Recently Listed New Construction 2515 E VALLEY VIEW Drive
Phoenix, AZ, 85042 $ 4,000,000
Bedrooms3 Baths3.0 Sq 4,000 Monthly Estimate*
$ 24,629
for $4,000,000 with 3 bedrooms and 3 full baths. This 4,000 square foot home was built in 2026 on a lot size of 1.11.
A rare opportunity to build a true statement home on one of the most dramatic hillside homesites in the Valley. Perched on over an acre, this elevated setting captures unobstructed panoramic views that stretch endlessly, delivering breathtaking sunsets and a nightly display of city lights that feel almost within reach. The combination of elevation, orientation, and surrounding protected land creates a setting that is both visually striking and incredibly private. Ideal canvas for a one-of-a-kind custom residence. This is a to-be-built opportunity with meaningful flexibility. Current architectural plans and concepts are in place, and buyers have the ability to connect directly with the architect/builder to refine, expand, or completely reimagine the design to suit their vision. Whether pursuing a modern hillside showpiece or a warm desert retreat, the homesite supports a wide range of possibilities, with build costs varying based on scope, finishes, and overall design intent. The proposed concept begins with approximately a 5,000 square foot footprint, thoughtfully designed to embrace the landscape and maximize the views. A key advantage of the layout is the ability to enclose extensive covered exterior areas, including the space between the main residence and garages as well as a floating patio, allowing the future owner to significantly expand the livable square footage while maintaining seamless indoor-outdoor flow. The result is a home that lives far beyond its initial footprint, designed for both everyday living and elevated entertaining. Set at the base of South Mountain Preserve and backing directly to the Mormon Trail, the property offers immediate access to over 25 square miles of protected Sonoran Desert. Step outside your front door and you are instantly connected to miles of hiking, mountain biking, and exploration, with the natural terrain becoming an extension of your backyard. With preserve land bordering the homesite on three sides, the sense of permanence, privacy, and view protection is exceptionally rare and highly sought after. Despite the quiet, retreat-like setting, the location remains highly connected. Just minutes from Phoenix Sky Harbor International Airport, Arizona State University, and Downtown Phoenix, this property offers the unique ability to enjoy a serene desert lifestyle without sacrificing convenience to the core of the city. A significant advantage to this offering is that the seller has already advanced the hillside development and permitting process to near completion, effectively removing one of the most time-consuming and complex steps of hillside construction. This positions a buyer to move forward with building in a fraction of the typical timeline, adding both immediate value and long-term appeal. The property is also cross listed as a land-only opportunity, providing flexibility for those who prefer to design and build independently. Architecturally significant renderings from the current architect/builder are available, offering a glimpse into the potential of what can be created on this extraordinary homesite. Opportunities like this are increasingly rare - where elevated views, protected desert surroundings, direct trail access, and central proximity all come together. This is more than a homesite; it is a chance to build a legacy property in one of the most visually compelling and naturally connected settings in Arizona.
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FeaturesInteriorInterior Amenities Full Bth Master Bdrm
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N Y
Laundry Features See Remarks
Total Bedrooms 3
Total Baths 3
Bedrooms Possible 4
None True
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GeneralSewer Septic Tank
Heating Other
Cooling See Remarks
Utilities SRP
Possession Close Of Escrow
Roof Other
Garage Spaces 4.0
Association Fee Includes No Fees
Architectural Style Contemporary
Pool Features Outdoor
Construction Materials Other
Year Built 2026
View City Desert Panoramic City Lights Mountain(s)
Township 1S
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
County Maricopa
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name metes and bounds
Possible Use See Remarks
Total Rooms 1
Special Listing Conditions N/A
Status Active
Directions South on 24th Street to end east on Valley View
High School Tempe High School
City Phoenix
Disclosures Other (See Remarks)
High School District Tempe Union High School District
Open Parking Spaces 3.0
Lot Size Units Square Feet
Lot Size Square Feet 48439.0
Carport Spaces 0.0
Carport Y/N N
Spa Features Private
Elementary School Kyrene Middle School
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 1885.0
Home Warranty Y/N N
Current Financing Other
Middle/Junior High School Kyrene Middle School
Property Condition To Be Built
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Builder Name Koss Design
Standard Status Active
Occupancy Type Vacant
Elementary School District Kyrene Elementary District
Tax Lot -
Senior Community N
Ttl Monthly Fee Equiv 0.0
New Financing Cash True
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ExteriorFencing See Remarks
Parking Features Attached Garage
Lot Features Desert Back Desert Front
Water Source City Water
Lot Size Area 48439.0
Spa Y
Lot Size Acres 1.11
Lot Size Source Assessor
Waterfront Y/N N
Covered Spaces 4.0
Crops Included Y/N N
Horse Y/N Y
Horse Amenities Other
Irrigation Water Rights Y/N N
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* Excluded FeaturesList Byalex@cordovateam.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $24,629
- Monthly Property Taxes
- $157
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbySingle family listings in Phoenix, AZ
Average List Price $770,772
Percent of Sale Price 81%
About Phoenix, AZ 1,596,463 Population
20% Since 2002
$ 51,132 Median Income
34.66 Median Age
32% Households with Children
Trends Information provided by ATTOM Data Solutions.
4327862 Elementary School
4327862 Middle School
Tempe High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/1/2026 | $4,000,000 | | Listed Price |