16410 E El Lago Blvd
Fee-Simple Land | 14.13 acres
Marketing description
Transwestern is pleased to exclusively present the opportunity to acquire the fee-simple interest in a ±14.13-acre parcel located at 16410 E El Lago Boulevard in the fast-growing Fountain Hills submarket of metro Phoenix.
The Property is undeveloped land in a tightly supply-constrained residential submarket, offering a rare opportunity for new housing development in a community where barriers to entry continue to limit future supply. Fountain Hills’ surrounding topography and established development patterns significantly restrict available land, supporting long-term pricing power and value durability for well-executed residential projects.
The site is well positioned for for-sale residential housing or a low-density rental community, aligning with strong market demand for larger homes, privacy, and a suburban lifestyle with proximity to outdoor amenities. Surrounding uses are predominantly established single-family neighborhoods, reinforcing the residential character of the location and supporting attractive absorption and exit pricing.
The Property is currently zoned C-2; however, the Town of Fountain Hills has demonstrated support for land uses more closely aligned with expanding local housing supply. This posture presents a compelling opportunity for a buyer to pursue a rezoning or entitlement strategy that unlocks the site’s highest and best residential use.
Given its scale, location, and scarcity value, the Property represents a highly compelling opportunity for developers and investors seeking exposure to one of the Phoenix metro’s most land-constrained and desirable residential submarkets.
Investment highlights
Located in the heart of Fountain Hills, steps from Fountain Park and the Avenue of the Fountains, the Town’s primary lifestyle and activity corridor. Surrounded by established residential neighborhoods and key civic amenities.
Direct frontage along E El Lago Boulevard with partial visibility from N Fountain Hills Boulevard and E Avenue of the Fountains, providing strong exposure along primary local arterials and convenient access throughout Fountain Hills.
Close proximity to dining, retail, daily-needs services, Fountain Park, and community recreation, supporting strong livability and premium residential appeal.
Water & Sewer: City of Fountain Hills, Electric: Salt River Project (SRP), Telecom / Internet: CenturyLink and Cox
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