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Arizona land sales

Ledger

Every state trust land auction since 2016 — what sold, who bought it, and what the trust was paid. The land was granted at statehood; when it sells, the money funds public schools.

Raised for the trust · fiscal 2026record year
$801.5M
38 auctions — sales, commercial leases and rights of way · most of the proceeds fund K-12 schools
auction proceeds per fiscal year since 2017
Latest auction
$45.0M
Dove Valley Phoenix, LLC · 181 acres, Maricopa County · Jun 26, 2026 · $248K/acre
Biggest sale in the ledger
$197.3M
TSMC Arizona Corporation · 903 acres, Maricopa County · Jan 7, 2026
Most contested
428 bids
Desert Ridge 293, LLC won 293 acres for $180.0M · Apr 30, 2026
Sold outright since 2016
46,549 acres
fee sales only — leased trust land stays in the trust
DateCountyTypeAcresWinning bidBuyerBids
Jun 26, 2026MaricopaSale181$45,000,000Dove Valley Phoenix, LLC10
Jun 26, 2026MaricopaSale187$43,000,000Dove Valley Phoenix, LLC15
Jun 25, 2026CochiseLease1,061$6,900,000San Rafael Energy Park, LLC1
Jun 11, 2026CoconinoRight of way1.8$21,456City of Flagstaff1
Jun 3, 2026MaricopaLease1,097$7,250,000Sun Basin Solar, LLC1
Jun 3, 2026MaricopaLease974$12,275,000Sun Basin Solar, LLC1
May 13, 2026MaricopaLease521$54,000,000Nammo Defense Systems Inc.1
Apr 30, 2026MaricopaSale293$180,000,000Desert Ridge 293, LLC428
Apr 29, 2026PimaSale160$993,000Copper World LLC1
Apr 16, 2026PinalRight of way0.24$2,400City of Mesa1

Source: the Arizona State Land Department’s auction results, FY 2017 to present; ledger current as of Jul 1, 2026. Trust land was granted to Arizona at statehood and is managed for 13 beneficiaries, mostly the public schools; auction proceeds enter the permanent fund. Fiscal years run July through June.