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8031 N 54TH Street, 24, Paradise Valley, AZ 85253
New Listing
$4,200,000





























Property Type:
Land
Lot Size (sq. ft.):
75,065
Status:
Active
Current Price:
$4,200,000
List Date:
5/08/2025
Last Modified:
5/08/2025
Description
INCREDIBLE OPPORTUNITY -INCOME GENERATING! Currently in use as short term rental. A ''Guest Favorite'' w/4.88 stars! Can offset costs while designing and permitting your new home! An extraordinary 1.72-acre parcel in the heart of Paradise Valley, bordered by the Mtn Preserve and featuring what feels like your own private peak of Mummy Mtn. This unique hillside lot begins w/a generous flat approach, ideal for the primary residence and transitions into dramatic natural topography w/iconic rock outcroppings, all w/sweeping VIEWS of the Phx Mtn Preserve, city lights, and surrounding desert.The long, private driveway leads to a secluded build site nestled into the mtn-side, surrounded by lush, mature colorful desert flora African sumacs, eucalyptus, mesquites, 50ft palm, brilliant bougainvillea
Supplements: With no one above you and the Preserve as your neighbor, this is a wonderful opportunity to build a striking architectural estate in one of PV's most coveted settings.
More Information MLS# 6863206
Contract Information
Current Price: $4,200,000
List Price: $4,200,000
Status: Active
List Date: 2025-05-08
For Sale or Lease?: Sale
Type: Exclusive Right To Sell
Location Tax Legal
House Number: 8031
Compass: N
Street Name: 54TH
St Suffix: Street
City/Town Code: Paradise Valley
State/Province: AZ
Zip Code: 85253
Zip4: 2514
Country: US
County Code: Maricopa
Assessor Number: 168-75-026
Subdivision: VISTA RICA
Tax Year: 2024
General Property Description
Apx Total Acres: 1.72
Apx Total Acres G/N: G
Price Per Acre: 2441860.47
Apx SqFt: 75065
Price Per SqFt: 55.95
Apx SqFt G/N: G
Lot Size Dimensions: 24
Horses: N
Zoning: R-43
Elementary School District: Scottsdale Unified District
High School District: Scottsdale Unified District
Elementary School: Sequoya Elementary School
Jr. High School: Mohave Middle School
High School: Saguaro High School
Remarks Misc
Cross Street: Mockingbird and 54th St
Directions: From Tatum, go East on Mockingbird Ln. Take Mockingbird as it curves North, and then East again. Turn South on 54th St. Street will curve, and property will be at the base of the mountain.
Geo Lat: 33.554885
Geo Lon: -111.965195
Status Change Info
Status Change Date: 2025-05-08
Legal Info
Township: 3N
Range: 4E
Section: 32
Lot Number: 24
Showing Notification Methods
Showing Service: Aligned Showings
Property Features
Special Listing Cond: N/A
Existing Land Use: Residential Lot; Residential Acreage
Zoned Presently: Single Family
Parcel Size: 1.00 - 2.49 Acres
Land Features: Borders Pres/Pub Lnd
View: Desert; Mountain(s)
Road Responsibility: City Maintained Road
Topography: Hillside
Existing Structures: Residence
Water Source: Private
Sewer: Sewer - Public
Electric: SRP; Individual Meter
Gas: None
Distance to Cable: On Property
Distance to Phone: On Property
Distance to Water: On Property
Distance to Electric: On Property
Distance to Gas: None
Distance to Sewer: On Property
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Other Loan: Not Applicable
New Financing: Cash; Conventional
Environmental: None
Lockbox Type: None
Listing Office: Realty ONE Group
Last Updated: May - 08 - 2025

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