0 N 54th Street, -, Paradise Valley, AZ 85253
$42,000,000
Property Type:
Land
Lot Size (sq. ft.):
1,184,271
Status:
Closed
Current Price:
$42,000,000
List Date:
1/01/2024
Last Modified:
4/06/2025
Description
The last and largest blue chip flat (non hillside) 27 Acre parcel in one of the most exclusive areas of Paradise Valley AZ, one of the wealthiest zip codes (85253) in the Country. With Paradise Valley homesites limited to 1 acre + larger, and nestled conveniently between Scottsdale + Phoenix, Paradise Valley attracts those in search of privacy + space, yet want to be near golf, hiking, 5 star resorts, fine dining, nightlife, major airports + great medical care. It is very near the exclusive Paradise Valley Country Club and surrounded by scenic Mountains. This property is ideal for a magnificent family compound. However, since it is zoned R-43 (one house per acre) it has the possibility of 21 homesites or a variety of larger 2,3,4,or 5 acre homesites. Conceptual site plans are available.
Supplements: Paradise Valley has no traffic, fabulous weather and many upscale resorts, including the almost completed Ritz Carlton Resort. This privately held residential site, the last of its size and prestigious location has been left in its natural state and owned by the same family for many years!
More Information MLS# 6463391
Contract Information
Current Price: $42,000,000
Sold Price: $42,000,000
Status: Closed
List Date: 2022-09-14
For Sale or Lease?: Sale
Type: Exclusive Right To Sell
Location Tax Legal
Map Code/Grid: N36
Compass: N
Street Name: 54th
St Suffix: Street
City/Town Code: Paradise Valley
State/Province: AZ
Zip Code: 85253
County Code: Maricopa
Assessor Number: 169-06-002-B
Tax Year: 2022
General Property Description
Apx Total Acres: 27.19
Apx Total Acres G/N: G
Price Per Acre: 2022802.5
Apx SqFt: 1184271
Price Per SqFt: 46.44
Apx SqFt G/N: G
Lot Size Dimensions: Irregular
Zoning: R-43
Flood Zone: No
Elementary School District: Scottsdale Unified District
High School District: Scottsdale Unified District
Elementary School: Kiva Elementary School
Jr. High School: Mohave Middle School
High School: Saguaro High School
Remarks Misc
Cross Street: Tatum & Roadrunner or Lincoln & Desert Fairways
Directions: Property fronts Roadrunner, 54th St and Desert Park Lane.
1) From Tatum E on Roadrunner
or:
2) From Lincoln N on Desert Fairways, past Paradise Valley Country Club, N on Shadow Mtn to Roadrunner
Geo Lat: 33.552086
Geo Lon: -111.967339
Status Change Info
Off Market Date: 2024-03-09
Under Contract Date: 2024-02-03
Close of Escrow Date: 2024-04-19
Sold Price: $42,000,000
Legal Info
Township: 2N
Range: 4E
Section: 5
Lot Number: -
Contact Info
List Agent Hme Phn 2: 480-998-5673
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Special Listing Cond: N/A
Existing Land Use: Residential Acreage
Zoned Presently: Single Family
Potential Use: Single Family
Parcel Size: 20.00 - 39.99 Acres
Current Density: 00 - 01 Units P/Acre
Proposed Density: 00 - 01 Units P/Acre
Development Status: Raw Land
View: City Lights; Mountain(s)
Vegetation: Natural Vegetation
Land Configuration: Irregular Shape
Topography: Level; Gentle Sloping
Existing Structures: None
Water Source: Other
Sewer: Other
Electric: Other (See Rmks)
Gas: Other (See Rmks)
Distance to Cable: Call Listing Office
Distance to Phone: Call Listing Office
Distance to Water: Call Listing Office
Distance to Electric: Call Listing Office
Distance to Gas: Call Listing Office
Distance to Sewer: Call Listing Office
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash
Environmental: None
Showing Notification Methods: Phone Call
Lockbox Type: None
Listing Office: Realty ONE Group
Last Updated: April - 06 - 2025
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