1516 E Paradise Lane Unit -, Phoenix, AZ 85022

$650,000

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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.

Additional Information

Elementary School
Aire Libre Elementary School
High School
North Canyon High School
Middle School
Greenway Middle School
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
North/South Exp, East/West Exposure
Sewer
Private Sewer
Subdivision
Paradise Lane Villas Condominium
Taxes
$3,876
Tax Year
2023
Vegetation
Natural Vegetation
Water
City Franchise
Zoning
R1-10

Courtesy of Grigg's Group Powered by The Altman Brothers. 480-788-0929 Selling Office: Non-MLS Office.

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