5715 N 55TH Place 12, Paradise Valley, AZ 85253

$3,400,000
Property Type: Land Lot Size (sq. ft.): 45,633 Status: Closed
Current Price: $3,400,000 List Date: 10/26/2021 Last Modified: 3/29/2025

Description

A New Year to Remember when you secure this priceless property! Ready for your dream home in 2022! Nothing on the market Compares to this Epic Estate Property located under the shadows of Camelback Mountain. Experience an up close & intimate presence of the Iconic Camelhead and Praying Monk while taking in the sweeping views overlooking Paradise Valley and Mummy Mountain. Located in a private cul-de-sac, this gently sloped property is perfectly suited for a sprawling estate or a chic, cement & glass modern residence with an unparalleled resort-style outdoor living lifestyle. Minutes to Sanctuary Resort and Camelback Golf Club. An extremely rare offering in Paradise Valley. Cheers to your Paradise Valley dream home in the New Year!

Supplements: Make 2022 the year of breaking ground on your dream home in Paradise Valley! Majority of engineering is complete on this property! Bring your plan and get started on permit approval today!

More Information MLS# 6310167

Contract Information

Type: Exclusive Right To Sell For Sale or Lease?: Sale Current Price: $3,400,000 Sold Price: $3,400,000 Status: Closed List Date: 2021-10-16

Location, Tax & Legal

Lot #: 12 Assessor's Map #: 47 Legal Description (Abbrev): LOT 12 STONE CANYON EAST MCR 008134 Assessor's Parcel #: 57 Add'l Parcels: No Tax Municipality: Paradise Valley Census Tract: 105002 Taxes: 5114 Marketing Name: Camelback Mountain Haven Map Code/Grid: N36 House Number: 5715 Compass: N Street Name: 55TH St Suffix: Place City/Town Code: Paradise Valley State/Province: AZ Zip Code: 85253 Zip4: 5111 County Code: Maricopa Assessor Number: 172-47-057 Subdivision: STONE CANYON EAST Tax Year: 2021

General Property Description

Apx Total Acres: 1.05 Apx Total Acres G/N: G Price Per Acre: 3333333.33 Apx SqFt: 45633 Price Per SqFt: 76.7 Apx SqFt G/N: G Lot Size Dimensions: 225 x 200 Horses: N 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 Zoning: R43

Legal Info

Range: 4E Section: 17 Township: 2N Lot Number: 12

Special Listing Cond

N/A: 1

Pmt & Rate Info

Equity: 3500000 Total Owed: 0

Assoc/Prop Info

HOA Y/N: N PAD Fee Y/N: N Assessed Balance: 0 HOA 2 Y/N: N

Showing Notification Methods

Text: 1

Lockbox Type

None: 1

Existing Land Use

Residential Lot: 1

Zoned Presently

Single Family: 1

Potential Use

Single Family: 1

Parcel Size

1.00 - 2.49 Acres: 1

Current Density

00 - 01 Units P/Acre: 1

Proposed Density

00 - 01 Units P/Acre: 1

Development Status

Raw Land: 1

Land Features

Cul-De-Sac: 1 North/South Exp: 1

View

Mountain(s): 1

Elevation

1,001 - 2,000 Ft: 1

Vegetation

Natural Vegetation: 1

Land Configuration

Pad Site: 1

Road Surface Type

Asphalt: 1

Traffic Count

Not Available: 1

Fencing

None: 1

Water Source

Private: 1

Freeway/Highway

Over 5.1 Miles: 1

Sewer

Septic Tank: 1

Electric

APS: 1

Topography

Level: 1 Gentle Sloping: 1 Existing Wash(s): 1

Gas

SW Gas: 1

Existing Structures

None: 1

Distance to Cable

Under 350 Feet: 1

New Financing

Cash: 1

Distance to Phone

Under 350 Feet: 1

Distance to Water

Under 350 Feet: 1

Existing 1st Loan

Treat as Free&Clear: 1

Distance to Electric

On Property: 1

Existing 1st Loan Type

Not Applicable: 1

Distance to Gas

Under 350 Feet: 1

Existing 1st Loan Terms

Not Applicable: 1

Distance to Sewer

Within 1/2 Mile: 1

Existing 2nd Loan

Treat as Free&Clear: 1

Existing 2nd Loan Type

Not Applicable: 1

Existing 2nd Loan Terms

Not Applicable: 1

Existing 3rd Loan

Treat as Free&Clear: 1

Use Restrictions

Hillside Ordinance: 1

Existing 3rd Loan Type

Not Applicable: 1

Reports/Disclosures

None: 1

Existing 3rd Loan Terms

Not Applicable: 1

Environmental

None: 1

Contact Info

List Agent Home Phn: 602-291-7653

Existing Other Loan

Not Applicable: 1

Sold Info

Loan Type: Cash Closing Cost Split: Normal - N Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

Remarks Misc

Cross Street: McDonald & 54th Street Directions: North on 54th Street to Palo Verde Drive; East to 55th Place; North to property in cul-de-sac on left. Park on street and view this rare beauty! Please do not disturb pool fencing. Geo Lat: 33.521254 Geo Lon: -111.962494

Status Change Info

Off Market Date: 2022-01-18 Under Contract Date: 2022-01-14 Close of Escrow Date: 2022-01-24 Sold Price: $3,400,000

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 Development Status: Raw Land Land Features: Cul-De-Sac; North/South Exp View: Mountain(s) Elevation: 1,001 - 2,000 Ft Vegetation: Natural Vegetation Land Configuration: Pad Site Road Surface Type: Asphalt Traffic Count: Not Available Topography: Level; Gentle Sloping; Existing Wash(s) Existing Structures: None Water Source: Private Sewer: Septic Tank Electric: APS Gas: SW Gas Distance to Cable: Under 350 Feet Distance to Phone: Under 350 Feet Distance to Water: Under 350 Feet Distance to Electric: On Property Distance to Gas: Under 350 Feet Distance to Sewer: Within 1/2 Mile Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Other Loan: Not Applicable New Financing: Cash Use Restrictions: Hillside Ordinance Environmental: None Showing Notification Methods: Text Lockbox Type: None Fencing: None
Listing Office: Russ Lyon Sotheby's International Realty
IDX
Last Updated: March - 29 - 2025
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