Residential Land for Sale in Phoenix, Arizona

1540 W Olney Ave, Phoenix, AZ 85041

$540,000

2.35 acres

Active

$159k drop

Est $4,005/mo

Beautiful lot in growing South Mountain area now available. Lot is 2.35 acres with R1-10 zoning, allowing you to subdivide up to 4 lots, or turn it into a family compound. No subdivision plans or lot sizes available. Incredible views north and west for sunsets and the Phoenix horizon.

Location

Street address: 1540 W Olney Ave
County: Maricopa County
Elevation: 1,224 feet
Coordinates: 33.3565, -112.0933

Land for sale in Arizona

Directions

From Dobbins, South on 15th Ave to Olney, west on Olney, lot is 2nd lot in.

Property details

Acreage: 2.35 acres
Zoning: R1-10
MLS #: ARMLS 6807100
Posted: Jan 18, 202510 months ago

Property taxes

2024: $3,836

Parcels

300-52-004-R

Details and features

Listing

Type: Land

Lot

View: City, Mountain

Exterior

Features: East/West Exposure, North/South Exp

Listing history

Date	Event	Price	Change	Source
Aug 1, 2025	Price drop	$540,000	$159,000 -22.7%	ARMLS
June 19, 2025	Price drop	$699,000	$151,000 -17.8%	ARMLS
Feb 26, 2025	Price drop	$850,000	$350,000 -29.2%	ARMLS
Jan 18, 2025	New listing	$1,200,000	—	ARMLS

Payment calculator

This 2.35-acre property is located at 1540 W Olney Ave in Phoenix, AZ 85041. The property is available for sale for $540,000 with a price per acre of $229,787.

Listed by The Brokery, (602) 391-3571, Source

Checked 14 mins ago — Updated Oct 22, 2025

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