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

Phoenix, AZ, 85018
$ 24,000,000
Baths0.0

Monthly Estimate*

$ 149,729

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Studio

Lots and Land for sale in Phoenix, AZ

for $24,000,000. The lot size is 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. 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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Lots and Land Active

Price

$ 24,000,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 17,144

Style

Land

Lot Size

23.66

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6950228

Features
General
Sewer Septic Tank Septic-In & Connectd None
Zoning RE-35
Electric SRP
View City Desert Panoramic City Lights Mountain(s)
Township 2N
Unit Number V
Tax Year 2025
County Maricopa
Property Type Land
HOA N
Possible Use Single Family
Other Structures Residence
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 Seller Prop Disc Stm ALTA Survey Alba
High School District Scottsdale Unified District
Lot Size Units Acres
Lot Size Square Feet 1030629.0
Carport Y/N N
Elementary School Hopi Elementary School
Tax Annual Amount 17144.0
Middle/Junior High School Ingleside Middle School
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Vacant
Elementary School District Scottsdale Unified District
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot V
Senior Community N
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Exterior
Vegetation Natural Vegetation
Fencing None
Lot Features East/West Exposure Guarded Entry North/South Exp Borders Pres/Pub Lnd
Water Source City Franchise
Lot Size Area 23.66
Spa N
Lot Dimensions n/a
Lot Size Acres 23.66
Road Surface Type Asphalt
Waterfront Y/N N
Number of Lots 4
Crops Included Y/N N
Road Responsibility Private Maintained Road
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Baths 0
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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

Map


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5500 N DROMEDARY Road # V, Phoenix, AZ, 85018 is a Lots and Land for sale at $24,000,000 with a lot size of 23.66. 5500 N DROMEDARY Road # V is a studio with 0.0 baths. The property's zip code is 85018 which is in Phoenix, AZ