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