The famous MERRY CHRISTMAS house can now be yours! Perched high above the city atop the south slope of Camelback Mountain, the 23.66-acre property has the most exquisite sweeping views of the entire Valley below. This is one of the last remaining buildable lots on the mountain with unlimited possibilities; subdivide into as many as 4 separate parcels, build a family compound, or leave the current property; all are special opportunities. The existing 4,661square-foot residence, originally built in the 1950s, and influenced by world renown Frank Lloyd Wright has an impressive midcentury modern vibe. Privately gated and surrounded by the beauty of the desert, this estate property combines ultimate privacy, panoramic vistas, and building flexibility. Whether preserved, expanded, or completely The famous MERRY CHRISTMAS house can now be yours! Perched high above the city atop the south slope of Camelback Mountain, the 23.66-acre property has the most exquisite sweeping views of the entire Valley below. This is one of the last remaining buildable lots on the mountain with unlimited possibilities; subdivide into as many as 4 separate parcels, build a family compound, or leave the current property; all are special opportunities. The existing 4,661square-foot residence, originally built in the 1950s, and influenced by world renown Frank Lloyd Wright has an impressive midcentury modern vibe. Privately gated and surrounded by the beauty of the desert, this estate property combines ultimate privacy, panoramic vistas, and building flexibility. Whether preserved, expanded, or completely transformed, this is a once-in-a-lifetime chance to own a piece of Arizona history sitting on one of its most iconic mountain peaks. You will literally be king of the mountain!
Conceptual floorplan and site plan designs by architect Mark Candelaria are available for inspiration.
For sale
$24,000,000
5500 N DROMEDARY Road, Phoenix, AZ 85018
1beds
4,641sqft
Single Family Residence
Built in 1950
23.66 Acres Lot
$-- Zestimate®
$5,171/sqft
$-- HOA
What's special
Privately gatedImpressive midcentury modern vibePanoramic vistas
- 87 days |
- 3,034 |
- 104 |
Zillow last checked:
Listing updated:
Listed by:
Robert E Joffe 602-989-8300,
Compass,
Jonah Joffe 602-626-0775,
Compass
Source: ARMLS,MLS#: 7028875
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Refrigerator
Features
- Pantry, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
- Flooring: Carpet, Stone
- Has basement: No
- Number of fireplaces: 2
- Fireplace features: Exterior Fireplace, Gas
Interior area
- Total structure area: 4,641
- Total interior livable area: 4,641 sqft
Property
Parking
- Total spaces: 9
- Parking features: Carport, Open
- Carport spaces: 3
- Uncovered spaces: 6
Features
- Stories: 1
- Has private pool: Yes
- Pool features: Diving Pool
- Spa features: None, Bath
- Fencing: None,Wrought Iron
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 23.66 Acres
- Features: North/South Exposure, Hillside Lot, Borders Preserve/Public Land, Desert Back, Desert Front, Natural Desert Back, Grass Back, Natural Desert Front, Irrigation Back
Details
- Parcel number: 17249047D
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Painted, Stone, Block
- Roof: Foam
Condition
- Year built: 1950
Utilities & green energy
- Sewer: Septic Tank
- Water: City Water
Community & HOA
HOA
- Has HOA: No
- Services included: No Fees
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $5,171/sqft
- Tax assessed value: $4,569,100
- Annual tax amount: $17,144
- Date on market: 5/21/2026
- Cumulative days on market: 247 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 |
|---|---|---|
| 5/22/2026 | Listed for sale | $24,000,000$5,171/sqft |
Source:  ARMLS #7028875 Report a problem | ||
| 4/30/2026 | Listing removed | $24,000,000$5,171/sqft |
Source: ARMLS #6950226 Report a problem | ||
| 11/21/2025 | Listed for sale | $24,000,000-20%$5,171/sqft |
Source: ARMLS #6950226 Report a problem | ||
| 9/9/2025 | Listing removed | $30,000,000$6,464/sqft |
Source: ARMLS #6781148 Report a problem | ||
| 11/8/2024 | Listed for sale | $30,000,000$6,464/sqft |
Source: ARMLS #6781148 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,036 +4.9% | $475,186 +11.2% |
| 2024 | $16,244 +2.1% | $427,294 +118.5% |
| 2023 | $15,908 +4.1% | $195,570 -31.7% |
| 2022 | $15,281 -2.2% | $286,356 +17.7% |
| 2021 | $15,617 -8.3% | $243,332 +0.5% |
| 2020 | $17,024 -4.8% | $242,048 +33.2% |
| 2019 | $17,877 | $181,658 -3.7% |
| 2018 | $17,877 -3.9% | $188,617 -9.7% |
| 2017 | $18,605 +11.3% | $208,786 -4.7% |
| 2016 | $16,716 +2.9% | $219,060 +1.5% |
| 2015 | $16,242 | $215,818 +22.3% |
| 2014 | -- | $176,521 +14.7% |
| 2013 | -- | $153,869 -2% |
| 2012 | -- | $157,014 -25.3% |
| 2011 | -- | $210,192 -21.8% |
| 2010 | -- | $268,746 +3.4% |
| 2009 | -- | $259,828 +19.1% |
| 2008 | -- | $218,184 +16.5% |
| 2007 | -- | $187,270 -49.1% |
| 2006 | -- | $367,990 |
| 2005 | -- | $367,990 -11.9% |
| 2004 | -- | $417,474 |
| 2003 | -- | $417,474 +28.3% |
| 2002 | -- | $325,381 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Camelback East
Nearby schools
GreatSchools rating
- 9/10Hopi Elementary SchoolGrades: K-5Distance: 1.1 mi
- 8/10Echo Canyon K-8Grades: PK-8Distance: 1.5 mi
- 9/10Arcadia High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Hopi Elementary School
- Middle: Ingleside Middle School
- High: Arcadia 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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A local agent can set up tours, give advice and negotiate with sellers.
