My Home Group Real Estate, L.L.C.
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listing
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Single FamilyFor Sale
$3,500,000
6602 N 40th Street
Paradise Valley, AZ 85253
Listed by: The Ave Collective, (602) 760-6767
MLS: Arizona Regional MLS
5Beds
5Baths
6,173Sq Ft
Est. Mortgage
$18,166/mo

**MASSIVE PRICE REDUCTION** Opportunity to own Mid-Construction Hillside Retreat! ** This unique property in the prestigious 85253 area, with stunning mountain views, is about 35% complete and includes all permits, plans, and designs. Priced at $3.5 mill ($566/sq ft). The remaining remodel budget is $1 million, with a potential resale and ARV of $5.5 million ($890/sq ft, with comps closer to $950-$1,000/sq ft), offering savvy investors a expected profit of **$600k** upon completion. No HOA and lot over 1 acre! Envision your dream home in this tranquil hillside setting, and while construction is continuing, we are open to various exit strategies. This property presents numerous possibilities for your vision. Don't miss out on this rare chance to create a picturesque retreat in the Paradise

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Information courtesy of The Ave Collective is subject to verification and is not guaranteed.
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