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Land for Sale in Phoenix, Arizona

5500 N Dromedary Rd, Phoenix, AZ 85018

$24,000,000
23.7 acres
Active
ago
Est $165,237/mo

Iconic Camelback Mountain Estate: A Rare, Once-in-a-Lifetime Buildable Opportunity Perched on the slopes of the iconic Camelback Mountain, this extraordinary 23.66-acre estate represents one of the last and most significant buildable properties on the mountain. Offering more than 180 degrees of sweeping valley views-with Camelback's dramatic cliffs rising behind-the property is known throughout the community as the celebrated ''Merry Christmas House.'' Cherished by the same family for decades, it now awaits its next remarkable chapter. Beyond its architectural legacy, the property's 23.66 acres offer exceptional potential for future development, including the opportunity to subdivide into up to four parcels. Whether envisioning a family compound, multiple luxury estates, or reimagining the existing residence, the possibilities are unparalleled. Conceptual floorplan and site plan designs by renowned architect Mark Candelaria are also available to inspire your vision. Privately gated and surrounded by natural desert beauty, this estate combines unmatched privacy, panoramic vistas, and rare development flexibilityall just minutes from the heart of the city. Whether preserved, expanded, or completely transformed, this is a truly once-in-a-lifetime chance to own a piece of Arizona history on one of its most iconic mountain peaks.

Location

Street address
5500 N Dromedary Rd, Unit V
School district
Scottsdale Unified District
Elevation
1,647 feet
Coordinates
33.5124, -111.9689

Directions

From Camelback Rd and Arcadia Drive head W on Camelback. Turn North on Dromedary Rd. Follow the rd up into the mountain until the road narrows. Do not go up drive unaccompanied, gated half way up.

Property details

Acreage
23.66 acres
Zoning
RE-35
MLS #
ARMLS 6950228
Posted

Property taxes

2025
$17,144 - ARCADIA REPLAT MCR 15/49 PT BLOCK V & PT OBRIENS CAMELBACK LANDS EX P/D 10710/1134 & EX P/D 9950/643

Parcels

  • 172-49-047-D

Legal description

Details and features

Listing

Type
Land

Lot

View
City, Desert
Features
Borders Pres/ Pub LND, East/ West Exposure, Guarded Entry, North/ South Exp

Exterior

Structures
Residence

Structure

Sewer
Septic Tank

Nearby schools

NameLevelDistrictDescription
Hopi Elementary SchoolElementaryScottsdale Unified District
Ingleside Middle SchoolMiddleScottsdale Unified District
Arcadia High SchoolHighScottsdale Unified District

Listing history

DateEventPriceChangeSource
Dec 6, 2025New listing$24,000,000ARMLS
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Payment calculator

This 23.66-acre property is located at 5500 N Dromedary Rd Unit V in Phoenix, AZ 85018. The property is available for sale for $24,000,000 with a price per acre of $1,014,370.

Checked 1 hour ago — Updated

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