0 N 54th Street -, Paradise Valley, AZ 85253

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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

Overview

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!

Listing Details MLS# 6463391

Location, Tax & Legal

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
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

Contract Information

For Sale or Lease?: Sale
Type: Exclusive Right To Sell

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
Zoning: R-43
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

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

Status Change Info

Off Market Date: 2024-03-09
Under Contract Date: 2024-02-03
Close of Escrow Date: 2024-04-19

Legal Info

Township: 2N
Range: 4E
Section: 5
Lot Number: -

More Information

Contact Info

List Agent Hme Phn 2: 480-998-5673

Sold Info

Loan Type: Cash
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Buyer Concession to Seller: 0
Seller Concession to Buyer: 0

Special Listing Cond

N/A: Yes

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: Yes

Lockbox Type

None: Yes

Existing Land Use

Residential Acreage: Yes

Zoned Presently

Single Family: Yes

Potential Use

Single Family: Yes

Parcel Size

20.00 - 39.99 Acres: Yes

Current Density

00 - 01 Units P/Acre: Yes

Proposed Density

00 - 01 Units P/Acre: Yes

Development Status

Raw Land: Yes

View

City Lights: Yes
Mountain(s): Yes

Vegetation

Natural Vegetation: Yes

Land Configuration

Irregular Shape: Yes

Water Source

Other: Yes

Sewer

Other: Yes

Electric

Other (See Rmks): Yes

Topography

Level: Yes
Gentle Sloping: Yes

Gas

Other (See Rmks): Yes

Existing Structures

None: Yes

Distance to Cable

Call Listing Office: Yes

New Financing

Cash: Yes

Distance to Phone

Call Listing Office: Yes

Distance to Water

Call Listing Office: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Distance to Electric

Call Listing Office: Yes

Distance to Gas

Call Listing Office: Yes

Distance to Sewer

Call Listing Office: Yes

Reports/Disclosures

ALTA Survey Alba: Yes

Environmental

None: Yes

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