1.1 Acres of Residential Land for Sale in Rio Verde, Arizona

This rare 1.13 acre corner lot has unobstructed eastward views of the beautiful mountains; Four Peaks, Horseshoe Dam and Weaver's Needle and just a short walk or golf cart ride to a beautiful golf course.. The custom home to the west, which shares an adjoining lot line, is currently valued at $1M and has already pulled electrical to the southwest corner of the lot, a large financial savings. A dedicated and recorded well site sits at the northeast corner of the parcel, and there are numerous recorded road easements to access the property.Currently permitted as a corral, the property was previously fully permitted by a prior owner and developer for a large custom home with septic system/field and well. This lot is on hauled water, which can be provided by EPCOR, in conjunction with a local hauler, and an application for services has already been submitted and filed for this lot.

As with all homes and land east of 136 Street, the parcel is in a flood plain so a pad or piers must raise the home a minimum of 36" above the existing grade. The build-height, however, can reach to 28' above existing grade, so even a two-story home would still be allowable on this lot. A second story or rooftop deck would have the benefit of breathtaking views. Currently, there are two permitted shipping containers and a small water tower on the lot (as well as other storage items), which can be negotiated as part of the sale of the property or sold separately by the existing owner.