Large Historic Parcel on South Mountain Finally Available for Development

Phoenix, Arizona, March 12, 2015 (Newswire.com) - After nearly one hundred years in family ownership, the Cox Family Trust offers for sale the “Estates at South Mountain,” located in Phoenix, Arizona.  This is the Cox family’s last parcels of estate view homesites on the slope of South Mountain.  When linked with the adjoining 34 acres previously owned by the Coxes, and offered by current owners, one large, more than 80-acre parcel at West Olney Avenue & South 22rd Avenue with spectacular views of permanent open mountain space to the south and the Phoenix skyline to the north.  Current zoning is R1-10, with the 34 acres at one-acre minimum, both with full city services.  The property is in an area of existing high-end custom homes.

The Estates at South Mountain has the best of both worlds:  country quiet and city convenience.  The property has direct access to hiking, equestrian, and cycling trails in South Mountain Park, the world’s largest municipal park.  A historic canal through the property provides hiking, cycling, and horseback riding beside flowing water. Golfers have many courses to choose from in a 10-mile radius. 

It is a short 15-minute commute to the heart of downtown Phoenix, and 25 minutes to Phoenix Sky Harbor Airport.  Sports, arts, and entertainment offerings, including Diamondbacks baseball, Suns basketball, Cardinals football, the Phoenix Art Museum, the Heard Museum, the Phoenix Symphony, and the Orpheum Theater, all within eight miles of the Estates at South Mountain.

Downtown Phoenix is a biotechnology hub centered on the University of Arizona Medical School and Arizona State University’s healthcare degree programs.  Apple will join Intel and TGen as one of metro Phoenix’s major high tech employers, contributing to the region’s ranking as fourth fastest in the US for tech growth.