2703 E FRIESS Drive 5, Phoenix, AZ 85032

$1,023,000
Property Type: Land Lot Size (sq. ft.): 48,435 Status: Active
Current Price: $1,023,000 List Date: 10/04/2025 Last Modified: 3/24/2026

Overview

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!

Listing Details MLS# 6929156

Location, Tax & Legal

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
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

Contract Information

For Sale or Lease?
Sale
Type
Exclusive Agency

General Property Description

Apx Total Acres
1.11
Apx Total Acres G/N
G
Price Per Acre
921621.62
Apx SqFt
48435
Price Per SqFt
21.12
Apx SqFt G/N
G
Horses
N
Zoning
RES
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
Lot Size Dimensions
No

Remarks Misc

Cross Street
28th St & Thunderbird

Legal Info

Township
3N
Range
3E
Section
11
Lot Number
5

Showing Notification Methods

Showing Service
Aligned Showings
Text
Yes
Phone Call
Yes

More Information

Special Listing Cond

N/A
Yes

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

Lockbox Type

None
Yes

Existing Land Use

Residential Lot
Yes

Zoned Presently

Single Family
Yes

Potential Use

Single Family
Yes

Parcel Size

1.00 - 2.49 Acres
Yes

Land Features

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

View

City Lights
Yes
Mountain(s)
Yes

Vegetation

Low Desert
Yes

Land Configuration

Irregular Shape
Yes

Road Surface Type

Asphalt
Yes

Fencing

None
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Electric

APS
Yes

Gas

None
Yes

Distance to Cable

On Property
Yes

New Financing

Cash
Yes
Conventional
Yes
Owner May Lease Land
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

None
Yes

Distance to Sewer

On Property
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

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 - 24 - 2026
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