5220 Hwy 95 Parker, AZ 85344
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