Prime 1031 Exchange or Investment Opportunity in the path of growth located in the South Goodyear area. The site is currently located in Maricopa County with low property taxes of $265.92 per year. It is located within the City of Goodyear planning area for medium density residential 2-4DU/AC and adjacent to Goodyear annexed property. Property can be annexed into the City of Goodyear, and Goodyear is a 100-year water provider. There are new Taylor Morrison Homes and Toll Brother Homes within the Estrella Mountain Ranch Master Plan just 3 miles north of the site with water and sewer services. More information about Estrella Mountain Ranch and the surrounding area can be found on their website called Estrella. The conceptual site plan at the end of this package has not been approved. The site plan can be modified to include smaller lots, commercial corners, higher density residential, or a different layout.
Lot/land
$5,760,000
0 S Rainbow Valley Rd, Goodyear, AZ 85338
--beds
--baths
320Acres
Land
Built in ----
320 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 31 days |
- 60 |
- 4 |
Zillow last checked: 8 hours ago
Listing updated: December 17, 2025 at 12:12pm
Listed by:
Jeremy McArthur 602-743-1295,
McArthur Land Company
Source: ARMLS,MLS#: 6958735

Facts & features
Property
Features
- Has view: Yes
- View description: Mountain(s), Desert
- Waterfront features: Wash
Lot
- Size: 320 Acres
- Dimensions: 2,640' x 5,280'
- Topography: Gentle Sloping
- Residential vegetation: Natural Vegetation
Details
- Additional structures: None
- Parcel number: 40062020A
- Zoning: RU-43
Utilities & green energy
- Electric: APS
- Sewer: Other, See Remarks, Septic Tank
- Water: Check Availability
Community & HOA
HOA
- Has HOA: No
Location
- Region: Goodyear
Financial & listing details
- Annual tax amount: $265
- Date on market: 12/17/2025
- Cumulative days on market: 32 days
- Listing terms: Seller Approve Terms
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/17/2025 | Listed for sale | $5,760,000+12026.3% |
Source: | ||
| 4/1/2005 | Sold | $47,500 |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Estimated monthly payment
Boost your down payment with 6% savings match
Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.
Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.Climate risks
Neighborhood: 85338
Nearby schools
GreatSchools rating
- 3/10Rainbow Valley Elementary SchoolGrades: PK-8Distance: 6.7 mi
- 4/10Estrella Foothills High SchoolGrades: 9-12Distance: 6.9 mi
- 2/10Buhsd Institute of Online LearningGrades: 9-12Distance: 15.1 mi
- Loading






