$28,900,000
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5220 Hwy 95 Parker, AZ
Other
Residence
Beds
Baths
...
Bed/Bath
24,039
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
INVESTOR OPPORTUNITY OF A LIFETIME: AZ's Finest Real Estate Awaits! Castle Rock Shores, an extraordinary property now available for investors seeking unparalleled potential. Located on 46 deeded acres, this pristine gem showcases a remarkable 2,500' of shoreline along the prestigious Parker Strip. ...Features include, a marina, 2 launch ramps, 3-par golf course, clubhouse & a river bar/restaurant. The resort encompasses expansive open storage spaces & a thriving RV park. This hidden oasis is a revenue-generating powerhouse for over 50 years bringing in over $1m annually(operating at 50% potential) Groundwork has been laid for 2 potential redevelopments with essential infrastructure in place & key permits secured. This would include 40 riverfront lots. Recent sales data reflects the immense value with the last 6 riverfront lots commanding an average price of over $1m per lot. Buyers are actively demolishing existing homes to build on the river front. The new plot allows for 471 sites. Whether you want to preserve the RV/manufactured home park, build luxury homes, embrace senior living or a 5 star Resort, seize a once-in-a-lifetime opportunity to invest in the crown jewel of AZ!
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MLS#
1028219
Property Type
Other
Year Built
1950
Square Feet
24,039
sq. ft
Lot Size
46
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