1540 W Olney Avenue -, Phoenix, AZ 85041

$425,000
Property Type: Land Lot Size (sq. ft.): 102,235 Status: Closed
Current Price: $425,000 List Date: 1/18/2025 Last Modified: 7/08/2026

Overview

Description

Beautiful lot in growing South Mountain area now available. Lot is 2.35 acres with R1-10 zoning, allowing you to subdivide up to 4 lots, or turn it into a family compound. No subdivision plans or lot sizes available. Incredible views north and west for sunsets and the Phoenix horizon.

Listing Details MLS# 6807100

Location, Tax & Legal

House Number
1540
Compass
W
Street Name
Olney
St Suffix
Avenue
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85041
Country
US
County Code
Maricopa
Assessor Number
300-52-004-R
Tax Year
2024
Lot #
-
Assessor's Map #
52
Assessor's Parcel #
4
Assessor Parcel Ltr
R
Add'l Parcels
No
Tax Municipality
Phoenix
Taxes
3836

Contract Information

For Sale or Lease?
Sale
Type
Exclusive Right To Sell

General Property Description

Apx Total Acres
2.35
Apx Total Acres G/N
G
Price Per Acre
229787.23
Apx SqFt
102235
Price Per SqFt
5.28
Apx SqFt G/N
G
Lot Size Dimensions
632x158
Zoning
R1-10

Remarks Misc

Cross Street
15th Ave and Dobbins
Directions
From Dobbins, South on 15th Ave to Olney, west on Olney, lot is 2nd lot in.

Status Change Info

Off Market Date
2025-12-04
Under Contract Date
2025-11-21
Close of Escrow Date
2025-12-04

Legal Info

Township
1S
Range
7
Section
3E
Lot Number
-

More Information

Showing Notification Methods

Showing Service
Aligned Showings

Sold Info

Loan Type
Cash
Closing Cost Split
Normal - N
Buyer Concession to Seller
2
Buyer Concession $/%
%
Seller Concession to Buyer
2
Seller Concession $/%
%

Special Listing Cond

N/A
Yes
FIRPTA may apply
Yes

Pmt & Rate Info

Equity
1200000
Total Owed
0

Assoc/Prop Info

HOA Y/N
N
PAD Fee Y/N
N
Assessed Balance
0
HOA 2 Y/N
N

Lockbox Type

None
Yes

Existing Land Use

Residential Lot
Yes
Residential Acreage
Yes

Zoned Presently

Single Family
Yes

Potential Use

Single Family
Yes

Parcel Size

1.00 - 2.49 Acres
Yes

Current Density

02 - 05 Units P/Acre
Yes

Development Status

Raw Land
Yes

Land Features

North/South Exp
Yes
East/West Exposure
Yes

View

City Lights
Yes
Mountain(s)
Yes

Vegetation

Natural Vegetation
Yes

Land Configuration

Square Rectangular
Yes

Fencing

None
Yes

Water Source

None
Yes

Sewer

No Sewer/Septic
Yes

Electric

SRP
Yes

Topography

Level
Yes
Gentle Sloping
Yes

Gas

Other (See Rmks)
Yes

Existing Structures

None
Yes

Distance to Cable

Under 350 Feet
Yes

New Financing

Cash
Yes
Conventional
Yes

Distance to Phone

Under 350 Feet
Yes

Distance to Water

Under 350 Feet
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Distance to Electric

Under 350 Feet
Yes

Distance to Gas

Under 350 Feet
Yes

Distance to Sewer

Under 350 Feet
Yes

Existing 2nd Loan

Treat as Free&Clear
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

Property Features

Special Listing Cond: FIRPTA may apply; N/A Existing Land Use: Residential Lot; Residential Acreage Zoned Presently: Single Family Potential Use: Single Family Parcel Size: 1.00 - 2.49 Acres Current Density: 02 - 05 Units P/Acre Development Status: Raw Land Land Features: North/South Exp; East/West Exposure View: City Lights; Mountain(s) Vegetation: Natural Vegetation Land Configuration: Square Rectangular Topography: Level; Gentle Sloping Existing Structures: None Water Source: None Sewer: No Sewer/Septic Electric: SRP Gas: Other (See Rmks) Distance to Cable: Under 350 Feet Distance to Phone: Under 350 Feet Distance to Water: Under 350 Feet Distance to Electric: Under 350 Feet Distance to Gas: Under 350 Feet Distance to Sewer: Under 350 Feet Existing 1st Loan: Treat as Free&Clear Existing 2nd Loan: Treat as Free&Clear New Financing: Cash; Conventional Environmental: None Lockbox Type: None Fencing: None
IDX
Listing Office: The Brokery
Last Updated: July - 08 - 2026
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