8650 Culver StMesa, AZ 85207

This exceptional 5.212-acre parcel in Mesa, Arizona, presents a unique investment opportunity. Located at 8650 E Culver St, in the desirable Maricopa County, zip code 85207, this property is zoned RS-35 (Mesa), allowing for the development of a luxury single-family home subdivision. The land is offered fee simple with APN numbers 219-31-001F and 219-31-001Q. The site plan anticipates six large lots, each approximately 35,000 square feet, providing ample space for substantial homes. Situated near the prestigious Las Sendas Golf Club, the property boasts stunning mountain views and benefits from an affluent surrounding neighborhood. The average annual household income in the immediate area exceeds $215,000, indicating strong buyer demand for high-end residential properties. Final plat approval is anticipated in early Q1 2025, making this a timely investment with significant potential for substantial returns. The average new construction home value in the area surpasses $1,000,000, further underscoring the property's high-value location and development potential. This is a rare opportunity to acquire a prime piece of land in a highly sought-after area of Northeast Mesa. The asking price is $1,890,000.