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Land with Home for Sale in Paradise Valley, Arizona

5507 N Palo Cristi Rd, Paradise Valley, AZ 85253

$5,850,000
2 acres
Active sale
$645k drop
Est $30,095/mo

Rare 2-AC Paradise Valley estate W/Camelback Mountain views located in highly desirable luxury corridor surrounded by newer multi-million dollar homes. Unique opportunity combines land, location, lifestyle & potential. Property includes 2 homes!, casita, shop, authentic Arizona architecture, quality construction; ideal for renovation, expansion or reimagination. Detached multi-car garage shop offers additional value for car collectors, hobbyists or flex use. Flat usable parcel w/ outstanding Camelback view provides excellent foundation for a custom estate or long term investment in lifestyle. Ideal location near Hermosa Inn, PCDS. Close to dining/resorts/golf and shopping. Exceptional combination of location, land size, privacy and views! PV buyers demand large estate lots; this is it! Paradise Valley Heritage Luxury - 2 Acre Estate Lot Opportunities of this scale and character in Paradise Valley are rare. Set on a full 2 acre parcel with Camelback Mountain views, this property offers a unique balance of land, location, lifestyle and potential. Nestled among newly constructed multi-million dollar estates, the setting reflects a clear transition toward high-value custom homes while preserving the privacy and space that define Paradise Valley living. The premier estate includes two residences and a separate casita, each reflecting authentic Arizona heritage architecture and quality construction that lends itself well to renovation, expansion, or reimagination. Superior materials and craftsmanship provide a strong foundation for those seeking to enhance rather than replace, while a substantial detached multi car garage and workshop building adds a rare amenity for car collectors, hobbyists, or flexible use during redevelopment. Located by Hermosa Inn and near Phoenix Country Day School, this residence offers both historic significance and enduring appeal. Whether enjoyed as a multi-generational hacienda, envisioned as a cultured renovation, or reimagined as a new custom estate, this is a rare opportunity to create something enduring in Paradise Valley. Features 2 acre estate parcel in Paradise Valley Camelback Mountain views Two homes plus casita Authentic Arizona heritage architecture Quality construction suitable for renovation Flat usable land with strong view corridor Located in a premier luxury redevelopment area Surrounded by new multi-million dollar estates Detached multi-car garage and workshop building Ideal for car collectors or hobbyists Near Phoenix Country Day School Near Hermosa Inn and resort corridor

5,544
Sq feet
4
Beds
5
Full baths
1
1/2 bath
2002
Built

Location

Street address
5507 N Palo Cristi Rd
Zip code
85253
Community
Old Adobe 2
School district
Creighton Elementary District
Elevation
1,263 feet
Coordinates
33.5178, -112.0034

Directions

Lincoln to Palo Cristi, south to property.

Property details

Acreage
2.04 acres
MLS #
ARMLS 6970775
Posted

Property taxes

2024
$24,431

Parcels

  • 170-07-028

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Franchise
None

Lot

Features
Corner Lot, Desert Back, Desert Front

Exterior

Parking
Attached Garage, Detached Garage, Driveway, Garage, Open, RV
Pool
Patio
Structures
Guest House, Storage
Features
Balcony, Private Yard

Structure

Style
Pueblo, Santa Fe, Spanish
Stories
1
Sewer
Public Sewer
Heating
Electric, Natural Gas, Radiant
Cooling
Ceiling Fan(s), Central Air
Materials
Block, IC Fs (Insulated Concrete Forms), Painted, Stucco
Roof
Foam
Windows
Skylight(s)

Interior

Rooms
Bathroom x 6, Bedroom x 4
Flooring
Tile
Fireplaces
Yes
Appliances
Built-In Electric Oven, Built-In Microwave, Gas Cooktop
Security
Security System
Features
3/4 Bath Master Bedroom, 9+ Flat Ceilings, Breakfast Bar, Eat-In Kitchen, Full Bath Master Bedroom, High Speed Internet, Kitchen Island, Pantry, Separate Shower& Tub, Tub With Jets, Walk-In Pantry

Property utilities

CategoryTypeStatus
GasNatural GasConnected

Nearby schools

NameTypeDistrict
Biltmore Preparatory AcademyElementaryCreighton Elementary District
Biltmore Preparatory AcademyMiddlePhoenix Union High School District
Camelback High SchoolHighPhoenix Union High School District

Listing history

DateEventPriceChangeSource
Apr 26, 2026Price drop$5,850,000$645,000 -9.9%ARMLS
Feb 25, 2026Price drop$6,495,000$400,000 -5.8%ARMLS
Jan 19, 2026New listing$6,895,000ARMLS
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This 2.04-acre property is located at 5507 N Palo Cristi Rd in Paradise Valley, AZ 85253. The property is available for sale for $5,850,000. It has a 5,544 sq ft 4 bedroom, 5 bath house built in 2002.

Listed by AZArchitecture/Jarson & Jarson, (480) 425-9300

Checked 2 hours agoUpdated Source

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