13148 Summit Dr Scottsdale, AZ 85259
Exceptional 1.16-acre residential lot in Scottsdale, Arizona, presents a rare opportunity to build a custom home. Located near the Scottsdale Preserve, this pristine property boasts breathtaking views of the McDowell and Camelback Mountains, along with captivating city lights at night. Enjoy the privacy of this expansive lot while benefiting from its proximity to amenities; the Mayo Clinic is just three minutes away, and several grocery stores are within a short distance. Convenient access to the 101 Freeway adds to its appeal. The property features R-43 zoning, allowing for one house per acre, and adheres to Scottsdale's ESL Ordinance requiring Natural Area Open Space. Utilities are readily available, and there is no HOA, with no mandated build timeframe. The surrounding neighborhood showcases custom luxury homes valued in the higher million-dollar range. A survey and topographical map are included. The asking price is $699,000. The lot's APN is 217-42-058-A. Financing options are available with bank loans requiring 20-30% down payment. This is a truly remarkable opportunity to create your dream home in a highly desirable location. Lease expiration is October 5, 2025, with 0.9 years remaining.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.