$2,199,000
7120 N CLEARWATER Parkway, 185
Paradise Valley, AZ 85253
MLS# 6627348



7120 N CLEARWATER Parkway, 185, Paradise Valley, AZ 85253
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7120 N CLEARWATER Parkway, 185, Paradise Valley, AZ 85253 7120 N CLEARWATER Parkway, 185, Paradise Valley, AZ 85253 7120 N CLEARWATER Parkway, 185, Paradise Valley, AZ 85253 7120 N CLEARWATER Parkway, 185, Paradise Valley, AZ 85253 7120 N CLEARWATER Parkway, 185, Paradise Valley, AZ 85253 7120 N CLEARWATER Parkway, 185, Paradise Valley, AZ 85253 7120 N CLEARWATER Parkway, 185, Paradise Valley, AZ 85253 7120 N CLEARWATER Parkway, 185, Paradise Valley, AZ 85253 7120 N CLEARWATER Parkway, 185, Paradise Valley, AZ 85253 7120 N CLEARWATER Parkway, 185, Paradise Valley, AZ 85253 7120 N CLEARWATER Parkway, 185, Paradise Valley, AZ 85253 7120 N CLEARWATER Parkway, 185, Paradise Valley, AZ 85253 7120 N CLEARWATER Parkway, 185, Paradise Valley, AZ 85253 7120 N CLEARWATER Parkway, 185, Paradise Valley, AZ 85253 7120 N CLEARWATER Parkway, 185, Paradise Valley, AZ 85253 7120 N CLEARWATER Parkway, 185, Paradise Valley, AZ 85253

Property Description
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.

Details
Maps
Contract Information
Current Price: $2,199,000
List Price: $2,199,000
Status: Active
List Date: 2023-11-06
For Sale or Lease?: Sale
Type: ER
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 2.5
Variable Commission: N
Location, Tax & Legal
House Number: 7120
Compass: N
Street Name: CLEARWATER
St Suffix: Parkway
Lot #: 185
City/Town Code: Paradise Valley
State/Province: AZ
Zip Code: 85253
Zip4: 2818
Country: USA
County Code: Maricopa
Assessor's Map #: 13
Assessor's Parcel #: 52
Add'l Parcels: No
Assessor Number: 169-13-052
Legal Description (Abbrev): LOT 185 CLEARWATER HILLS 2 LOTS 197-198, 201-206 MCR 008425
Subdivision: CLEARWATER HILLS 2 LOTS 197-198, 201-206
Census Tract: 105103
Tax Municipality: Maricopa - COUNTY
Taxes: 6230
Tax Year: 2023
Marketing Name: Clearwater Hills
General Property Description
Apx Total Acres: 0.82
Apx Total Acres G/N: G
Price Per Acre: 2681707.32
# Lots in Listing: 1
# Units Allowed: 1
Apx SqFt: 35525
Price Per SqFt: 61.9
Apx SqFt G/N: G
Lot Size Dimensions: Irregular
Horses: N
Zoning: R-43
Flood Zone: No
Elementary School: Kiva Elementary School
Jr. High School: Mohave Middle School
High School: Saguaro High School
Elementary School District: Scottsdale Unified District
High School District: Scottsdale Unified District
Remarks & Misc
Cross Street: Tatum Blvd & Lincoln Dr.
Directions: Attention - Gated. you can not use 40th St to enter the community. From Lincoln, head north on Tatum to Clearwater Parkway. After guard gate, GPS will be accurate.
Geo Lat: 33.541052
Geo Lon: -111.993449
Status Change Info
Status Change Date: 2024-04-24
Legal Info
Township: 2N
Range: 4E
Section: 6
Lot Number: 185
Pmt & Rate Info
Equity: 2250000
Assoc/Prop Info
HOA Y/N: Y
HOA Transfer Fee: 200
HOA Fee: 4500
HOA Paid (Freq): Annually
HOA Name: Clearwater Hills
HOA Telephone: 480-922-9080
PAD Fee Y/N: N
HOA 2 Y/N: N
Distance To Street
Distance To Street Comments: Existing driveway
Showing Notification Methods
Showing Service: Aligned Showings
Contact Info
List Agent Home Phn: 315-263-7201
Property Features
Special Listing Cond: N/A
Existing Land Use: Residential Lot
Zoned Presently: Single Family
Potential Use: Single Family
Parcel Size: .50 - .99 Acres
Current Density: 00 - 01 Units P/Acre
Proposed Density: 00 - 01 Units P/Acre
Land Features: City Light View(s); Mountain View(s); Gated Community; Guarded Entry; East/West Exposure; Adjacent to Wash
Vegetation: Natural Vegetation; Low Desert; See Remarks
Land Configuration: Pad Site
Roads/Streets: Asphalt; Private Street
Road Responsibility: Private Maintained Road
Traffic Count: Unknown
Freeway/Highway: 2.1 - 5 Miles
Topography: Hillside; Existing Wash(s)
Existing Structures: Garage(s); Residence
Water: Private Franchise
Sewer: Septic Tank; Septic-In & Connectd
Electric: APS
Gas: SW Gas
Distance to Cable: On Property
Distance to Phone: On Property
Distance to Water: On Property
Distance to Electric: On Property
Distance to Gas: On Property
Distance to Sewer: None
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
New Financing: Cash; Conventional; No Carry
Special: Unincorporated Area
Use Restrictions: C.C. & R's
Reports/Disclosures: Seller Prop Disc Stm
Environmental: None
Lockbox Type: Supra (ARMLS)
Fencing: Block; Partial

Listing Office: Realty Executives

Last Updated: May - 02 - 2024

7120 N CLEARWATER Parkway, 185, Paradise Valley, AZ 85253 - MLS# 6627348
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