Corner Hillside Home Building
For Sale
$500,000
2516 W PRAIANO Way -, Phoenix, AZ 85086
1.13-acre gated hillside corner lot with site work completed and utilities in place for a custom multi-level or walk-out home.
Property SizeContact for details
Lot Size1.13 Acres
Days on Market117
Property Features for 2516 W PRAIANO Way -
General Information
Standard status
Active
Lot size
1.13 Acres
Property subtype
Lots/Land
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$1,956
Listing Agency:
Realty ONE Group
(602) 600-0106
Listed By:
T. Wayne Cole · License #SA656276000
(602) 600-0106
Source:
Exitrealty
Added: Apr 30
Changed: Aug 8
Last Checked: Jun 30 at 8:02PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty ONE Group
Investment Insights
Based on property information with market context.
This is an exceptional 1.13-acre corner hillside lot in the gated Ponticello at Tramonto community, designed to support a luxury custom build. Major development work has already been completed, including excavation, hard dig, and retaining wall, which can streamline the path to construction. Prior city hillside and building permits were previously approved, and the seller’s custom home plans and permits are included. City utilities are on site, including water, sewer, natural gas, and underground electric.
The property sits within a gated enclave of high-end custom homes. The hillside setting is intended to capture panoramic mountain and city-light views. Residents can also access Tramonto HOA amenities, including pools, tennis courts, playgrounds, and walking trails. The location is described as being near Boulder Creek schools, shopping and dining, with quick access to I-17.
For builders and custom-home buyers, the combination of completed site work, included plans/permits, and on-site utilities can help reduce early-stage uncertainty and enable a faster move toward vertical construction. The hillside configuration and corner positioning support a multi-level or walk-out design approach, depending on the finished home layout desired.
The property sits within a gated enclave of high-end custom homes. The hillside setting is intended to capture panoramic mountain and city-light views. Residents can also access Tramonto HOA amenities, including pools, tennis courts, playgrounds, and walking trails. The location is described as being near Boulder Creek schools, shopping and dining, with quick access to I-17.
For builders and custom-home buyers, the combination of completed site work, included plans/permits, and on-site utilities can help reduce early-stage uncertainty and enable a faster move toward vertical construction. The hillside configuration and corner positioning support a multi-level or walk-out design approach, depending on the finished home layout desired.
Key Highlights
- 1.13‑acre gated corner hillside lot in Ponticello at Tramonto with panoramic mountain and city‑light views
- Major site work completed, including excavation, hard dig, and retaining wall
- Prior city hillside and building permits approved; seller’s custom home plans and permits included
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
39
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 1.13-acre gated hillside corner lot with site work completed and utilities in place for a custom multi-level or walk-out home.
Where is this residential land & home lot located?
The property is located at 2516 W PRAIANO Way - Phoenix, AZ.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 1.13‑acre gated corner hillside lot in Ponticello at Tramonto with panoramic mountain and city‑light views; Major site work completed, including excavation, hard dig, and retaining wall; Prior city hillside and building permits approved; seller’s custom home plans and permits included
