PENDING
$6M PRICE INCREASE
5611 E Roadrunner Ln Unit 12 Paradise Valley, AZ 85253
Paradise Valley NeighborhoodEstimated payment $36,507/month
Total Views
12,898
5
Acres
$1,213,592
Price per Acre
224,334
Sq Ft Lot
Highlights
- City Lights View
- 5.15 Acre Lot
- Cul-De-Sac
- Cherokee Elementary School Rated A
- No HOA
About This Lot
Tucked away on the northeastern flank of Mummy Mountain, a remarkable 5-acre lot awaits, offering a unique blend of secluded luxury and awe-inspiring panoramas. This property stands as a rare jewel in the realm of high-end real estate, beckoning discerning buyers with its promise of exclusivity and breathtaking natural beauty. The lot's most striking feature is undoubtedly the 180-degree views it commands of the majestic McDowell Mountains and the storied Red Mountain. Each daybreak and dusk here is a visual symphony, with the skies above painting ever-changing hues that enchant and inspire. Perched on the slopes of Mummy Mountain, the property guarantees these views remain unobstructed, setting the stage for a home that's one with the serene desert sky. Accessibility to this private is via a discreet driveway, ensuring that seclusion and exclusivity are paramount. While it offers a retreat-like ambiance, far from the frenetic pace of city life, the property is conveniently located just minutes away from the heart of Paradise Valley & Scottsdale. Here, tranquility meets accessibility, making it an ideal sanctuary for those who value peace yet appreciate the proximity to urban amenities. The expansive 5-acre spread is a canvas awaiting your vision. It's a rare opportunity to construct a custom home as grand as 40,000 square feet, tailored to your unique tastes and lifestyle. Whether your dream is a sprawling, opulent estate decked with every modern luxury or a more understated abode that complements the surrounding desert, this property can accommodate it. The ample space offers endless possibilities, from a large main residence to large underground garage spaces, a private resort-style pool, and lush outdoor living areas. Beyond a mere residence, this property represents a legacy, an investment in one of Scottsdale's most sought-after locales. Its combination of size, location, and potential marks it as a rare find in the real estate market, poised for significant appreciation in value. The previous home was removed on this lot which means much of your pad preparation has already been completed offering a savings of many thousands and allows your architectural aspirations to face no boundaries. Whether your preference leans towards a sleek, minimalist design that frames the desert vistas or a Mediterranean villa that seamlessly melds into the surrounding terrain, your dream home can become a reality here. Envision hosting elegant gatherings where guests are captivated by the stunning vistas, enjoying outdoor meals beneath the starlit sky, or simply relishing the tranquility of your desert haven. The property's scale and unique location make it ideal for both lavish entertainment and intimate family life. In summary, this 5-acre lot on Mummy Mountain is more than just a parcel of land; it's a gateway to creating a personal sanctuary, a family stronghold, and a home that will stand as a testament to your vision and taste. Its combination of breathtaking views, privacy, and boundless potential offers an unparalleled lifestyle for those seeking the pinnacle of Scottsdale living. This property isn't just a place to live; it's a canvas for dreams, a foundation for memories, and a cornerstone for a legacy that will endure. ALTA Survey completed within the past 2 years available on request
Property Details
Property Type
- Land
Est. Annual Taxes
- $19,065
Year Built
- 1987
Lot Details
- 5.15 Acre Lot
- Cul-De-Sac
- Property is zoned R-43
Property Views
- City Lights
- Mountain
Schools
- Cherokee Elementary School
- Cocopah Middle School
- Chaparral High School
Additional Features
- North or South Exposure
- Private Water Source
Community Details
- No Home Owners Association
- Mummy Mountain Estates 9 16 Subdivision
Listing and Financial Details
- Tax Lot 12
- Assessor Parcel Number 168-77-004
Map
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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 | $19,080 | $324,555 | $324,555 | -- |
| 2024 | $18,817 | $309,100 | $309,100 | -- |
| 2023 | $18,817 | $425,145 | $425,145 | $0 |
| 2022 | $18,050 | $375,945 | $375,945 | $0 |
| 2021 | $19,188 | $393,750 | $393,750 | $0 |
| 2020 | $19,065 | $428,070 | $428,070 | $0 |
| 2019 | $18,407 | $370,965 | $370,965 | $0 |
| 2018 | $17,723 | $351,585 | $351,585 | $0 |
| 2017 | $17,026 | $325,275 | $325,275 | $0 |
| 2016 | $16,670 | $292,185 | $292,185 | $0 |
| 2015 | $16,871 | $283,376 | $283,376 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/12/2024 09/12/24 | Pending | -- | -- | -- |
| 01/03/2023 01/03/23 | Price Changed | $6,250,000 | +733.3% | -- |
| 04/28/2021 04/28/21 | For Sale | $750,000 | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Cash Sale Deed | $3,650,000 | Chicago Title Insurance Co |
Source: Public Records
About the Listing Agent
Meet Allen Studebaker — Trusted Leader. Fierce Negotiator. Your Go-To in Arizona Real Estate.
Allen Studebaker is the driving force behind The Studebaker Group at Compass in Scottsdale. With over two decades of real estate success and a background in corporate management at UPS, Allen brings a rare blend of sharp business acumen and heart-centered service to every client experience.
Since launching his real estate career in 2003, Allen has helped clients close over $750 million in
Allen's Other Listings
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6227863
APN: 168-77-004
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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