2703 E FRIESS Drive 5, Phoenix, AZ 85032
New Listing
$1,000,000
Property Type:
Land
Lot Size (sq. ft.):
48,435
Status:
Active
Current Price:
$1,000,000
List Date:
4/16/2026
Last Modified:
4/17/2026
Description
Set within a private gated community, this exceptional homesite at 2703 E Friess Drive #5 offers a rare blend of privacy, space, and breathtaking natural beauty. Spanning over an acre, the property is fully equipped with all utilities already on site--making it ready for your custom dream home.
Positioned to capture truly spectacular, unobstructed views, the lot reveals sweeping panoramas of the entire Phoenix valley. Whether it's vibrant city lights at night or colorful desert sunsets, the scenery here is nothing short of remarkable.
Adding to its exclusivity, the property is bordered by mountain preserves on two sides, ensuring permanent open space and a serene desert backdrop that will never be developed.
Please note that SELLER FINANCING is available - please inquire.
More Information MLS# 7015021
Contract Information
Type: Exclusive Right To Sell
For Sale or Lease?: Sale
Current Price: $1,000,000
List Price: $1,000,000
Status: Active
List Date: 2026-04-16
Location, Tax & Legal
Lot #: 5
Assessor's Map #: 54
Legal Description (Abbrev): LOT 5 PRESERVE AT SHADOW MOUNTAIN MCR 044831
Assessor's Parcel #: 7
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 103502
Taxes: 1696
House Number: 2703
Compass: E
Street Name: FRIESS
St Suffix: Drive
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85032
Zip4: 8612
County Code: Maricopa
Assessor Number: 214-54-007
Subdivision: PRESERVE AT SHADOW MOUNTAIN
Tax Year: 2025
General Property Description
Apx Total Acres: 1.11
Apx Total Acres G/N: G
Price Per Acre: 900900.9
Apx SqFt: 48435
Price Per SqFt: 20.65
Apx SqFt G/N: G
Lot Size Dimensions: variable
Flood Zone: No
Street Frontage: 7000
Elementary School District: Paradise Valley Unified District
High School District: Paradise Valley Unified District
Elementary School: Larkspur Elementary School
Jr. High School: Shea Middle School
High School: Paradise Valley High School
Zoning: RES
Legal Info
Range: 3E
Section: 11
Township: 3N
Lot Number: 5
Special Listing Cond
N/A: 1
Pmt & Rate Info
Equity: 1000000
Total Owed: 0
Assoc/Prop Info
HOA Y/N: Y
HOA Transfer Fee: 250
HOA Fee: 339.94
HOA Paid (Freq): Quarterly
HOA Name: Presereve at SM
HOA Telephone: 480-483-8290
PAD Fee Y/N: N
Assessed Balance: 0
HOA 2 Y/N: N
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
None: 1
Existing Land Use
Residential Lot: 1
Zoned Presently
Single Family: 1
Potential Use
Single Family: 1
Parcel Size
1.00 - 2.49 Acres: 1
View
City: 1
Desert: 1
Panoramic: 1
City Lights: 1
Mountain(s): 1
Vegetation
Natural Vegetation: 1
Low Desert: 1
Road Access Type
Private Road: 1
Road Surface Type
Asphalt: 1
Fencing
None: 1
Water Source
City Franchise: 1
Freeway/Highway
1.1 - 2 Miles: 1
Sewer
Sewer - Public: 1
Electric
APS: 1
Gas
None: 1
Distance to Cable
On Property: 1
New Financing
Cash: 1
Conventional: 1
Owner May Carry: 1
1031 Exchange: 1
Distance to Phone
On Property: 1
Distance to Water
On Property: 1
Existing 1st Loan
Treat as Free&Clear: 1
Distance to Electric
On Property: 1
Distance to Gas
None: 1
Distance to Sewer
On Property: 1
Reports/Disclosures
Other (See Rmks): 1
Environmental
None: 1
Seller May Carry (SMC) Payment
Other (See Rmks): 1
Remarks Misc
Cross Street: 28th St & Thunderbird
Directions: North on 28th and First Left on to Friess Drive.
Geo Lat: 33.613139
Geo Lon: -112.024215
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
View: Desert; Panoramic; City Lights; Mountain(s)
Vegetation: Natural Vegetation; Low Desert
Road Access Type: Private Road
Road Surface Type: Asphalt
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
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: On Property
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional; Owner May Carry; 1031 Exchange
Seller May Carry (SMC) Payment: Other (See Rmks)
Environmental: None
Lockbox Type: None
Fencing: None
Listing Office:
Keller Williams Realty Sonoran Living
Last Updated: April - 17 - 2026
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