2601 E Paradise Lane #18, Phoenix, AZ 85032
Local realty services provided by:HUNT Real Estate ERA
2601 E Paradise Lane #18,Phoenix, AZ 85032
$499,000
- 0.81 Acres
- Lots / Land
- Active
Listed by: andrea d garcia
Office: keller williams realty sonoran living
MLS#:7095969
Source:ARMLS
Price summary
- Price:$499,000
About this home
Situated on an expansive 35,480-square-foot (approximately 0.81-acre) lot in an evolving North Phoenix neighborhood, this R-3 zoned property presents a compelling opportunity for investors, developers, and visionaries looking to capitalize on the area's continued revitalization and long-term growth potential.
Previously operating as a six-unit residential compound with multiple income-producing residences, the property offers a unique opportunity to reimagine its next chapter. The site has sustained significant fire damage, with only one of the original buildings remaining standing, creating an opportunity to explore redevelopment, reconstruction, or an entirely new residential investment concept. With its generous lot size, established residential surroundings, and convenient proximity to major transportation corridors, shopping, dining, and employment centers, the property offers an attractive foundation for a potential income-producing development.
Whether envisioning multifamily housing, a thoughtfully designed residential compound, or another permitted use, the possibilities are worth exploring. An opportunity to acquire a substantial parcel in an evolving North Phoenix location and unlock its future potential. Buyer to verify zoning, allowable density, development requirements, and feasibility with the City of Phoenix....
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Home facts
- Subdivision & Development:KAY ACRES
- Listing ID #:7095969
- Updated:October 27, 2026 at 05:01 PM
Structure and exterior
- Lot area:0.81 Acres
Schools
- High school:Paradise Valley High School
- Middle school:Explorer Middle School
- Elementary school:Whispering Wind Academy
Utilities
- Water:City Franchise
Finances and disclosures
- Price:$499,000
- Tax amount:$2,098 (2025)
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