PROPERTY DESCRIPTION

Property was recently split into 2 lots. Lot 1 contains 191,003 sq. ft. Lot 2 contains 193,090 sq. ft. Lots have been engineered and platted. Cost of each lot is $1,350,000.00 per lot. The lots have mountain & city light views. The cul-de-sac road has not been built nor has the off site utilities been put in however, the City of Scottsdale has approved the design for both and a cash Guaranty of $941,464.00 has been paid by the owner of the property to the City of Scottsdale as a guaranty that the off-sites will be built. Buyer will be required to complete and pay for the construction of the street & Off-sites. Upon completion of the street & off-sites and acceptance by the city of Scottsdale the cash bond will be returned to the owner of the property or to its assigned owner. The Guaranty ( Bond) amount of $941,464 is to be added to the purchase price of the property. If a buyer only wants one of the Lots the owner will complete the street & utilities per plans approved by the city of Scottsdale and share in the cost of construction. Plans for off-site's ,lot description and parcel #'s to be found in the document section of listing. NO HOA's 2023 Property Taxes for Lot 1 $1,289.12 and lot 2 $1,310.00 Parcel # 216-80-471 & Parcel # 216-80-472