Kidder Mathews has brokered the $7,200,000 sale of a 38-acre residential development site located at the southeast corner of 128th Street and Ranch Gate Road in Scottsdale, Arizona. Brokers Brian Rosella and Joseph Calistri represented the buyer, C&W Investments LLC, in the off-market transaction. The seller was Denise Bixler.
The property is one of the last remaining large, developable parcels in the highly sought-after North Scottsdale submarket. Its location and surrounding home values made it a compelling opportunity for luxury single-family development.
“This sale highlights the ongoing ‘flight to quality’ trend we’re seeing among developers and homebuilders across Arizona,” said Rosella. “Large sites in desirable areas are increasingly scarce, and transactions like this underscore continued demand for well-located land positioned for high-end residential use.”
About Kidder Mathews
Kidder Mathews is the largest fully independent commercial real estate firm in the Western U.S., with over 900 professionals in 19 offices across Washington, Oregon, California, Nevada, and Arizona. We offer a complete range of brokerage, appraisal, asset services, consulting, and debt & equity finance services for all property types. Kidder Mathews averages $9 billion in transaction volume, manages more than 53 million square feet of space, and conducts 2,400 appraisal, consulting, and cost segregation assignments annually. For more information, visit kidder.com.
