5500 N DROMEDARY Road Phoenix, AZ $ 24,000,000
5500 N DROMEDARY Road
$ 24,000,000
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5500 N DROMEDARY Road

Phoenix, AZ, 85018
$ 24,000,000
Bedrooms1 Baths2.1 Sq 4,641

Monthly Estimate*

$ 149,729

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Single Family Home for sale in Phoenix, AZ

for $24,000,000 with 1 bedroom and 2 full baths, 1 half bath. This 4,641 square foot home was built in 1950 on a lot size of 23.66.

Iconic Camelback Mountain Estate: A Rare, Once-in-a-Lifetime Buildable Opportunity Perched on the slopes of the iconic Camelback Mountain, this extraordinary 23.66-acre estate represents one of the last and most significant buildable properties on the mountain. Offering more than 180 degrees of sweeping valley views—with Camelback's dramatic cliffs rising behind—the property is known throughout the community as the celebrated ''Merry Christmas House.'' Cherished by the same family for decades, it now awaits its next remarkable chapter. The existing 4,661-square-foot residence, originally built in the 1950s, reflects the timeless influence of Frank Lloyd Wright. Organic architecture, expansive glass walls, stone accents, and a seamless blend of indoor and outdoor living create a tranquil private sanctuary that feels both grounded in the landscape and elevated above the city lights. Beyond its architectural legacy, the property's 23.66 acres offer exceptional potential for future development, including the opportunity to subdivide into up to four parcels. Whether envisioning a family compound, multiple luxury estates, or reimagining the existing residence, the possibilities are unparalleled. Conceptual floorplan and site plan designs by renowned architect Mark Candelaria are also available to inspire your vision. Privately gated and surrounded by natural desert beauty, this estate combines unmatched privacy, panoramic vistas, and rare development flexibilityall just minutes from the heart of the city. Whether preserved, expanded, or completely transformed, this is a truly once-in-a-lifetime chance to own a piece of Arizona history on one of its most iconic mountain peaks.

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Single Family Active

Price

$ 24,000,000

Bedrooms

1

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 17,144

Style

Contemporary

Lot Size

23.66

Year Built

1950

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6950226

Features
Interior
Interior Amenities Granite Counters Double Vanity Upstairs Eat-in Kitchen Kitchen Island Pantry Full Bth Master Bdrm Separate Shwr & Tub Tub with Jets
Flooring Carpet Stone
Fireplace Features Exterior Fireplace Gas
Total Stories 1
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Laundry Features Wshr/Dry HookUp Only
Total Bedrooms 1
Total Baths 3
Bedrooms Possible 1
Kitchen Island True
Pantry True
Walk-in Pantry True
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General
Sewer Septic in & Cnctd Septic Tank
Heating Natural Gas
Cooling Central Air
Utilities SRP
Possession Close Of Escrow
Roof Foam
Garage Spaces 0.0
Association Fee Includes No Fees
Architectural Style Contemporary
Pool Features Diving Pool
Construction Materials Painted Stone Block
Year Built 1950
View Mountain(s)
Township 2N
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
County Maricopa
Property Type Residential
HOA N
Subdivision Name --
Total Rooms 0
Special Listing Conditions N/A
Status Active
Directions From Camelback Rd and Arcadia Drive head W on Camelback. Turn North on Dromedary Rd. Follow the rd up into the mountain until the road narrows. Do not go up drive unaccompanied gated half way up.
High School Arcadia High School
City Phoenix
Disclosures Agency Discl Req Seller Discl Avail
High School District Scottsdale Unified District
Open Parking Spaces 6.0
Lot Size Units Square Feet
Lot Size Square Feet 1030629.0
Carport Spaces 3.0
Carport Y/N N
Spa Features None
Elementary School Hopi Elementary School
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 17144.0
Home Warranty Y/N N
Middle/Junior High School Ingleside Middle School
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Builder Name Unknown
Standard Status Active
Occupancy Type Interim Occupant
Elementary School District Scottsdale Unified District
Tax Lot -
New Financing: Conventional True
Senior Community N
Ttl Monthly Fee Equiv 0.0
New Financing Cash True
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Exterior
Fencing None Wrought Iron
Lot Features North/South Exposure Hillside Lot Borders Preserve/Public Land Desert Back Desert Front Natural Desert Back Grass Back Natural Desert Front Irrigation Back
Water Source City Water
Lot Size Area 1030629.0
Spa N
Lot Size Acres 23.66
Lot Size Source Assessor
Waterfront Y/N N
Covered Spaces 3.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 5500
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* Excluded Features
List By
Retsy

Broker

rebecca@retsy.com

Email

Affordability Calculator

$151,157
Per Month
99%
1%
0%
Monthly Principal & Interest
$149,729
Monthly Property Taxes
$1,429
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4328236 Elementary School
4326983 Middle School
Arcadia High School High School
Pricing History
DatePricePrice ChangeDescription
11/21/2025$24,000,000 Listed Price

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5500 N DROMEDARY Road, Phoenix, AZ, 85018 is a Single Family Home for sale at $24,000,000 with 4,641 sqft and a lot size of 23.66. 5500 N DROMEDARY Road has 1 bedrooms, 2.1 baths, and was built in 1950. The property's zip code is 85018 which is in Phoenix, AZ