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
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!
More Information MLS# 6463391
Contract Information
Type: Exclusive Right To Sell For Sale or Lease?: Sale Current Price: $42,000,000 Sold Price: $42,000,000 Status: Closed List Date: 2022-09-14
Location, Tax & Legal
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 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
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 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 Zoning: R-43
Legal Info
Range: 4E Section: 5 Township: 2N Lot Number: -
Special Listing Cond
N/A: 1
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: 1
Lockbox Type
None: 1
Existing Land Use
Residential Acreage: 1
Zoned Presently
Single Family: 1
Potential Use
Single Family: 1
Parcel Size
20.00 - 39.99 Acres: 1
Current Density
00 - 01 Units P/Acre: 1
Proposed Density
00 - 01 Units P/Acre: 1
Development Status
Raw Land: 1
View
City Lights: 1 Mountain(s): 1
Vegetation
Natural Vegetation: 1
Land Configuration
Irregular Shape: 1
Water Source
Other: 1
Sewer
Other: 1
Electric
Other (See Rmks): 1
Topography
Level: 1 Gentle Sloping: 1
Gas
Other (See Rmks): 1
Existing Structures
None: 1
Distance to Cable
Call Listing Office: 1
New Financing
Cash: 1
Distance to Phone
Call Listing Office: 1
Distance to Water
Call Listing Office: 1
Existing 1st Loan
Treat as Free&Clear: 1
Distance to Electric
Call Listing Office: 1
Distance to Gas
Call Listing Office: 1
Distance to Sewer
Call Listing Office: 1
Reports/Disclosures
ALTA Survey Alba: 1
Environmental
None: 1
Contact Info
List Agent Hme Phn 2: 480-998-5673
Sold Info
Loan Type: Cash Closing Cost Split: Normal - N Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $
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 Geo Lat: 33.552086 Geo Lon: -111.967339
Status Change Info
Off Market Date: 2024-03-09 Under Contract Date: 2024-02-03 Close of Escrow Date: 2024-04-19 Sold Price: $42,000,000
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
Last Updated: April - 06 - 2025
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