5635 E LINCOLN Drive 34, Paradise Valley, AZ 85253, Paradise Valley, 85253 - 4 bed, 4 bath
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Paradise Valley, AZ 85253
Analysis of 5635 E LINCOLN Drive 34, Paradise Valley, AZ 85253 is currently available with a list price of $2,150,000. 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.
The listing explicitly states that the current home is not habitable and is being marketed as a 'to be built' opportunity or vacant land. While architectural plans and permits for a new 3,181 sf luxury home are included, the existing structure is intended for demolition to make way for new construction.
The property includes architectural plans by Kontexture and active Town of Paradise Valley permits, allowing the buyer to bypass the typically lengthy and complex approval process to begin construction immediately.
The site offers stunning, unobstructed views of Camelback Mountain, a premier feature that significantly enhances the property's luxury appeal and long-term investment value.
Situated in the prestigious guard-gated community of Mountain Shadows East, providing an elite level of security, privacy, and neighborhood prestige in a prime Paradise Valley location.
The existing structure is not habitable, meaning the buyer must commit to a full construction project and cannot occupy the property for a significant period.
With an association fee of $2,580, the property incurs substantial monthly or quarterly holding costs that must be paid throughout the duration of the construction phase.
To be built by new owner! This'' to be built'' home can be yours at the exclusive guard gated community of Mountain Shadows East. Designed by Kontexture Architects, this home comes complete with plans for a 3181 sf, 4 bedroom, 4 bathroom home, great room /kitchen open concept floor plan with stunning Camelback views. Town of Paradise Valley permit in place for plans for this home. Fabulous opportunity to own and build in this special community. The current home is not habitable and is also to listed as vacant land.
No exterior & parking available.
Grades PK-6 • 1.6 mi
Grades 6-8 • 3.6 mi
Grades 9-12 • 3.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 3,181 | 4,661 | 22% |
| Lot Size | 10,618 | 43,984 | 7% |
| Price | $2.15M | $2.50M | 45% |
| Price per sq ft | $676 | $676 | 50% |
| Built year | 2025 | 1983 | 96% |
| HOA | $2580 | $0 | 92% |
| Days on market | 133 | 2511 | 1% |
Dec 10, 2025
$2,150,000
Initial Listing