5238 E PALO VERDE Drive 8, Paradise Valley, AZ 85253 - MLS #7092374

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Description

An extraordinary opportunity to acquire just over an acre on Camelback Mountain-an increasingly rare setting where exceptional land, privacy, and views converge. Surrounded by some of the Valley's most distinguished estates, this property offers a remarkable canvas for the creation of a one of a kind custom residence. Opportunities of this caliber are exceptionally limited. Buildable homesites in Paradise Valley are increasingly scarce, and parcels on Camelback Mountain are rarer still. With it's gentle sloping terrain, the property offers a distinct advantage; It is not subject to hillside development restrictions or approval requirements providing greater flexibility for those looking to design and build on Camelback Mountain. For the discerning buyer seeking a premier homesite

Supplements: in one of Arizona's most coveted enclaves, this property presents the opportunity to create something truly exceptional. More than a homesite, it is a chance to own a remarkable piece of Camelback Mountain.

Property Features
Special Listing Cond: N/A
Existing Land Use: Residential Lot
Zoned Presently: Single Family
Potential Use: Single Family
Parcel Size: 1.00 - 2.49 Acres
Current Density: 00 - 01 Units P/Acre
Proposed Density: 00 - 01 Units P/Acre
Land Features: Corner Lot; North/South Exp
View: Mountain(s)
Vegetation: Natural Vegetation; Other
Land Configuration: Square Rectangular
Road Access Type: City Street
Road Surface Type: Asphalt
Road Responsibility: City Maintained Road
Topography: Level; Gentle Sloping
Existing Structures: Residence
Water Source: Private
Sewer: Septic Tank
Electric: APS
Gas: Natural Gas
Distance to Cable: On Property
Distance to Phone: On Property
Distance to Water: On Property
Distance to Electric: On Property
Distance to Gas: On Property
Distance to Sewer: Under 350 Feet
Existing 1st Loan: Conventional
New Financing: Cash; Conventional
Use Restrictions: C.C. & R's; Other (See Rmks)
Environmental: None
Showing Notification Methods: Text
Lockbox Type: None
Fencing: Block
Contract Information
Current Price: $5,195,000
List Price: $5,195,000
Status: Active
List Date: 2026-10-10
For Sale or Lease?: Sale
Type: Exclusive Right To Sell
House Number: 5238
Compass: E
Street Name: PALO VERDE
St Suffix: Drive
City/Town Code: Paradise Valley
State/Province: AZ
Zip Code: 85253
Zip4: 5127
Country: US
County Code: Maricopa
Assessor Number: 172-47-008
Subdivision: STONE CANYON
Tax Year: 2025
General Property Description
Apx Total Acres: 1.03
Apx Total Acres G/N: G
Price Per Acre: 5043689.32
Apx SqFt: 44712
Price Per SqFt: 116.19
Apx SqFt G/N: G
Lot Size Dimensions: 233.49'x185.70'x163.85'x76.78'x57.99'x89.90'x27'
Horses: N
Zoning: R-43
Flood Zone: No
Elementary School District: Scottsdale Unified District
High School District: Scottsdale Unified District
Elementary School: Kiva Elementary School
Jr. High School: Mohave Middle School
High School: Saguaro High School
Remarks Misc
Cross Street: McDonald & 54th St
Directions: From the 101 go west on McDonald. Take a left onto 54th St and a right onto Palo Verde Dr. The home is on the right.
Geo Lat: 33.52284
Geo Lon: -111.96784
Township: 2N
Range: 4E
Section: 17
Lot Number: 8
Showing Notification Methods
Showing Service: Aligned Showings