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$1,400,000
Phoenix, AZ 85018
MLS# 6998267
Status: Closed
3 beds | 2 baths
1 / 14
Property Description
**Marion Estates Development Opportunity** Properties with this kind of lot size and redevelopment potential rarely become available, making this a standout opportunity for builders, developers, or buyers looking to create a custom luxury estate. Situated on a generous 16,000+ sq ft parcel, the property offers a perfect canvas to renovate, expand, or fully redevelop. Surrounded by beautiful homes and strong resale values, this lot provides the ideal setting to design and build a stunning new residence in one of Phoenix's most desirable neighborhoods. The location is second to none, just minutes from the luxury hospitality and dining at The Global Ambassador Hotel, the charm and restaurants of Arcadia, and quick access to both Downtown Phoenix and Scottsdale.
Details
Maps
Documents
Contract Information
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Sold Price: $1,400,000
Status: Closed
Current Price: $1,400,000
List Date: 2026-03-13
Location, Tax & Legal
Assessor's Map #: 51
Legal Description (Abbrev): LOT 56 MARION ESTATES REPLATTED 1 LOTS 1-72 TR A MCR 006934
Assessor's Parcel #: 56
Tax Municipality: Phoenix
Taxes: 4411
House Number: 4219
Compass: E
Street Name: RANCHO
St Suffix: Drive
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85018
Zip4: 1106
County Code: Maricopa
Assessor Number: 171-51-056
Subdivision: MARION ESTATES REPLATTED 1 LOTS 1-72 TR A
Tax Year: 2025
General Property Description
Dwelling Styles: Detached
# of Interior Levels: 1
Full Bathrooms: 2
Half Bathrooms: 0
Approx SQFT: 2093
Price/SqFt: 668.9
Approx Lot SqFt: 16614
Approx Lot Acres: 0.381
Horses: N
Builder Name: NA
Lead Based Hazard Disclosure: No
Elementary School District: Scottsdale Unified District
High School District: Scottsdale Unified District
Elementary School: Hopi Elementary School
Jr. High School: Ingleside Middle School
High School: Arcadia High School
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: Yes
Fireplaces Total: 2
Dwelling Type: Single Family Residence
Exterior Stories: 1
# Bedrooms: 3
Total Bathrooms: 2
Year Built: 1959
Legal Info
Range: 4E
Section: 18
Township: 2N
Lot Number: 56
Special Listing Cond
N/A: 1
Construction
Block: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Metal: 1
Association & Fees
HOA Y/N: N
PAD Fee Y/N: N
Land Lease Fee Y/N: N
Ttl Mthly Fee Equiv: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
None: 1
Master Bathroom
Full Bth Master Bdrm: 1
Flooring
Tile: 1
Dining Area
Formal: 1
Heating
Electric: 1
Other: 1
View
Mountain(s): 1
Kitchen Features
Dishwasher: 1
Electric Range: 1
Refrigerator: 1
Electric Cooktop: 1
Cooling
Central Air: 1
Laundry
None: 1
Basement
Basement Y/N: N
Separate Den/Office
Sep Den/Office Y/N: N
Technology
High Speed Internet: 1
Fencing
Block: 1
Water Source
City Water: 1
Exterior Features
Open Deck: 1
Spa
None: 1
Sewer
Sewer - Public: 1
Parking Spaces
Slab Parking Spaces: 2
Total Covered Spaces: 2
Garage Spaces: 2
Foundation Details
Block: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
Utilities
SRP: 1
SW Gas: 1
Existing 1st Loan
Conventional: 1
Property Description
North/South Exposure: 1
Landscaping
Desert Front: 1
Desert Back: 1
Disclosures
None: 1
Possession
Close of Escrow: 1
Association Fee Incl
No Fees: 1
Assoc Rules/Info
None: 1
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: 42nd St. & Rancho Dr.
Directions: Use GPS.
Geo Lat: 33.522319
Geo Lon: -111.989774
Status Change Info
Off Market Date: 2026-04-02
Under Contract Date: 2026-03-23
Close of Escrow Date: 2026-04-14
Sold Price: $1,400,000
Property Features
Special Listing Cond: N/A
View: Mountain(s)
Master Bathroom: Full Bth Master Bdrm
Flooring: Tile
Spa: None
Dining Area: Formal
Kitchen Features: Electric Range; Electric Cooktop; Dishwasher; Refrigerator
Laundry: None
Foundation Details: Block
Technology: High Speed Internet
Exterior Features: Open Deck
Construction: Block
Const - Finish: Painted; Stucco
Roofing: Metal
Cooling: Central Air
Heating: Electric; Other
Utilities: SRP; SW Gas
Water Source: City Water
Sewer: Sewer - Public
Fencing: Block
Property Description: North/South Exposure
Landscaping: Desert Front; Desert Back
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Possession: Close of Escrow
Association Fee Incl: No Fees
Existing 1st Loan: Conventional
New Financing: Cash; VA; FHA; Conventional
Disclosures: None
Supplements
Whether you're a developer looking for your next project or a buyer ready to build a dream home in a premier location, this is one of the few opportunities currently available in Marion Estates.
Room Information
| Room Name | Level |
| Master Bedroom | First |
| Bedroom 2 | First |
| Bedroom 3 | First |
CC&R's & Amendment 1 
Listing Office: The Brokery
Last Updated: April - 15 - 2026
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