4800 E Valley Vista Lane, Paradise Valley, AZ 85253, Paradise Valley, 85253 - 3 bed, 4 bath
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Paradise Valley, AZ 85253
Analysis of 4800 E Valley Vista Lane, Paradise Valley, AZ 85253 is currently available with a list price of $2,495,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Paradise Valley Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1962 (62 years old) with no evidence of major renovations. The listing is explicitly marketed to builders and investors as a land/lot opportunity, sold 'as-is' for its 1.6+ acre value and views rather than the existing structure.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 70437, living area = 4428.
Situated just two blocks from Camelback Mountain, this 1.6-acre lot offers unobstructed, breathtaking views of Camelback Mountain, Mummy Mountain, and the Phoenix Mountain Preserve.
The property comes with city sewer already connected and has no HOA restrictions, significantly reducing development hurdles for builders looking to create a custom luxury estate.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =70437, other record lot size in square feet = 72832.
The current 1962 residence is sold in as-is condition and likely functions as a teardown, requiring the buyer to factor in the costs of demolition or a total gut renovation.
To realize the property's highest and best use, a buyer will need significant additional capital beyond the purchase price to construct a home that matches the surrounding ultra-luxury market.
Attention Builders & Investors: Exceptional 1.6+ acre Paradise Valley opportunity just two blocks from Camelback Mountain, featuring unobstructed, breathtaking views and city sewer already connected. Surrounded by ultra-luxury estates, including multiple new construction homes exceeding $10M and a neighboring teardown that recently sold for $3.97M. Enjoy panoramic views of Camelback Mountain, Mummy Mountain, and the Phoenix Mountain Preserve. The current residence is being sold as-is, with no HOA restrictions. Consider a rooftop deck to maximize the extraordinary sunset and city-light views. This is a rare chance to create a world-class estate in one of Arizona's most prestigious locations!! Also listed as Land/Lot.
No exterior & parking available.
Grades PK-6 • 2.5 mi
Grades 6-8 • 4.5 mi
Grades 9-12 • 3.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 4,428 | - |
| Lot Size | 70,437 | - |
| Price | $2.50M | $4.62M |
| Price per sq ft | $563 | $1.1K |
| Built year | 1962 | 0 |
| HOA | $0 | $0 |
| Days on market | 30 | 2902 |
Jun 22, 2026
$2,495,000
Initial Listing