$2,540,000
$2,999,000
15.3%For more information regarding the value of a property, please contact us for a free consultation.
5240 N 61ST Street #3 Paradise Valley, AZ 85253
1.66 Acres Lot
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
Read Less
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