Listed by Todd W Fernau · Brokered by Advantage Realty Professionals - Lakeside
$2,850,000
1800 S Penrod Lane, Pinetop, AZ 85935
Pinetop Unsubdivided · Navajo County
What's special
- Horses allowed
Description
Rare development opportunity in the heart of Pinetop-Lakeside! Aspen Meadows offers approximately 45 acres with an approved PUD and the flexibility to purchase all or a portion of the property. The approved plan includes up to 213 residential units, approximately 8 acres of commercial space, and 14 half-acre residential lots. Significant development work is already in place, including approximately $2.5 million in infrastructure, purchased water rights, and an installed sewer trunk line. Surrounded by popular restaurants, shopping, grocery stores, and year-round recreation, this central location is positioned to serve both residents and visitors. Pinetop-Lakeside is celebrated for its cool summers, four-season mountain lifestyle, nearby lakes and trails, and convenient access to Sunrise Park Resort. An exceptional opportunity for residential, commercial, or mixed-use development in one of the White Mountains' most desirable communities. Buyer to verify all approvals, utilities, zoning, and development details.
Listing updated: September 23, 2026
Todd W Fernau todd.fernau@wmadvantage.com, Advantage Realty Professionals - Lakeside
Source: White Mountain Association of REALTORS®, MLS#: 263254
Property details
Exterior
Exterior and Lot Features
- Level
Land Info
- Sloped
- Lot Size Acres: 50.00
- Lot Size Square Feet: 2,178,000
Home Features
- Horse Property: Yes
Community
Neighborhood
- Subdivision: Pinetop Unsubdivided
- MLS Area: Pinetop
Listing
Other Property Info
- Source Listing Status: Active
- County: Navajo
- Directions: Multiple Access points: Hwy 260 Across from Cyclelogical Coffee , Penrod lane, just past the orchard and next to and behind St Marys church.
- Property Subtype: Single Family Residence
- Parcel Number: 311-44-006J
- Postal City: Pinetop
- Listing Date: 9/23/2026
- On Market Date: 9/23/2026
- MLS#: 263254
Features
Utilities
- Sewer: Public Sewer
- Cable Available
- Electricity Available
- Natural Gas Available
- Sewer Available
- Water Available
Contact Us
Contact Us
Ask a question or schedule a showing
Data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of White Mountain Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
© 2026 White Mountain Association of REALTORS®. All rights reserved.
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