• Description
  • Details
Transwestern is pleased to exclusively present the opportunity to acquire the fee-simple interest in a ±14.13-acre parcel located at 16410 E El Lago Boulevard in the fast-growing Fountain Hills submarket of metro Phoenix.
The Property is undeveloped land in a tightly supply-constrained residential submarket, offering a rare opportunity for new housing development in a community where barriers to entry continue to limit future supply. Fountain Hills’ surrounding topography and established development patterns significantly restrict available land, supporting long-term pricing power and value durability for well-executed residential projects.
The site is well positioned for for-sale residential housing or a low-density rental community, aligning with strong market demand for larger homes, privacy, and a suburban lifestyle with proximity to outdoor amenities. Surrounding uses are predominantly established single-family neighborhoods, reinforcing the residential character of the location and supporting attractive absorption and exit pricing.
The Property is currently zoned C-2; however, the Town of Fountain Hills has demonstrated support for land uses more closely aligned with expanding local housing supply. This posture presents a compelling opportunity for a buyer to pursue a rezoning or entitlement strategy that unlocks the site’s highest and best residential use.
Given its scale, location, and scarcity value, the Property represents a highly compelling opportunity for developers and investors seeking exposure to one of the Phoenix metro’s most land-constrained and desirable residential submarkets.
  • Property Type : Land
  • Land Area (ac) : 14.16
Paul Borgesen

Senior Vice President

Phoenix, Arizona

(602) 296-6377

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Dylan Sproul

Vice President

Phoenix, Arizona

(602) 296-6376

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Royden Hudnall

Senior Associate

Phoenix, Arizona

(602) 296-6384

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Available Space (1)

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16410 E El Lago Blvd Download: Brochure
616,592 Sale 616,592

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