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Residential Development Lot
For Sale
$4,200,000

5702 East Caballo Drive Unit 7, Paradise Valley, AZ 85253

1.23-acre lot in Paradise Valley with a demolished former home, ready for new construction.

Property Size53,454 SF
Lot Size1.23 Acres
Price / SF$78.57
Days on Market116

Property Features for 5702 East Caballo Drive Unit 7

General Information

Standard status Active
Size 53,454 SF
Lot size 1.23 Acres
Property subtype Land
Zoning R 43

Taxes and HOA fees

Annual Taxes $6,669

Amenities

1
Residence
Listing Agency: Realty ONE Group
Listed By: Joshua A Peters · License #SA640957000
Source: Compass
Added: Apr 16 Changed: Aug 8 Last Checked: May 8 at 6:27PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty ONE Group

Investment Insights

Based on property information with market context.

This for-sale residential lot in Paradise Valley is offered at 1.23 acres. The former house has been torn down, and the property is ready to build a new home.

The site is described as being directly across from a nearby estate and surrounded by other high-end homes. The remarks also note views of Mummy Mountain and the Phoenix Mountain Preserve.

The property is specifically identified as Unit 7 at 5702 East Caballo Drive in Paradise Valley, AZ 85253.

Key Highlights

  • 1.23‑acre lot in Paradise Valley
  • Former house has been torn down, ready for new construction
  • One lot total (Number of Lots: 1)

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Auto Repair Shop Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

215
Businesses Nearby

Demographics for 85253, AZ

17,358
Population
8,815
Households
2
Avg Household Size
53
Median Age
71%
College-Educated
98%
High-School Grad
18.1 sq mi
ZIP Area
959
Density / Sq Mi
$182,150
Median Household Income
$79,848
Median Earnings
$1,935
Median Rent
$2,000,001
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - 1.23-acre lot in Paradise Valley with a demolished former home, ready for new construction.
Where is this residential land & home lot located?
The property is located at 5702 East Caballo Drive Unit 7 Paradise Valley, AZ.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: 1.23‑acre lot in Paradise Valley; Former house has been torn down, ready for new construction; One lot total (Number of Lots: 1)
More about this property
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