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Land For Sale • 0.48 AC
This unique property consists of 4 individual lots along Cave Creek Road, one of Phoenix’s key arterial streets. The top lot offers panoramic city views, making it ideal for a luxury home or a signature commercial site. Zoning & Development Potential: Currently zoned for residential use, with strong potential for rezoning to commercial or mixed-use, given the high visibility and traffic counts on Cave Creek Rd. Alternatively, the property can be subdivided into four single-family lots, each meeting Phoenix’s R1-6 zoning standards (minimum 6,000 sq. ft. per lot, 55’ width, 15’ front setback). This creates an excellent opportunity for custom homes or a small residential enclave. Owner Will Carry Financing: Flexible terms available for qualified buyers.
| Median household income is $102,589, and average home values exceed $1M, reflecting strong purchasing power. |
| 76% of residents are married, and the area is known for low crime, scenic desert landscapes, and proximity to upscale amenities. |
| Under R1-6 zoning, you can build up to 4 detached homes, each with private yards and garages. Accessory dwelling units (ADUs) may also be permitted. |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Phoenix Sky Harbor International | 25 min | - | 14.2 mi |
| Phoenix-Mesa Gateway | 59 min | - | 41.3 mi |
