Well-located on the southwest corner of Pima Road and Bronco Trail, the soon-to-be 16 residential lots sold for $2,850,000, or approximately $150,000 per acre. The land parcel totaled 19 acres and sold subject to zoning and plat recordation. The property is located near the affluent communities of Troon North, Estancia, Grayhawk, and Pinnacle Peak Estates.
Larry Kush, Senior Vice President of ORION Investment Real Estate, exclusively represented the Seller, Medley LLC. Kush said, “It is getting harder all of the time to find quality parcels in this area of North Scottsdale; Camelot did a terrific job of processing the zoning through the city.”
The Buyers, Mark and Julie Hancock of Camelot Homes, were self-represented. A locally-owned, award-winning home builder, Camelot Homes is one of Arizona’s most prestigious family-owned homebuilders. With 50+ years’ experience building thousands of homes in Arizona’s finest communities, Camelot Homes has established an unparalleled tradition of home building pride and excellence.