1851 E CAMPO BELLO Drive, Phoenix, AZ 85022, Phoenix, 85022 - 2 bed, 1 bath
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Phoenix, AZ 85022
Analysis of 1851 E CAMPO BELLO Drive, Phoenix, AZ 85022 is currently available with a list price of $675,000. 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 primarily as a development opportunity for its 1.247-acre lot rather than the existing structure. Built in 1960, the 885-square-foot home is significantly aged, and the listing highlights the R1-6 zoning for up to 9 units, suggesting the current building is a candidate for demolition to reach the property's highest and best use.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 54321, living area = 885.
The expansive 1.247-acre lot is zoned R1-6, offering a rare opportunity to develop up to 9 units with city density bonuses in a high-demand Phoenix corridor.
Situated in the sought-after Paradise Valley School District with quick access to Loop 101, Desert Ridge, and Scottsdale Quarter, ensuring strong long-term resale value.
The existing 885-square-foot home built in 1960 is likely a teardown or requires a total renovation, as it does not represent the highest and best use of the land.
The buyer is responsible for verifying all utilities, access, and easements, which may reveal infrastructure challenges or additional costs for high-density development.
HORSE PROPERTY WITH NO HOA IN THE MIDDLE OF TOWN! Live and play here or treat it as an investment. This flat, build-ready 1.247-acre lot is zoned R1-6, allowing for up to 9 units with city density bonus—buyer to verify. Buyer to verify all utilities, access, easements, and Zoning. Located in the sought-after Paradise Valley School District, surrounded by high-demand neighborhoods and new development. Just minutes from Desert Ridge, Scottsdale Quarter, and the Loop 101, with access to top shopping, dining, and major employers. Ideal for developers seeking a turnkey site in a fast-growing corridor with strong resale demand. Property is currently rented month to month. Don't miss this prime piece of land with incredible upside!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 11% |
| Baths | 1.0 | 2.0 | 4% |
| Square foot | 885 | 1,798 | 1% |
| Lot Size | 54,321 | 7,929 | 100% |
| Price | $675.0K | $422.5K | 83% |
| Price per sq ft | $763 | $268 | 100% |
| Built year | 1960 | 1985 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 339 | 1051 | 39% |
May 22, 2025
$675,000
Initial Listing