5240 N 61st Street Unit 3, Paradise Valley, AZ 85253
- $2,540,000
- Sold Price
- $2,540,000
- List Price
- $2,999,000
- Closing Date
- May 27, 2026
- Days on Market
- 117
- Status
- CLOSED
- MLS#
- 6957237
- City
- Paradise Valley
- Lot Size
- 72,123
- Subdivision
- Cholla Heights Replat
Property Description
A rare opportunity awaits on the north side of Camelback Mountain. This hillside lot spans over an acre and comes with plans ready for permits, offering the perfect canvas for a custom two-story modern estate with amazing views. Located within a gated community of Cholla Heights, which is comprised of only seven homes, each showcasing contemporary architecture, this is the final gated community available on the iconic Camelback Mountain. Just minutes from Scottsdale's premier dining and shopping, the setting is truly unmatched. As part of this private enclave, the property boasts sweeping mountain and city views. The contemporary design envisions 6,734 sq. ft. of living space with a level entry and soaring 25-foot glass windows that bring the outdoors in. The full set of complete drawings presently features a gym, home office, movie theater, and four-car garage. Outdoors, facing the mountain views to the east is nearly 1,000 sq. ft. of entertainment space, including an infinity pool and spa, perfect for enjoying the incredible views. A unique feature for a mountain lot is a rare private backyard. This property offers an additional 1,000 sq. ft. of private yard set against a rising mountain slope, providing complete privacy as you relax in the heated spa. An unparalleled opportunity to create a truly one-of-a-kind home in one of Paradise Valley's most desirable locations.
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Additional Information
- Elementary School
- Kiva Elementary School
- High School
- Saguaro High School
- Middle School
- Mohave Middle School
- Acres
- 1.66
- Hoa Fee
- $4,743
- Hoa Fee Frequency
- Annually
- Hoa
- Yes
- Hoa Name
- Cholla Heights
- Electric
- SRP, Underground, Individual Meter
- Fencing
- None
- Lot Size
- 72,123
- New Financing
- Cash, Conventional
- Lot Features
- Borders Preserve/Public Land, Gated Community, North/South Exp
- Subdivision
- Cholla Heights Replat
- Taxes
- $7,717
- Tax Year
- 2025
- Vegetation
- Natural Vegetation
- Water
- City Franchise
- Zoning
- R-35
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Listing courtesy of Grigg's Group Powered by The Altman Brothers. Selling Office: Realty Executives Arizona Territory.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.