19226 N CAVE CREEK Road 128 to 139, Phoenix, AZ 85024

$1,195,000
Property Type: Land Lot Size (sq. ft.): 51,836 Status: Active
Current Price: $1,195,000 List Date: 2/23/2026 Last Modified: 5/20/2026

Overview

Description

1.19 Acres | 12 Approved Townhome Units | Permits in Place | Partial Civil Complete. Exceptional infill development opportunity featuring 12 fully approved parcels with plans and permits in place -- ready to build. The site is designed for 6 duplex-style buildings (2 attached townhomes per building), each residence offering 3 bedrooms, 1,602 to 1,962 square feet of livable space, private balcony and a 2-car garage. Approximately 50% of the civil work has already been completed, significantly reducing development timeline and upfront costs. A rare opportunity to step into a near shovel-ready project with approvals secured and infrastructure partially completed -- ideal for developers seeking to accelerate delivery and minimize entitlement risk.

Listing Details MLS# 6988561

Location, Tax & Legal

House Number
19226
Compass
N
Street Name
CAVE CREEK
St Suffix
Road
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85024
Zip4
2493
Country
US
County Code
Maricopa
Assessor Number
213-20-449
Subdivision
PRESERVE AT CAVE CREEK CONDOMINIUM AMD
Tax Year
2025
Lot #
128 to 139
Assessor's Map #
20
Legal Description (Abbrev)
LOT 37 PRESERVE AT CAVE CREEK CONDOMINIUM AMD MCR 089116
Assessor's Parcel #
449
Add'l Parcels
Yes
Tax Municipality
Phoenix
Census Tract
616900
Taxes
7200

Contract Information

For Sale or Lease?
Sale
Type
Exclusive Right To Sell

General Property Description

Apx Total Acres
0.04
Apx Total Acres G/N
G
Price Per Acre
29875000
# Lots in Listing
12
# Units Allowed
12
Apx SqFt
51836
Price Per SqFt
23.05
Apx SqFt G/N
N
Lot Size Dimensions
30 by 60
Horses
N
Zoning
R5
Flood Zone
No
Elementary School District
Paradise Valley Unified District
High School District
Paradise Valley Unified District
Elementary School
Sunset Canyon School
Jr. High School
Mountain Trail Middle School
High School
North Canyon High School

Remarks Misc

Cross Street
101 & Cave Creek rd
Directions
South on Cave Creek rd to the property.

Legal Info

Township
4N
Range
3E
Section
27
Lot Number
128 to 139

Showing Notification Methods

Showing Service
Aligned Showings

More Information

Special Listing Cond

N/A
Yes

Pmt & Rate Info

Equity
1195000
Total Owed
0

Assoc/Prop Info

HOA Y/N
Y
HOA Transfer Fee
200
HOA Fee
25
HOA Paid (Freq)
Monthly
HOA Name
Preserve at Cave Cre
HOA Telephone
602-863-3600
PAD Fee Y/N
N
Assessed Balance
0
HOA 2 Y/N
N

Lockbox Type

None
Yes

Existing Land Use

Residential Lot
Yes

Zoned Presently

Multi-Family
Yes

Potential Use

Multi-Family
Yes

Parcel Size

1.00 - 2.49 Acres
Yes

Proposed Density

06 - 10 Units P/Acre
Yes

Development Status

Plans Included
Yes

Land Features

Cul-De-Sac
Yes

View

Mountain(s)
Yes

Road Surface Type

Asphalt
Yes

Water Source

City Franchise
Yes

Freeway/Highway

1.1 - 2 Miles
Yes

Sewer

Sewer - Public
Yes

Electric

APS
Yes

Topography

Gentle Sloping
Yes

Gas

SW Gas
Yes

Existing Structures

None
Yes

Distance to Cable

On Property
Yes

New Financing

Cash
Yes
Conventional
Yes

Distance to Phone

On Property
Yes

Distance to Water

On Property
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Distance to Electric

On Property
Yes

Distance to Gas

On Property
Yes

Distance to Sewer

On Property
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes

Environmental

None
Yes

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot Zoned Presently: Multi-Family Potential Use: Multi-Family Parcel Size: 1.00 - 2.49 Acres Proposed Density: 06 - 10 Units P/Acre Development Status: Plans Included Land Features: Cul-De-Sac View: Mountain(s) Road Surface Type: Asphalt Topography: Gentle Sloping Existing Structures: None Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Distance to Cable: On Property Distance to Phone: On Property Distance to Water: On Property Distance to Electric: On Property Distance to Gas: On Property Distance to Sewer: On Property Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Environmental: None Lockbox Type: None
IDX
Listing Office: Compass
Last Updated: May - 20 - 2026
Broker Attribution: 480-980-2244

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