5516 N 24th Street # - Phoenix, AZ ^$ 2,500,000

5516 N 24th Street # -

^$ 2,500,000

Back to search

5516 N 24th Street # -

Phoenix, AZ, 85016

^$ 2,500,000

Studio Baths0.0

Monthly Estimate*

^$ 15,597

5516 N 24th Street # -, Phoenix, AZ 85016 - Image 1

5516 N 24th Street # -, Phoenix, AZ 85016 - Image 2

5516 N 24th Street # -, Phoenix, AZ 85016 - Image 3

5516 N 24th Street # -, Phoenix, AZ 85016 - Image 4

5516 N 24th Street # -, Phoenix, AZ 85016 - Image 5

5516 N 24th Street # -, Phoenix, AZ 85016 - Image 6

5516 N 24th Street # -, Phoenix, AZ 85016 - Image 7

5516 N 24th Street # -, Phoenix, AZ 85016 - Image 8

5516 N 24th Street # -, Phoenix, AZ 85016 - Image 9

Studio

Lots and Land for sale in Phoenix, AZ

for $2,500,000. The lot size is 0.8.

Exceptional Biltmore Opportunity - One of the last remaining chances to build your dream estate at the gateway to the world-renowned Biltmore. This extraordinary 34,989 sq ft parcel is perfectly positioned in one of Phoenix's most prestigious and sought-after locations. Just steps from the vibrant Biltmore Fashion Park, enjoy fine dining, upscale shopping, and elite fitness clubs at your doorstep. With quick access to Sky Harbor Airport, downtown Phoenix, and premier golf courses, this homesite places you at the center of it all. Offering a remarkable canvas for a modern retreat or timeless luxury residence, this property invites you to create a legacy estate where prestige, lifestyle, and opportunity converge.

Lots and Land Active

Price

^$ 2,500,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 4,940

Style

Land

Lot Size

0.8

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6935143

Features

General

Sewer Public Sewer

Development Status Raw Land

Zoning R35

Electric SRP

Topography Level

Unit Number -

Tax Year 2025

County Maricopa

Property Type Land

HOA N

Subdivision Name San Souci

Possible Use Single Family

Other Structures None

Special Listing Conditions N/A

Status Active

Directions Head South from Lincoln on 24th Street. Property is on West side of 24th Street just before Missouri.

High School Camelback High School

City Phoenix

Disclosures None

High School District Phoenix Union High School District

Lot Size Units Acres

Lot Size Square Feet 34989.0

Carport Y/N N

Elementary School Madison Rose Lane School

Tax Annual Amount 4940.68

Middle/Junior High School Madison #1 Elementary 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 Vacant

Elementary School District Madison Elementary District

TaxOtherAnnualAssessmentAmount 0.0

Tax Lot -

New Financing: Conventional True

Senior Community N

Exterior

Vegetation Natural Vegetation

Fencing Block Chain Link Partial

Lot Features East/West Exposure

Water Source City Franchise

Lot Size Area 0.8

Spa N

Lot Dimensions 202 x 175

Lot Size Acres 0.8

Road Surface Type Asphalt

Waterfront Y/N N

Number of Lots 1

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Baths 0

Internal Only

Street Number 1 5516

* Excluded Features

List By

Realty One Group

Broker

jonathan@budwigteam.com

Affordability Calculator

$16,008

Per Month

Monthly Principal & Interest: $15,597
Monthly Property Taxes: $412
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Lots and land listings in Phoenix, AZ

Average List Price ^$903,088

Percent of Sale Price 64%

About Phoenix, AZ

1,596,463 Population

20% Since 2002

^$51,132 Median Income

34.66 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4327033 Elementary School

4897865 Middle School

Camelback High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/17/2025	$2,500,000		Listed Price

Map

More homes like this one

homes for you

See all

5516 N 24th Street # -, Phoenix, AZ, 85016 is a Lots and Land for sale at $2,500,000 with a lot size of 0.8. 5516 N 24th Street # - is a studio with 0.0 baths. The property's zip code is 85016 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/21/2025.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

5516 N 24th Street # -

Lots and Land for sale in Phoenix, AZ

Affordability Calculator

Map

More homes like this one

Get more info about this home