5516 N 24th Street -, Phoenix, AZ 85016

$2,400,000
Property Type: Land Lot Size (sq. ft.): 34,989 Status: Active
Current Price: $2,400,000 List Date: 10/17/2025 Last Modified: 3/18/2026

Overview

Description

Exceptional Biltmore Opportunity - One of the last remaining chances to build your dream estate at the gateway to the world-renowned Biltmore. This extraordinary 34,989 sq ft parcel is perfectly positioned in one of Phoenix's most prestigious and sought-after locations. Just steps from the vibrant Biltmore Fashion Park, enjoy fine dining, upscale shopping, and elite fitness clubs at your doorstep. With quick access to Sky Harbor Airport, downtown Phoenix, and premier golf courses, this homesite places you at the center of it all. Offering a remarkable canvas for a modern retreat or timeless luxury residence, this property invites you to create a legacy estate where prestige, lifestyle, and opportunity converge.

Listing Details MLS# 6935143

Location, Tax & Legal

House Number
5516
Compass
N
Street Name
24th
St Suffix
Street
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85016
County Code
Maricopa
Assessor Number
164-46-001-D
Subdivision
San Souci
Tax Year
2025
Lot #
-
Assessor's Map #
46
Assessor's Parcel #
1
Assessor Parcel Ltr
D
Add'l Parcels
No
Tax Municipality
Phoenix
Taxes
4940.68
Marketing Name
Biltmore

Contract Information

For Sale or Lease?
Sale
Type
Exclusive Right To Sell

General Property Description

Apx Total Acres
0.8
Apx Total Acres G/N
G
Price Per Acre
3000000
# Lots in Listing
Yes
# Units Allowed
Yes
Apx SqFt
34989
Price Per SqFt
68.59
Apx SqFt G/N
G
Lot Size Dimensions
202 x 175
Horses
N
Street Frontage
175
Zoning
R35
Flood Zone
No
Elementary School District
Madison Elementary District
High School District
Phoenix Union High School District
Elementary School
Madison Rose Lane School
Jr. High School
Madison #1 Elementary School
High School
Camelback High School

Remarks Misc

Cross Street
24th Street & Missouri
Directions
Head South from Lincoln on 24th Street. Property is on West side of 24th Street just before Missouri.

Legal Info

Lot Number
-

Showing Notification Methods

Showing Service
Aligned Showings

More Information

Contact Info

List Agent Home Phn
480-797-8461

Special Listing Cond

N/A
Yes

Pmt & Rate Info

Down Payment
0
Equity
2400000
Total Owed
0

Assoc/Prop Info

HOA Y/N
N
PAD Fee Y/N
N
Assessed Balance
0
HOA 2 Y/N
N

Lockbox Type

See Private Remarks
Yes
None
Yes

Existing Land Use

Residential Lot
Yes

Zoned Presently

Single Family
Yes

Potential Use

Single Family
Yes

Parcel Size

.50 - .99 Acres
Yes

Development Status

Raw Land
Yes

Land Features

East/West Exposure
Yes

Elevation

1,001 - 2,000 Ft
Yes

Elevation Source

Other (See Remarks)
Yes

Vegetation

Natural Vegetation
Yes

Land Configuration

Square Rectangular
Yes

Road Access Type

City Street
Yes

Road Surface Type

Asphalt
Yes

Road Responsibility

City Maintained Road
Yes

Fencing

Block
Yes
Chain Link
Yes
Partial
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Electric

SRP
Yes

Topography

Level
Yes

Gas

SW Gas
Yes

Existing Structures

None
Yes

Irrigation

None
Yes

Distance to Cable

Call Listing Office
Yes

New Financing

Cash
Yes
Conventional
Yes

Distance to Phone

On Property
Yes

Distance to Water

Call Listing Office
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Distance to Electric

On Property
Yes

Existing 1st Loan Type

Not Applicable
Yes

Distance to Gas

Under 350 Feet
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Distance to Sewer

Call Listing Office
Yes

Existing 2nd Loan

Treat as Free&Clear
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Treat as Free&Clear
Yes

Use Restrictions

Deed Restrictions
Yes
C.C. & R's
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

None
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Existing Other Loan

Not Applicable
Yes

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot Zoned Presently: Single Family Potential Use: Single Family Parcel Size: .50 - .99 Acres Development Status: Raw Land Land Features: East/West Exposure Elevation: 1,001 - 2,000 Ft Elevation Source: Other (See Remarks) Vegetation: Natural Vegetation Land Configuration: Square Rectangular Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Topography: Level Existing Structures: None Water Source: City Franchise Irrigation: None Sewer: Sewer - Public Electric: SRP Gas: SW Gas Distance to Cable: Call Listing Office Distance to Phone: On Property Distance to Water: Call Listing Office Distance to Electric: On Property Distance to Gas: Under 350 Feet Distance to Sewer: Call Listing Office Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Other Loan: Not Applicable New Financing: Cash; Conventional Use Restrictions: Deed Restrictions; C.C. & R's Environmental: None Lockbox Type: See Private Remarks; None Fencing: Block; Chain Link; Partial
Listing Office: Realty ONE Group
IDX
Last Updated: March - 18 - 2026
Broker Attribution: 480-797-8461

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.