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

$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

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.

More Information MLS# 7092374

Contract Information

Type: Exclusive Right To Sell For Sale or Lease?: Sale Current Price: $5,195,000 List Price: $5,195,000 Status: Active List Date: 2026-10-10

Location, Tax & Legal

Lot #: 8 Assessor's Map #: 47 Legal Description (Abbrev): LOT 8 STONE CANYON MCR 006241 Assessor's Parcel #: 8 Add'l Parcels: No Tax Municipality: Paradise Valley Census Tract: 105002 Taxes: 7964 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

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' Flood Zone: No Horses: N 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 Zoning: R-43

Legal Info

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

Special Listing Cond

N/A: 1

Pmt & Rate Info

Equity: 5195000 Total Owed: 0

Assoc/Prop Info

HOA Y/N: N PAD Fee Y/N: N Assessed Balance: 0

Showing Notification Methods

Showing Service: Aligned Showings Text: 1

Lockbox Type

None: 1

Existing Land Use

Residential Lot: 1

Zoned Presently

Single Family: 1

Potential Use

Single Family: 1

Parcel Size

1.00 - 2.49 Acres: 1

Current Density

00 - 01 Units P/Acre: 1

Proposed Density

00 - 01 Units P/Acre: 1

Land Features

Corner Lot: 1 North/South Exp: 1

View

Mountain(s): 1

Vegetation

Natural Vegetation: 1 Other: 1

Land Configuration

Square Rectangular: 1

Road Access Type

City Street: 1

Road Surface Type

Asphalt: 1

Road Responsibility

City Maintained Road: 1

Fencing

Block: 1

Water Source

Private: 1

Sewer

Septic Tank: 1

Electric

APS: 1

Topography

Level: 1 Gentle Sloping: 1

Gas

Natural Gas: 1

Existing Structures

Residence: 1

Distance to Cable

On Property: 1

New Financing

Cash: 1 Conventional: 1

Distance to Phone

On Property: 1

Distance to Water

On Property: 1

Existing 1st Loan

Conventional: 1

Distance to Electric

On Property: 1

Distance to Gas

On Property: 1

Distance to Sewer

Under 350 Feet: 1

Use Restrictions

C.C. & R's: 1 Other (See Rmks): 1

Reports/Disclosures

Other (See Rmks): 1

Environmental

None: 1

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. Geo Lat: 33.52284 Geo Lon: -111.96784

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
5238 E PALO VERDE Drive 8, Paradise Valley, AZ 85253- MLS# 7092374
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.

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