0 N 54th Street -, Paradise Valley, AZ 85253 (MLS# 6463391)

0 N 54th Street -, Paradise Valley, AZ 85253

$42,000,000

Property Type: Land Lot Size (sq. ft.): 1,184,271 Status: Closed

Current Price: $42,000,000 List Date: 1/01/2024 Last Modified: 4/06/2025

Overview

Description

The last and largest blue chip flat (non hillside) 27 Acre parcel in one of the most exclusive areas of Paradise Valley AZ, one of the wealthiest zip codes (85253) in the Country. With Paradise Valley homesites limited to 1 acre + larger, and nestled conveniently between Scottsdale + Phoenix, Paradise Valley attracts those in search of privacy + space, yet want to be near golf, hiking, 5 star resorts, fine dining, nightlife, major airports + great medical care. It is very near the exclusive Paradise Valley Country Club and surrounded by scenic Mountains. This property is ideal for a magnificent family compound. However, since it is zoned R-43 (one house per acre) it has the possibility of 21 homesites or a variety of larger 2,3,4,or 5 acre homesites. Conceptual site plans are available.

Supplements: Paradise Valley has no traffic, fabulous weather and many upscale resorts, including the almost completed Ritz Carlton Resort. This privately held residential site, the last of its size and prestigious location has been left in its natural state and owned by the same family for many years!

Listing Details MLS# 6463391

Location, Tax & Legal

Map Code/Grid: N36
Compass: N
Street Name: 54th
St Suffix: Street
City/Town Code: Paradise Valley
State/Province: AZ
Zip Code: 85253
Country: US
County Code: Maricopa
Assessor Number: 169-06-002-B
Tax Year: 2022

Contract Information

For Sale or Lease?: Sale
Type: Exclusive Right To Sell

General Property Description

Apx Total Acres: 27.19
Apx Total Acres G/N: G
Price Per Acre: 2022802.5
Apx SqFt: 1184271
Price Per SqFt: 46.44
Apx SqFt G/N: G
Lot Size Dimensions: Irregular
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: Tatum & Roadrunner or Lincoln & Desert Fairways
Directions: Property fronts Roadrunner, 54th St and Desert Park Lane. 1) From Tatum E on Roadrunner or: 2) From Lincoln N on Desert Fairways, past Paradise Valley Country Club, N on Shadow Mtn to Roadrunner

Status Change Info

Off Market Date: 2024-03-09
Under Contract Date: 2024-02-03
Close of Escrow Date: 2024-04-19

Legal Info

Township: 2N
Range: 4E
Section: 5
Lot Number: -

More Information

Contact Info

List Agent Hme Phn 2: 480-998-5673

Sold Info

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

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Acreage Zoned Presently: Single Family Potential Use: Single Family Parcel Size: 20.00 - 39.99 Acres Current Density: 00 - 01 Units P/Acre Proposed Density: 00 - 01 Units P/Acre Development Status: Raw Land View: City Lights; Mountain(s) Vegetation: Natural Vegetation Land Configuration: Irregular Shape Topography: Level; Gentle Sloping Existing Structures: None Water Source: Other Sewer: Other Electric: Other (See Rmks) Gas: Other (See Rmks) Distance to Cable: Call Listing Office Distance to Phone: Call Listing Office Distance to Water: Call Listing Office Distance to Electric: Call Listing Office Distance to Gas: Call Listing Office Distance to Sewer: Call Listing Office Existing 1st Loan: Treat as Free&Clear New Financing: Cash Environmental: None Showing Notification Methods: Phone Call Lockbox Type: None

Listing Office: Realty ONE Group

Last Updated: April - 06 - 2025

0 N 54th Street -, Paradise Valley, AZ 85253 (MLS# 6463391)