$425,000
7150 E PANORAMA Drive, 4
Cave Creek, AZ 85331
MLS# 6714180



7150 E PANORAMA Drive, 4, Cave Creek, AZ 85331
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Property Description
Incredible opportunity to build your dream home on a pristine 5.47-acre lot in Panoramic Estates. Forum Design Group has created nearly complete, building code-compliant plans for a stunning 4,702 sq ft contemporary home. The property offers unobstructed panoramic views of Pinnacle Peak, Black and Elephant mountains, city lights, breathtaking sunsets, and serene starry nights. Water and electricity are on-site, with easy access to Cave Creek, shopping, dining, hiking, and equestrian trails. Optimal north/south exposure facilitates solar energy use. Sale includes permit-ready site, and drainage plans, along with conceptual house plans. OWNER WILL CARRY

Details
Maps
Documents
Contract Information
Current Price: $425,000
List Price: $425,000
Status: Active
List Date: 2024-05-30
For Sale or Lease?: Sale
Type: ER
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 3
Variable Commission: N
Location, Tax & Legal
House Number: 7150
Compass: E
Street Name: PANORAMA
St Suffix: Drive
Lot #: 4
City/Town Code: Cave Creek
State/Province: AZ
Zip Code: 85331
Country: USA
County Code: Maricopa
Assessor's Map #: 86
Assessor's Parcel #: 4
Assessor Parcel Ltr: D
Add'l Parcels: No
Assessor Number: 216-86-004-D
Legal Description (Abbrev): LOT 3 MCR 1503-7 AKA POR PANORAMIC ESTATES MCR 77-18 SEC 15 DAF COM E4 COR SD SEC TH W 40F TH S 40F
Subdivision: PANORAMIC ESTATES
Census Tract: 30402
Tax Municipality: Cave Creek
Taxes: 1125
Tax Year: 2023
General Property Description
Apx Total Acres: 5.47
Apx Total Acres G/N: N
Price Per Acre: 77696.53
# Lots in Listing: 1
# Units Allowed: 1
Apx SqFt: 238311
Price Per SqFt: 1.78
Apx SqFt G/N: N
Lot Size Dimensions: -
Horses: Y
Zoning: DR-190
Elementary School District: Cave Creek Unified District
High School District: Cave Creek Unified District
Remarks & Misc
Cross Street: CAVE CREEK RD & SCHOOL HOUSE RD
Directions: N. ON SCHOOL HOUSE RD AND IN 1.4 MILES TURN RIGHT ON N FLEMING SPRINGS RD. CONTINUE TO RIGHT ON E. ROCKAWAY HILLS DR. RIGHT ON CONTINENTAL MOUNTAIN TO LEFT ON N 72ND ST. TO LEFT ON PANORAMA DR.
Geo Lat: 33.861902
Geo Lon: -111.926581
Status Change Info
Status Change Date: 2024-06-03
Legal Info
Township: 6N
Range: 4E
Section: 15
Lot Number: 4
Pmt & Rate Info
Down Payment %: 20
Seller Carry - Term: 7
1st Interest Rate: 10.9
Equity: 425000
Assoc/Prop Info
HOA Y/N: N
PAD Fee Y/N: N
HOA 2 Y/N: N
Showing Notification Methods
Showing Service: No Showing Service Used
Property Features
Special Listing Cond: N/A
Existing Land Use: Residential Lot
Zoned Presently: Single Family
Potential Use: Single Family
Parcel Size: 5.00 - 9.99 Acres
Development Status: Raw Land; Plans Available
Land Features: Corner Lot; City Light View(s); Mountain View(s); North/South Exp; East/West Exposure
Elevation: 2,001 - 3,000 Ft
Elevation Source: Global Position Sys
Vegetation: Natural Vegetation; High Desert
Land Configuration: Irregular Shape
Roads/Streets: Gravel; Asphalt; Dedicated Street
Road Responsibility: City Maintained Road
Topography: Gentle Sloping; Hillside
Existing Structures: None
Water: City Franchise
Sewer: Septic Tank
Electric: APS
Gas: None
Distance to Cable: Call Listing Office
Distance to Phone: Call Listing Office
Distance to Water: Under 350 Feet
Distance to Electric: Under 350 Feet
Distance to Gas: Call Listing Office
Distance to Sewer: None
New Financing: Cash; Conventional; Seller Approve Terms; Seller May Carry; 1031 Exchange
Seller May Carry (SMC) Payment: Monthly; Principal & Interest
Use Restrictions: C.C. & R's
Reports/Disclosures: Soil Test; Percolation Test; Boundary Survey Avlb; Development Pln Aval
Environmental: None
Lockbox Type: None
Fencing: None

Listing Office: Long Realty Covey Luxury Properties

Last Updated: June - 26 - 2024

7150 E PANORAMA Drive, 4, Cave Creek, AZ 85331 - MLS# 6714180
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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