5240 N 61ST Street #3, Paradise Valley, AZ 85253
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5240 N 61ST Street #3, Paradise Valley, AZ 85253
5240 N 61ST Street #3, Paradise Valley, AZ 85253
5240 N 61ST Street #3, Paradise Valley, AZ 85253
5240 N 61ST Street #3, Paradise Valley, AZ 85253

$2,540,000

Est. payment /mo

$2,999,000

15.3%
Est.Price: ?

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5240 N 61ST Street #3 Paradise Valley, AZ 85253

1.66 Acres Lot

SOLD DATE : 05/27/2026

Key Details

Sold Price $2,540,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision Cholla Heights Replat

MLS Listing ID 6957237

Sold Date 05/27/26

HOA Y/N Yes

Annual Tax Amount $7,717

Tax Year 2025

Lot Size 1.656 Acres

Acres 1.66

Lot Dimensions IRREGULAR

Source Arizona Regional Multiple Listing Service (ARMLS)

Property 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. The full set of complete drawings presently features a gym, home office, movie theater, and four-car garage. Outdoors, facing the mountain views to the east is nearly 1,000 sq. ft. of entertainment space, including an infinity pool and spa, perfect for enjoying the incredible views.
A unique feature for a mountain lot is a rare private backyard. This property offers an additional 1,000 sq. ft. of private yard set against a rising mountain slope, providing complete privacy as you relax in the heated spa.
An unparalleled opportunity to create a truly one-of-a-kind home in one of Paradise Valley's most desirable locations.

Location

State AZ

County Maricopa

Community Cholla Heights Replat

Area Maricopa

Zoning R-35

Direction From Chaparral Road go North on Invergordon Road/64th Street, turn left/west onto Cholla Lane, take left onto 61st Street.

Interior

Flooring Flooring

Exterior

Fence None

View Mountain(s), City Lights

Topography Mountainous, Cut, Hillside, Level

Private Pool No

Building

Lot Description Gated Community, North/South Exp, Borders Pres/Pub Lnd

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

Elementary Schools Kiva Elementary School

Middle Schools Mohave Middle School

High Schools Saguaro High School

School District Scottsdale Unified District

Others

HOA Name Cholla Heights

Senior Community No

Tax ID 172-12-052

Acceptable Financing Cash, Conventional

Horse Property N

Disclosures Development Pln Aval

Listing Terms Cash, Conventional

Financing Cash

Special Listing Condition FIRPTA may apply

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Arizona Regional MLS (ARMLS)
Listed by Grigg's Group Powered by The Altman Brothers • Scott Grigg
Bought with Realty Executives Arizona Territory

Nearby Locations

Embarc Realty

Embarc Realty

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