
Land with Home for Sale in Paradise Valley, Arizona
5507 N Palo Cristi Rd, Paradise Valley, AZ 85253
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
Location
- Street address
- 5507 N Palo Cristi Rd
- County
- Maricopa County
- Zip code
- 85253
- Community
- Old Adobe 2
- School district
- Creighton Elementary District
- Elevation
- 1,263 feet
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
LOT 1 OLD ADOBE 2 MCR 048714
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
| Category | Type | Status |
|---|---|---|
| Gas | Natural Gas | Connected |
Nearby schools
| Name | Type | District |
|---|---|---|
| Biltmore Preparatory Academy | Elementary | Creighton Elementary District |
| Biltmore Preparatory Academy | Middle | Phoenix Union High School District |
| Camelback High School | High | Phoenix Union High School District |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Apr 26, 2026 | Price drop | $5,850,000 | $645,000 -9.9% | ARMLS |
| Feb 25, 2026 | Price drop | $6,495,000 | $400,000 -5.8% | ARMLS |
| Jan 19, 2026 | New listing | $6,895,000 | — | ARMLS |








































