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1800 S Penrod Lane, 
Pinetop, AZ 85935

$2,850,000


—

Bed


—

Bath


-

Sq Ft


50.00

Acres (Lot)


Land

Active

Listed by

Todd W Fernau

Advantage Realty Professionals - Lakeside

Last updated:

October 11, 2026, 03:13 PM

MLS#

263254

Source:

AZ WMAR

About This Land

1800 S Penrod Lane

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.

Land Facts

Description/Design:

Land

Lot Size (Acres)

50.00

MLS #:

263254

Last Updated:

October 11, 2026, 03:13 PM

Added:

19 day(s) ago


Finances & Disclosures

Finances

Price:

$2,850,000

Source:AZ WMAR
Copyright 2026 White Mountain Association of REALTORS. All rights reserved. Last Updated October 11, 2026 Information is provided exclusively for consumers' personal, non-commerical use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this Web site comes in part from the Internet Data Exchange program of the White Mountain Association of REALTORS. Real estate listings held by any other brokerage firm include the name of that firm.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.