2601 E PARADISE Lane 18, Phoenix, AZ 85032

New Listing
$499,000
Property Type: Land Lot Size (sq. ft.): 35,480 Status: Active
Current Price: $499,000 List Date: 10/19/2026 Last Modified: 10/19/2026

Overview

Description

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.

Supplements: 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 a ...

Listing Details MLS# 7095969

Location, Tax & Legal

House Number
2601
Compass
E
Street Name
PARADISE
St Suffix
Lane
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85032
Country
US
County Code
Maricopa
Assessor Number
214-40-022-D
Subdivision
KAY ACRES
Tax Year
2025

Contract Information

For Sale or Lease?
Sale
Type
Exclusive Right To Sell

General Property Description

Apx Total Acres
0.81
Apx Total Acres G/N
N
Price Per Acre
616049.38
Apx SqFt
35480
Price Per SqFt
14.06
Apx SqFt G/N
N
Lot Size Dimensions
0.815 acres
Horses
N
Zoning
R-3
Elementary School District
Paradise Valley Unified District
High School District
Paradise Valley Unified District
Elementary School
Whispering Wind Academy
Jr. High School
Explorer Middle School
High School
Paradise Valley High School

Remarks Misc

Cross Street
Cave Creek & Bell
Directions
Cave Creek Rd north of Greenway to Paradise.

Legal Info

Township
3N
Range
3E
Section
2
Lot Number
18

Showing Notification Methods

Showing Service
Aligned Showings

More Information

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot Zoned Presently: Multi-Family Parcel Size: .50 - .99 Acres Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: Other (See Rmks) 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: Treat as Free&Clear New Financing: Cash Environmental: Other (See Rmks) Lockbox Type: None Fencing: Block
IDX
Listing Office: Keller Williams Realty Sonoran Living
Office Phone: 480-948-3338
Office Email: jeffmurray@kw.com
Last Updated: October - 19 - 2026
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