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Camelback Mountain Land Opportunity
For Sale
$24,000,000

5500 N DROMEDARY Road, Phoenix, AZ 85018

LAND - Phoenix, AZ

Property SizeContact for details
Lot Size23.66 Acres
Days on Market101

Property Features for 5500 N DROMEDARY Road

General Information

Property type Land
Property subtype Other
Zoning RE-35
Lot features East/ West Exposure, Guarded Entry, North/ South Exp, Borders Pres/ Pub Lnd
View City, Desert
Elementary school Hopi Elementary School
Middle school Ingleside Middle School
High school Arcadia High School
Elementary school district Scottsdale Unified District
Middle school district Scottsdale Unified District
High school district Scottsdale Unified District
Directions From Camelback Rd and Arcadia Drive head W on Camelback. Turn North on Dromedary Rd. Follow the rd up into the mountain until the road narrows. Do not go up drive unaccompanied, gated half way up.
Standard status Active
APN 172-49-047-D
Lot size 23.66 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description ARCADIA REPLAT MCR 15/49 PT BLOCK V & PT OBRIENS CAMELBACK LANDS EX P/D 10710/1134 & EX P/D 9950/643
Tax Annual Amount 17144
Legal Description ARCADIA REPLAT MCR 15/49 PT BLOCK V & PT OBRIENS CAMELBACK LANDS EX P/D 10710/1134 & EX P/D 9950/643

Utilities

Sewer type Septic Tank

Building Details

Additional Structures Residence
Listing Agency: Compass
Listed By: Robert E Joffe · License #BR029057000
Added: May 15 Changed: Aug 2 Last Checked: Aug 23 at 10:06AM
MLS# 7028880

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 23.66-acre property, located on the south slope of Camelback Mountain in Phoenix, Arizona, offers sweeping views of the entire Valley. It is one of the last remaining buildable lots on the mountain, presenting opportunities to subdivide into as many as 4 separate parcels, build a family compound, or maintain the current property. The existing 4,661 square-foot residence, originally built in the 1950s, features a midcentury modern design influenced by Frank Lloyd Wright. The gated estate property combines privacy, panoramic vistas, and building flexibility. The property offers opportunities to preserve, expand, or completely transform the existing structure. Conceptual floorplan and site plan designs by architect Mark Candelaria are available for inspiration. The property is zoned RE-35 and located in Maricopa County.

Key Highlights

  • Sweeping panoramic views of the entire Valley.
  • 23.66‑acre property on Camelback Mountain, one of the last remaining buildable lots.
  • Subdivision potential: divide into as many as 4 separate parcels.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Restaurant Building Supply Auto Repair Shop Real Estate Agency Dental Office Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

71
Businesses Nearby

Demographics for 85018, AZ

37,944
Population
19,487
Households
1.9
Avg Household Size
40
Median Age
57%
College-Educated
92%
High-School Grad
15.1 sq mi
ZIP Area
2,513
Density / Sq Mi
$87,637
Median Household Income
$58,555
Median Earnings
$1,411
Median Rent
$805,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - 23.66-acre property with sweeping views and building flexibility.
Where is this land located?
The property is located at 5500 N DROMEDARY Road Phoenix, AZ.
What is the asking price?
The asking price for this property is $24,000,000.
What are key features of this property?
This property features: Sweeping panoramic views of the entire Valley.; 23.66‑acre property on Camelback Mountain, one of the last remaining buildable lots.; Subdivision potential: divide into as many as 4 separate parcels.
More about this property
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