7120 N Clearwater Parkway #185, Paradise Valley, AZ 85253 - Photo 1

1/1

$1,850,000

Sold
Closed
Lots/Land
0.82 Acres

1/1

Property Description

While this home is lovely as-is, it is offered as a lot because it is a great candidate for redevelopment. The value is truly in the land - buildable lots in the community garner high pricing with the most recent comparable sale at $2.7m. An addition or scrape and rebuild would be profitable in this location and at this price. This lot is nestled between mountains, with incredible views in 360 degrees. A 2nd story or walking deck would fully capture a broader city lights view to the south. Clearwater Hills is a self-managed, guard-gated and patrolled custom home community. Private and natural, it is just 10 minutes from Arcadia bars and restaurants and 20 minutes from the airport. This home is situated near the resident-only southern entrance just before 40th St.

Full Property Details

Full Property Details for 7120 N Clearwater Pkwy #185

General

Sold For: $1,850,000
HOA FEE: $375/month
HOA FEE FREQ.: Annually
Taxes: $6,230 (2023)
Status: Closed
Type: Lots/Land
Source: ARMLS_Arizona_MLS_Phoenix_Area
MLS ID: 6627348
Added to Site: 428 day(s) ago

Location

County: Maricopa
Township: 2N
Subdivision: CLEARWATER HILLS 2 LOTS 197-198, 201-206
Cross Streets: Tatum Blvd & Lincoln Dr.
Dist. to Street: Existing driveway
Total Lots Available: 1

Community

Association: Yes
Assoc. Name: Clearwater Hills

Utilities

Dist. to Gas: On Property
Dist. to Electric: On Property
Dist. to Sewer: None
Water: Private
Dist. to Water: On Property
Dist. to Telecomm: On Property

Additional Structures

Other Structures: Garage(s), Residence

Lot Features

Property View: City Lights, Mountain(s)
Mountain views: Yes
Lot Size (Acres): 0.82
Lot Size (Sq. Ft.): 35,525
Lot Dimensions: Irregular
Frontage: Asphalt, Private Street
Lot Features: East/West Exposure, Gated Community, Guarded Entry, Adjacent to Wash
Trees/Vegetation: See Remarks, Natural Vegetation, Low Desert
Zoning: R-43
Fencing (Description): Block, Partial

Financial Considerations

Association Fee: $4,500
Assoc Fee Freq.: Annually
Tax Amount: $6,230
Tax Year: 2023
Terms: Cash, No Carry, Conventional

Disclosures and Reports

Legal Description: LOT 185 CLEARWATER HILLS 2 LOTS 197-198, 201-206 MCR 008425
Property ID: 169-13-052
Range: 4E
Section: 6
Lot Number: 185

Listed by Realty Executives
Sold by Compass

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Schools

Schools serving 7120 N Clearwater Pkwy #185

School District:Scottsdale Unified District

Name	Grades	Distance
Kiva Elementary School 6911 East McDonald Drive, Paradise Valley, AZ 85253	PK-5	3.7 mi
Mohave Middle School 8490 East Jackrabbit Road, Scottsdale, AZ 85250	6-8	5.7 mi
Saguaro High School 6250 North 82nd Street, Scottsdale, AZ 85250	9-12	5.1 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 7120 N Clearwater Pkwy #185

Date

Details

Price

Change

Source

5/08/2025

Sold

$1,850,000

-7.45%

MLS

1/27/2025

Price Reduced

$1,999,000

-3.66%

MLS

11/22/2024

Price Reduced

$2,075,000

-3.44%

MLS

10/21/2024

Price Reduced

$2,149,000

-2.27%

MLS

2/01/2024

Price Reduced

$2,199,000

-2.27%

MLS

11/06/2023

Listed

$2,250,000

—

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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Beds
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7120 N Clearwater Parkway #185, Paradise Valley, AZ 85253 (MLS# 6627348) is a Lots/Land property that was sold at $1,850,000 on May 08, 2025. Want to learn more about 7120 N Clearwater Parkway #185? Do you have questions about finding other Lots/Land real estate for sale in Paradise Valley? You can browse all Paradise Valley real estate or contact a Coldwell Banker agent to request more information.

7120 N Clearwater Pkwy #185 Paradise Valley, AZ 85253