5240 N 61ST Street 3, Paradise Valley, AZ 85253
$2,999,000
Property Type:
Land
Lot Size (sq. ft.):
72,123
Status:
Active
Current Price:
$2,999,000
List Date:
12/12/2025
Last Modified:
3/30/2026
Overview
Description
A rare opportunity awaits on the north side of Camelback Mountain. This hillside lot spans over an acre and comes with plans ready for permits, offering the perfect canvas for a custom two-story modern estate with amazing views. Located within a gated community of Cholla Heights, which is comprised of only seven homes, each showcasing contemporary architecture, this is the final gated community available on the iconic Camelback Mountain. Just minutes from Scottsdale's premier dining and shopping, the setting is truly unmatched.
As part of this private enclave, the property boasts sweeping mountain and city views. The contemporary design envisions 6,734 sq. ft. of living space with a level entry and soaring 25-foot glass windows that bring the outdoors in.
Supplements: ... (Read more)
Listing Details MLS# 6957237
Location, Tax & Legal
- House Number
- 5240
- Compass
- N
- Street Name
- 61ST
- St Suffix
- Street
- City/Town Code
- Paradise Valley
- State/Province
- AZ
- Zip Code
- 85253
- Zip4
- 6919
- County Code
- Maricopa
- Assessor Number
- 172-12-052
- Subdivision
- CHOLLA HEIGHTS REPLAT
- Tax Year
- 2025
- Lot #
- 3
- Assessor's Map #
- 12
- Legal Description (Abbrev)
- LOT 3 CHOLLA HEIGHTS REPLAT MCR
- Assessor's Parcel #
- 52
- Add'l Parcels
- No
- Tax Municipality
- Phoenix
- Census Tract
- 107900
- Taxes
- 7717
Contract Information
- For Sale or Lease?
- Sale
- Type
- Exclusive Right To Sell
General Property Description
- Apx Total Acres
- 1.66
- Apx Total Acres G/N
- G
- Price Per Acre
- 1806626.51
- # Lots in Listing
- Yes
- Apx SqFt
- 72123
- Price Per SqFt
- 41.58
- Apx SqFt G/N
- G
- Lot Size Dimensions
- IRREGULAR
- Horses
- N
- Zoning
- R-35
- 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
- Chaparral Road and Invergordon Road/64th Street
- Directions
- From Chaparral Road go North on Invergordon Road/64th Street, turn left/west onto Cholla Lane, take left onto 61st Street.
Legal Info
- Township
- 2N
- Range
- 4E
- Section
- 16
- Lot Number
- 3
Showing Notification Methods
- Showing Service
- No Showing Service Used
- Text
- Yes
- Yes
- Phone Call
- Yes
More Information
Special Listing Cond
- FIRPTA may apply
- Yes
Pmt & Rate Info
- Equity
- 2999000
- Total Owed
- 0
Assoc/Prop Info
- HOA Y/N
- Y
- HOA Transfer Fee
- 400
- HOA Fee
- 4743.76
- HOA Paid (Freq)
- Annually
- HOA Name
- Cholla Heights
- HOA Telephone
- 480-540-5479
- PAD Fee Y/N
- N
- Assessed Balance
- 0
- HOA 2 Y/N
- N
Lockbox Type
- None
- Yes
Existing Land Use
- Residential Lot
- Yes
Zoned Presently
- Single Family
- Yes
Potential Use
- Single Family
- Yes
Parcel Size
- 1.00 - 2.49 Acres
- Yes
Proposed Density
- 00 - 01 Units P/Acre
- Yes
Development Status
- Plans Available
- Yes
Land Features
- Gated Community
- Yes
- North/South Exp
- Yes
- Borders Preserve/Public Land
- Yes
View
- City Lights
- Yes
- Mountain(s)
- Yes
Vegetation
- Natural Vegetation
- Yes
Land Configuration
- Irregular Shape
- Yes
Road Surface Type
- Asphalt
- Yes
Road Responsibility
- Private Maintained Road
- Yes
Traffic Count
- Not Available
- Yes
Fencing
- None
- Yes
Water Source
- City Franchise
- Yes
Freeway/Highway
- Over 5.1 Miles
- Yes
Sewer
- Sewer - Public
- Yes
Electric
- SRP
- Yes
- Underground
- Yes
- Individual Meter
- Yes
Topography
- Level
- Yes
- Hillside
- Yes
- Mountainous
- Yes
- Cut
- Yes
Gas
- SW Gas
- Yes
- Underground
- Yes
- Individual Meter
- Yes
Existing Structures
- None
- Yes
Distance to Cable
- On Property
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
Distance to Phone
- On Property
- Yes
Distance to Water
- On Property
- Yes
Existing 1st Loan
- Treat as Free&Clear
- Yes
Distance to Electric
- On Property
- Yes
Distance to Gas
- On Property
- Yes
Existing 1st Loan Terms
- Not Applicable
- Yes
Distance to Sewer
- On Property
- Yes
Existing 2nd Loan
- Treat as Free&Clear
- Yes
Existing 2nd Loan Type
- Not Applicable
- Yes
Existing 3rd Loan
- Treat as Free&Clear
- Yes
Use Restrictions
- C.C. & R's
- Yes
Reports/Disclosures
- Development Pln Aval
- Yes
Existing 3rd Loan Terms
- Not Applicable
- Yes
Environmental
- None
- Yes
Property Features
Special Listing Cond:
FIRPTA may apply
Existing Land Use:
Residential Lot
Zoned Presently:
Single Family
Potential Use:
Single Family
Parcel Size:
1.00 - 2.49 Acres
Proposed Density:
00 - 01 Units P/Acre
Development Status:
Plans Available
Land Features:
Gated Community; North/South Exp; Borders Preserve/Public Land
View:
City Lights; Mountain(s)
Vegetation:
Natural Vegetation
Land Configuration:
Irregular Shape
Road Surface Type:
Asphalt
Road Responsibility:
Private Maintained Road
Traffic Count:
Not Available
Topography:
Level; Hillside; Mountainous; Cut
Existing Structures:
None
Water Source:
City Franchise
Sewer:
Sewer - Public
Electric:
SRP; Underground; Individual Meter
Gas:
SW Gas; Underground; Individual Meter
Distance to Cable:
On Property
Distance to Phone:
On Property
Distance to Water:
On Property
Distance to Electric:
On Property
Distance to Gas:
On Property
Distance to Sewer:
On Property
Existing 1st Loan:
Treat as Free&Clear
Existing 1st Loan Terms:
Not Applicable
Existing 2nd Loan:
Treat as Free&Clear
Existing 2nd Loan Type:
Not Applicable
Existing 3rd Loan:
Treat as Free&Clear
Existing 3rd Loan Terms:
Not Applicable
New Financing:
Cash; Conventional
Use Restrictions:
C.C. & R's
Environmental:
None
Showing Notification Methods:
Text; Email; Phone Call
Lockbox Type:
None
Fencing:
None
Listing Office:
Grigg's Group Powered by The Altman Brothers
Last Updated: March - 30 - 2026
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
