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2516 W PRAIANO Way, Phoenix, AZ, 85086
Prime Hillside Lot Opportunity

2516 W PRAIANO Way Phoenix, AZ 85086

For Sale
$500,000
Pending

LAND - Phoenix, AZ

Lot Size1.13 Acres
Days on Market93

Property Features for 2516 W PRAIANO Way

General Information

Property type Land
Property subtype Other
Zoning R-35
Standard status Pending
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

Utilities

Sewer type Public Sewer
Listing Agency: Realty ONE Group
Listed By: T. Wayne Cole
Added: Apr 28 Changed: Jul 28 Last Checked: Jul 29 at 7:06PM
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

Property Profile Location Intelligence

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Real Estate Agency Auto Repair Shop Big Box & Wholesale Store Pharmacy Kitchen & Bath Showroom

Zoning and permitted uses should be independently verified with authorities.

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 $500,000.
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.
More about this property
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