1334 E LAS PALMARITAS Drive, Phoenix, AZ 85020, Phoenix, 85020 - 3 bed, 2 bath
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Phoenix, AZ 85020
Analysis of 1334 E LAS PALMARITAS Drive, Phoenix, AZ 85020 is currently available with a list price of $819,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Phoenix Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
The property is marketed as a 'CASH ONLY' sale with the explicit instruction to 'Build your dream home here,' which strongly indicates the 1975 structure is unlivable or holds no value. The absence of interior images and the focus on the lot and mountain views suggest the value is entirely in the land and its redevelopment potential.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10477, living area = 1300.
The property features exceptional and rare mountain views, providing a high-value backdrop that is ideal for a luxury custom residence.
Situated on a generous 10,477 sqft lot in the desirable Echo Mountain Terrace, this site offers a rare chance to build a custom dream home in an established neighborhood.
The sale is restricted to cash buyers only, which significantly limits the pool of potential purchasers by excluding those reliant on traditional mortgage financing.
The marketing focus on building a new home suggests the existing 1975 structure may be in poor condition, requiring demolition or a total renovation to be viable.
Very rare property available for the 1st time since 1975. The view is stunning. Home sold as a CASH ONLY. Build your dream home here!
No exterior & parking available.
Grades PK-5 • 1.0 mi
Grades 5-8 • 2.8 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,300 | 1,918 | 17% |
| Lot Size | 10,477 | 8,306 | 66% |
| Price | $819.0K | $446.0K | 78% |
| Price per sq ft | $630 | $283 | 95% |
| Built year | 1975 | 1967 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 1413 | 0% |
Mar 31, 2026
$819,000
Initial Listing