5838 E Diamond Bar Road Unit -, Meadview, AZ 86444

$2,900,000

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List Price
$2,900,000
Status
ACTIVE
Days on Market
60
MLS#
7055596
Subtype
Land
Lot Size
8,276,400
Acres
190

Property Description

A rare opportunity to acquire development-scale land at the doorstep of one of the most visited natural attractions on earth -- positioned for an investor or developer, not just a buyer. Grand Canyon West draws millions of visitors annually, yet the surrounding market remains significantly underbuilt relative to that demand. This 190-acre parcel sits just four miles from the entrance, offering a scale of land -- and a level of untapped upside -- that rarely comes to market in this corridor. The site supports multiple revenue-generating models, each backed by an active and growing visitor economy: Hospitality development -- a boutique resort or lodge positioned to capture overnight stays from Grand Canyon West's visitor traffic, a segment currently underserved by nearby accommodati Experiential/glamping destination -- built for the outdoor-experience sector, one of the fastest-growing categories in U.S. travel spend Wellness or destination spa compound -- leveraging the landscape itself as the primary asset, in a category commanding premium nightly rates nationally Private estate or family compound -- for a buyer prioritizing scale, seclusion, and long-term land value over immediate yield. The financing structure is a central part of the opportunity. The seller is offering 10-year terms at 3% interest -- materially below current market lending rates -- which meaningfully lowers the capital barrier to entry and improves projected returns for a qualified buyer or developer pursuing any of the above. Land holdings of this size, this close to a destination of this magnitude, with financing this favorable, do not surface often. This is a acquisition for a buyer thinking in terms of return, not just real estate.

Additional Information

Taxes
$773
Zoning
C2 - RE

Listing courtesy of Russ Lyon Sotheby's International Realty.

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