7266 N 40TH Street 5, Paradise Valley, AZ 85253
$3,500,000
Property Type:
Land
Lot Size (sq. ft.):
97,867
Status:
Closed
Current Price:
$3,500,000
List Date:
12/23/2022
Last Modified:
4/27/2025
Description
Crown Canyon presents Quartz, a 2.5 acre homesite in the exclusive gated community of Crown Canyon. The experienced team at BedBrock Developers, with in-house architect Stratton Andrews, is prepared to fully design and build your custom dream home on this impressive lot in the mountain preserve. To inspire you further, Andrews proposed a schematic design to demonstrate the endless possibilities within this homesite. Situated amongst an abundance of statuesque ocotillos and quartz vein, the owner of this land will enjoy the Sonoran Desert at its finest. We welcome you to experience this one-of-a-kind custom home opportunity in Crown Canyon.
More Information MLS# 6501131
Contract Information
Type: Exclusive Right To Sell
For Sale or Lease?: Sale
Current Price: $3,500,000
Sold Price: $3,500,000
Status: Closed
List Date: 2022-12-23
Location, Tax & Legal
Lot #: 5
Assessor's Map #: 2
Legal Description (Abbrev): LOT 5 WHISPERING CANYON AMD MCR 023727
Assessor's Parcel #: 20
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 105102
Taxes: 13571
Marketing Name: Crown Canyon Quartz
Map Code/Grid: N35
House Number: 7266
Compass: N
Street Name: 40TH
St Suffix: Street
City/Town Code: Paradise Valley
State/Province: AZ
Zip Code: 85253
Zip4: 2814
County Code: Maricopa
Assessor Number: 164-02-020
Subdivision: CROWN CANYON DBA for WHISPERING CANYON AMD
Tax Year: 2022
General Property Description
Apx Total Acres: 2.25
Apx Total Acres G/N: G
Price Per Acre: 1555555.56
# Lots in Listing: 1
# Units Allowed: 1
Apx SqFt: 97867
Price Per SqFt: 35.76
Apx SqFt G/N: G
Lot Size Dimensions: Irr
Flood Zone: No
Horses: N
Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District
Elementary School: Creighton Elementary School
Jr. High School: Ingleside Middle School
High School: ASU Preparatory Academy - Phoenix High School
Zoning: RE-43
Legal Info
Range: 3E
Section: 1
Township: 2N
Lot Number: 5
Special Listing Cond
N/A: 1
Pmt & Rate Info
Equity: 3500000
Total Owed: 0
Assoc/Prop Info
HOA Y/N: Y
HOA Transfer Fee: 0
HOA Fee: 1500
HOA Paid (Freq): Annually
HOA Name: Crown Canyon
HOA Telephone: 480-287-2130
PAD Fee Y/N: N
Assessed Balance: 0
Assessed Yrs Left: 10
HOA 2 Y/N: N
Lockbox Type
None: 1
Existing Land Use
Residential Lot: 1
Zoned Presently
Single Family: 1
Potential Use
Single Family: 1
Parcel Size
1.00 - 2.49 Acres: 1
Development Status
Raw Land: 1
Land Features
Cul-De-Sac: 1
Gated Community: 1
View
Mountain(s): 1
Vegetation
Natural Vegetation: 1
High Desert: 1
Land Configuration
Irregular Shape: 1
Road Access Type
Private Road: 1
Road Responsibility
City Maintained Road: 1
Fencing
None: 1
Water Source
City Franchise: 1
Sewer
Septic Tank: 1
Electric
APS: 1
Topography
Hillside: 1
Gas
SW Gas: 1
Existing Structures
None: 1
Distance to Cable
Call Listing Office: 1
New Financing
Cash: 1
Conventional: 1
Distance to Phone
Call Listing Office: 1
Distance to Water
Call Listing Office: 1
Existing 1st Loan
Treat as Free&Clear: 1
Distance to Electric
Call Listing Office: 1
Distance to Gas
Call Listing Office: 1
Distance to Sewer
Call Listing Office: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Sold Info
Loan Type: Carryback
Closing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: Lincoln and 40th St.
Directions: North on 40th St, take the road to the end where you reach the gate of Crown Canyon.
Geo Lat: 33.544773
Geo Lon: -111.998622
Status Change Info
Off Market Date: 2023-04-22
Under Contract Date: 2023-03-22
Close of Escrow Date: 2023-04-24
Sold Price: $3,500,000
Property Features
Special Listing Cond: N/A
Existing Land Use: Residential Lot
Zoned Presently: Single Family
Potential Use: Single Family
Parcel Size: 1.00 - 2.49 Acres
Development Status: Raw Land
Land Features: Cul-De-Sac; Gated Community
View: Mountain(s)
Vegetation: Natural Vegetation; High Desert
Land Configuration: Irregular Shape
Road Access Type: Private Road
Road Responsibility: City Maintained Road
Topography: Hillside
Existing Structures: None
Water Source: City Franchise
Sewer: Septic Tank
Electric: APS
Gas: SW Gas
Distance to Cable: Call Listing Office
Distance to Phone: Call Listing Office
Distance to Water: Call Listing Office
Distance to Electric: Call Listing Office
Distance to Gas: Call Listing Office
Distance to Sewer: Call Listing Office
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional
Environmental: None
Lockbox Type: None
Fencing: None
Listing Office:
Bedbrock Real Estate Company
Last Updated: April - 27 - 2025
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