16838 E Fairview Lane M & N, Gilbert, AZ 85295

$1,495,000
Property Type: Land Lot Size (sq. ft.): 108,900 Status: Closed
Current Price: $1,495,000 List Date: 4/29/2023 Last Modified: 5/04/2025

Overview

Description

Incredible opportunity to own 2.5 acres of prime R43 real estate in the heart of Gilbert with NO HOA. This acquisition includes two fully platted lots ready for construction. Perfect to build your dream estate in a rural setting with privacy or build your dream home on one lot and hold the other lot for investment and appreciation. Each irrigated lot is 1.25 acres with mature trees and vegetation. West lot includes an existing 1400 sf five-stall masonry barn, pool and masonry fence around the pool area. Seller is affiliated with a high end custom builder that has existing plans to begin building asap. This acreage is unique and is a must see!

Listing Details MLS# 6550525

Location, Tax & Legal

Map Code/Grid
T41
House Number
16838
Compass
E
Street Name
Fairview
St Suffix
Lane
City/Town Code
Gilbert
State/Province
AZ
Zip Code
85295
Zip4
2101
Country
US
County Code
Maricopa
Assessor Number
304-47-013-M
Subdivision
Custom Neighborhood
Tax Year
2022
Lot #
M & N
Assessor's Map #
47
Legal Description (Abbrev)
E 116F OF W2 E2 S2 N2 SE4 SE4 SEC 34
Assessor's Parcel #
13
Assessor Parcel Ltr
M
Add'l Parcels
Yes
Tax Municipality
Maricopa - COUNTY
Census Tract
815500
Taxes
1759

Contract Information

For Sale or Lease?
Sale
Type
Exclusive Right To Sell

General Property Description

Apx Total Acres
2.5
Apx Total Acres G/N
G
Price Per Acre
599999.6
# Lots in Listing
2
# Units Allowed
2
Apx SqFt
108900
Price Per SqFt
13.77
Apx SqFt G/N
G
Lot Size Dimensions
165 X 329 X 2 lots
Irrigation District
RWCD
Horses
Y
Street Frontage
165
Zoning
R43
Flood Zone
No
Elementary School
Chaparral Elementary School
Jr. High School
Cooley Middle School
High School
Williams Field High School

Remarks Misc

Cross Street
Pecos & Higley
Directions
From Pecos and Higley proceed north on Higley approximately one block to Fairview Ln. West on Fairview Ln to property on north side of street. Fairview Ln is a privately owned road.

Status Change Info

Off Market Date
2023-07-25
Under Contract Date
2023-06-20
Close of Escrow Date
2023-07-24

Legal Info

Township
1S
Range
6E
Section
34
Lot Number
M & N

More Information

Sold Info

Loan Type
Cash
Closing Cost Split
Normal - N
Payment Type
Fixed
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Special Listing Cond

N/A
Yes

Pmt & Rate Info

Equity
1499999
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

Zoned Presently

Single Family
Yes

Parcel Size

2.50 - 4.99 Acres
Yes

Land Features

North/South Exp
Yes

Road Access Type

Private Road
Yes

Road Responsibility

Road Maintenance Agreement
Yes

Fencing

Block
Yes
Other
Yes

Water Source

City Franchise
Yes
Irrigation Ditch(es) -- Lined
Yes

Sewer

Septic Tank
Yes

Electric

SRP
Yes

Gas

None
Yes

Existing Structures

Barn(s)
Yes
Other
Yes

Irrigation

Underground Pipe
Yes

Distance to Cable

On Property
Yes

New Financing

Cash
Yes
Conventional
Yes

Distance to Phone

On Property
Yes

Distance to Water

On Property
Yes

Distance to Electric

On Property
Yes

Distance to Gas

None
Yes

Distance to Sewer

None
Yes

Horse Features

Barn
Yes
Tack Room
Yes

Use Restrictions

Deed Restrictions
Yes
Existing Easement
Yes

Reports/Disclosures

Boundary Survey Avlb
Yes

Environmental

None
Yes

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot Zoned Presently: Single Family Parcel Size: 2.50 - 4.99 Acres Land Features: North/South Exp Road Access Type: Private Road Road Responsibility: Road Maintenance Agreement Existing Structures: Barn(s); Other Water Source: City Franchise; Irrigation Ditch(es) -- Lined Irrigation: Underground Pipe Sewer: Septic Tank Electric: SRP Gas: None Distance to Cable: On Property Distance to Phone: On Property Distance to Water: On Property Distance to Electric: On Property Distance to Gas: None Distance to Sewer: None New Financing: Cash; Conventional Use Restrictions: Deed Restrictions; Existing Easement Environmental: None Horse Features: Barn; Tack Room Lockbox Type: None Fencing: Block; Other
IDX
Listing Office: HomeSmart
Last Updated: May - 04 - 2025
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