$725,000
$70K PRICE DROP

5701 E Cheney Dr Unit 29 Paradise Valley, AZ 85253

Estimated payment $4,840/month

Total Views 5,146
1.04 Acres
$697,115 Price per Acre
45,302 Sq Ft Lot

Highlights

  • Panoramic View
  • Gated Community
  • Hilly Lot
  • Kiva Elementary School Rated A

About This Lot

Discover the magic of mountaintop living at this extraordinary 1.04 acre hillside lot in the exclusive 24-hour guard-gated enclave of La Place du Sommet. Perched in the center and toward the top of Mummy Mountain in the rugged beauty of the Sonoran Desert - lot 29 offers commanding vistas of the McDowell Mountain range, majestic Four Peaks, and the Superstition Mountains while capturing the sparkling expanse of city lights from Paradise Valley and Scottsdale. Set high above it all, this is one of the last opportunities to build a luxury estate in one of Paradise Valley's most coveted mountainside communities. The setting? Nothing short of spectacular. The lifestyle? Unmatched. Bring your vision and create a showstopping custom residence that captures Arizona's most iconic views.

Listing Agent

Jo Ann Bauer

Coldwell Banker Realty License #BR679246000 Listed on: 08/08/2025

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,011

Lot Details

  • 1.04 Acre Lot
  • Hilly Lot
  • Property is zoned R-43

HOA Fees

  • $688 Monthly HOA Fees

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Desert

Schools

  • Kiva Elementary School
  • Mohave Middle School
  • Saguaro High School

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 169-02-034

Community Details

Overview

  • La Place Du Sommet Association, Phone Number (602) 437-4777
  • La Place Du Sommet Lots 1 Through 31 & Tract A Thr Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$4,011

Lot Details

0

HOA Fees

$688 per month

Listing Details

  • Cross Street: Cheney Dr & 68th St
  • Legal Info Range: 4E
  • Property Type: Land
  • Topography: Hillside
  • Zoning: R-43
  • Tax Year: 2024
  • Horses: No
  • Lot Size Acres: 1.04
  • Subdivision Name: LA PLACE DU SOMMET LOTS 1 THROUGH 31 & TRACT A THR
  • View:Mountain View(s): Yes
  • View:City Light View(s): Yes
  • View:Desert: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Features:Gated Community3: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Gated Community
  • View: Desert, Panoramic, City Lights, Mountain(s)
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None
  • View:Panoramic: Yes

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 2062.5
  • HOA Paid Frequency: Quarterly
  • HOA Telephone: (602) 437-4777
  • Association Fee: 2062.5
  • Association Fee Frequency: Quarterly
  • Association Name: La Place du Sommet
  • Phone: 602-437-4777
  • Association: Yes

Schools

  • Elementary School: Kiva Elementary School
  • High School: Saguaro High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 45448.0
  • Additional Parcels: No
  • Parcel #: 169-02-034

Tax Info

  • Tax Annual Amount: 4011.0
  • Tax Book Number: 169.00
  • Tax Lot: 29
  • Tax Map Number: 2.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $4,196 $68,230 $68,230 --
2024 $3,956 $64,981 $64,981 --
2023 $3,956 $72,270 $72,270 $0
2022 $3,795 $64,980 $64,980 $0
2021 $4,034 $65,520 $65,520 $0
2020 $4,008 $53,460 $53,460 $0
2019 $4,065 $53,490 $53,490 $0
2018 $4,284 $62,160 $62,160 $0
2017 $4,115 $61,740 $61,740 $0
2016 $4,029 $50,565 $50,565 $0
2015 $4,306 $56,832 $56,832 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2025 11/07/25 Price Changed $725,000 -8.8% --
08/08/2025 08/08/25 For Sale $795,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Stewart Title & Trust Of Pho
Cash Sale Deed $750,000 Stewart Title & Trust Of Pho
Cash Sale Deed $190,000 Grand Canyon Title Agency In
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6903164

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-02-034

Arizona Maricopa County Paradise Valley 85253

5701 E Cheney Dr Unit 29, Paradise Valley, AZ

For Sale

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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Jo Ann Bauer
Listing Agent
Jo Ann Bauer
Section Image
Coldwell Banker Realty
(602) 854-4932