3425 E HIGHLINE CANAL Road, Phoenix, AZ 85042, Phoenix, 85042 - 3 bed, 2 bath
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Phoenix, AZ 85042
Analysis of 3425 E HIGHLINE CANAL Road, Phoenix, AZ 85042 is currently available with a list price of $1,100,000. 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 a 1951-built residence situated on a 6-acre lot, marketed primarily for its land value and subdivision potential. Given the age of the structure (70+ years), the lack of any recorded renovations, and the absence of interior images, the existing home is treated as a tear-down to make way for a new estate or multiple homesites as suggested in the listing description.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 261360, living area = 1788.
The expansive 6-acre lot offers a rare opportunity for subdivision into multiple homesites or the creation of a massive private estate, with city plans for subdivision already available for review.
Nestled at the base of South Mountain, the property provides breathtaking panoramic hillside and city light views, along with immediate access to the South Mountain Preserve's hiking and riding trails.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =261360, other record lot size in square feet = 207476.
The original 1951 home likely requires significant renovation or demolition to meet the standards of a modern luxury estate, potentially adding substantial costs to the project.
The presence of a tenant and strict instructions not to walk the property without permission may complicate the initial due diligence and physical inspection process for prospective buyers.
Truly remarkable opportunity to own a spectacular 6-acre lot nestled at the base of Phoenix South Mountain. This extraordinary property offers an enchanting combination of natural beauty and urban convenience. The panoramic hillside and breathtaking city light views create a sense of tranquility and serenity. Whether you envision building a luxurious private estate or multiple homesites, this lot provides ample space to bring your vision to life. The nearby South Mountain Preserve presents a wealth of hiking, biking or horseback riding trails allowing you to explore the stunning desert landscape and connect with nature. The home has 1789 sqft, 3 bdrms 2 baths 2 carport. Ask about the plans from the city to subdivide!! Please do not disturb the tenant or walk on the property.
No exterior & parking available.
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 | 1,788 | 1,869 | 41% |
| Lot Size | 261,360 | 7,503 | 100% |
| Price | $1.10M | $412.5K | 98% |
| Price per sq ft | $615 | $227 | 99% |
| Built year | 1951 | 2001 | 4% |
| HOA | $0 | $96 | 34% |
| Days on market | 335 | 1341 | 39% |
May 22, 2025
$1,100,000
Initial Listing