37500 N 68th St., Carefree, AZ 85377

FDIC Owned 34 acres Platted for 13 Custom Home Lots situated on the boundary line of Carefree and Cave Creek offering the benefits of Carefree's prestige with Cave Creek's services and development review. There is a conditional Final Plat approved for a Custom Home project called ''Los Piedras Grandes'' stretching up the Northeast face of Black Mountain. The property offers spectacular Panoramic Views including city lights. An alternative option is to split the property into five (5) larger Family Compound Equestrian Estate parcels. Another concept may be to ''cluster the development'' off the face of the mountain for Boutique Lodging or Second Home Condominiums. The property is a ''stone's throw'' away from both Cave Creek and Carefree's commercial core districts.