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5238 E Palo Verde Drive #8, 
Paradise Valley, AZ 85253

$5,195,000


—

Bed


—

Bath


-

Sq Ft


1.03

Acres (Lot)


Land

Active

Listed by

Susan Postle

Realty One Group

480-315-1240

Last updated:

October 20, 2026, 03:39 PM

MLS#

7092374

Source:

ARMLS

About This Land

5238 E Palo Verde Drive #8

An extraordinary opportunity to acquire just over an acre on Camelback Mountain-an increasingly rare setting where exceptional land, privacy, and views converge. Surrounded by some of the Valley's most distinguished estates, this property offers a remarkable canvas for the creation of a one of a kind custom residence. Opportunities of this caliber are exceptionally limited. Buildable homesites in Paradise Valley are increasingly scarce, and parcels on Camelback Mountain are rarer still. With it's gentle sloping terrain, the property offers a distinct advantage; It is not subject to hillside development restrictions or approval requirements providing greater flexibility for those looking to design and build on Camelback Mountain. For the discerning buyer seeking a premier homesite in one of Arizona's most coveted enclaves, this property presents the opportunity to create something truly exceptional. More than a homesite, it is a chance to own a remarkable piece of Camelback Mountain.

Land Facts

Description/Design:

Land

Lot Size (Acres)

1.03

MLS #:

7092374

Last Updated:

October 20, 2026, 03:39 PM


Finances & Disclosures

Finances

Price:

$5,195,000

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.