Lot/land

Price cut: $120K (6/5)

$2,280,000

5516 N 24th Street #-, Phoenix, AZ 85016

--beds

--baths

0.8Acres

Land

Built in ----

0.8 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Remarkable canvas

Exceptional Biltmore Opportunity - One of the last remaining chances to build your dream estate at the gateway to the world-renowned Biltmore. This extraordinary 34,989 sq ft parcel is perfectly positioned in one of Phoenix's most prestigious and sought-after locations. Just steps from the vibrant Biltmore Fashion Park, enjoy fine dining, upscale shopping, and elite fitness clubs at your doorstep. With quick access to Sky Harbor Airport, downtown Phoenix, and premier golf courses, this homesite places you at the center of it all. Offering a remarkable canvas for a modern retreat or timeless luxury residence, this property invites you to create a legacy estate where prestige, lifestyle, and opportunity converge.

260 days

90

4

Facts & features

Property

Features

Fencing: Block,Chain Link,Partial

Lot

Size: 0.8 Acres
Dimensions: 202 x 175
Features: East/West Exposure
Topography: Level
Residential vegetation: Natural Vegetation

Details

Additional structures: None
Parcel number: 16446001D
Zoning: R35

Utilities & green energy

Electric: SRP
Sewer: Public Sewer
Water: City Franchise

Community & HOA

Community

Subdivision: San Souci

HOA

Has HOA: No

Location

Region: Phoenix

Financial & listing details

Tax assessed value: $561,200
Annual tax amount: $4,940
Date on market: 10/17/2025
Cumulative days on market: 260 days
Listing terms: Cash,Conventional
Electric utility on property: Yes
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

$2,842/mo

Price history

Date	Event	Price
6/5/2026	Price change	$2,280,000-5%
Source: ARMLS #6935143 Report a problem
3/10/2026	Price change	$2,400,000-4%
Source: ARMLS #6935143 Report a problem
10/17/2025	Listed for sale	$2,500,000+575.7%
Source: ARMLS #6935143 Report a problem
12/14/2012	Sold	$370,000-35.7%
Source: Public Record Report a problem
8/30/2012	Listed for sale	$575,250+31%
Source: Russ Lyon Sotheby's International Realty #4810916 Report a problem
11/3/2004	Sold	$439,000+68.8%
Source: Public Record Report a problem
1/10/2001	Sold	$260,000+30%
Source: Public Record Report a problem
6/25/1998	Sold	$200,000+60%
Source: Public Record Report a problem
9/29/1995	Sold	$125,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,941 +4.9%	$84,180 -19.6%
2024	$4,710 +2.7%	$104,655 +204.2%
2023	$4,584 +3.1%	$34,399 -33.3%
2022	$4,448 +0.7%	$51,540 -9.8%
2021	$4,416 +2.3%	$57,165 +19.5%
2020	$4,319 +2.5%	$47,820 +19.4%
2019	$4,213	$40,050 -26.7%
2018	$4,213 +4.9%	$54,615 -10.2%
2017	$4,015 +4.5%	$60,840 +26.7%
2016	$3,840 -0.5%	$48,015 +16.2%
2015	$3,860	$41,328 +34.5%
2014	--	$30,720 +35.2%
2013	--	$22,720 -79.8%
2009	--	$112,720 +7.7%
2008	--	$104,640 +64.9%
2007	--	$63,440 +53.7%
2006	--	$41,280 -1%
2005	--	$41,680
2004	--	$41,680 +29.9%
2003	--	$32,080
2002	--	$32,080

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

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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