7816 S 42ND Way 40, Phoenix, AZ 85042, Phoenix AZ 85042
Discover the perfect canvas for your dream home in the prestigious, gated community of Legacy Mountain Villas in Phoenix. This exceptional vacant lot offers a rare opportunity to design and build your custom luxury residence amid breathtaking surroundings. Wake up to stunning sunset and sparkling city light views that stretch across the valley. Nestled in this intimate, private enclave, the lot provides an elevated setting with natural beauty, hiking trails, and serene desert landscapes right at your doorstep. Enjoy the exclusivity of a controlled-access gated community while benefiting from c
CloseDaily local analysis
Facts and context beyond the MLS description
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
How this property compares in Phoenix
This property is grouped with the current listings without a reported bedroom count in Phoenix. Its asking price falls near the 42nd percentile of that active group. The comparison uses 564 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
Recent sold homes near this property
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 $401,750, and the median is $248 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 |
|---|---|---|---|---|
| 7410 S 43RD Street, Phoenix, AZ 85042 | Jul 17, 2026 | 4 bd · 1,510 sqft | $110,000 | 0.3 mi |
| 7242 S 41ST Street, Phoenix, AZ 85042 | Jul 24, 2026 | 2 bd · 1,478 sqft | $249,000 | 0.4 mi |
| 3914 E CONSTANCE Way, Phoenix, AZ 85042 | May 29, 2026 | 3 bd · 2,258 sqft | $540,500 | 0.4 mi |
| 3959 E POLLACK Street, Phoenix, AZ 85042 | Aug 31, 2026 | 3 bd · 1,637 sqft | $425,000 | 0.4 mi |
| 7229 S 39TH Way, Phoenix, AZ 85042 | Sep 10, 2026 | 3 bd · 1,445 sqft | $395,000 | 0.4 mi |
| 4238 E Fremont Street, Phoenix, AZ 85042 | Apr 23, 2026 | 2 bd · 1,344 sqft | $225,000 | 0.4 mi |
| 3834 E BRANHAM Lane, Phoenix, AZ 85042 | Jun 12, 2026 | 3 bd · 1,598 sqft | $408,500 | 0.5 mi |
| 3918 E POLLACK Street, Phoenix, AZ 85042 | May 18, 2026 | 3 bd · 1,445 sqft | $410,000 | 0.5 mi |
MLS timeline
Price and status history
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.
- $230,000 · Active
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Similar active homes in Phoenix
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.
View all Phoenix homes for sale · See the Phoenix market report