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5507 N PALO CRISTI Road, Paradise Valley, AZ, 85253

4beds
6baths
5,544sqft
$5,850,000
$1,055price/sqft
$33,032/moest. monthly cost
$1,321,280/yrincome needed

About This Home

Rare 2-AC Paradise Valley estate W/Camelback Mountain views located in highly desirable luxury corridor surrounded by newer multi-million dollar homes. Unique opportunity combines land, location, lifestyle & potential. Property includes 2 homes!, casita, shop, authentic Arizona architecture, quality construction; ideal for renovation, expansion or reimagination. Detached multi-car garage shop offers additional value for car collectors, hobbyists or flex use. Flat usable parcel w/ outstanding Camelback view provides excellent foundation for a custom estate or long term investment in lifestyle. Ideal location near Hermosa Inn, PCDS. Close to dining/resorts/golf and shopping. Exceptional combination of location, land size, privacy and views! PV buyers demand large estate lots; this is it! Paradise Valley Heritage Luxury - 2 Acre Estate Lot Opportunities of this scale and character in Paradise Valley are rare. Set on a full 2 acre parcel with Camelback Mountain views, this property offers a unique balance of land, location, lifestyle and potential. Nestled among newly constructed multi-million dollar estates, the setting reflects a clear transition toward high-value custom homes while preserving the privacy and space that define Paradise Valley living. The premier estate includes two residences and a separate casita, each reflecting authentic Arizona heritage architecture and quality construction that lends itself well to renovation, expansion, or reimagination. Superior materials and craftsmanship provide a strong foundation for those seeking to enhance rather than replace, while a substantial detached multi car garage and workshop building adds a rare amenity for car collectors, hobbyists, or flexible use during redevelopment. Located by Hermosa Inn and near Phoenix Country Day School, this residence offers both historic significance and enduring appeal. Whether enjoyed as a multi-generational hacienda, envisioned as a cultured renovation, or reimagined as a new custom estate, this is a rare opportunity to create something enduring in Paradise Valley. Features 2 acre estate parcel in Paradise Valley Camelback Mountain views Two homes plus casita Authentic Arizona heritage architecture Quality construction suitable for renovation Flat usable land with strong view corridor Located in a premier luxury redevelopment area Surrounded by new multi-million dollar estates Detached multi-car garage and workshop building Ideal for car collectors or hobbyists Near Phoenix Country Day School Near Hermosa Inn and resort corridor

Getting Around

17
WalkingCar-Dependent
0
TransitVery Limited Transit
57
BikeBikeable

Schools

7/10
3/10
Camelback High SchoolGrades 9-121.4 mi

Construction

Condition

  • Property condition: Fixer
  • Year built: 2002

Materials

  • Foundation: Slab
  • Roof: Foam
  • Construction materials: Stucco,Other,See Remarks,Painted,Block,ICFs (Insulated Concrete Forms)

Other

  • Builder name: Dan McBeth

Type & Style

  • Home type: SingleFamily
  • Architectural style: Pueblo,See Remarks,Spanish,Territorial/Santa Fe
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Built-in Microwave,Gas Cooktop,Built-In Electric Oven
  • Laundry features: Inside,Other,See Remarks

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 6
  • Full bathrooms: 5
  • 1/2 bathrooms: 1

Features

  • Pantry,Non-laminate Counter,High Speed Internet,See Remarks,Eat-in Kitchen,Breakfast Bar,9+ Flat Ceilings,Kitchen Island,3/4 Bath Master Bdrm,Full Bth Master Bdrm,Separate Shwr & Tub
  • Window features: Skylight(s),Double Pane Windows
  • Flooring: Tile
  • Number of fireplaces: 3
  • Fireplace features: Other,See Remarks,Family Room,Living Room,Master Bedroom,Gas
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Radiant,Other,See Remarks,Electric,Natural Gas
  • Cooling features: Central Air,Ceiling Fan(s),Other,See Remarks

Interior Area

  • Total structure area: 5,544
  • Total interior livable area: 5,544 sqft

Property

Accessibility

  • Accessibility features: Bath Grab Bars

Details

  • Parcel number: 17007028

Features

  • Stories: 1
  • Private pool: Yes
  • Pool features: Outdoor Pool,Play Pool
  • Patio & porch: Covered,Patio
  • Exterior features: Other,Balcony,Private Yard,Storage
  • Spa features: None,Bath
  • Fencing: See Remarks,Other,Block
  • Has view: Yes
  • View description: Mountain(s)

Lot

  • Lot size: 2.04 Acres
  • Features: Corner Lot,Desert Back,Desert Front

Parking

  • Total spaces: 9
  • Parking features: Attached,Detached Garage,RV Gate,Garage Door Opener,Direct Access,Circular Driveway,Attch'd Gar Cabinets,Over Height Garage,Rear Vehicle Entry,RV Garage
  • Has garage: Yes
  • Attached garage spaces: 8
  • Covered spaces: 8
  • Has uncovered spaces: Yes
  • Uncovered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Hail
    HailModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Hail

FEMA Declared Disasters in Maricopa County and Arizona

Fire
Flood
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $29,580$354,960
Home Insurance $720$8,640
Property Taxes $2,145$25,740
Electricity $587$7,045
Total$33,032$396,384

Income You'd Need if You Spent...

35% on housing$1,132,525/yr
40% on housing$990,960/yr
45% on housing$880,853/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,055This listing

vs Other Active Listings

Avg $/sqft

ZIP 85253$1,097
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85253$880
Maricopa County$262

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-26Price change$5,850,000
2026-02-25Price change$6,495,000
2026-01-19Listed for sale$6,895,000

For Sale by Agent

AgentScott A Jarson
BrokerageAZArchitecture/Jarson & Jarson

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