9969 East CHARTER OAK Road 5 Scottsdale, AZ 85260

$4,995,000
2.31
Acres
$4,995,000
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Lot split is currently underway with the city, total 2.31 acre parcel is in que to be split equally. An extremely rare development opportunity on Scottsdale's most coveted street, Charter Oak. This expansive 2.3-acre parcel offers the unique ability to split the lot, allowing a developer to build two luxury projects simultaneously. Zoning supports the split, with both future homesites having access to all necessary utilities already in place. Surrounded by stunning new construction ranging from $6M-$10M, this property sits in the heart of one of the area's most prestigious enclaves. Whether building spec or custom estates, you have the flexibility to tailor your design, timeline, and margins to maximize profitability in a proven high-end market.

Lot split is currently underway with the city, total 2.31 acre parcel is in que to be split equally. An extremely rare development opportunity on Scottsdale's most coveted street, Charter Oak. This expansive 2.3-acre parcel offers the unique ability to split the lot, allowing a developer to build two luxury projects simultaneously. Zoning supports the split, with both future homesites having access to all necessary utilities already in place. Surrounded by stunning new construction ranging from $6M-$10M, this property sits in the heart of one of the area's most prestigious enclaves. Whether building spec or custom estates, you have the flexibility to tailor your design, timeline, and margins to maximize profitability in a proven high-end market.

  • Neighborhood
  • Type
  • County
    Maricopa
  • Area
    Scottsdale
  • Tax Amount
    $6,784
  • Status
    Active
  • Listing #
    7020668
  • Lot Size
    2.31
  • Listed on site
    37 days

Listed by:
Compass

mls source logo Listing provided courtesy of Arizona Regional Multiple Listing Service, Inc. (ARMLS)
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Property details

Community Features

  • No HOA
  • Not Age Restricted

Exterior features

  • No Pool
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