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Listing provided courtesy of My Home Group Real Estate- MLS# 7043327MLS Provider

7816 S 42ND Way #40Phoenix, AZ 85042

Vacant Land · 0.47 Acres
$230,000 Active

7816 S 42ND Way #40 Overview

Time on Site:
13 days
Visits:
1

Discover the perfect canvas for your dream home in the prestigious, gated community of Legacy Mountain Villas in Phoenix. This exceptional vacant lot offers a rare opportunity to design and build your custom luxury residence amid breathtaking surroundings. Wake up to stunning sunset and sparkling city light views that stretch across the valley. Nestled in this intimate, private enclave, the lot provides an elevated setting with natural beauty, hiking trails, and serene desert landscapes right at your doorstep. Enjoy the exclusivity of a controlled-access gated community while benefiting from convenient access to downtown Phoenix, Sky Harbor Airport, shopping, dining, and major freeways. ''Note: Lot lines sourced from Maricopa County Assessor's Office records. These are for illustrative purpose only and are not substitute for a professional boundary survey.

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7816 S 42ND Way #40 Facts & Features

  • Type Vacant Land
  • Lot 0.47 Acres

Details

General

Association/HOA

  • Association Fee: $125.00
  • Association Fee Frequency: Monthly
  • Association Name: Legacy Mtn. Villas
  • Association: true

Distance to Services

  • Distance To Electric Comments: Call Listing Office
  • Distance To Gas Comments: Call Listing Office
  • Distance To Phone Service Comments: Call Listing Office
  • Distance To Sewer Comments: Call Listing Office
  • Distance To Water Comments: Call Listing Office

School Information

  • School District: Tempe Union High School District
  • Elementary School: Frank Elementary School
  • Middle Or Junior School: Fees College Preparatory Middle School
  • High School: Tempe High School

Location/Region

  • Country: US
  • County Or Parish: Maricopa
  • Postal City: Phoenix
  • Subdivision Name: LEGACY MOUNTAIN VILLAS
  • Township: 1S

Community/Development

  • Development Status: Raw Land

Tax Information

  • Tax Annual Amount: $549.00
  • Tax Year: 2025

General Information

  • Disclosures: Soil Test,Seller Prop Disc Stm,ALTA Survey Alba,Subdivison Rpt Exemp
  • Listing Terms: Cash,1031 Exchange,Conventional
  • Parcel Number: 301-18-065
  • Possible Use: Single Family
  • Property Type: Land
  • Special Listing Conditions: N/A
  • Zoning: R-6

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Electric: SRP

Unit Information

  • Unit Number: 40

Exterior

Lot Information

  • Additional Parcels: false
  • Lot Features: Cul-De-Sac,Gated Community,Border Common Area
  • Lot Size Acres: 0.47
  • Lot Size Area: 0.47
  • Lot Size Dimensions: 33.375665 , -111.991915
  • Lot Size Square Feet: 20657.0
  • Lot Size Units: Acres
  • Road Responsibility: Private Maintained Road
  • Road Surface Type: Asphalt,Curb(s) \u0026 Gutter(s),Sidewalk(s)
  • Topography: Hillside, Gentle Sloping, Level
  • Vegetation: Natural Vegetation
  • Water Source: City Franchise

Waterfront/View

  • View: Mountain(s),City,Desert,Panoramic,City Lights

General Information

  • Fencing: Partial
  • Horse: false
  • Sewer: Public Sewer

7816 S 42ND Way #40 Neighborhood

Community

85042 (PHOENIX) Demographics

32
Median Age
3,284
Population Density (per sq. mile)
32%
College Educated
$66,652
Estimated Median Income
9,260
Estimated Total Home Owners
5,908
Estimated Total Renters
61% / 39%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

7816 S 42ND Way #40 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

7816 S 42ND Way #40 Market Data

Based on the last 30 days in this zip code

$561,521
Average List Price
$286
Average Price per Square Foot
28
Properties Sold
84
Average Days on Market
175
Properties for Sale
Calculations provided by Reliance Network

7816 S 42ND Way #40 History

Date Event Value Agent
6/17/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
June 17, 2026