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Vacant Lot in Gated Community
For Sale
$230,000

7816 S 42ND Way 40, Phoenix, AZ 85042

Vacant residential lot in a controlled-access gated community, offered as a site to design and build a custom home.

Property SizeContact for details
Days on Market67

Property Features for 7816 S 42ND Way 40

General Information

Standard status Active
Property subtype Lots/Land

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $549

Amenities

hiking trails
gated community
Listing Agency: My Home Group Real Estate
Listed By: Erin Pearsall · License #SA648879000
Source: Exitrealty
Added: Jun 19 Changed: Aug 8 Last Checked: Jun 25 at 5:46PM

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 My Home Group Real Estate

Investment Insights

Based on property information with market context.

This vacant residential lot is offered for sale in Legacy Mountain Villas, a controlled-access, gated community. The site is positioned to support the design and construction of a custom home, with the opportunity to enjoy the surrounding desert setting as described in the listing.

The seller notes the community setting includes natural desert landscapes and access to nearby hiking trails. The remarks also indicate convenient access to downtown Phoenix, Sky Harbor Airport, shopping, dining, and major freeways.

A note is included that lot lines were sourced from Maricopa County Assessor’s Office records and are for illustrative purposes only, not a substitute for a professional boundary survey.

Key Highlights

  • Vacant residential lot in a controlled‑access gated community (Legacy Mountain Villas) in Phoenix
  • Site to design and build a custom home
  • Elevated setting with desert landscapes and hiking trails right at the doorstep

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Parking Lot & Garage Auto Repair Shop Spa & Massage Center

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

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

234
Businesses Nearby

Demographics for 85042, AZ

45,433
Population
16,139
Households
2.8
Avg Household Size
35
Median Age
32%
College-Educated
82%
High-School Grad
19.4 sq mi
ZIP Area
2,342
Density / Sq Mi
$86,837
Median Household Income
$46,897
Median Earnings
$1,495
Median Rent
$353,400
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 - Vacant residential lot in a controlled-access gated community, offered as a site to design and build a custom home.
Where is this residential land & home lot located?
The property is located at 7816 S 42ND Way 40 Phoenix, AZ.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Vacant residential lot in a controlled‑access gated community (Legacy Mountain Villas) in Phoenix; Site to design and build a custom home; Elevated setting with desert landscapes and hiking trails right at the doorstep
More about this property
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