PARADISE VALLEY - GATED CUL-DE-SAC LOT
Huge price reduction-by far the best value in Colonia Miramonte! Solid opportunity for buyers and builders ready to start anew. Located in the heart of Paradise Valley in the highly regarded, gated community of Colonia Miramonte, this cul-de-sac property offers privacy, a coveted location, and real potential. The existing 2,457 sq ft home is a rehab/teardown, providing the opportunity for a new custom residence, designed to your specifications.
Colonia Miramonte is established and well-maintained, with many neighboring properties in the $4M+dollar range. Direct proximity to Camelback Resort means world-class golf, spa services, and fine dining are essentially at your doorstep, while the guard-gated setting keeps things secure, secluded and private. and prestigious cities. If you're looking for a buildable, proven location, this is worth serious consideration.
Bring your builder. The time is now.
For sale
Price cut: $250K (6/30)
$2,100,000
5434 E LINCOLN Drive #4, Paradise Valley, AZ 85253
2beds
2,457sqft
:
Get pre-qualified$12,587/mo
Single Family Residence
Built in 1967
10,212 Square Feet Lot
$-- Zestimate®
$855/sqft
$767/mo HOA
What's special
Cul-de-sac property offers privacy
- 162 days |
- 556 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
Perry Landon Wright 480-682-8552,
Realty ONE Group,
Robin Leigh 602-920-4550,
Realty ONE Group
Source: ARMLS,MLS#: 6989622
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Refrigerator, Dishwasher, Disposal
- Laundry: Inside
Features
- High Speed Internet, Double Vanity, Full Bth Master Bdrm
- Flooring: Carpet, Tile
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Living Room, Gas
Interior area
- Total structure area: 2,457
- Total interior livable area: 2,457 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Attached, Garage Door Opener, Attch'd Gar Cabinets, Common
- Attached garage spaces: 2
- Uncovered spaces: 2
Features
- Stories: 1
- Patio & porch: Patio
- Exterior features: Private Street(s), Private Yard
- Spa features: None
- Fencing: Back Yard,Partial
Lot
- Size: 10,212 Square Feet
- Features: East/West Exposure, Desert Front, Cul-De-Sac
Details
- Additional structures: Guest House
- Parcel number: 16928008
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mid-Century Modern,Ranch,Spanish
- Property subtype: Single Family Residence
Materials
- Brick Veneer, Painted, Adobe, Block
- Roof: Built-Up
Condition
- Year built: 1967
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
Community & HOA
Community
- Features: Pool, Gated, Guarded Entry
- Subdivision: COLONIA MIRAMONTE
HOA
- Has HOA: Yes
- Services included: Sewer, Maintenance Grounds, Street Maint, Trash, Water
- HOA fee: $2,300 quarterly
- HOA name: Colonia Miramonte
- HOA phone: 602-635-9777
Location
- Region: Paradise Valley
Financial & listing details
- Price per square foot: $855/sqft
- Tax assessed value: $2,196,100
- Annual tax amount: $6,082
- Date on market: 2/25/2026
- Cumulative days on market: 163 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/30/2026 | Price change | $2,100,000-10.6%$855/sqft |
Source:  ARMLS #6989622 Report a problem | ||
| 3/16/2026 | Price change | $2,350,000-11.3%$956/sqft |
Source: ARMLS #6989622 Report a problem | ||
| 2/25/2026 | Listed for sale | $2,650,000+554.3%$1,079/sqft |
Source: ARMLS #6989622 Report a problem | ||
| 2/11/1999 | Sold | $405,000$165/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,033 +16.8% | $219,610 +1.6% |
| 2024 | $5,167 +1.5% | $216,070 +140.9% |
| 2023 | $5,089 +3.9% | $89,709 -31.7% |
| 2022 | $4,901 -5.9% | $131,280 +26.9% |
| 2021 | $5,210 +4% | $103,460 +5.1% |
| 2020 | $5,009 +4.3% | $98,470 +12.9% |
| 2019 | $4,801 | $87,250 -2.2% |
| 2018 | $4,801 +4.6% | $89,180 -6.1% |
| 2017 | $4,589 +8.7% | $94,970 +0.9% |
| 2016 | $4,220 -2.3% | $94,160 |
| 2015 | $4,321 | $94,160 +29.7% |
| 2014 | -- | $72,610 +38.1% |
| 2013 | -- | $52,570 |
| 2012 | -- | $52,570 -10.9% |
| 2011 | -- | $59,010 -21.4% |
| 2010 | -- | $75,070 -17.2% |
| 2009 | -- | $90,680 +0% |
| 2008 | -- | $90,650 +24.9% |
| 2007 | -- | $72,550 +70.8% |
| 2006 | -- | $42,480 |
| 2005 | -- | $42,480 -7.2% |
| 2004 | -- | $45,800 |
| 2003 | -- | $45,800 +29% |
| 2002 | -- | $35,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 85253
Nearby schools
GreatSchools rating
- 10/10Kiva Elementary SchoolGrades: PK-6Distance: 2 mi
- 6/10Mohave Middle SchoolGrades: 6-8Distance: 4 mi
- 9/10Saguaro High SchoolGrades: 9-12Distance: 3.4 mi
Schools provided by the listing agent
- Elementary: Kiva Elementary School
- Middle: Kiva Elementary 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.
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