5238 E PALO VERDE Drive 8, Paradise Valley, AZ 85253

New Listing

$5,195,000

Property Type: Land Lot Size (sq. ft.): 44,712 Status: Active

Current Price: $5,195,000 List Date: 10/10/2026 Last Modified: 10/11/2026

Overview

Description

An extraordinary opportunity to acquire just over an acre on Camelback Mountain-an increasingly rare setting where exceptional land, privacy, and views converge. Surrounded by some of the Valley's most distinguished estates, this property offers a remarkable canvas for the creation of a one of a kind custom residence. Opportunities of this caliber are exceptionally limited. Buildable homesites in Paradise Valley are increasingly scarce, and parcels on Camelback Mountain are rarer still. With it's gentle sloping terrain, the property offers a distinct advantage; It is not subject to hillside development restrictions or approval requirements providing greater flexibility for those looking to design and build on Camelback Mountain. For the discerning buyer seeking a premier homesite

Supplements: in one of Arizona's most coveted enclaves, this property presents the opportunity to create something truly exceptional. More than a homesite, it is a chance to own a remarkable piece of Camelback Mountain.

Listing Details MLS# 7092374

Location, Tax & Legal

House Number: 5238
Compass: E
Street Name: PALO VERDE
St Suffix: Drive
City/Town Code: Paradise Valley
State/Province: AZ
Zip Code: 85253
Zip4: 5127
Country: US
County Code: Maricopa
Assessor Number: 172-47-008
Subdivision: STONE CANYON
Tax Year: 2025

Contract Information

For Sale or Lease?: Sale
Type: Exclusive Right To Sell

General Property Description

Apx Total Acres: 1.03
Apx Total Acres G/N: G
Price Per Acre: 5043689.32
Apx SqFt: 44712
Price Per SqFt: 116.19
Apx SqFt G/N: G
Lot Size Dimensions: 233.49'x185.70'x163.85'x76.78'x57.99'x89.90'x27'
Horses: N
Zoning: R-43
Flood Zone: No
Elementary School District: Scottsdale Unified District
High School District: Scottsdale Unified District
Elementary School: Kiva Elementary School
Jr. High School: Mohave Middle School
High School: Saguaro High School

Remarks Misc

Cross Street: McDonald & 54th St
Directions: From the 101 go west on McDonald. Take a left onto 54th St and a right onto Palo Verde Dr. The home is on the right.

Legal Info

Township: 2N
Range: 4E
Section: 17
Lot Number: 8

Showing Notification Methods

Showing Service: Aligned Showings

More Information

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot Zoned Presently: Single Family Potential Use: Single Family Parcel Size: 1.00 - 2.49 Acres Current Density: 00 - 01 Units P/Acre Proposed Density: 00 - 01 Units P/Acre Land Features: Corner Lot; North/South Exp View: Mountain(s) Vegetation: Natural Vegetation; Other Land Configuration: Square Rectangular Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Topography: Level; Gentle Sloping Existing Structures: Residence Water Source: Private Sewer: Septic Tank Electric: APS Gas: Natural Gas 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: Under 350 Feet Existing 1st Loan: Conventional New Financing: Cash; Conventional Use Restrictions: C.C. & R's; Other (See Rmks) Environmental: None Showing Notification Methods: Text Lockbox Type: None Fencing: Block

Listing Office: Realty ONE Group

Office Phone: 480-315-1240

Office Email: ron.copus@realtyonegroup.com

Last Updated: October - 11 - 2026