5240 N 61st Street, 3, Paradise Valley, AZ 85253 (MLS# 6653023)

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5240 N 61st Street, 3, Paradise Valley, AZ 85253

$3,600,000
Property Type: Land and Lots Lot Size (sq. ft.): 72,123 Status: Active
Current Price: $3,600,000 List Date: 1/23/2024 Last Modified: 2/09/2024

Description

Discover a rare opportunity in Paradise Valley - LOT 3, a 1.66 acre hillside haven on the north side of Camelback Mountain is now available with plans available and ready for permits to be pulled! This exclusive lot is part of an intimate gated community featuring only 8 custom contemporary estates, offering unparalleled mountain and city views that stretch for miles. Lot 3 stands out with a unique level entry from the street. The 12,000 sqft contemporary design for Lot 3, spans over 6734 sq ft of indoor luxury living, and features 25-foot tall glass windows capturing stunning views. This residence could include 4 ensuites, gym, private office, movie theatre, wine room, & 4-car garage. Outdoor living is equally impressive with an infinity pool, spa, and nearly 1000 sq ft of

Supplements: designs emphasize innovation and technology. The 12,000 sqft contemporary design for Lot 3, spanning over 6734 sq ft of indoor luxury living, features 25-foot tall glass windows capturing stunning views. This residence includes 4 bedrooms, a guest suite, gym, private office, and a movie theatre. Outdoor living is equally impressive with a four-car garage, pool, spa, and nearly 1000 sq ft of space, including an infinity pool and a dramatic mountain privacy wall. Don't miss the chance to be part of this exclusive community and create a legacy on the north side of Camelback Mountain. Your luxurious hillside retreat awaits - seize the opportunity to make it yours.

More Information MLS# 6653023

Contract Information

Current Price: $3,600,000 List Price: $3,600,000 Status: Active List Date: 2024-01-19 For Sale or Lease?: Sale Type: ER Subagents: N Buyer/Broker: Y Buyer Broker $/%: $ Comp to Buyer Broker: 60000 Variable Commission: N

Location, Tax & Legal

House Number: 5240 Compass: N Street Name: 61st St Suffix: Street Lot #: 3 City/Town Code: Paradise Valley State/Province: AZ Zip Code: 85253 Country: USA County Code: Maricopa Assessor's Map #: 12 Assessor's Parcel #: 52 Add'l Parcels: No Assessor Number: 172-12-052 Legal Description (Abbrev): LOT 3 CHOLLA HEIGHTS REPLAT MCR 134320 Subdivision: CHOLLA HEIGHTS Census Tract: 107900 Tax Municipality: Phoenix Taxes: 7222 Tax Year: 2023 Marketing Name: Cholla Heights

General Property Description

Apx Total Acres: 1.66 Apx Total Acres G/N: G Price Per Acre: 2168674.7 # Lots in Listing: 1 Apx SqFt: 72123 Price Per SqFt: 49.91 Apx SqFt G/N: G Lot Size Dimensions: irregular Horses: N Zoning: R-35 Elementary School: Kiva Elementary School Jr. High School: Mohave Middle School High School: Saguaro High School Elementary School District: Scottsdale Unified District High School District: Scottsdale Unified District

Remarks & Misc

Cross Street: Chaparral Road and Invergordon Road/64th Street Directions: From Chaparral Road go North on Invergordon Road/64th Street, turn left onto Cholla Lane, take left onto 61st Street Geo Lat: 33.512994 Geo Lon: -111.950812

Status Change Info

Status Change Date: 2024-01-23

Legal Info

Township: 2N Range: 4E Section: 16 Lot Number: 3

Pmt & Rate Info

Equity: 3600000

Assoc/Prop Info

HOA Y/N: Y HOA Transfer Fee: 400 HOA Fee: 4743.76 HOA Paid (Freq): Annually HOA Name: Cholla Heights Comm HOA Telephone: 480-540-5479 PAD Fee Y/N: N HOA 2 Y/N: N

Showing Notification Methods

Showing Service: Aligned Showings

Property Features

Special Listing Cond: FIRPTA may apply Existing Land Use: Residential Lot Zoned Presently: Single Family Potential Use: Single Family Parcel Size: 1.00 - 2.49 Acres Proposed Density: 00 - 01 Units P/Acre Development Status: Plans Available Land Features: City Light View(s); Mountain View(s); Gated Community; North/South Exp; Borders Pres/Pub Lnd Vegetation: Natural Vegetation Land Configuration: Irregular Shape Roads/Streets: Asphalt Road Responsibility: Private Maintained Road Traffic Count: Not Available Freeway/Highway: Over 5.1 Miles Topography: Level; Hillside; Mountainous; Cut Existing Structures: None Water: City Franchise Sewer: Sewer - Public Electric: SRP; Underground; Individual Meter Gas: SW Gas; Underground; Individual Meter Distance to Cable: On Property Distance to Phone: On Property Distance to Water: On Property Distance to Electric: On Property Distance to Gas: On Property Distance to Sewer: On Property Existing 1st Loan: Treat as Free&Clear Existing 1st Ln Trms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Ln Type: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Ln Trms: Not Applicable New Financing: Cash; Conventional Use Restrictions: C.C. & R's Reports/Disclosures: Development Pln Aval Environmental: None Showing Notification Methods: Text Lockbox Type: None Fencing: None
Listing Office: RETSY
Last Updated: February - 09 - 2024
5240 N 61st Street, 3, Paradise Valley, AZ 85253- MLS# 6653023
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