$28,900,000
Pending
New Listing
0 Beds0 Baths24,039 SQFT
Pending

5220 Hwy 95 Parker, AZ 85344

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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!

  • Property TypeCommercial
  • NeighborhoodParker Strip
  • CountyLa Paz
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site0 Days
  • MLS StatusPending
  • MLS ID Number1028219
  • Home Size Source N/A
  • Year Built1950
  • Lot Size45.99 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Acreage 45.99
  • Water Well
  • Cross Street Highway95
  • Zoning B-PAD Planned Area Development

Exterior Features

  • Fencing None
  • Waterfront Property Yes
  • Waterfront Features Water AccessWaterfront
  • Exterior Lake Side of HighwayLakeviewOn Golf CourseRoom for StorageStrip Mall Space
  • Road Frontage Highway

Community Features

  • Township 11N
  • MLS Area Parker Strip Area

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Monthly Payment (Est.)

$145,982
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