November 23, 2024 11:43 am
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FOR SALE: Paradise Valley’s ‘last and largest blue chip’ residential parcel

Photo via Realtor.com

By Kevin Stone | KTAR

PHOENIX – The largest undeveloped residential parcel left in the high-end enclave of Paradise Valley was listed last week with an asking price of $55 million.

The 27-acre plot, which is located on the west side of 54th Street between Desert Jewel Drive and Desert Park Lane, looks like a P with the top of the letter to the north.

It’s flat piece of land with mountain views in three directions, Mummy Mountain to the east, Camelback Mountain to the south and Phoenix Mountains Preserve to the west.

A family has owned the site for years, leaving it in its natural state, according to the listing on Realtor.com.

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