6318 N 52ND Place, Paradise Valley, AZ 85253, Paradise Valley, 85253 - 4 bed, 4 bath
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Paradise Valley, AZ 85253
This property presents a High-Potential Investment Opportunity with a List Price of $4,300,000—positioned well below the $4,381,247 Fair Market Value by 1.8%. This valuation gap offers $81,247 in Instant Equity. Featuring a Condition Rating of 6, the existing 1949 structure serves as a teardown, allowing for the immediate development of full permitted plans by Chen + Suchart Studio. With unobstructed Camelback Mountain views and a 34,731 sqft lot, this is a premier acquisition for Luxury Developers or Custom Home Builders.
Property is land value only, full reconstruction required.
Built in 1949 (>50 years old) with no mention of significant renovations. The listing explicitly markets the property as a 'premium private lot' with 'full permitted plans,' indicating the value lies in the land and future development 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 = 34731, living area = 4053.
The property offers rare, unobstructed views of Camelback Mountain, providing a stunning natural backdrop that significantly enhances the long-term value and prestige of the location.
The inclusion of full permitted plans by the acclaimed Chen + Suchart Studio allows a buyer to bypass the lengthy design and approval process, significantly reducing the timeline for a custom luxury build.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4053, other record living area = 3034.
The $4.3M list price primarily covers the land and architectural plans, necessitating a substantial additional financial commitment from the buyer to complete the actual construction of the home.
With the original improvements dating back to 1949, the property is essentially a teardown, meaning the current structure provides little to no functional value for a modern luxury buyer.
Discover a once-in-a-lifetime opportunity to own this premium private lot with full permitted plans in the heart of Paradise Valley, offering breathtaking unobstructed views of Camelback Mountain. Designed by Chen + Suchart Studio, this unique property is truly one of a kind. Imagine endless sunsets beyond panoramic mountain vistas and starlit desert skies while enjoying the peace and privacy that Paradise Valley proper provides.
No exterior & parking available.
Grades PK-6 • 2.1 mi
Grades 6-8 • 4.1 mi
Grades 9-12 • 3.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 4,053 | - |
| Lot Size | 34,731 | - |
| Price | $4.30M | $4.62M |
| Price per sq ft | $1.1K | $1.1K |
| Built year | 1949 | 0 |
| HOA | $0 | $0 |
| Days on market | 6 | 2902 |
Jul 16, 2026
$4,300,000
Initial Listing