5500 N Dromedary Rd Unit V Phoenix, AZ 85018
Camelback East Village NeighborhoodEstimated payment $128,172/month
Highlights
- Gated with Attendant
- Panoramic View
- No HOA
- Hopi Elementary School Rated A
- 23.66 Acre Lot
- Property is near a preserve or public land
About This Lot
Iconic Camelback Mountain Estate: A Rare, Once-in-a-Lifetime Buildable Opportunity
Perched on the slopes of the iconic Camelback Mountain, this extraordinary 23.66-acre estate represents one of the last and most significant buildable properties on the mountain. Offering more than 180 degrees of sweeping valley views—with Camelback's dramatic cliffs rising behind—the property is known throughout the community as the celebrated ''Merry Christmas House.'' Cherished by the same family for decades, it now awaits its next remarkable chapter. Beyond its architectural legacy, the property's 23.66 acres offer exceptional potential for future development, including the opportunity to subdivide into up to four parcels. Whether envisioning a family compound, multiple luxury estates, or reimagining the existing residence, the possibilities are unparalleled. Conceptual floorplan and site plan designs by renowned architect Mark Candelaria are also available to inspire your vision. Privately gated and surrounded by natural desert beauty, this estate combines unmatched privacy, panoramic vistas, and rare development flexibilityall just minutes from the heart of the city. Whether preserved, expanded, or completely transformed, this is a truly once-in-a-lifetime chance to own a piece of Arizona history on one of its most iconic mountain peaks.
Property Details
Property Type
- Land
Est. Annual Taxes
- $17,144
Lot Details
- 23.66 Acre Lot
- East or West Exposure
- 4 Lots in the community
- Additional Parcels
- Property is zoned RE-35
Property Views
- Panoramic
- City Lights
- Mountain
- Desert
Schools
- Hopi Elementary School
- Ingleside Middle School
- Arcadia High School
Additional Features
- North or South Exposure
- Residence on Property
Listing and Financial Details
- Tax Lot V
- Assessor Parcel Number 172-49-047-D
Community Details
Overview
- No Home Owners Association
- Property is near a preserve or public land
Security
- Gated with Attendant
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $17,144 | $215,616 | -- | -- |
| 2024 | $16,006 | $205,348 | -- | -- |
| 2023 | $16,006 | $352,043 | $82,013 | $270,030 |
| 2022 | $15,281 | $286,356 | $66,716 | $219,640 |
| 2021 | $15,860 | $243,332 | $56,692 | $186,640 |
| 2020 | $15,617 | $242,048 | $56,388 | $185,660 |
| 2019 | $17,024 | $181,658 | $42,318 | $139,340 |
| 2018 | $17,877 | $188,617 | $43,947 | $144,670 |
| 2017 | $18,605 | $208,786 | $48,636 | $160,150 |
| 2016 | $18,110 | $219,060 | $51,030 | $168,030 |
| 2015 | $16,716 | $215,818 | $51,628 | $164,190 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/21/2025 11/21/25 | For Sale | $24,000,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6950228
APN: 172-49-047D
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