1516 E Paradise Lane Unit -, Phoenix, AZ 85022
- $650,000
- Sold Price
- $650,000
- List Price
- $705,000
- Closing Date
- Mar 14, 2025
- Days on Market
- 126
- Status
- CLOSED
- MLS#
- 6766879
- City
- Phoenix
- Lot Size
- 62,516
- Subdivision
- Paradise Lane Villas Condominium
Property Description
Prime Building Opportunity! An incredible chance to develop six homes, with complete plans ready for execution. This is ideal for a small builder or anyone looking to create a charming rental community. Each home offers approximately 3,000 square feet, featuring three bedrooms, an office/den, four and a half bathrooms, spacious view decks, and two-car garages with direct access. While the subdivision is platted as a condominium, all homes are free-standing with no shared walls. Lookout Mountain views and within walking distance to hiking trails.
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Additional Information
- Elementary School
- Aire Libre Elementary School
- High School
- North Canyon High School
- Middle School
- Greenway Middle School
- School District
- Paradise Valley Unified District
- Acres
- 1.44
- Hoa Fee Frequency
- Monthly
- Hoa
- Yes
- Hoa Name
- PARADISE LANE VILLAS
- Electric
- APS
- Fencing
- None
- Lot Size
- 62,516
- New Financing
- Cash, Conventional
- Lot Features
- East/West Exposure, North/South Exp
- Sewer
- Private Sewer
- Subdivision
- Paradise Lane Villas Condominium
- Taxes
- $3,876
- Tax Year
- 2023
- Vegetation
- Natural Vegetation
- Water
- City Franchise
- Zoning
- R1-10
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Listing courtesy of Griggs's Group Powered by The Altman Brothers. Selling Office: Non-MLS Office.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.