Opportunities like this are becoming increasingly rare in the rapidly growing South Mountain corridor. The property's scale, location, and flexibility make it an exceptional redevelopment opportunity. With the continued growth and revitalization of South Phoenix, this site presents a compelling opportunity for a developer or investor to reimagine the land for townhomes, multi-family apartments, community retail, or other commercial oriented projects (buyer to verify). This site is tailor made for a developer looking to participate in the continued expansion of the South Mountain submarket, a
CloseDaily local analysis
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
This property is grouped with the current listings without a reported bedroom count in Phoenix. Its asking price falls near the 91st percentile of that active group. The comparison uses 566 active or publicly marketable listings from the same local MLS source, filtered to records without a reported bedroom count.
The property has been tracked for 0 days, while the current cohort averages 0 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $350,000, and the median is $228 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 2868 E DUNBAR Drive, Phoenix, AZ 85042 | Apr 6, 2026 | 3 bd · 1,536 sqft | $345,000 | 0.2 mi |
| 7510 S 29TH Way, Phoenix, AZ 85042 | Apr 27, 2026 | 3 bd · 1,538 sqft | $350,000 | 0.2 mi |
| 2915 E CONSTANCE Way, Phoenix, AZ 85042 | Jun 2, 2026 | 5 bd · 3,404 sqft | $865,000 | 0.2 mi |
| 2954 E DONNER Drive, Phoenix, AZ 85042 | Jun 22, 2026 | 3 bd · 1,439 sqft | $315,000 | 0.2 mi |
| 3021 E DARROW Street, Phoenix, AZ 85042 | Apr 3, 2026 | 3 bd · 1,537 sqft | $350,000 | 0.2 mi |
| 2965 E Dunbar Drive, Phoenix, AZ 85042 | Jul 9, 2026 | 3 bd · 1,538 sqft | $350,000 | 0.2 mi |
| 8023 S 27TH Way, Phoenix, AZ 85042 | Sep 28, 2026 | 3 bd · 1,412 sqft | $399,900 | 0.3 mi |
| 7504 S 30TH Terrace, Phoenix, AZ 85042 | Apr 23, 2026 | 2 bd · 1,205 sqft | $299,990 | 0.3 mi |
MLS timeline
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
Continue comparing
These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.
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