Exceptional 1.13-acre corner hillside lot in gated Ponticello at Tramonto with panoramic mountain and city-light views, offering a rare opportunity to build a luxury multi-level or walk-out custom home in one of North Phoenix's most desirable enclaves of high-end estates. Major development work is already complete, including excavation, hard dig, and retaining wall, with prior city hillside and building permits previously approved--saving valuable time, cost, and uncertainty. Seller's custom home plans and permits are included. All city utilities are on site: water, sewer, natural gas, and underground electric. Enjoy Tramonto amenities, Boulder Creek schools, nearby shopping, dining, and quick I-17 access. hillside lot offers exceptional design potential with panoramic mountain and city-light views, perfect for a luxury multi-level or walk-out design. Located in a gated enclave of high-end custom homes, builders can deliver a standout finished product in a prestigious community with strong resale demand. *Enjoy access to Tramonto HOA amenities including pools, tennis courts, playgrounds, and walking trails, plus proximity to top-rated Boulder Creek schools, shopping, dining, and I-17 access. *All the groundwork is done - start building right away and bring your next showcase home to life.
Lot/land
Price cut: $50K (9/12)
$450,000
2516 W PRAIANO Way #-, Phoenix, AZ 85086
--beds
--baths
1.13Acres
Land
Built in ----
1.13 Acres Lot
$-- Zestimate®
$--/sqft
$215/mo HOA
What's special
- 115 days
- 187
- 15
Zillow last checked:
Listing updated:
Listed by:
T. Wayne Cole 602-600-0106,
Realty ONE Group
Source: ARMLS,MLS#: 7020514

Facts & features
Property
Features
- Fencing: None
- Has view: Yes
- View description: City Lights, Mountain(s), Desert
Lot
- Size: 1.13 Acres
- Dimensions: 221 x 195
- Features: Corner Lot, Gated Community, North/South Exp
- Topography: Hillside, Level
- Residential vegetation: Natural Vegetation
Details
- Additional structures: None
- Parcel number: 20325700
- Zoning: R-35
Utilities & green energy
- Electric: APS, Underground
- Sewer: Public Sewer
- Water: City Franchise
Community & HOA
Community
- Security: Guarded Entry
- Subdivision: TRAMONTO PARCEL E1
HOA
- Has HOA: Yes
- HOA fee: $1,288 semi-annually
- HOA name: AAM Property Mngmnt
- HOA phone: 602-957-9191
Location
- Region: Phoenix
Financial & listing details
- Tax assessed value: $240,000
- Annual tax amount: $1,956
- Date on market: 9/12/2026
- Cumulative days on market: 115 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/12/2026 | Price change | $450,000-10% |
Source: | ||
| 7/18/2026 | Pending sale | $500,000 |
Source: | ||
| 4/28/2026 | Listed for sale | $500,000+72.5% |
Source: | ||
| 5/7/2021 | Sold | $289,900+31.8% |
Source: Public Record Report a problem | ||
| 7/26/2019 | Listing removed | $219,900 |
Source: RE/MAX Renaissance #5872829 Report a problem | ||
| 1/25/2019 | Listed for sale | $219,900+10% |
Source: RE/MAX RENAISSANCE #5872829 Report a problem | ||
| 9/11/2018 | Listing removed | $199,900 |
Source: RE/MAX RENAISSANCE #5734750 Report a problem | ||
| 3/10/2018 | Listed for sale | $199,900+48.1% |
Source: RE/MAX RENAISSANCE REALTY #5734750 Report a problem | ||
| 3/10/2017 | Sold | $135,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,921 +1.3% | $36,000 +37.6% |
| 2024 | $1,897 +1.5% | $26,160 +51.3% |
| 2023 | $1,868 +1.8% | $17,294 +5% |
| 2022 | $1,836 -1.7% | $16,470 -2.8% |
| 2021 | $1,867 +3% | $16,950 +6.3% |
| 2020 | $1,813 +3.2% | $15,945 -9.6% |
| 2019 | $1,756 | $17,640 +1.7% |
| 2018 | $1,756 +3.4% | $17,340 +3.1% |
| 2017 | $1,699 +10.3% | $16,815 +9.6% |
| 2016 | $1,541 -0.1% | $15,345 +21.9% |
| 2015 | $1,543 | $12,587 |
| 2014 | -- | $12,587 -7.4% |
| 2013 | -- | $13,600 -69.8% |
| 2009 | -- | $45,040 +38% |
| 2008 | -- | $32,640 +8.2% |
| 2007 | -- | $30,160 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: North Gateway
Nearby schools
Schools provided by the listing agent
- High: Boulder Creek High School
- District: Deer Valley Unified District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






