5689 E PREAKNESS Drive 393, San Tan Valley, AZ 85140

New Listing

$120,000

Property Type: Land Lot Size (sq. ft.): 8,481 Status: Active

Current Price: $120,000 List Date: 11/02/2026 Last Modified: 11/02/2026

Overview

Description

Exceptional opportunity in the rapidly growing San Tan Valley area! This versatile residential lot is zoned for both single-family and multifamily use, allowing up to 4 residential units. Whether you're looking to build your custom home, develop multiple residences, or invest in an income-producing property, the possibilities are endless! No HOA! Conveniently situated on a paved road with power, water, and phone utilities already on the property. Located near expanding residential communities and new construction, this property offers excellent flexibility in a growing area. A fantastic opportunity for homeowners, builders, and investors.

Listing Details MLS# 7101395

Location, Tax & Legal

House Number: 5689
Compass: E
Street Name: PREAKNESS
St Suffix: Drive
City/Town Code: San Tan Valley
State/Province: AZ
Zip Code: 85140
Zip4: 9174
Country: US
County Code: Pinal
Assessor Number: 210-03-393
Subdivision: VALLEY OF THE SUN ESTATES UNIT ONE
Tax Year: 2024

Contract Information

For Sale or Lease?: Sale
Type: Exclusive Right To Sell

General Property Description

Apx Total Acres: 0.19
Apx Total Acres G/N: G
Price Per Acre: 631578.95
Apx SqFt: 8481
Price Per SqFt: 14.15
Apx SqFt G/N: G
Lot Size Dimensions: 110x77
Zoning: Multi-Family
Elementary School District: Florence Unified School District
High School District: Florence Unified School District

Remarks Misc

Cross Street: SCHNEPF RD & SKYLINE RD
Directions: EAST ON COMBS TO SCHNEPF. SOUTH ON SCHNEPF 3/4 MILE, TURNS INTO SKYLINE RD. CONTINUE EAST ON SKYLINE APX 1 MILE TO SIERRA VISTA. NORTH TO FIRST STREET, PREAKNESS. EAST TO LOT ON THE SOUTH SIDE.

Legal Info

Township: 03S
Range: 08E
Section: 02
Lot Number: 393

Showing Notification Methods

Showing Service: Aligned Showings

More Information

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot Zoned Presently: Single Family; Multi-Family Potential Use: Single Family; Multi-Family Parcel Size: .0 - .24 Acres Land Features: North/South Exp View: Mountain(s) Land Configuration: Square Rectangular Existing Structures: None Water Source: Private 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 Environmental: None Lockbox Type: None Fencing: None

Listing Office: HomeSmart

Office Phone: 602-230-7600

Office Email: rlarue@hsmove.com

Last Updated: November - 02 - 2026