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

Overview

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.

Listing Details MLS# 7015021

Location, Tax & Legal

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
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

Contract Information

For Sale or Lease?
Sale
Type
Exclusive Right To Sell

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
Street Frontage
7000
Zoning
RES
Flood Zone
No
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

Remarks Misc

Cross Street
28th St & Thunderbird
Directions
North on 28th and First Left on to Friess Drive.

Legal Info

Township
3N
Range
3E
Section
11
Lot Number
5

Showing Notification Methods

Showing Service
Aligned Showings

More Information

Special Listing Cond

N/A
Yes

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

Lockbox Type

None
Yes

Existing Land Use

Residential Lot
Yes

Zoned Presently

Single Family
Yes

Potential Use

Single Family
Yes

Parcel Size

1.00 - 2.49 Acres
Yes

View

City
Yes
Desert
Yes
Panoramic
Yes
City Lights
Yes
Mountain(s)
Yes

Vegetation

Natural Vegetation
Yes
Low Desert
Yes

Road Access Type

Private Road
Yes

Road Surface Type

Asphalt
Yes

Fencing

None
Yes

Water Source

City Franchise
Yes

Freeway/Highway

1.1 - 2 Miles
Yes

Sewer

Sewer - Public
Yes

Electric

APS
Yes

Gas

None
Yes

Distance to Cable

On Property
Yes

New Financing

Cash
Yes
Conventional
Yes
Owner May Carry
Yes
1031 Exchange
Yes

Distance to Phone

On Property
Yes

Distance to Water

On Property
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Distance to Electric

On Property
Yes

Distance to Gas

None
Yes

Distance to Sewer

On Property
Yes

Reports/Disclosures

Other (See Rmks)
Yes

Environmental

None
Yes

Seller May Carry (SMC) Payment

Other (See Rmks)
Yes

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
IDX
Listing Office: Keller Williams Realty Sonoran Living
Last Updated: April - 17 - 2026
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