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$1,000,000 Just Listed
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Property Description
Set within a private gated community, this exceptional homesite at 2703 E Friess Drive #5 offers a rare blend of privacy, space, and breathtaking natural beauty. Spanning over an acre, the property is fully equipped with all utilities already on site--making it ready for your custom dream home. Positioned to capture truly spectacular, unobstructed views, the lot reveals sweeping panoramas of the entire Phoenix valley. Whether it's vibrant city lights at night or colorful desert sunsets, the scenery here is nothing short of remarkable. Adding to its exclusivity, the property is bordered by mountain preserves on two sides, ensuring permanent open space and a serene desert backdrop that will never be developed. Please note that SELLER FINANCING is available - please inquire.
Full Property Details
Full Property Details for 2703 E Friess Dr #5
General
- Price: $1,000,000
- HOA FEE: $113/month
- HOA FEE FREQ.: Quarterly
- Taxes: $1,696 (2025)
- Status: Active
- Type: Lots/Land
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7015021
- Updated: 4/16/2026
- Added to Site: 3 day(s) ago
Location
- County: Maricopa
- Township: 3N
- Subdivision: PRESERVE AT SHADOW MOUNTAIN
- Cross Streets: 28th St & Thunderbird
Community
- Association: Yes
- Assoc. Name: Presereve at SM
Utilities
- Dist. to Gas: None
- Dist. to Electric: On Property
- Dist. to Sewer: On Property
- Water: City Franchise
- Dist. to Water: On Property
- Dist. to Telecomm: On Property
Lot Features
- Property View: Mountain(s), City, Desert, Panoramic, City Lights
- Mountain views: Yes
- Lot Size (Acres): 1.11
- Lot Size (Sq. Ft.): 48,435
- Lot Dimensions: variable
- Frontage: Asphalt
- Trees/Vegetation: Natural Vegetation, Low Desert
- Zoning: RES
Financial Considerations
- Association Fee: $340
- Assoc Fee Freq.: Quarterly
- Tax Amount: $1,696
- Tax Year: 2025
- Terms: Owner May Carry, Cash, 1031 Exchange, Conventional
Disclosures and Reports
- Legal Description: LOT 5 PRESERVE AT SHADOW MOUNTAIN MCR 044831
- Property ID: 214-54-007
- Range: 3E
- Section: 11
- Lot Number: 5
Listed by Keller Williams Realty Sonoran Living
Get Pre-Approved Today
Schools
Schools serving 2703 E Friess Dr #5
School District:Paradise Valley Unified District
| Name | Grades | Distance |
|---|---|---|
Larkspur Elementary School 2450 East Larkspur Drive, Phoenix, AZ 85032 | PK-6 | 0.8 mi |
Shea Middle School 2728 East Shea Boulevard, Phoenix, AZ 85028 | 7-8 | 2.1 mi |
Shadow Mountain High School 2902 East Shea Boulevard, Phoenix, AZ 85028 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2703 E Friess Dr #5
Date
Details
Price
Change
Source
4/16/2026
Listed
$1,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2703 E Friess Dr #5
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,696
3%
$71,340
-10%
2024
$1,652
2%
$79,140
-5%
2023
$1,618
1%
$83,055
49%
2022
$1,601
—
$55,920
22%
2022
$1,601
—
$45,900
-24%
2021
$1,606
3%
$60,735
—
2020
$1,556
—
$60,735
20%
2019
$1,558
3%
$50,655
-29%
2018
$1,507
4%
$71,625
17%
2017
$1,445
2%
$61,425
11%
2016
$1,421
1%
$55,125
201%
2015
$1,403
8%
$18,288
77%
2014
$1,300
-15%
$10,352
-13%
2013
$1,526
—
$11,840
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2703 E Friess Dr #5
2703 E Friess Drive #5, Phoenix, AZ 85032 (MLS# 7015021) is a Lots/Land property with a lot size of 1.11 acres. 2703 E Friess Drive #5 is currently listed for $1,000,000 and was received on April 16, 2026. Want to learn more about 2703 E Friess Drive #5? Do you have questions about finding other Lots/Land real estate for sale in Maryvale? You can browse all Maryvale real estate or contact a Coldwell Banker agent to request more information.

