5240 N 61ST Street 3, Paradise Valley, AZ 85253
New Listing
$2,999,000
Property Type:
Land
Lot Size (sq. ft.):
72,123
Status:
Active
Current Price:
$2,999,000
List Date:
12/12/2025
Last Modified:
12/16/2025
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.
Supplements: 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.
More Information MLS# 6957237
Contract Information
Type: Exclusive Right To Sell
For Sale or Lease?: Sale
Current Price: $2,999,000
List Price: $2,999,000
Status: Active
List Date: 2025-12-12
Location, Tax & Legal
Lot #: 3
Assessor's Map #: 12
Legal Description (Abbrev): LOT 3 CHOLLA HEIGHTS REPLAT MCR
Assessor's Parcel #: 52
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 107900
Taxes: 7717
House Number: 5240
Compass: N
Street Name: 61ST
St Suffix: Street
City/Town Code: Paradise Valley
State/Province: AZ
Zip Code: 85253
Zip4: 6919
County Code: Maricopa
Assessor Number: 172-12-052
Subdivision: CHOLLA HEIGHTS REPLAT
Tax Year: 2025
General Property Description
Apx Total Acres: 1.66
Apx Total Acres G/N: G
Price Per Acre: 1806626.51
# Lots in Listing: 1
Apx SqFt: 72123
Price Per SqFt: 41.58
Apx SqFt G/N: G
Lot Size Dimensions: IRREGULAR
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-35
Legal Info
Range: 4E
Section: 16
Township: 2N
Lot Number: 3
Special Listing Cond
FIRPTA may apply: 1
Pmt & Rate Info
Equity: 2999000
Total Owed: 0
Assoc/Prop Info
HOA Y/N: Y
HOA Transfer Fee: 400
HOA Fee: 4743.76
HOA Paid (Freq): Annually
HOA Name: Cholla Heights
HOA Telephone: 480-540-5479
PAD Fee Y/N: N
Assessed Balance: 0
HOA 2 Y/N: N
Showing Notification Methods
Showing Service: No Showing Service Used
Text: 1
Email: 1
Phone Call: 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
Proposed Density
00 - 01 Units P/Acre: 1
Development Status
Plans Available: 1
Land Features
Gated Community: 1
North/South Exp: 1
Borders Preserve/Public Land: 1
View
City Lights: 1
Mountain(s): 1
Vegetation
Natural Vegetation: 1
Land Configuration
Irregular Shape: 1
Road Surface Type
Asphalt: 1
Road Responsibility
Private Maintained Road: 1
Traffic Count
Not Available: 1
Fencing
None: 1
Water Source
City Franchise: 1
Freeway/Highway
Over 5.1 Miles: 1
Sewer
Sewer - Public: 1
Electric
SRP: 1
Underground: 1
Individual Meter: 1
Topography
Level: 1
Hillside: 1
Mountainous: 1
Cut: 1
Gas
SW Gas: 1
Underground: 1
Individual Meter: 1
Existing Structures
None: 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
Treat as Free&Clear: 1
Distance to Electric
On Property: 1
Distance to Gas
On Property: 1
Existing 1st Loan Terms
Not Applicable: 1
Distance to Sewer
On Property: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Use Restrictions
C.C. & R's: 1
Reports/Disclosures
Development Pln Aval: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Remarks Misc
Cross Street: Chaparral Road and Invergordon Road/64th Street
Directions: From Chaparral Road go North on Invergordon Road/64th Street, turn left/west onto Cholla Lane, take left onto 61st Street.
Geo Lat: 33.513002
Geo Lon: -111.95081
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: Gated Community; North/South Exp; Borders Preserve/Public Land
View: City Lights; Mountain(s)
Vegetation: Natural Vegetation
Land Configuration: Irregular Shape
Road Surface Type: Asphalt
Road Responsibility: Private Maintained Road
Traffic Count: Not Available
Topography: Level; Hillside; Mountainous; Cut
Existing Structures: None
Water Source: 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 Loan Terms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Loan Type: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Terms: Not Applicable
New Financing: Cash; Conventional
Use Restrictions: C.C. & R's
Environmental: None
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Fencing: None
Listing Office:
Grigg's Group Powered by The Altman Brothers
Last Updated: December - 16 - 2025
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