5500 N DROMEDARY Road, Phoenix, AZ, 85018
About This Home
The famous MERRY CHRISTMAS house can now be yours! Perched high above the city atop the south slope of Camelback Mountain, the 23.66-acre property has the most exquisite sweeping views of the entire Valley below. This is one of the last remaining buildable lots on the mountain with unlimited possibilities; subdivide into as many as 4 separate parcels, build a family compound, or leave the current property; all are special opportunities. The existing 4,661square-foot residence, originally built in the 1950s, and influenced by world renown Frank Lloyd Wright has an impressive midcentury modern vibe. Privately gated and surrounded by the beauty of the desert, this estate property combines ultimate privacy, panoramic vistas, and building flexibility. Whether preserved, expanded, or completely The famous MERRY CHRISTMAS house can now be yours! Perched high above the city atop the south slope of Camelback Mountain, the 23.66-acre property has the most exquisite sweeping views of the entire Valley below. This is one of the last remaining buildable lots on the mountain with unlimited possibilities; subdivide into as many as 4 separate parcels, build a family compound, or leave the current property; all are special opportunities. The existing 4,661square-foot residence, originally built in the 1950s, and influenced by world renown Frank Lloyd Wright has an impressive midcentury modern vibe. Privately gated and surrounded by the beauty of the desert, this estate property combines ultimate privacy, panoramic vistas, and building flexibility. Whether preserved, expanded, or completely transformed, this is a once-in-a-lifetime chance to own a piece of Arizona history sitting on one of its most iconic mountain peaks. You will literally be king of the mountain! Conceptual floorplan and site plan designs by architect Mark Candelaria are available for inspiration.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1950
Materials
- Roof: Foam
- Construction materials: Painted,Stone,Block
Type & Style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Refrigerator
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Features
- Pantry,Granite Counters,Double Vanity,Upstairs,Eat-in Kitchen,Kitchen Island,Full Bth Master Bdrm,Separate Shwr & Tub
- Flooring: Carpet,Stone
- Number of fireplaces: 2
- Fireplace features: Exterior Fireplace,Gas
- Fireplace: Yes
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 4,641
- Total interior livable area: 4,641 sqft
Property
Details
- Parcel number: 17249047D
Features
- Stories: 1
- Private pool: Yes
- Pool features: Diving Pool
- Spa features: None,Bath
- Fencing: None,Wrought Iron
- Has view: Yes
- View description: Mountain(s)
Lot
- Lot size: 23.66 Acres
- Features: North/South Exposure,Hillside Lot,Borders Preserve/Public Land,Desert Back,Desert Front,Natural Desert Back,Grass Back,Natural Desert Front,Irrigation Back
Parking
- Total spaces: 9
- Parking features: Carport,Open
- Covered spaces: 3
- Has uncovered spaces: Yes
- Uncovered spaces: 6
- Carport: Yes
- Carport spaces: 3
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
- Hail
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters in Maricopa County and Arizona
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $121,357 | $1,456,284 |
| Home Insurance | $3,851 | $46,212 |
| Property Taxes | $8,800 | $105,600 |
| Electricity | $491 | $5,897 |
| Total | $134,499 | $1,613,988 |
Income You'd Need if You Spent...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-22 | Listed for sale | $24,000,000 |
| 2026-04-30 | Listing removed | $24,000,000 |
| 2025-11-21 | Listed for sale | $24,000,000 |
| 2025-09-09 | Listing removed | $30,000,000 |
| 2024-11-08 | Listed for sale | $30,000,000 |
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