5238 E PALO VERDE Drive # 8 Paradise Valley, AZ $ 5,195,000
5238 E PALO VERDE Drive # 8
$ 5,195,000
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5238 E PALO VERDE Drive # 8

Paradise Valley, AZ, 85253
$ 5,195,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 35,881

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Lots and Land for sale in Paradise Valley, AZ

for $5,195,000. The lot size is 1.03.

An extraordinary opportunity to acquire just over an acre on Camelback Mountain-an increasingly rare setting where exceptional land, privacy, and views converge. Surrounded by some of the Valley's most distinguished estates, this property offers a remarkable canvas for the creation of a one of a kind custom residence. Opportunities of this caliber are exceptionally limited. Buildable homesites in Paradise Valley are increasingly scarce, and parcels on Camelback Mountain are rarer still. With it's gentle sloping terrain, the property offers a distinct advantage; It is not subject to hillside development restrictions or approval requirements providing greater flexibility for those looking to design and build on Camelback Mountain. For the discerning buyer seeking a premier homesite in one of Arizona's most coveted enclaves, this property presents the opportunity to create something truly exceptional. More than a homesite, it is a chance to own a remarkable piece of Camelback Mountain.

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Lots and Land Active

Price

$ 5,195,000

Property Type

Lots and Land

Taxes

$ 7,964

Style

Land

Lot Size

1.03

Town/City

Paradise Valley

County/Region

Maricopa

MLS | Web ID

7092374

Features
General
Sewer Septic Tank
Zoning R-43
Electric APS
View Mountain(s)
Topography Gentle Sloping Level
Township 2N
Unit Number 8
Tax Year 2025
County Maricopa
Property Type Land
HOA N
Subdivision Name STONE CANYON
Possible Use Single Family
Other Structures Residence
Special Listing Conditions N/A
Status Active
Directions From the 101 go west on McDonald. Take a left onto 54th St and a right onto Palo Verde Dr. The home is on the right.
High School Saguaro High School
City Paradise Valley
Disclosures Other (See Rmks)
High School District Scottsdale Unified District
Lot Size Units Acres
Lot Size Square Feet 44712.0
Carport Y/N N
Elementary School Kiva Elementary School
Tax Annual Amount 7964.0
Middle/Junior High School Mohave Middle School
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Elementary School District Scottsdale Unified District
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 8
New Financing: Conventional True
Senior Community N
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Exterior
Vegetation Other Natural Vegetation
Fencing Block
Lot Features Corner Lot North/South Exp
Water Source Private
Lot Size Area 1.03
Spa N
Lot Dimensions 233.49'x185.70'x163.85'x76.78'x57.99'x89.90'x27'
Lot Size Acres 1.03
Road Surface Type Asphalt
Waterfront Y/N N
Crops Included Y/N N
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 5238
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* Excluded Features
List By
Realty One Group

Broker

Susanpostle480@gmail.com

Email

Affordability Calculator

$36,544
Per Month
98%
2%
0%
Monthly Principal & Interest
$35,881
Monthly Property Taxes
$664
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4328163 Elementary School
4327976 Middle School
Saguaro High School High School
Pricing History
DatePricePrice ChangeDescription
10/10/2026$5,195,000 Listed Price

Map


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5238 E PALO VERDE Drive # 8, Paradise Valley, AZ, 85253 is a Lots and Land for sale at $5,195,000 with a lot size of 1.03. 5238 E PALO VERDE Drive # 8 has 0.0 baths. The property's zip code is 85253 which is in Paradise Valley, AZ