Rare blank slate opportunity. With houses north of Thomas (and even Oak) commonly over a million 'Arcadia Light' has reached this neighborhood with a $1.5 million dollar home under contract mere yards away and a current $1.75 million dollar listing blocks away. This Papago Village home was built in 1950 and has not been on the market in decades. For those looking for an entry level home this 2-bedroom 1-bath house has lots to offer. Kitchen and Bath remodeled in 2011 and HVAC and water heater are less than 10-years old making further renovations required to transform this house into a livable entry-level home both affordable and within reach for those priced out of this area. Expansion also possible with buildable envelope available to the west and north. For investors, this 7,153 square foot irrigated corner lot allows for a new home with over 2,800 square feet of first floor coverage. A second story would afford even more space along with northernly views of both Camelback Mountain and Squaw Peak. Some of the largest commercial developments in The Valley are taking place just to the south while proximity to Central Phoenix, Sky Harbor, Scottsdale, Tempe and freeways will only increase the desirability of this neighborhood.
Listing courtesy of My Home Group Real Estate. Selling Office: Realty ONE Group.
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