
Phoenix, AZ 85018
This Frank Lloyd Wright-inspired estate represents a High-Potential Investment Opportunity with a List Price of $2,600,000, aligning perfectly with its $2,600,000 Fair Market Value. Currently holding a Fair Condition Rating, this 1976 "time capsule" sits on a massive 1.13-acre lot at the base of Camelback Mountain. The property offers unparalleled mountain and city light views, serving as a premier Value-Add Asset for forced appreciation through high-end renovation. It is an ideal acquisition for Luxury Developers or Restoration Specialists looking to create a mountainside masterpiece near The Global Ambassador.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5275 N Camelhead Road Subject | $2,600,000* List Price | 5 | 5 | 5,563 | $467 | - |
A 4926 E RED ROCK Drive Sold | $2,970,000 List Price | 3 | 5 | 5,500 | 0.2 mi | |
B 5135 E PALOMINO Road Sold | $1,895,000 List Price | 5 | 5 | 4,805 | 0.7 mi | |
C 4902 E EXETER Boulevard Sold | $3,100,000 List Price | 6 | 7 | 7,699 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1976, this property is a classic 'time capsule' that appears to have been maintained but not significantly updated in decades. While the kitchen includes some newer stainless steel appliances like a Sub-Zero refrigerator and modern dishwasher, the cabinetry, lighting fixtures, and overall interior finishes are dated and reflect the original construction era. The listing description explicitly identifies the home as a candidate for restoration or a complete reimagining, which aligns with the 'fair' condition of being functional but aesthetically and technologically outdated.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 49450, living area = 5563.
Nestled at the base of Camelback Mountain, this property offers a rare combination of rugged mountain vistas and sweeping downtown Phoenix city light views from a highly coveted subdivision.
With over 5,500 square feet of Frank Lloyd Wright-inspired design on a massive 1.13-acre lot, the property serves as a premier canvas for a high-end restoration or a complete luxury reimagining.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =49450, other record lot size in square feet = 38315.
Built in 1976 and marketed as a restoration opportunity, the home likely requires a significant capital investment to update its systems and finishes to modern luxury standards.
The secluded mountainside topography and large lot size can lead to higher-than-average maintenance costs and potential complexities regarding landscaping and site accessibility.
Nestled at the base of Camelback Mountain's iconic ''Camel's Head,'' this unique property offers an unparalleled opportunity to create a masterpiece in one of Phoenix's most coveted locations. With breathtaking views of the rugged mountain landscape from one side and sweeping downtown Phoenix city lights from the other, the setting is truly spectacular. This home, inspired by the timeless design principles of Frank Lloyd Wright, is ready to be lovingly restored to its architectural roots or completely reimagined like many of the surrounding luxury estates. Perched in a secluded mountainside setting, it offers the best of both worlds—serene privacy and the convenience of being less than a mile from The Henry, The Global Ambassador, AJ's Fine Foods, and a wealth of top-tier shopping
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades 6-8 • 1.9 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 81% |
| Baths | 5.0 | 3.0 | 80% |
| Square foot | 5,563 | 2,715 | 93% |
| Lot Size | 49,450 | 9,936 | 98% |
| Price | $2.60M | $1.20M | 83% |
| Price per sq ft | $467 | $471 | 50% |
| Built year | 1976 | 1961 | 61% |
| HOA | $100 | $0 | 89% |
| Days on market | 165 | 1537 | 15% |
Nov 12, 2025
$2,600,000
Initial Listing