5531 E ORCHID Lane, 2, Paradise Valley, AZ 85253 (MLS# 6728676)

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5531 E ORCHID Lane, 2, Paradise Valley, AZ 85253

New Listing
$2,950,000
Property Type: Land and Lots Lot Size (sq. ft.): 46,320 Status: Active
Current Price: $2,950,000 List Date: 7/08/2024 Last Modified: 7/09/2024

Description

Flat 1.063 acre North/South parcel in the heart of Paradise Valley with a South facing backyard that offers amazing Mummy Mountain views. Ideal opportunity for new owner / builder to design a new home that captures very hard to replace views of Mummy Mountain on a lot located with ideal access to the heart of Paradise Valley. Home is 1 block away from Cherokee Elementary school and easily accessible to all of Metro Phoenix, Hwy 101, Old Town Scottsdale, etc.

More Information MLS# 6728676

Contract Information

Current Price: $2,950,000 List Price: $2,950,000 Status: Active List Date: 2024-07-08 For Sale or Lease?: Sale Type: ER Subagents: N Buyer/Broker: Y Buyer Broker $/%: % Comp to Buyer Broker: 2.5 Variable Commission: N

Location, Tax & Legal

House Number: 5531 Compass: E Street Name: ORCHID St Suffix: Lane Lot #: 2 City/Town Code: Paradise Valley State/Province: AZ Zip Code: 85253 Zip4: 2119 Country: USA County Code: Maricopa Assessor's Map #: 56 Assessor's Parcel #: 3 Add'l Parcels: No Assessor Number: 168-56-003 Legal Description (Abbrev): LOT 2 MOCKINGBIRD LANE ESTATES 5 MCR 015443 Subdivision: MOCKINGBIRD LANE ESTATES 5 Census Tract: 105003 Tax Municipality: Paradise Valley Taxes: 4479 Tax Year: 2023

General Property Description

Apx Total Acres: 1.06 Apx Total Acres G/N: G Price Per Acre: 2783018.87 # Lots in Listing: 1 # Units Allowed: 1 Apx SqFt: 46320 Price Per SqFt: 63.69 Apx SqFt G/N: G Lot Size Dimensions: Irregular Horses: N Zoning: R-43 Flood Zone: No Elementary School: Cherokee Elementary School Jr. High School: Cocopah Middle School High School: Chaparral High School Elementary School District: Scottsdale Unified District High School District: Scottsdale Unified District

Remarks & Misc

Cross Street: Mockingbird & 56th Street Directions: East on Mockingbird to 56th Street. North on 56th Street to Orchid Lane. West on Orchid West. 2nd Home on the South side of Orchid Lane Geo Lat: 33.561208 Geo Lon: -111.961625

Status Change Info

Status Change Date: 2024-07-08

Legal Info

Township: 3N Range: 4E Section: 32 Lot Number: 2

Pmt & Rate Info

Equity: 2950000

Assoc/Prop Info

HOA Y/N: N PAD Fee Y/N: N HOA 2 Y/N: N

Showing Notification Methods

Showing Service: Aligned Showings

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 Current Density: 00 - 01 Units P/Acre Proposed Density: 00 - 01 Units P/Acre Development Status: Other Land Features: Mountain View(s); North/South Exp Elevation: 1,001 - 2,000 Ft Elevation Source: Other (See Remarks) Vegetation: Other Land Configuration: Irregular Shape Roads/Streets: Asphalt; Dedicated Street Road Responsibility: City Maintained Road Traffic Count: Unknown Topography: Level Existing Structures: Residence; Other Water: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Distance to Cable: On Property Distance to Phone: On Property Distance to Water: On Property Distance to Electric: On Property Distance to Gas: On Property Distance to Sewer: On Property Existing 1st Loan: Conventional Existing 1st Ln Type: Fixed Existing 1st Ln Trms: Non Assumable New Financing: Cash; Conventional Reports/Disclosures: None Environmental: None Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Fencing: Block
Listing Office: My Home Group Real Estate
Last Updated: July - 09 - 2024
5531 E ORCHID Lane, 2, Paradise Valley, AZ 85253- MLS# 6728676
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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