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Sold for $2,540,000
  • $2,540,000

    5240 N 61ST Street #3, Paradise Valley, AZ 85253

    --beds
    --baths
    1.66Acres
    Land
    Built in ----
    1.66 Acres Lot
    $-- Zestimate®
    $--/sqft
    $4,282 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $4,282/mo

    Zestimate® history
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    What's special

    Private enclaveIncredible views
    A rare opportunity awaits on the north side of Camelback Mountain. This hillside lot spans over an acre and comes with plans ready for permits, offering the perfect canvas for a custom two-story modern estate with amazing views. Located within a gated community of Cholla Heights, which is comprised of only seven homes, each showcasing contemporary architecture, this is the final gated community available on the iconic Camelback Mountain. Just minutes from Scottsdale's premier dining and shopping, the setting is truly unmatched. As part of this private enclave, the property boasts sweeping mountain and city views. The contemporary design envisions 6,734 sq. ft. of living space with a level entry and soaring 25-foot glass windows that bring the outdoors in. The full set of complete drawings presently features a gym, home office, movie theater, and four-car garage. Outdoors, facing the mountain views to the east is nearly 1,000 sq. ft. of entertainment space, including an infinity pool and spa, perfect for enjoying the incredible views. A unique feature for a mountain lot is a rare private backyard. This property offers an additional 1,000 sq. ft. of private yard set against a rising mountain slope, providing complete privacy as you relax in the heated spa. An unparalleled opportunity to create a truly one-of-a-kind home in one of Paradise Valley's most desirable locations.

    Zillow last checked:

    Listing updated:

    Listed by:

    Scott Grigg 480-540-5479,

    Grigg's Group Powered by The Altman Brothers

    Bought with:

    Joseph Scalia, SA530305000

    Realty Executives Arizona Territory

    Source: ARMLS,MLS#: 6957237MLS Logo

    Facts & features

    Property

    Features
    • Fencing: None
    • Has view: Yes
    • View description: Mountain(s), City Lights
    Lot
    • Size: 1.66 Acres
    • Features: Gated Community, North/South Exp
    • Topography: Mountainous, Cut, Hillside, Level
    • Residential vegetation: Natural Vegetation
    Details
    • Additional structures: None
    • Parcel number: 17212052
    • Zoning: R-35
    • Special conditions: FIRPTA may apply

    Utilities & green energy

    • Electric: SRP, Underground, Individual Meter
    • Sewer: Public Sewer
    • Water: City Franchise

    Community & HOA

    Community
    • Subdivision: CHOLLA HEIGHTS REPLAT
    HOA
    • Has HOA: Yes
    • HOA fee: $4,744 annually
    • HOA name: Cholla Heights
    • HOA phone: 480-540-5479
    Location
    • Region: Paradise Valley

    Financial & listing details

    • Annual tax amount: $7,717
    • Date on market: 12/12/2025
    • Cumulative days on market: 117 days
    • Listing terms: Cash,Conventional
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    5/27/2026Sold$2,540,000-15.3%
    Source: ARMLS #6957237 Report a problem
    4/8/2026Pending sale$2,999,000
    Source: ARMLS #6957237 Report a problem
    12/12/2025Listed for sale$2,999,000
    Source: ARMLS #6957237 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Camelback East

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Kiva Elementary School
    • Middle: Mohave Middle School
    • High: Saguaro High School
    • District: Scottsdale Unified District

    Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.