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
For sale
Price cut: $645K (4/26)
$5,850,000
5507 N PALO CRISTI Road, Paradise Valley, AZ 85253
4beds
5,544sqft
Single Family Residence
Built in 2002
2.04 Acres Lot
$-- Zestimate®
$1,055/sqft
$-- HOA
What's special
Quality constructionTwo homes plus casitaCamelback mountain viewsAuthentic arizona heritage architecture
- 165 days |
- 628 |
- 30 |
Zillow last checked:
Listing updated:
Listed by:
Scott A Jarson info@azarchitecture.com,
AZArchitecture/Jarson & Jarson
Source: ARMLS,MLS#: 6970775
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Heating
- Radiant, Other, See Remarks, Electric, Natural Gas
Cooling
- Central Air, Ceiling Fan(s), Other, See Remarks
Appliances
- Included: Built-in Microwave, Gas Cooktop, Built-In Electric Oven
- Laundry: Inside, Other, See Remarks
Features
- Pantry, Non-laminate Counter, High Speed Internet, See Remarks, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, 3/4 Bath Master Bdrm, Full Bth Master Bdrm, Separate Shwr & Tub
- Flooring: Tile
- Windows: Skylight(s), Double Pane Windows
- Has basement: No
- Number of fireplaces: 3
- Fireplace features: Other, See Remarks, Family Room, Living Room, Master Bedroom, Gas
Interior area
- Total structure area: 5,544
- Total interior livable area: 5,544 sqft
Property
Parking
- Total spaces: 9
- Parking features: Attached, Detached Garage, RV Gate, Garage Door Opener, Direct Access, Circular Driveway, Attch'd Gar Cabinets, Over Height Garage, Rear Vehicle Entry, RV Garage
- Attached garage spaces: 8
- Uncovered spaces: 1
Accessibility
- Accessibility features: Bath Grab Bars
Features
- Stories: 1
- Patio & porch: Covered, Patio
- Exterior features: Other, Balcony, Private Yard, Storage
- Has private pool: Yes
- Pool features: Outdoor Pool, Play Pool
- Spa features: None, Bath
- Fencing: See Remarks,Other,Block
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 2.04 Acres
- Features: Corner Lot, Desert Back, Desert Front
Details
- Additional structures: Guest House
- Parcel number: 17007028
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Pueblo,See Remarks,Spanish,Territorial/Santa Fe
- Property subtype: Single Family Residence
Materials
- Stucco, Other, See Remarks, Painted, Block, ICFs (Insulated Concrete Forms)
- Foundation: Slab
- Roof: Foam
Condition
- Fixer
- New construction: No
- Year built: 2002
Details
- Builder name: Dan McBeth
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
Community & HOA
Community
- Security: Security System Owned
- Subdivision: OLD ADOBE 2
HOA
- Has HOA: No
- Services included: No Fees
Location
- Region: Paradise Valley
Financial & listing details
- Price per square foot: $1,055/sqft
- Tax assessed value: $4,950,800
- Annual tax amount: $24,431
- Date on market: 1/19/2026
- Cumulative days on market: 165 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/26/2026 | Price change | $5,850,000-9.9%$1,055/sqft |
Source:  ARMLS #6970775 Report a problem | ||
| 2/25/2026 | Price change | $6,495,000-5.8%$1,172/sqft |
Source: ARMLS #6970775 Report a problem | ||
| 1/19/2026 | Listed for sale | $6,895,000$1,244/sqft |
Source: ARMLS #6970775 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $25,356 +3.8% | $495,080 -1.2% |
| 2024 | $24,431 +0.7% | $500,980 +143.2% |
| 2023 | $24,264 +4.2% | $206,021 -30.7% |
| 2022 | $23,297 -1.4% | $297,400 +10.8% |
| 2021 | $23,637 +35.5% | $268,510 +7.1% |
| 2020 | $17,440 -18.4% | $250,660 +98.5% |
| 2019 | $21,383 | $126,250 -32.1% |
| 2018 | $21,383 +4.1% | $185,980 -0.4% |
| 2017 | $20,534 +43.8% | $186,820 +77.2% |
| 2016 | $14,277 +27.4% | $105,410 |
| 2015 | $11,207 | $105,410 +11.5% |
| 2014 | -- | $94,550 +2.8% |
| 2013 | -- | $91,950 |
| 2012 | -- | $91,950 -11% |
| 2011 | -- | $103,330 -16.6% |
| 2010 | -- | $123,910 -16.6% |
| 2009 | -- | $148,660 +0% |
| 2008 | -- | $148,650 +25% |
| 2007 | -- | $118,900 +66.8% |
| 2006 | -- | $71,300 |
| 2005 | -- | $71,300 -2.7% |
| 2004 | -- | $73,300 |
| 2003 | -- | $73,300 +102.5% |
| 2002 | -- | $36,200 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 85253
Nearby schools
GreatSchools rating
- 7/10Biltmore Preparatory AcademyGrades: K-8Distance: 0.9 mi
- 3/10Camelback High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Biltmore Preparatory Academy
- Middle: Biltmore Preparatory Academy
- High: Camelback High School
- District: Creighton Elementary District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Arizona
- Maricopa County
- Paradise Valley
- 85253
- 5507 N PALO CRISTI Road
Nearby cities
Nearby zip codes
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