Doreen Chen Reiske

57302 N BLACK CANYON Highway B,C,D, New River, AZ 85087

$2,750,000
Property Type: Land Lot Size (sq. ft.): 6,708,240 Status: Closed
Current Price: $2,750,000 List Date: 4/29/2023 Last Modified: 8/01/2025

Description

The Nugent Homestead has incredible views of the Bradshaw Mountain Range, Saguros, Palo Verdes, and Chollas. Located between Lake Pleasant and Rock Springs with 154 acres with Moores Gulch that flows into the headwaters of Agua Fría River. The area is a natural wonder with great potential uses as an entertainment venue, RV park, manufactured home park or subdivision with 130 lots outside of the Phoenix water AMA. SEE ATTACHED DOCS FOR DUE DILIGENCE & OFFERING MEMORANDUM. OUTSIDE OF THE PHOENIX WATER AMA BOUNDARY. WELLS IN THE AREA AT SHALLOW DEPTHS. I-17 WIDENING EXPANSION EXPLAINED https://youtu.be/EbJNh2hlso0 https://youtu.be/qst6aqESXnY https://youtu.be/uJ3h0pP5sYM

More Information MLS# 6207117

Contract Information

Type: Exclusive Right To Sell For Sale or Lease?: Sale Current Price: $2,750,000 Sold Price: $2,750,000 Status: Closed List Date: 2021-03-13

Location, Tax & Legal

Lot #: B,C,D Assessor's Map #: 2 Assessor's Parcel #: 2 Assessor Parcel Ltr: C Add'l Parcels: Yes Tax Municipality: Maricopa - COUNTY Taxes: 4750 Marketing Name: NUGENT HOMESTEAD Map Code/Grid: B32 House Number: 57302 Compass: N Street Name: BLACK CANYON St Suffix: Highway City/Town Code: New River State/Province: AZ Zip Code: 85087 County Code: Maricopa Assessor Number: 202-02-002-C Subdivision: TABLE MESA RANCH Tax Year: 2020

General Property Description

Apx Total Acres: 154 Apx Total Acres G/N: G Price Per Acre: 21103.9 # Lots in Listing: 3 # Units Allowed: 130 Apx SqFt: 6708240 Price Per SqFt: 0.48 Apx SqFt G/N: G Lot Size Dimensions: 2650' x 2650' Flood Zone: Yes Horses: Y Street Frontage: 2650 Elementary School District: Deer Valley Unified District High School District: Deer Valley Unified District Elementary School: New River Elementary School Jr. High School: Canyon Springs STEM Academy High School: Boulder Creek High School Zoning: R43

Legal Info

Range: 2E Section: 27 SW 1/4 Township: 8N Lot Number: B,C,D

Special Listing Cond

N/A: 1

Pmt & Rate Info

Equity: 3250000 Down Payment %: 20 Seller May Carry - Amount: 2600000 Seller Carry - Interest Rate: 6 Seller Carry - Term: 530 Total Owed: 0

Assoc/Prop Info

HOA Y/N: N PAD Fee Y/N: N Assessed Balance: 0 HOA 2 Y/N: N

Lockbox Type

None: 1

Existing Land Use

Residential Lot: 1 Farm: 1 Ranch: 1

Zoned Presently

Single Family: 1 Agricultural: 1 Rural: 1 Ranch: 1

Potential Use

Single Family: 1 Commercial: 1 Industrial: 1 Agricultural: 1 Mobile/Mgf Hme/RV's: 1 Hotel/Motel: 1 Ranch: 1 Recreational: 1 Rural: 1

Parcel Size

120.00 - 299.99 Acre: 1

Current Density

00 - 01 Units P/Acre: 1

Proposed Density

02 - 05 Units P/Acre: 1

Development Status

Raw Land: 1 Plans Available: 1

Land Features

Adjacent to Wash: 1 Borders Preserve/Public Land: 1

View

Mountain(s): 1

Elevation

1,001 - 2,000 Ft: 1

Elevation Source

USGS: 1

Vegetation

Natural Vegetation: 1 High Desert: 1 Treed: 1 Chaparral Scrub: 1

Land Configuration

Square Rectangular: 1 Irregular Shape: 1 Section Line: 1

Road Access Type

Dedicated Street: 1

Road Surface Type

Gravel: 1 Dirt: 1 Treated: 1 Asphalt: 1

Road Responsibility

County Maintained Road: 1

Water Source

None: 1

Freeway/Highway

Frontage: 1

Sewer

No Sewer/Septic: 1

Electric

APS: 1

Topography

Gentle Sloping: 1 Steep Sloping: 1 Hillside: 1 Rolling: 1 Existing Wash(s): 1

Gas

High Pressure: 1

Existing Structures

None: 1

Distance to Cable

Under 350 Feet: 1

New Financing

Cash: 1 Seller Approve Terms: 1 Owner May Carry: 1

Distance to Phone

Under 350 Feet: 1

Distance to Water

Call Listing Office: 1

Distance to Electric

On Property: 1

Distance to Gas

Under 350 Feet: 1

Distance to Sewer

None: 1

Reports/Disclosures

Seller Prop Disc Stm: 1 ALTA Survey Alba: 1

Environmental

None: 1

Sold Info

Loan Type: Carryback Loan Years: 5 Closing Cost Split: Normal - N Payment Type: Balloon Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

Remarks Misc

Cross Street: I-17 & TABLE MESA EXIT 136 Directions: I-17 & TABLE MESA RD EXIT 136, ON THE FRONTAGE ROAD GO A 1.75 MILE, TURN RIGHT ON (9999) RD THEN GO 3/4 MILES, TURN RIGHT (9999) RD GO 3/4 MILE TURN, TURN LEFT GO SIGN Geo Lat: 34.002998 Geo Lon: -112.146419

Status Change Info

Off Market Date: 2023-04-29 Under Contract Date: 2022-04-01 Close of Escrow Date: 2023-08-01 Sold Price: $2,750,000

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot; Farm; Ranch Zoned Presently: Single Family; Agricultural; Rural; Ranch Potential Use: Single Family; Commercial; Industrial; Agricultural; Mobile/Mgf Hme/RV's; Hotel/Motel; Ranch; Recreational; Rural Parcel Size: 120.00 - 299.99 Acre Current Density: 00 - 01 Units P/Acre Proposed Density: 02 - 05 Units P/Acre Development Status: Raw Land; Plans Available Land Features: Adjacent to Wash; Borders Preserve/Public Land View: Mountain(s) Elevation: 1,001 - 2,000 Ft Elevation Source: USGS Vegetation: Natural Vegetation; High Desert; Treed; Chaparral Scrub Land Configuration: Square Rectangular; Irregular Shape; Section Line Road Access Type: Dedicated Street Road Surface Type: Gravel; Dirt; Treated; Asphalt Road Responsibility: County Maintained Road Topography: Gentle Sloping; Steep Sloping; Hillside; Rolling; Existing Wash(s) Existing Structures: None Water Source: None Sewer: No Sewer/Septic Electric: APS Gas: High Pressure Distance to Cable: Under 350 Feet Distance to Phone: Under 350 Feet Distance to Water: Call Listing Office Distance to Electric: On Property Distance to Gas: Under 350 Feet Distance to Sewer: None New Financing: Cash; Seller Approve Terms; Owner May Carry Environmental: None Lockbox Type: None

Documents

Listing Office: RE/MAX Fine Properties
IDX
Last Updated: August - 01 - 2025
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