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24382 Val Vista Dr
Chandler, AZ 85249
24382 S Val Vista Drive · Land For Sale · 8.97 AC

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INVESTMENT HIGHLIGHTS

  • Chandler has added 2,287 single-family homes since 2020, with just 121 more under construction as of September 2024.
  • The site is surrounded by 22,000 residents within two miles, with an average household income of $164,800 and steady population growth of 1.63%
  • The average home price in chandler is over $647K, which is a 3.7% increase from the previous year
  • RU-43 zoning allows 1 home per acre, permitting up to 9 homes on the property

EXECUTIVE SUMMARY

Transwestern is pleased to exclusively present the opportunity to acquire the fee-simple interest in this ±8.97-acre development site. Currently unincorporated in the county of Maricopa but ideally located in the heart of Chandler, one of Arizona’s most resilient and high-demand housing markets. The property is currently zoned RU-43 and served by SRP power and City of Chandler water and sewer, providing a solid foundation for residential development.
South Chandler has consistently outperformed in terms of price stability, absorption, and buyer demand, positioning this site as a prime opportunity for custom homebuilders. While the property will attract interest from a broad spectrum of users, investors, and developers, market dynamics strongly favor single-family housing as the highest and best use. The site is currently zoned RU-43, which permits one home per acre and allows up to nine single-family residences as it sits today. This low-density zoning provides developers with immediate custom home potential while also offering the opportunity to pursue a rezoning for higher density, creating both near-term flexibility and long-term upside. With limited supply of comparable land and a multifamily pipeline showing signs of saturation, this site offers a low-risk, high-demand environment for residential development.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 8.97 AC
Cross Streets Cloud Road
Zoning RU-43 - RU-43 zoning allows 1 home per acre, permitting up to 9 homes on the property.

1 LOT AVAILABLE

Lot

Lot Size 8.97 AC

DESCRIPTION

A fee-simple ±8.97-acre development site. Currently unincorporated in the county of Maricopa but ideally located in the heart of Chandler, one of Arizona’s most resilient and high-demand housing markets. The property is currently zoned RU-43 and served by SRP power and City of Chandler water and sewer, providing a solid foundation for residential development.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 304-81-003D
  • 304-81-925A
Land Assessment
$194,401 CAD
Improvements Assessment
$0 CAD
Total Assessment
$194,401 CAD
  • Listing ID: 37883937

  • Date on Market: 2025-09-30

  • Last Updated:

  • Address: 24382 Val Vista Dr, Chandler, AZ 85249

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