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5220 Hwy 95

Parker, AZ 85344
  • $28,900,000
  • STATUS: Active
  • ON SITE: 189 Days
  • MLS #: 1028219
$28,900,000
  • 0
    BEDS
  • 45.99
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 24,039
    SQFT
  • $1,202
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1950
County:

School Ratings & Info

Description

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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Lake Havasu Association of REALTORS®.

© 2024 Lake Havasu Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Jennifer Luzzi Group | Keller Williams Arizona Living Realty. Data last updated: 2024-05-26T22:40:46.943.
www.thejenniferluzzigroup.com/homes/145382773
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5220 Hwy 95 Parker, AZ 85344

  • Price: $28,900,000
  • Status: Active
  • On Site: 189 Days
  • MLS #: 1028219
0
Beds
0
Baths
0
½ Baths
45.99
Acres
24,039
SQFT
$1,202
$/SQFT
1950
Built
Neighborhood:
Parker Strip
County:
La Paz
Area:
Parker Strip Area
Property Description
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!
Exterior Features

Fencing None Garage Spaces 0

Property Features

Association YN No Green Information Solar None HOA No Land Lease YN No Listing Terms 1031 ExchangeCashConventionalOwner Will Carry Property Sub Type Other Sewer Alternative Septic Tax Year 2022 Water Source Well

Listing information © 2024 Lake Havasu Association of REALTORS®.
Listing provided by Laynee Sholl of Selman and Associates Parker: 928-855-5555.

Lake Havasu Association of REALTORS®.

© 2024 Lake Havasu Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Jennifer Luzzi Group | Keller Williams Arizona Living Realty. Data last updated: 2024-05-26T22:40:46.943.
 
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The Jennifer Luzzi Group | Keller Williams Arizona Living Realty
135 Park Ave
Lake Havasu City AZ, 86403