Remarks

INVESTOR OPPORTUNITY OF A LIFETIME:
AZ's Finest Real Estate Awaits! Castle Rock Shores, an extraordinary property now available for investors seeking unparalleled potential. Located on 46 deeded acres, this pristine gem showcases a remarkable 2,500' of shoreline along the prestigious Parker Strip. Features include, a marina, 2 launch ramps, 3-par golf course, clubhouse & a river bar/restaurant. The resort encompasses expansive open storage spaces & a thriving RV park.
This hidden oasis is a revenue-generating powerhouse for over 50 years bringing in over $1m annually(operating at 50% potential)
Groundwork has been laid for 2 potential redevelopments with essential infrastructure in place & key permits secured. This would include 40 riverfront lots. Recent sales data reflects the immense value with the last 6 riverfront lots commanding an average price of over $1m per lot. Buyers are actively demolishing existing homes to build on the river front. The new plot allows for 471 sites.
Whether you want to preserve the RV/manufactured home park, build luxury homes, embrace senior living or a 5 star Resort, seize a once-in-a-lifetime opportunity to invest in the crown jewel of AZ!

Details

MLS#: 1028219
Price: $28,900,000

Style: Other
Sq Ft: 24039
Year Built: 1950

County: La Paz
Subdivision: Parker Strip