Views - Fixer Upper - Golf Course
Address
5507 N Palo Cristi Road, Paradise Valley, AZ
Price
$ 5,850,000
Property Attributes
  • MLS#6970775
  • TypeSingle Family
  • Listing Status Active
  • CountyMARICOPA
  • CityParadise Valley
  • AreaSanta Fe Style Pueblo
  • NeighborhoodOLD ADOBE 2
  • Zip85253
  • StylePueblo,,Spanish,Territorial/Santa Fe
  • Year Built2002
  • Taxes$ 24431
  • Price$ 5,850,000
  • Bedrooms4
  • Full Bathrooms5
  • Half Bathrooms1
  • Sqr Footage5544
  • Lot Size2.04 Acres
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

Rare 2-AC Paradise Valley estate W/Camelback Mountain views located in highly desirable luxury corridor surrounded by newer multi-million dollar homes. Unique opportunity combines land, location, lifestyle & potential. Property includes 2 homes!, casita, shop, authentic Arizona architecture, quality construction; ideal for renovation, expansion or reimagination. Detached multi-car garage shop offers additional value for car collectors, hobbyists or flex use. Flat usable parcel w/ outstanding Camelback view provides excellent foundation for a custom estate or long term investment in lifestyle. Ideal location near Hermosa Inn, PCDS. Close to dining/resorts/golf and shopping. Exceptional combination of location, land size, privacy and views! PV buyers demand large estate lots; this is it! Paradise Valley Heritage Luxury - 2 Acre Estate Lot Opportunities of this scale and character in Paradise Valley are rare. Set on a full 2 acre parcel with Camelback Mountain views, this property offers a unique balance of land, location, lifestyle and potential. Nestled among newly constructed multi-million dollar estates, the setting reflects a clear transition toward high-value custom homes while preserving the privacy and space that define Paradise Valley living. The premier estate includes two residences and a separate casita, each reflecting authentic Arizona heritage architecture and quality construction that lends itself well to renovation, expansion, or reimagination. Superior materials and craftsmanship provide a strong foundation for those seeking to enhance rather than replace, while a substantial detached multi car garage and workshop building adds a rare amenity for car collectors, hobbyists, or flexible use during redevelopment. Located by Hermosa Inn and near Phoenix Country Day School, this residence offers both historic significance and enduring appeal. Whether enjoyed as a multi-generational hacienda, envisioned as a cultured renovation, or reimagined as a new custom estate, this is a rare opportunity to create something enduring in Paradise Valley. Features 2 acre estate parcel in Paradise Valley Camelback Mountain views Two homes plus casita Authentic Arizona heritage architecture Quality construction suitable for renovation Flat usable land with strong view corridor Located in a premier luxury redevelopment area Surrounded by new multi-million dollar estates Detached multi-car garage and workshop building Ideal for car collectors or hobbyists Near Phoenix Country Day School Near Hermosa Inn and resort corridor

Elementary School Middle School High School
Biltmore Preparatory Academy Elementary School Biltmore Preparatory Academy Middle School Camelback High School
Price History
1/19/2026 Listed $6,895,000
2/25/2026 6$6,495,000
4/26/2026 10$5,850,000

General Features

Sewer Public Sewer
Heating Radiant,Other,See Remarks,Electric,Natural Gas
Cooling Central Air,Ceiling Fan(s),Other,See Remarks
Utilities SRP
Possession By Agreement
Roof Foam
Garage Spaces 8.0
Association Fee Includes No Fees
Architectural Style Pueblo,See Remarks,Spanish,Territorial/Santa Fe
Pool Features Outdoor,Play Pool
Security Features Security System Owned
Construction Materials Stucco,Other,See Remarks,Painted,Block,ICFs (Insulated Concrete Forms)
Year Built 2002
View Mountain(s)
Township 2N
Property Subtype Single Family Residence
Tax Year 2024
Ownership Fee Simple
Accessibility Bath Grab Bars
County Maricopa
New Construction No
Property Type Residential
HOA No
Attached Garage No
Subdivision Name OLD ADOBE 2
Other Structures Guest House
Special Listing Conditions N/A
Status Active
Directions Lincoln to Palo Cristi,south to property.
High School Camelback High School
City Paradise Valley
Disclosures Agency Discl Req,Seller Discl Avail
High School District Phoenix Union High School District
Open Parking Spaces 1.0
Lot Size Units Square Feet
Lot Size Square Feet 88869.0
Carport Spaces 0.0
Carport Y/N No
Spa Features None
Elementary School Biltmore Preparatory Academy
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 24431.0
Home Warranty Y/N No
Middle/Junior High School Biltmore Preparatory Academy
Property Condition Fixer
Lease Renewal Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Builder Name Dan McBeth
Standard Status Active
Occupancy Type Owner
Elementary School District Creighton Elementary District
Tax Lot 1
MobileHomeRemainsYN No
New Financing: Conventional True
Senior Community No
Ttl Monthly Fee Equiv 0.0
New Financing Cash True

Interior Features

Interior Amenities Walk-in Pantry,Non-laminate Counter,High Speed Internet,See Remarks,Eat-in Kitchen,Breakfast Bar,9+ Flat Ceilings,Kitchen Island,Pantry,3/4 Bath Master Bdrm,Full Bth Master Bdrm,Separate Shwr & Tub,T
Flooring Tile
Fireplace Features Other,See Remarks,Family Room,Living Room,Master Bedroom,Gas
Total Stories 1
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Skylight(s),Dual Pane
Fireplace Y/N Yes
Laundry Features Inside,Other,See Remarks,Wshr/Dry HookUp Only
Total Bedrooms 4
LivingAreaSource Owner
Total Baths 6
Bedrooms Possible 6
Other_sp_Rooms_co_Great_sp_Room True
Other_sp_Rooms_co_Guest_sp_Qtrs_hyphen_Sep_sp_Entrn True
Other_sp_Rooms_co_Library_hyphen_Blt_hyphen_in_sp_Bkcse True
Built-in Microwave True
Kitchen Island True
Non-laminate Counter True
Pantry True
Walk-in Pantry True

Exterior Features

Model Santa Fe
Exterior Amenities Other,Balcony,Private Yard,Storage
Fencing See Remarks,Other,Block
Parking Features Attached Garage,Detached Garage,RV Gated,Garage Door Opener,Direct Access,Circular Driveway,Attch'd Gar Cabinets,Over Height Garage,Rear Vehicle Entry,RV Garage
Lot Features Corner Lot,Desert Back,Desert Front
Water Source Public
Lot Size Area 88869.0
Spa No
Lot Size Acres 2.04
Road Surface Type Asphalt
Lot Size Source Assessor
Waterfront Y/N No
Covered Spaces 8.0
Crops Included Y/N No
Road Responsibility City Maintained Road
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 85253

Price
AVG $7.87M
$5.85M
Taxes
AVG $11,477
$24,431
Year Built
AVG 2001
2002
Visits
AVG 223
495
Data Provided by Inside Real Estate®

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