Prime Hillside Lot
For Sale
$450,000
2516 W PRAIANO Way, Phoenix, AZ 85086
Land, Phoenix, AZ
Property SizeContact for details
Lot Size1.13 Acres
Days on Market158
Property Features for 2516 W PRAIANO Way
General Information
Property type
Land
Property subtype
Other
Zoning
R-35
Subdivision
TRAMONTO PARCEL E1
Lot features
Corner Lot, Gated Community, Guarded Entry, North/ South Exp
View
Desert, City
High school
Boulder Creek High School
Elementary school district
Deer Valley Unified District
Middle school district
Deer Valley Unified District
High school district
Deer Valley Unified District
Standard status
Active
APN
203-25-700
Lot size
1.13 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 23 TRAMONTO PARCEL E1 MCR 073924
Tax Annual Amount
1956
HOA Fee
$1,288 Semi-Annually
Legal Description
LOT 23 TRAMONTO PARCEL E1 MCR 073924
Utilities
Sewer type
Public Sewer
Listing Agency:
Realty ONE Group
(623) 236-1414
Listed By:
T. Wayne Cole · License #SA656276000
(602) 600-0106
Added: Apr 28
Changed: Sep 24
Last Checked: Oct 2 at 3:06AM
MLS# 7020514
Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1.13-acre corner hillside lot is located in the gated Ponticello at Tramonto community in Phoenix, Arizona. The property offers panoramic mountain and city-light views and presents an opportunity for building a luxury multi-level or walk-out custom home. Major development work has been completed, including excavation, hard dig, and a retaining wall. City hillside and building permits were previously approved. The seller's custom home plans and permits are included. All city utilities are on site, including water, sewer, natural gas, and underground electric. The location provides access to Tramonto amenities, Boulder Creek schools, nearby shopping and dining, and quick I-17 access. The hillside lot offers design potential with views, suitable for a luxury multi-level or walk-out design. Builders can deliver a finished product in a community with resale demand. Tramonto HOA amenities include pools, tennis courts, playgrounds, and walking trails. The groundwork is complete, allowing for immediate building.
Key Highlights
- 1.13‑acre corner hillside lot with panoramic mountain and city‑light views.
- Located in gated Ponticello at Tramonto, a desirable enclave of high‑end estates.
- Major development work complete: excavation, hard dig, and retaining wall.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
23
Businesses Nearby
Explore this area
Business Placement
Demographics for 85086, AZ
43,223
Population
17,213
Households
2.5
Avg Household Size
45
Median Age
42%
College-Educated
97%
High-School Grad
61.3 sq mi
ZIP Area
705
Density / Sq Mi
$118,543
Median Household Income
$62,626
Median Earnings
$2,177
Median Rent
$554,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Land - 1.13-acre corner lot with panoramic views in gated community.
Where is this land located?
The property is located at 2516 W PRAIANO Way Phoenix, AZ.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 1.13‑acre corner hillside lot with panoramic mountain and city‑light views.; Located in gated Ponticello at Tramonto, a desirable enclave of high‑end estates.; Major development work complete: excavation, hard dig, and retaining wall.
