
Phoenix, AZ 85018
This property presents a High-Potential Investment Opportunity with a List Price of $808,000—positioned well above the $739,928 Fair Market Value by 9%. Featuring a 10,511 sq ft lot and a Condition Rating of 6, this asset is primed for a luxury rebuild or significant expansion in Lower Arcadia. The inclusion of existing architectural plans allows for a streamlined development process. This is a strategic acquisition ideal for Fix-and-Flip Investors or Custom Home Builders seeking a prime development site.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4102 E OSBORN Road Subject | $808,000* List Price | 3 | 2 | 1,606 | $461 | - |
A 4438 E MONTEROSA Street Sold | $680,000 | 3 | 2 | 1,785 | $381 | 0.8 mi |
B 3424 N 45TH Street Pending | $750,000 List Price | 3 | 2 | 1,469 | $511 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1954 (70 years old) with no evidence of recent renovations. The listing is explicitly marketed as a 'remodel or build' opportunity for a 'custom luxury residence' and includes architectural plans, indicating the property is being sold primarily for its land value in a high-end neighborhood.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10511, living area = 1606.
Situated in the highly desirable Lower Arcadia area, the property is surrounded by high-end homes and offers proximity to top-tier dining, shopping, and entertainment.
The inclusion of existing architectural plans provides a significant advantage, allowing buyers to fast-track the design and permitting process for a custom residence.
As a primary remodel or rebuild opportunity, the property requires a substantial financial investment beyond the purchase price to achieve its full market potential.
Built in 1954, the current 1,606 sq ft home likely lacks modern energy efficiencies and contemporary layouts, necessitating a complete overhaul.
Exceptional opportunity to remodel or build in one of lower Arcadia's most desirable locations. This 10,500 sq ft lot offers endless possibilities for a custom luxury residence or investment project. This 3 bed, 2 bath home has huge potential for a remodel, addition or complete new build. Existing architectural plans are included, allowing buyers to fast-track the design and permitting process while still having the flexibility to customize their vision. Surrounded by high-end homes and located near top-rated dining, shopping, and entertainment, this is a rare chance to secure a prime lot in a highly sought-after neighborhood. Bring your builder and create something truly special.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,606 | - |
| Lot Size | 10,511 | - |
| Price | $808.0K | $495.4K |
| Price per sq ft | $503 | $290 |
| Built year | 1954 | 0 |
| HOA | $0 | $0 |
| Days on market | 26 | 1260 |
Jun 26, 2026
$808,000
Initial Listing