5611 E ROADRUNNER Lane # 12
Paradise Valley, AZ, 85253 $ 6,250,000
Baths0.0 Monthly Estimate*
$ 43,658
Studio
for $6,250,000. The lot size is 5.15.
Tucked away on the northeastern flank of Mummy Mountain, a remarkable 5-acre lot awaits, offering a unique blend of secluded luxury and awe-inspiring panoramas. This property stands as a rare jewel in the realm of high-end real estate, beckoning discerning buyers with its promise of exclusivity and breathtaking natural beauty. The lot's most striking feature is undoubtedly the 180-degree views it commands of the majestic McDowell Mountains and the storied Red Mountain. Each daybreak and dusk here is a visual symphony, with the skies above painting ever-changing hues that enchant and inspire. Perched on the slopes of Mummy Mountain, the property guarantees these views remain unobstructed, setting the stage for a home that's one with the serene desert sky. Accessibility to this private is via a discreet driveway, ensuring that seclusion and exclusivity are paramount. While it offers a retreat-like ambiance, far from the frenetic pace of city life, the property is conveniently located just minutes away from the heart of Paradise Valley & Scottsdale. Here, tranquility meets accessibility, making it an ideal sanctuary for those who value peace yet appreciate the proximity to urban amenities. The expansive 5-acre spread is a canvas awaiting your vision. It's a rare opportunity to construct a custom home as grand as 40,000 square feet, tailored to your unique tastes and lifestyle. Whether your dream is a sprawling, opulent estate decked with every modern luxury or a more understated abode that complements the surrounding desert, this property can accommodate it. The ample space offers endless possibilities, from a large main residence to large underground garage spaces, a private resort-style pool, and lush outdoor living areas. Beyond a mere residence, this property represents a legacy, an investment in one of Scottsdale's most sought-after locales. Its combination of size, location, and potential marks it as a rare find in the real estate market, poised for significant appreciation in value. The previous home was removed on this lot which means much of your pad preparation has already been completed offering a savings of many thousands and allows your architectural aspirations to face no boundaries. Whether your preference leans towards a sleek, minimalist design that frames the desert vistas or a Mediterranean villa that seamlessly melds into the surrounding terrain, your dream home can become a reality here. Envision hosting elegant gatherings where guests are captivated by the stunning vistas, enjoying outdoor meals beneath the starlit sky, or simply relishing the tranquility of your desert haven. The property's scale and unique location make it ideal for both lavish entertainment and intimate family life. In summary, this 5-acre lot on Mummy Mountain is more than just a parcel of land; it's a gateway to creating a personal sanctuary, a family stronghold, and a home that will stand as a testament to your vision and taste. Its combination of breathtaking views, privacy, and boundless potential offers an unparalleled lifestyle for those seeking the pinnacle of Scottsdale living. This property isn't just a place to live; it's a canvas for dreams, a foundation for memories, and a cornerstone for a legacy that will endure. ALTA Survey completed within the past 2 years available on request
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FeaturesGeneralSewer Public Sewer
Development Status See Remarks
Zoning R-43
Electric APS
Topography {u'Steep Sloping': True u'Hillside': True u'Cut': True u'Mountainous': True u'Gentle Sloping': True}
Township 3N
Unit Number 12
Tax Year 2020
County Maricopa
Property Type Land
HOA / Comm Assn N
Subdivision Name MUMMY MOUNTAIN ESTATES 9-16
Possible Use Single Family
Other Structures None
Special Listing Conditions FIRPTA may apply
Status Active
Directions WEST ON MOCKINGBIRD TO MUMMY MTN RD SOUTH TO ROAD RUNNER LN W TO PROPERTY
High School Chaparral High School
City Paradise Valley
Buyer Agent Compensation 2.00
Disclosures Seller Prop Disc Stm ALTA Survey Alba
View Y/N N
High School District Scottsdale Unified District
Lot Size Square Feet 224206.0
Carport Y/N N
Street Name ROADRUNNER
Elementary School Cherokee Elementary School
Tax Annual Amount 19065.0
Middle/Junior High School Cocopah Middle School
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.tourfactory.com/idxr2896517
Days on Market 1094
Standard Status Active
Occupancy Description Vacant
Elementary School District Scottsdale Unified District
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 12
Buyer Agent Compensation Type %
Senior Community N
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ExteriorVegetation Natural Vegetation Low Desert
Fencing None
Lot Features Cul-De-Sac City Light View(s) Mountain View(s) North/South Exp Border Common Area
Water Source Private Franchise
Lot Size Area 5.15
Spa N
Lot Dimensions IRR
Lot Size Acres 5.15
Road Surface Type Gravel Asphalt
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorStreet Suffix Lane
Electric On Property Y/N N
Total Baths 0
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $43,658
- Monthly Property Taxes
- $1,589
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% 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 NearbyLots and land listings in Paradise Valley, AZ
Average List Price $4,247,998
Percent of Sale Price 32%
About Paradise Valley, AZ 14,151 Population
4% Since 2002
$ 168,670 Median Income
55 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
4327174 Elementary School
4327089 Middle School
Chaparral High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
1/3/2023 | $6,250,000 | -16.67% | Price Down |
4/28/2021 | $7,500,000 | | Listed Price |