2515 E VALLEY VIEW Drive, Phoenix, AZ 85042

$4,000,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 4,000 Lot Size (sq. ft.): 48,439 Status: Active
Current Price: $4,000,000 Last Modified: 5/01/2026

Description

A rare opportunity to build a true statement home on one of the most dramatic hillside homesites in the Valley. Perched on over an acre, this elevated setting captures unobstructed panoramic views that stretch endlessly, delivering breathtaking sunsets and a nightly display of city lights that feel almost within reach. The combination of elevation, orientation, and surrounding protected land creates a setting that is both visually striking and incredibly private. Ideal canvas for a one-of-a-kind custom residence. This is a to-be-built opportunity with meaningful flexibility. Current architectural plans and concepts are in place, and buyers have the ability to connect directly with the architect/builder to refine, expand, or completely reimagine the design to suit their vision.

Supplements: Whether pursuing a modern hillside showpiece or a warm desert retreat, the homesite supports a wide range of possibilities, with build costs varying based on scope, finishes, and overall design intent. The proposed concept begins with approximately a 5,000 square foot footprint, thoughtfully designed to embrace the landscape and maximize the views. A key advantage of the layout is the ability to enclose extensive covered exterior areas, including the space between the main residence and garages as well as a floating patio, allowing the future owner to significantly expand the livable square footage while maintaining seamless indoor-outdoor flow. The result is a home that lives far beyond its initial footprint, designed for both everyday living and elevated entertaining. Set at the base of South Mountain Preserve and backing directly to the Mormon Trail, the property offers immediate access to over 25 square miles of protected Sonoran Desert. Step outside your front door and you are instantly connected to miles of hiking, mountain biking, and exploration, with the natural terrain becoming an extension of your backyard. With preserve land bordering the homesite on three sides, the sense of permanence, privacy, and view protection is exceptionally rare and highly sought after. Despite the quiet, retreat-like setting, the location remains highly connected. Just minutes from Phoenix Sky Harbor International Airport, Arizona State University, and Downtown Phoenix, this property offers the unique ability to enjoy a serene desert lifestyle without sacrificing convenience to the core of the city. A significant advantage to this offering is that the seller has already advanced the hillside development and permitting process to near completion, effectively removing one of the most time-consuming and complex steps of hillside construction. This positions a buyer to move forward with building in a fraction of the typical timeline, adding both immediate value and long-term appeal. The property is also cross listed as a land-only opportunity, providing flexibility for those who prefer to design and build independently. Architecturally significant renderings from the current architect/builder are available, offering a glimpse into the potential of what can be created on this extraordinary homesite. Opportunities like this are increasingly rare - where elevated views, protected desert surroundings, direct trail access, and central proximity all come together. This is more than a homesite; it is a chance to build a legacy property in one of the most visually compelling and naturally connected settings in Arizona.

More Information MLS# 7022130

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No List Price: $4,000,000 Status: Active Current Price: $4,000,000 List Date: 2026-05-01

Location, Tax & Legal

Assessor's Map #: 26 Legal Description (Abbrev): PT LOT 9 SD SEC BEG AT PT SLY LN VALLEY VIEW DR H IGHLAND TERRACE MCR 39/5 WH PT BRS S 09D 59M W 50 Assessor's Parcel #: 2 Assessor Parcel Ltr: A Tax Municipality: Phoenix Taxes: 1885 House Number: 2515 Compass: E Street Name: VALLEY VIEW St Suffix: Drive City/Town Code: Phoenix State/Province: AZ Zip Code: 85042 Country: US County Code: Maricopa Assessor Number: 301-26-002-A Subdivision: metes and bounds Tax Year: 2025

General Property Description

Dwelling Styles: Detached # of Interior Levels: 2 Full Bathrooms: 3 Half Bathrooms: 0 Approx SQFT: 4000 Price/SqFt: 1000 Approx Lot SqFt: 48439 Approx Lot Acres: 1.112 Flood Zone: No Guest House SqFt: 850 Horses: Y Builder Name: Koss Design Elementary School District: Kyrene Elementary District High School District: Tempe Union High School District Elementary School: Kyrene Middle School Jr. High School: Kyrene Middle School High School: Tempe High School Community Pool Y/N: No Private Pool Y/N: Yes Fireplace YN: Yes Fireplaces Total: 1 Dwelling Type: Single Family Residence Exterior Stories: 2 # Bedrooms: 3 Total Bathrooms: 3 Year Built: 2026

Legal Info

Range: 3E Section: 2 Township: 1S Lot Number: -

Special Listing Cond

N/A: 1

Construction

Other: 1

Const - Finish

Other (See Remarks): 1

Construction Status

To Be Built: 1

Roofing

Other: 1

Association & Fees

HOA Y/N: N PAD Fee Y/N: N Land Lease Fee Y/N: N Ttl Mthly Fee Equiv: 0

Showing Notification Methods

Showing Service: Aligned Showings

Lockbox Type

None: 1

Architecture

Contemporary: 1

Master Bathroom

Full Bth Master Bdrm: 1

Add'l Property Use

See Remarks: 1

Private Pool Features

Outdoor: 1

Dining Area

Formal: 1

Heating

Other: 1

View

City: 1 Desert: 1 Panoramic: 1 City Lights: 1 Mountain(s): 1

Kitchen Features

None: 1

Cooling

See Remarks: 1

Laundry

See Remarks: 1

Basement

Basement Y/N: N

Separate Den/Office

Sep Den/Office Y/N: Y

Fencing

See Remarks: 1

Water Source

City Water: 1

Spa

Private: 1

Sewer

Septic Tank: 1

Parking Spaces

Slab Parking Spaces: 3 Total Covered Spaces: 4 Garage Spaces: 4

Parking Features

Attached Garage: 1

New Financing

Cash: 1

Utilities

SRP: 1

Existing 1st Loan

Other (See Remarks): 1

Landscaping

Desert Front: 1 Desert Back: 1

Horse Features

Other: 1

Disclosures

Other (See Remarks): 1

Possession

Close of Escrow: 1

Association Fee Incl

No Fees: 1

Assoc Rules/Info

None: 1

Remarks Misc

Cross Street: Baseline and 24th Street Directions: South on 24th Street to end, east on Valley View Geo Lat: 33.36589 Geo Lon: -112.028719

Property Features

Special Listing Cond: N/A Add'l Property Use: See Remarks Architecture: Contemporary View: Desert; Panoramic; City Lights; Mountain(s) Master Bathroom: Full Bth Master Bdrm Private Pool Features: Outdoor Spa: Private Dining Area: Formal Kitchen Features: None Laundry: See Remarks Parking Features: Attached Garage Construction: Other Const - Finish: Other (See Remarks) Construction Status: To Be Built Roofing: Other Cooling: See Remarks Heating: Other Utilities: SRP Water Source: City Water Sewer: Septic Tank Fencing: See Remarks Landscaping: Desert Front; Desert Back Horse Features: Other Lockbox Type: None Possession: Close of Escrow Association Fee Incl: No Fees Existing 1st Loan: Other (See Remarks) New Financing: Cash Disclosures: Other (See Remarks)

Room Information

Master Bedroom Length: 20.00 Length: 20.00 Width: 25.00 Width: 25.00 Level: First
Listing Office: Cordova Realty
Last Updated: May - 01 - 2026
2515 E VALLEY VIEW Drive, Phoenix, AZ 85042- MLS# 7022130
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

Gila Web Design favicon

Contact

Making modern & responsive websites for clients across the U.S.

602-499-5810

Contact Us