5016 E CHEERY LYNN Road 38, Phoenix, AZ 85018

New Listing
$1,100,000
Property Type: Land Lot Size (sq. ft.): 9,174 Status: Active
Current Price: $1,100,000 List Date: 3/21/2026 Last Modified: 3/21/2026

Overview

Description

Ready to build north/south lot with permits for a 3,000+sf single-story home, including 4-beds, 4.5 baths, an office, game room or den, pantry, an attached two-car garage and much more (see priv remarks for more details)! The lot is located on a quiet street in the Arcadia Osborn neighborhood with many multi-million dollar properties and many more on the way! Lot comes with permitted building plans for over 3,000 SF of livable space, outdoor living spaces and a pool by separate permit. This is a rare find conveniently located near restaurants, golf, hiking, shopping and everything you could possibly want!

Listing Details MLS# 7002115

Location, Tax & Legal

House Number
5016
Compass
E
Street Name
CHEERY LYNN
St Suffix
Road
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85018
Zip4
6552
County Code
Maricopa
Assessor Number
128-18-038
Subdivision
OSBORN ESTATES 2
Tax Year
2025
Lot #
38
Assessor's Map #
18
Legal Description (Abbrev)
LOT 38 OSBORN ESTATES 2 MCR 006837
Assessor's Parcel #
38
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
111100
Taxes
3102
Marketing Name
Arcadia Osborn

Contract Information

For Sale or Lease?
Sale
Type
Exclusive Right To Sell

General Property Description

Apx Total Acres
0.21
Apx Total Acres G/N
G
Price Per Acre
5238095.24
# Lots in Listing
Yes
# Units Allowed
Yes
Apx SqFt
9174
Price Per SqFt
119.9
Apx SqFt G/N
G
Lot Size Dimensions
See plat map
Horses
N
Zoning
R-6, R1-6
Flood Zone
No
Elementary School District
Scottsdale Unified District
High School District
Scottsdale Unified District
Elementary School
Tavan Elementary School
Jr. High School
Ingleside Middle School
High School
Arcadia High School

Remarks Misc

Cross Street
Osborn & 50th St.
Directions
From Osborn & 50th St., go south to Cheery Lynn Rd, turn left and lot is 3rd on the left.

Legal Info

Township
2N
Range
4E
Section
29
Lot Number
38

Showing Notification Methods

Showing Service
Aligned Showings
Text
Yes
Email
Yes
Phone Call
Yes

More Information

Special Listing Cond

N/A
Yes

Pmt & Rate Info

Equity
1100000
Total Owed
0

Assoc/Prop Info

HOA Y/N
N
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
See Remarks
Yes

Parcel Size

.0 - .24 Acres
Yes

Development Status

Plans Available
Yes
Plans Included
Yes
Prelim Eng Included
Yes
See Remarks
Yes

Land Features

Cul-De-Sac
Yes
North/South Exp
Yes

Road Access Type

Alley
Yes
City Street
Yes

Road Surface Type

Asphalt
Yes
Concrete
Yes

Road Responsibility

City Maintained Road
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes
Sewer - Available
Yes

Electric

SRP
Yes

Topography

Level
Yes

Gas

None
Yes

Existing Structures

None
Yes

Irrigation

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

Private
Yes

Distance to Electric

On Property
Yes

Distance to Gas

None
Yes

Existing 1st Loan Terms

Non Assumable
Yes

Distance to Sewer

On Property
Yes

Use Restrictions

Deed Restrictions
Yes
C.C. & R's
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; See Remarks Parcel Size: .0 - .24 Acres Development Status: Plans Available; Plans Included; Prelim Eng Included; See Remarks Land Features: Cul-De-Sac; North/South Exp Road Access Type: Alley; City Street Road Surface Type: Asphalt; Concrete Road Responsibility: City Maintained Road Topography: Level Existing Structures: None Water Source: City Franchise Irrigation: None Sewer: Sewer - Public; Sewer - Available Electric: SRP 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: Private Existing 1st Loan Terms: Non Assumable New Financing: Cash; Conventional Use Restrictions: Deed Restrictions; C.C. & R's Environmental: None Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None
Listing Office: HomeSmart
IDX
Last Updated: March - 21 - 2026
Broker Attribution: robwilliamsarizona@gmail.com

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