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38321 N Sombrero Road (unit 42), Carefree, AZ – $237,000

  • $237k Price
  • 4.02 Acres
  • $237k Price
  • 4.02 Acres

38321 N Sombrero Road (unit 42)

The key to the value of this 4+ acre property lies in the TOWN OF CAREFREE ZONING ORDINANCE, ARTICLE X, MOUNTAIN-SIDE DEVELOPMENT REGULATIONS.(WWW.CAREFREE.ORG/159ZONING-ORDINANCE-PDF) In particular, note pages X-1(p118) thru X-8 (setback relief possibility). Wildlife Corridor on Northeast portion of lot should be preserved. This beautiful, interesting lower area of the wash offers an amazing variety of 'critters'. Perfect raised buildable area is on SW side of the lot adjacent to Sombrero road. Water & Gas run along street a RE sign is there. See TOPO map (in PICS) to help you visualize the building opportunity. Thru use of Hillside Ordinance setback relief, over 2 acres of this lot become USEABLE LAND! Buyer to verify information important to Buyer during Inspection period. The MOUNTAINSIDE DEVELOPMENT REGULATION, ARTICLE X, offers a valuable trade-off to the future owner: IT ALLOWS FOR A 75% SETBACK RELIEF (all sides) when 45% of the property is "PRESERVED AS A CONSERVATION EASEMENT." THE IMPACT ON THIS LOT SHOULD BE NEGLIGIBLE, AS THE NORTHERLY PART IS A WASH THAT NOT ONLY CANNOT BE BUILT IN, BY DESIGNATION, BUT REALLY SHOULD BE PRESERVED. This land forms a wildlife viewing corridor for the likes of deer, coyote, javelina, many kinds of birds, bunnies, and all sorts of small animal life! Great tradeoff! The remaining 55% of the 4+acre lot (or appx. 2.2 acres) should provide an ample site for a generous sized home with amenities (pool? tennis court? RV garage? barn? corrals? (yes!! it is HORSE PROPERTY!) The actual site/pad size and location is finalized with plan submital. Lot is surrounded by homes in the Million Plus Range, and this lot has GREAT PRIVACY! The bluff to the south shelters you from southerly storms. There are no other neighbors to the north, west or east. Gas and Water Utilities are in Sombrero near the lot lines. There is perfect building pad for a north/south facing home on the raised area at the SOUTHWEST side of the lot, easily accessable from Sombrero. Imagine morning coffee on your east-facing patio overlooking the wash!! Once you walk the lot, you will see it's serene beauty! The Carefree Town Ordinance is included in the DOCUMENT section of this MLS listing. In addition there is a Topo Map of the Lot. Listing agent has a full scale conture map with elevations, setbacks, and possible buildable area which can convey to new Owner. This initial work has been performed by Graham Surveying and Engineering, INC. of Carefree.

Essential Information

  • MLS® #5518112
  • Price$237,000
  • Acres4.02
  • TypeLand / Lot
  • StatusActive

Community Information

  • SubdivisionCOW TRACK ESTATES 2
  • CityCarefree
  • CountyMaricopa
  • StateAZ
  • Zip Code85377

Address

38321 N Sombrero Road (unit 42)

Exterior

Lot Description

Corner Lot, Other (See Rmks), Adjacent to Rvr/Strm, Adjacent to Wash, North/South Exp, Mountain View(s), Dual Street Ftg

School Information

  • ElementaryBlack Mountain
  • HighCactus Shadows

District

093 - Cave Creek Unified District

Additional Information

Zoning

Single Family, Other (See Rmks)

Listing Details

  • OfficeRE/MAX Excalibur
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Price Change History for 38321 N Sombrero Road (unit 42), Carefree, AZ (MLS® #5518112)

Date Details Change
Price Reduced from $317,000 to $237,000 $80,000 (25.24%)

RE/MAX Excalibur.

Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Coldwell Banker Residential Brokerage. Copyright 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on April 25th, 2019 at 11:18am MST.