranch
Potential Use: Single Family; Commercial; Industrial; Agricultural; Mobile/Mgf Hme/RV's; Hotel/Motel; Ranch; Recreational; Rural
Parcel Size: 120.00 - 299.99 Acre
Current Density: 00 - 01 Units P/Acre
Proposed Density: 02 - 05 Units P/Acre
Development Status: Raw Land; Plans Available
Land Features: Mountain View(s); Adjacent to Wash; Borders Pres/Pub Lnd
Elevation: 1,001 - 2,000 Ft
Elevation Source: USGS
Vegetation: Natural Vegetation; High Desert; Treed; Chaparral Scrub
Land Configuration: Square Rectangular; Irregular Shape; Section Line
Roads/Streets: Gravel; Dirt; Treated; Asphalt; Dedicated Street
Road Responsibility: County Maintained Road
Freeway/Highway: Frontage
Topography: Gentle Sloping; Steep Sloping; Hillside; Rolling; Existing Wash(s)
Existing Structures: None
Water: None
Sewer: No Sewer/Septic
Electric: APS
Gas: High Pressure
Distance to Cable: Under 350 Feet
Distance to Phone: Under 350 Feet
Distance to Water: Call Listing Office
Distance to Electric: On Property
Distance to Gas: Under 350 Feet
Distance to Sewer: None
New Financing: Seller Approve Terms; Seller May Carry
Reports/Disclosures: Seller Prop Disc Stm; ALTA Survey Alba
Environmental: None
Lockbox Type: None

Listing Office: RE/MAX Fine Properties

Last Updated: August - 02 - 2023

57302 N BLACK CANYON Highway, B,C,D, New River, AZ 85087 - MLS# 6207117
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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