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:
4/23/2024
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 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, a gym, a private office, a movie theatre, & 4-car garage. Outdoor living is equally impressive at 1000 sq ft of designed entertainment space with an infinity pool, spa, and a
Supplements: 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: April - 23 - 2024
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