Listed by Todd W Fernau · Brokered by Advantage Realty Professionals - Lakeside

1 of 12

● For sale

$2,850,000

1800 S Penrod Lane, Pinetop, AZ 85935

Pinetop Unsubdivided · Navajo County

50 acres $57,000 /acre No HOA

49 days on market | 100 views | 7 saves

Land facts

Size: 50 acres
Price per acre: $57,000
Type: Residential lot
Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Sewer: Public Sewer
Road: Paved, City
HOA: No HOA
Horses: Allowed
Parcel: 311-44-006J

From the MLS listing. Ask Teri & Jenny to confirm utilities, water and road access before you buy.

What's special

Electric available
Horses allowed
No HOA

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

Listed by:

Todd W Fernau todd.fernau‌@‌wmadvantage.com, Advantage Realty Professionals - Lakeside

Source: White Mountain Association of REALTORS®, MLS#: 263254

Interested in buying?

Make a strong offer with help from Teri & Jenny.

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

Homeowners Association

Association: No

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: Residential lot
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

Land loan estimate

$20,096/month

Principal and interest $19,146
Property taxes estimated $950

Land price $ Down payment % · $855,000 Loan term Interest rate %

Land loans usually ask for more down, a shorter term and a higher rate than a home loan, so this starts at 30% down over 15 years at about 1.5 points above the average 15-year home rate. Terms vary a lot by lender and lot.

An estimate only, not a loan offer or rate quote. Starting rates are Freddie Mac's weekly national averages (Nov 5, 2026) and aren't an APR. Your rate and costs depend on your credit and lender. Property taxes often change after a sale.

Price history

Date	Event	Price
Sep 22, 2026	Listed for sale Source: WMAR #263254	$2,850,000

Talk to a local expert

Teri Meacham

REALTOR® with West USA Realty · 25+ years in the High Country · 500+ homes sold

See the property in person or ask anything about it
Get what the listing doesn't say: water, septic, road access, HOA rules
See recent sales nearby before you make an offer

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.

All information is deemed reliable but not guaranteed accurate by the White Mountain Association of REALTORS®