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MAJOR PRICE IMPROVEMENT! An extremely rare development opportunity on Scottsdale's most coveted street, Charter Oak. This expansive 2.31-acre parcel offers the unique ability to split the lot, allowing a developer to build two luxury projects simultaneously. Zoning supports the split, with both future homesites having access to all necessary utilities already in place. Surrounded by stunning new construction ranging from $6M-$10M, this property sits in the heart of one of the area's most prestigious enclaves. Whether building spec or custom estates, you have the flexibility to tailor your design, timeline, and margins to maximize profitability in a proven high-end market.
Property Type(s):
Single Family
| Last Updated | 6/4/2026 | Tract | VALLEY RANCHOS |
|---|---|---|---|
| Year Built | 1977 | Community | VALLEY RANCHOS |
| Garage Spaces | 2.0 | County | Maricopa |
SCHOOLS
| Elementary School | Cheyenne Traditional Elementary School |
|---|---|
| Jr. High School | Cheyenne Traditional Elementary School |
| High School | Desert Mountain High School |
Price History
| Prior to Jun 4, '26 | $4,995,000 |
|---|---|
| Jun 4, '26 - Today | $4,700,000 |
Additional Details
| AIR | Ceiling Fan(s), Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Playground |
| APPLIANCES | Dishwasher, Disposal, Electric Cooktop, Microwave, Refrigerator |
| CONSTRUCTION | Block, Stucco |
| EXTERIOR | Private Yard, Storage |
| FIREPLACE | Yes |
| GARAGE | 2 Space(s), Attached Garage, Direct Access, Garage Door Opener, Yes |
| HEAT | Electric |
| INTERIOR | Breakfast Bar, Double Vanity, Eat-in Kitchen, Granite Counters, High Ceilings, High Speed Internet, Pantry, Vaulted Ceiling(s) |
| LOT | 2.31 acre(s) |
| LOT DESCRIPTION | Desert Back, Desert Front |
| PARKING | Garage Door Opener, Direct Access |
| POOL | Yes |
| SEWER | Septic Tank |
| STORIES | 1 |
| STYLE | Ranch, Territorial/Santa Fe |
| SUBDIVISION | VALLEY RANCHOS |
| TAXES | 6784 |
| UTILITIES | Cable Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s) |
| WATER | Public |
Location
Contact us about this Property
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Listed with Compass
The ARMLS logo indicates a property listed by a real estate brokerage other than Trillium Properties LLC.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Data last updated 6/13/26 5:25 AM PDT.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Data last updated 6/13/26 5:25 AM PDT.
This IDX solution is (c) Diverse Solutions 2026.

Voted in the Top 3 Real Estate Agents in Arizona by the readers of Ranking Arizona Magazine, 2015-2025. Her background as an Attorney gives her special expertise with contracts and negotiations. Carmen has a proven track record of success with buyers and sellers in Scottsdale.