47700 N 31st, New River, AZ 85087 - Photo 1

1/1

$225,000

Sold
Closed
Lots/Land
5.01 Acres

1/1

Property Description

Priced to move at $45,000 per acre, this 5-acre hillside parcel offers incredible value in New River-well below area sales. With power at the street and no HOA, it's an ideal opportunity for a builder, investor, or buyer seeking privacy, views, and flexibility. Zoned for rural residential use with no deed restrictions, manufactured homes are allowed-making this a rare and affordable option. The land can potentially be split into 4-5 lots, offering strong upside for development or resale. Enjoy wide open space, natural desert beauty, and room to create what you want-whether it's one home or several.

Full Property Details

Full Property Details for 47700 N 31st

General

Sold For: $225,000
Taxes: $987 (2024)
Status: Closed
Type: Lots/Land
Source: ARMLS_Arizona_MLS_Phoenix_Area
MLS ID: 6888286
Added to Site: 197 day(s) ago

Location

County: Maricopa
Township: 7N
Cross Streets: 27th Ave & Twin Peaks Ln
Total Lots Available: 1

Utilities

Dist. to Gas: None
Dist. to Electric: Under 350 Feet
Dist. to Sewer: None
Water: None
Dist. to Water: None
Dist. to Telecomm: Under 350 Feet

Additional Structures

Other Structures: None

Lot Features

Property View: Mountain(s), Panoramic
Mountain views: Yes
Lot Size (Acres): 5.01
Lot Size (Sq. Ft.): 218,236
Lot Dimensions: 328 x 668
Frontage: Dirt, Asphalt
Lot Features: East/West Exposure, Dual Street Ftg, North/South Exp
Development Status: Raw Land, Off Site Imp Needed, On Site Imp Needed
Trees/Vegetation: Natural Vegetation
Zoning: Residential
Fencing (Description): None

Horse Property

Horse Property: Yes

Financial Considerations

Tax Amount: $987
Tax Year: 2024
Terms: Cash, No Carry, Conventional

Disclosures and Reports

Legal Description: LOT 18 /S2 NE4 SE4 SW4/ 5.01 AC
Property ID: 202-11-030
Range: 2E
Section: 26
Lot Number: -

Listed by Russ Lyon Sotheby's International Realty
Sold by HomeSmart

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— 47700 N 31st —

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Schools

Schools serving 47700 N 31st

School District:Deer Valley Unified District

Name	Grades	Distance
New River Elementary School 48827 N Black Canyon Hwy, Phoenix, AZ 85087	PK-6	1 mi
Gavilan Peak Elementary School 2701 W Memorial Dr, Phoenix, AZ 85086	PK-6	4.2 mi
Boulder Creek High School 40404 N Gavilan Peak Pkwy, Phoenix, AZ 85086	9-12	4.5 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 47700 N 31st

Date

Details

Price

Change

Source

8/26/2025

Sold

$225,000

—

MLS

7/03/2025

Listed

$225,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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47700 N 31st, New River, AZ 85087 (MLS# 6888286) is a Lots/Land property that was sold at $225,000 on August 26, 2025. Want to learn more about 47700 N 31st? Do you have questions about finding other Lots/Land real estate for sale in New River? You can browse all New River real estate or contact a Coldwell Banker agent to request more information.

47700 N 31st New River, AZ 85087