2703 E FRIESS Drive 5, Phoenix, AZ 85032

$1,059,000
Property Type: Land Lot Size (sq. ft.): 48,435 Status: Active
Current Price: $1,059,000 List Date: 10/04/2025 Last Modified: 3/05/2026

Description

SELLER FINANCING AVAILABLE!!! Stunning elevated lot in the exclusive, gated Preserve at Shadow Mountain community! Beautifully situated among multi-million-dollar homes! Enjoy unobstructed 360° city and mountain views, perfectly situated on a culdesac with a private road bordering the preserve with direct access to hiking trails right outside your door! Just minutes from Paradise Valley Mall, premier golf courses, shopping, dining, schools, horseback riding, and major freeways. This prime central location is truly unmatched. Ready for your dream build! Don't miss the opportunity to own one of the finest lots in the Preserve at Shadow Mountain!

More Information MLS# 6929156

Contract Information

Type: Exclusive Agency For Sale or Lease?: Sale Current Price: $1,059,000 List Price: $1,059,000 Status: Active List Date: 2025-10-03

Location, Tax & Legal

Lot #: 5 Assessor's Map #: 54 Legal Description (Abbrev): LOT 5 PRESERVE AT SHADOW MOUNTAIN MCR 044831 Assessor's Parcel #: 7 Add'l Parcels: No Tax Municipality: Phoenix Census Tract: 103502 Taxes: 1652 House Number: 2703 Compass: E Street Name: FRIESS St Suffix: Drive City/Town Code: Phoenix State/Province: AZ Zip Code: 85032 Zip4: 8612 County Code: Maricopa Assessor Number: 214-54-007 Subdivision: PRESERVE AT SHADOW MOUNTAIN Tax Year: 2024

General Property Description

Apx Total Acres: 1.11 Apx Total Acres G/N: G Price Per Acre: 954054.05 Apx SqFt: 48435 Price Per SqFt: 21.86 Apx SqFt G/N: G Lot Size Dimensions: 0 Horses: N Elementary School District: Paradise Valley Unified District High School District: Paradise Valley Unified District Elementary School: Larkspur Elementary School Jr. High School: Shea Middle School High School: Paradise Valley High School Zoning: RES

Legal Info

Range: 3E Section: 11 Township: 3N Lot Number: 5

Special Listing Cond

N/A: 1

Pmt & Rate Info

Equity: 1500000 Total Owed: 0

Assoc/Prop Info

HOA Y/N: Y HOA Transfer Fee: 250 HOA Fee: 339.94 HOA Paid (Freq): Quarterly HOA Name: Presereve at SM HOA Telephone: 480-483-8290 PAD Fee Y/N: N Assessed Balance: 0 HOA 2 Y/N: N

Showing Notification Methods

Showing Service: Aligned Showings Text: 1 Phone Call: 1

Lockbox Type

None: 1

Existing Land Use

Residential Lot: 1

Zoned Presently

Single Family: 1

Potential Use

Single Family: 1

Parcel Size

1.00 - 2.49 Acres: 1

Land Features

Cul-De-Sac: 1 Gated Community: 1 North/South Exp: 1 Border Common Area: 1 Borders Preserve/Public Land: 1

View

City Lights: 1 Mountain(s): 1

Vegetation

Low Desert: 1

Land Configuration

Irregular Shape: 1

Road Surface Type

Asphalt: 1

Fencing

None: 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1

Electric

APS: 1

Gas

None: 1

Distance to Cable

On Property: 1

New Financing

Cash: 1 Conventional: 1 Owner May Lease Land: 1

Distance to Phone

On Property: 1

Distance to Water

On Property: 1

Existing 1st Loan

Treat as Free&Clear: 1

Distance to Electric

On Property: 1

Distance to Gas

None: 1

Distance to Sewer

On Property: 1

Reports/Disclosures

None: 1

Environmental

None: 1

Remarks Misc

Cross Street: 28th St & Thunderbird Geo Lat: 33.613137 Geo Lon: -112.024211

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot Zoned Presently: Single Family Potential Use: Single Family Parcel Size: 1.00 - 2.49 Acres Land Features: Cul-De-Sac; Gated Community; North/South Exp; Border Common Area; Borders Preserve/Public Land View: City Lights; Mountain(s) Vegetation: Low Desert Land Configuration: Irregular Shape Road Surface Type: Asphalt Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: None Distance to Cable: On Property Distance to Phone: On Property Distance to Water: On Property Distance to Electric: On Property Distance to Gas: None Distance to Sewer: On Property Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional; Owner May Lease Land Environmental: None Showing Notification Methods: Text; Phone Call Lockbox Type: None Fencing: None
Listing Office: West USA Realty
IDX
Last Updated: March - 05 - 2026
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.