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
County Code
Maricopa
Assessor Number
169-06-002-B
Tax Year
2022
Lot #
-
Assessor's Map #
6
Legal Description (Abbrev)
PT LOT 2 BEG NW COR LOT 2 TH E 998.7' TH S 60' TH SE 102.88' ALG CURVE TH SE 141.37' ALG CURVE TH S
Assessor's Parcel #
2
Assessor Parcel Ltr
B
Add'l Parcels
No
Tax Municipality
Paradise Valley
Census Tract
105004
Taxes
75806
Marketing Name
PARADISE VALLEY 27 ACRES

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 $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Special Listing Cond

N/A
Yes

Pmt & Rate Info

Equity
55000000
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

Phone Call
Yes

Lockbox Type

None
Yes

Existing Land Use

Residential Acreage
Yes

Zoned Presently

Single Family
Yes

Potential Use

Single Family
Yes

Parcel Size

20.00 - 39.99 Acres
Yes

Current Density

00 - 01 Units P/Acre
Yes

Proposed Density

00 - 01 Units P/Acre
Yes

Development Status

Raw Land
Yes

View

City Lights
Yes
Mountain(s)
Yes

Vegetation

Natural Vegetation
Yes

Land Configuration

Irregular Shape
Yes

Water Source

Other
Yes

Sewer

Other
Yes

Electric

Other (See Rmks)
Yes

Topography

Level
Yes
Gentle Sloping
Yes

Gas

Other (See Rmks)
Yes

Existing Structures

None
Yes

Distance to Cable

Call Listing Office
Yes

New Financing

Cash
Yes

Distance to Phone

Call Listing Office
Yes

Distance to Water

Call Listing Office
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Distance to Electric

Call Listing Office
Yes

Distance to Gas

Call Listing Office
Yes

Distance to Sewer

Call Listing Office
Yes

Reports/Disclosures

ALTA Survey Alba
Yes

Environmental

None
Yes

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
IDX
Last Updated: April - 06 - 2025
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