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Mixed-Use Land for Sale in Pinetop, Arizona

1800 S Penrod Ln, Pinetop, AZ 85935

$2,850,000
50 acres
Active sale
ago
Est $20,344/mo

Rare development opportunity in the heart of Pinetop-Lakeside! Aspen Meadows offers approximately 45 acres with an approved PUD and the flexibility to purchase all or a portion of the property. The approved plan includes up to 213 residential units, approximately 8 acres of commercial space, and 14 half-acre residential lots. Significant development work is already in place, including approximately $2.5 million in infrastructure, purchased water rights, and an installed sewer trunk line. Surrounded by popular restaurants, shopping, grocery stores, and year-round recreation, this central location is positioned to serve both residents and visitors. Pinetop-Lakeside is celebrated for its cool summers, four-season mountain lifestyle, nearby lakes and trails, and convenient access to Sunrise Park Resort. An exceptional opportunity for residential, commercial, or mixed-use development in one of the White Mountains' most desirable communities. Buyer to verify all approvals, utilities, zoning, and development details.

Location

Street address
1800 S Penrod Ln
Zip code
85935
School district
Blue Ridge
Elevation
6,965 feet
Coordinates
34.1238, -109.933

Directions

Multiple Access points: Hwy 260 Across from Cyclelogical Coffee , Penrod lane, just past the orchard and next to and behind St Marys church.

Property details

Acreage
50 acres
MLS #
WMAR 263254
Posted

Parcels

  • 311-44-006J

Details and features

Listing

Type
Land
Subtype
Single Family Residence

Lot

Features
Recorded Survey, Sloped, Tall Pines On Lot

Exterior

Features
Level

Listing history

DateEventPriceChangeSource
Sept 24, 2026New listing$2,850,000—WMAR
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This 50-acre property is located at 1800 S Penrod Ln in Pinetop, AZ 85935. The land is available for sale, priced at $2,850,000 — $57,000 per acre.

Listed by Advantage Realty Professionals - Lakeside, (928) 368-2040

Checked 2 hours agoUpdated Source

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