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$230,000

  • For Sale
  • Active
  • Lots/Land
  • 0.47 Acres
  • Updated 9 days ago
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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 convenient access to downtown Phoenix, Sky Harbor Airport, shopping, dining, and major freeways. ''Note: Lot lines sourced from Maricopa County Assessor's Office records. These are for illustrative purpose only and are not substitute for a professional boundary survey.

Full Property Details for 7816 S 42nd Way #40

General

  • Price: $230,000
  • HOA FEE: $125/month
  • Taxes: $549 (2025)
  • Status: Active
  • Type: Lots/Land
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 7043327
  • Updated: 6/18/2026
  • Added to Site: 26 day(s) ago

Location

  • County: Maricopa
  • Township: 1S
  • Subdivision: LEGACY MOUNTAIN VILLAS
  • Cross Streets: 40th and Baseline Rd

Community

  • Association: Yes
  • Assoc. Name: Legacy Mtn. Villas

Utilities

  • Dist. to Gas: Call Listing Office
  • Dist. to Electric: Call Listing Office
  • Dist. to Sewer: Call Listing Office
  • Water: City Franchise
  • Dist. to Water: Call Listing Office
  • Dist. to Telecomm: Call Listing Office

Lot Features

  • Property View: Mountain(s), City, Desert, Panoramic, City Lights
  • Mountain views: Yes
  • Lot Size (Acres): 0.47
  • Lot Size (Sq. Ft.): 20,657
  • Lot Dimensions: 33.375665 , -111.991915
  • Frontage: Asphalt, Curbs and Gutters, Sidewalk(s)
  • Lot Features: Cul-De-Sac, Gated Community, Border Common Area
  • Development Status: Raw Land
  • Trees/Vegetation: Natural Vegetation
  • Zoning: R-6

Financial Considerations

  • Association Fee: $125
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $549
  • Tax Year: 2025
  • Terms: Cash, 1031 Exchange, Conventional

Disclosures and Reports

  • Legal Description: LOT 40 LEGACY MOUNTAIN VILLAS MCR 124126
  • Property ID: 301-18-065
  • Range: 4E
  • Section: 6
  • Lot Number: 40

Listed by My Home Group Real Estate

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— 7816 S 42nd Way #40 —

  • My Home Group Real Estate

  • My Home Group Real Estate

Get Pre-Approved Today

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 7816 S 42nd Way #40

School Districts:Tempe School District, Tempe Union High School District
NameGradesDistance
Frank Elementary School
8409 South Avenida del Yaqui, Guadalupe, AZ 85283
K-51.7 mi
Fees College Preparatory Middle School
1600 East Watson Drive, Tempe, AZ 85283
6-84.5 mi
Mountain Pointe High School
4201 East Knox Road, Phoenix, AZ 85044
9-123.4 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 7816 S 42nd Way #40 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/17/2026
Listed
$230,000
253.85%
MLS
11/01/2024
Sold
$65,000
—
Public Record
Get Price Alerts and Save Property
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 for 7816 S 42nd Way #40

Year
Property Taxes
Change
Tax Assessment
Change
2025
$549
—
$4,733
-84%
2025
$549
7%
$29,400
3%
2023
$511
4%
$28,650
15%
2022
$492
—
$24,915
5%
2022
$492
-1%
$23,790
12%
2021
$496
3%
$21,240
—
2020
$481
2%
$21,150
168%
2019
$472
3%
$7,890
5%
2018
$460
3%
$7,485
47%
2017
$445
—
$5,085
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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7816 S 42nd Way #40, Phoenix, AZ 85042 (MLS# 7043327) is a Lots/Land property with a lot size of 0.47 acres. 7816 S 42nd Way #40 is currently listed for $230,000 and was received on June 18, 2026. Want to learn more about 7816 S 42nd Way #40? Do you have questions about finding other Lots/Land real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

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