$3,500,000

Estimated payment $20,712/month

Total Views 465
2.08 Acres
$1,682,692 Price per Acre
90,605 Sq Ft Lot

Highlights

  • Gated with Attendant
  • Panoramic View
  • East or West Exposure
  • Kiva Elementary School Rated A
  • 2.08 Acre Lot

About This Lot

ONE OF A KIND, RARE +2 Acres elevated lot , capturing exceptional 40 mile views, including uniquely distinct city lights, in the prestigious and private guard gated community of La Place Du Sommet. This unique hillside view lot's building envelope has only 13.8% incline, with many features of a flat lot, resulting in substantial savings in construction costs, such as excavations and retaining walls. Noteworthy, another rare and sought-after feature, is that by midafternoon, during the hottest part of the day, your future home will be shaded, while fully capturing the majestic sunset skies and sweeping city and mountain views. This feature, makes a significant difference in comfort, energy savings and property value-added. Several, fact based collaborative and proactive meetings at site, with Paradise Valley City Staff (Zoning, Hillside & Engineering), followed up, with actual Architect and Civil Engineering designed options, for the building envelop, maximizing view and home layout and conforming to suggestions and guidance of the Paradise Valley City Staff, will result in substantial reduction in time, during the Official Plan Approval Process, a builder and owner's dream. Additional valuable information will be shared when visiting the lotThe current owner is committed and willing to accompany the future buyer in the valuable and necessary, smooth ownership transition optimization meetings with PV City Staff, to facilitate the continuation of support and accomplishment of the buyer's dream home. the

Listing Agent

Shari Varahramyan

HomeSmart Brokerage Phone: (602) 686 0891 License #SA543611000 Listed on: 07/22/2025

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,886

Lot Details

  • 2.08 Acre Lot
  • East or West Exposure
  • Property is zoned R-43

HOA Fees

  • $688 Monthly HOA Fees

Property Views

  • Panoramic
  • City Lights
  • Mountain

Schools

  • Kiva Elementary School
  • Mohave Middle School

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 169-02-028

Community Details

Overview

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

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$7,886

Lot Details

0

HOA Fees

$688 per month

Listing Details

  • Cross Street: Scottsdale Rd and Indian Bend
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Plans Available
  • Topography: Hillside, Gentle Sloping
  • Zoning: R-43
  • Tax Year: 2024
  • Directions: Directions: Head North on Scottsdale Rd, Left (West) on E Hummingbird Lane, at first fork stay Left to remain on Hummingbird, then slight Left on E Quartz Mountain Rd to gate, then first lot on righ
  • Attribution Contact: (602) 686 0891
  • Horses: No
  • Lot Size Acres: 2.08
  • Road Surface Type: Asphalt, Private Street
  • Subdivision Name: LA PLACE DU SOMMET LOTS 1 THROUGH 31 & TRACT A TH
  • View:Mountain View(s): Yes
  • View:City Light View(s): Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family
  • Land Features:Gated Community3: Yes

Exterior Features

  • Fencing: None
  • Lot Features: East/West Exposure, Gated Community, Guarded Entry
  • View: City Lights, Mountain(s), Panoramic
  • Disclosures: None
  • 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
  • HOA Transfer Fee: 400.0
  • Association Fee: 2062.5
  • Association Fee Frequency: Quarterly
  • Association Name: City Property Manage
  • Phone: 602-437-4777
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 90633.0
  • Additional Parcels: No
  • Parcel #: 169-02-028

Tax Info

  • Tax Annual Amount: 7886.4
  • Tax Book Number: 169.00
  • Tax Lot: 23
  • Tax Map Number: 2.00

Map

Range of Values:

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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 $7,302 $124,215 $124,215 --
2024 $7,202 $118,300 $118,300 --
2023 $7,202 $128,505 $128,505 $0
2022 $6,908 $117,360 $117,360 $0
2021 $7,344 $122,655 $122,655 $0
2020 $7,297 $101,145 $101,145 $0
2019 $7,045 $100,275 $100,275 $0
2018 $6,783 $111,645 $111,645 $0
2017 $6,516 $105,105 $105,105 $0
2016 $6,380 $80,070 $80,070 $0
2015 $6,697 $94,960 $94,960 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 For Sale $3,500,000 +1106.9% --
08/07/2020 08/07/20 Sold $290,000 -27.5% --
07/14/2020 07/14/20 For Sale $400,000 0.0% --
07/14/2020 07/14/20 Price Changed $400,000 0.0% --
01/13/2020 01/13/20 Price Changed $400,000 -11.1% --
09/19/2019 09/19/19 Price Changed $450,000 -18.2% --
05/16/2019 05/16/19 Price Changed $550,000 -5.2% --
03/13/2018 03/13/18 For Sale $580,000 0.0% --
03/13/2018 03/13/18 Price Changed $580,000 0.0% --
01/17/2018 01/17/18 For Sale $580,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $290,000 Old Republic Title Agency
Special Warranty Deed -- None Available
Warranty Deed $1,095,000 Fidelity National Title
Cash Sale Deed $460,000 First American Title
Cash Sale Deed $165,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $876,000 New Conventional
Previous Owner $618,750 Unknown
Previous Owner $360,000 Unknown
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6895738

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-02-028