ABOUT THE LOT:
Gorgeous lot located on 310 Camino Magnifico in the city of Rio Rico.
This would be a great lot to either build for yourself or for investment. Lot size is 3 acre . This is a buildable lot according to the planning department as far as size, however no perk testing has been done on the lot. There are street signs up making it extremely easy to locate. The lot sits off of two paved roads Camino Magnifico and Camino Panama, easy access. Amazing views of the Valley . This area is increasing in value every year !!
Parcel #132-04-167 UNIT 18 RIO RICO RANCHETTES LOT 2 BLK 534
UTILITIES:
YES ! Power, Phone and Water lines run down both sides of the street. We've been told from one source that all the lots in Rio Rico get city water and power brought to the lot line (FOR FREE!) within 180 days of a building permit being applied for, and from another source that they will run water for free for up to 1200 ft for free. This lot has several new homes across the street and one just below.
AREA:
Rio Rico ("rich river") is a planned community located in Santa Cruz County, 57 miles south of Tucson and 12 miles north of Mexico.
Airport: The residents of Rio Rico have access to the Nogales International Airport (12 miles south) or Tucson International Airport which is just 50 minutes to the North.
Golfing: Rio Rico Resort and Country Club is just off of Rio Rico Rd, as well as several other reknown beautiful golf courses.
Lake: Pena Blanca and Patagonia are each about ½ hour drive away where you can enjoy fishing and boating practically year round
Ocean: Rocky Point is considered “Arizona’s closest beach resort.” Located on the northern shore of the Sea of Cortez, Rocky Point is a great alternative to enjoy lovely beaches and the always friendly Mexican hospitality. Rocky Point is considered in the border region or “free zone.
REAL ESTATE:
Rio Rico is starting to grow at a pace of about 13% per year. 45 building permits were issued in each of the months of May through December of 2003. About 320 new homes were built in Rio Rico in the year 2002. If you are thinking of retiring to this area, now is the time to purchase a lot to build on before prices start to sky-rocket out of sight. If you are looking for investment properties in a newly fast growing area, this is the place to buy.
Opportunity is knocking, take advantage of it now!
TAXES:
Taxes run about $100.00 a year .
Current years taxes will be the responsibility of the buyer.
This lot is just too spectacular to pass up !!