$1,200,000
$999,900
20.0%For more information regarding the value of a property, please contact us for a free consultation.
0.26 Acres Lot
SOLD DATE : 06/01/2023
Key Details
Sold Price $1,200,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision True North 8 Subdivision
MLS Listing ID 6405930
Sold Date 06/01/23
HOA Y/N Yes
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Annual Tax Amount $250
Tax Year 2021
Lot Size 0.259 Acres
Acres 0.2
Lot Dimensions 160X65
Property Description
One of kind opportunity to own in a brand new gated subdivision dedicated to luxury short term rental residences! Purchase as a pure investment or use as a 2nd home with short term rental potential while not occupying. 2 purchase options: 1) Purchase lot and have preferred builder build the home between $950-975k, a savings of about $500k OR 2) Purchase the home as a finished home, build time is approximately 10 months. Community infrastructure is already in place and homes are ready to build. Approved plans by the city of Scottsdale included in all lot purchase, 3 floorpans to choose from. Permit can be pulled in approximately 4 weeks. Incredible finishes, and amazing return profile from renting as short term rentals. Experienced Property Management company in place. Call Now!
Location
State AZ
County Maricopa
Community True North 8 Subdivision
Zoning R-2
Direction Exit 101 on Cactus, go East to 90th (left) Go North to Voltaire (left) to 88th Place (right) to subdivision gates
Exterior
Waterfront No
Building
Lot Description Corner Lot, Gated Community, North/South Exp
Sewer Public Sewer
Water Irrigation - Sprnkld
Schools
Elementary Schools Cheyenne Elementary School
Middle Schools Desert Canyon Elementary
High Schools Desert Mountain High School
School District Scottsdale Unified District
Others
HOA Name True North Eight
Senior Community No
Tax ID 217-29-966
Acceptable Financing CTL, Conventional
Horse Property N
Listing Terms CTL, Conventional
Financing Cash
Special Listing Condition Owner/Agent
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