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
8031 N 54TH Street, 24, Paradise Valley, AZ 85253- MLS# 6863206
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