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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 Country: US 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
IDX
Office Phone: 602-953-4000
Office Email: [email protected]
Last Updated: April - 06 - 2025
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