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5240 N 61ST Street , #3

Paradise Valley, AZ 85253
  • $2,999,000
  • STATUS: Active
  • ON SITE: 67 Days
  • MLS #: 6957237
UPDATED: 16 min ago
$2,999,000
  • 0
    BEDS
  • 1.66
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Information

Elementary School:
Middle School:
High School:

Description

A rare opportunity awaits on the north side of Camelback Mountain. This hillside lot spans over an acre and comes with plans ready for permits, offering the perfect canvas for a custom two-story modern estate with amazing views. Located within a gated community of Cholla Heights, which is comprised of only seven homes, each showcasing contemporary architecture, this is the final gated community available on the iconic Camelback Mountain. Just minutes from Scottsdale's premier dining and shopping, the setting is truly unmatched. As part of this private enclave, the property boasts sweeping mountain and city views. The contemporary design envisions 6,734 sq. ft. of living space with a level entry and soaring 25-foot glass windows that bring the outdoors in. The full set of complete drawings presently features a gym, home office, movie theater, and four-car garage. Outdoors, facing the mountain views to the east is nearly 1,000 sq. ft. of entertainment space, including an infinity pool and spa, perfect for enjoying the incredible views. A unique feature for a mountain lot is a rare private backyard. This property offers an additional 1,000 sq. ft. of private yard set against a rising mountain slope, providing complete privacy as you relax in the heated spa. An unparalleled opportunity to create a truly one-of-a-kind home in one of Paradise Valley's most desirable locations.

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Arizona Regional MLS logo© 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Compass Real Estate. Data last updated 2026-02-18T13:14:54.577.
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5240 N 61ST Street , #3 Paradise Valley, AZ 85253

  • Price: $2,999,000
  • Status: Active
  • On Site: 67 Days
  • Updated: 16 min ago
  • MLS #: 6957237
0
Beds
0
Baths
0
½ Baths
1.66
Acres
Neighborhood:
Cholla Heights Replat
County:
Maricopa
Area:
Paradise Valley
Elementary School:
Kiva Elementary School
Middle School:
Mohave Middle School
High School:
Saguaro High School
Property Description
A rare opportunity awaits on the north side of Camelback Mountain. This hillside lot spans over an acre and comes with plans ready for permits, offering the perfect canvas for a custom two-story modern estate with amazing views. Located within a gated community of Cholla Heights, which is comprised of only seven homes, each showcasing contemporary architecture, this is the final gated community available on the iconic Camelback Mountain. Just minutes from Scottsdale's premier dining and shopping, the setting is truly unmatched. As part of this private enclave, the property boasts sweeping mountain and city views. The contemporary design envisions 6,734 sq. ft. of living space with a level entry and soaring 25-foot glass windows that bring the outdoors in. The full set of complete drawings presently features a gym, home office, movie theater, and four-car garage. Outdoors, facing the mountain views to the east is nearly 1,000 sq. ft. of entertainment space, including an infinity pool and spa, perfect for enjoying the incredible views. A unique feature for a mountain lot is a rare private backyard. This property offers an additional 1,000 sq. ft. of private yard set against a rising mountain slope, providing complete privacy as you relax in the heated spa. An unparalleled opportunity to create a truly one-of-a-kind home in one of Paradise Valley's most desirable locations.
Exterior Features

Fencing None Horse Amenities [] Horse YN No Lot Features Gated CommunityNorth/South ExpBorders Pres/Pub Lnd Other Structures None Road Responsibility Private Maintained Road Road Surface Type Asphalt Topography MountainousCutHillsideLevel Vegetation Natural Vegetation View Mountain(s)City Lights

Property Features

Association Fee 4743.76 Association Fee Frequency Annually Association YN Yes Auction No Disclosures Development Pln Aval Listing Terms CashConventional Possible Use Single Family Sewer Public Sewer Special Listing Conditions FIRPTA may apply Special Listing Conditions FIRPTA Yes Tax Annual Amount 7717 Tax Other Annual Assessment Amount 0 Tax Year 2025 Water Source City Franchise Zoning R-35

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Arizona Regional MLS logo© 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Compass Real Estate. Data last updated 2026-02-18T13:14:54.577.
 
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Compass Real Estate
4222 N Marshall Way, Suite A
Scottsdale AZ, 85251