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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