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Biltmore Land Opportunity in Phoenix
For Sale
$2,280,000

5516 N 24th Street, Phoenix, AZ 85016

Land, Phoenix, AZ

Property SizeContact for details
Lot Size0.80 Acres
Days on Market327

Property Features for 5516 N 24th Street

General Information

Property type Land
Property subtype Other
Zoning R35
Fencing Chain Link
Subdivision San Souci
Lot features East/ West Exposure
Elementary school Madison Rose Lane School
Middle school Madison #1 Elementary School
High school Camelback High School
Elementary school district Madison Elementary District
Middle school district Phoenix Union High School District
High school district Phoenix Union High School District
Directions Head South from Lincoln on 24th Street. Property is on West side of 24th Street just before Missouri.
Standard status Active
APN 164-46-001-D
Lot size 0.80 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4941

Utilities

Sewer type Public Sewer
Listing Agency: Realty ONE Group
Listed By: Jonathan Budwig · License #SA643472000
Added: Oct 17, 2025 Changed: Aug 28 Last Checked: Sep 8 at 12:06PM
MLS# 6935143

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 34,989 sq ft parcel presents an exceptional opportunity to build a custom estate at the gateway to the Biltmore area of Phoenix. Positioned in a sought-after location, the property is near Biltmore Fashion Park, offering access to fine dining, upscale shopping, and elite fitness clubs. The location provides convenient access to Sky Harbor Airport, downtown Phoenix, and premier golf courses. This property is zoned R35 and is suitable for a modern retreat or luxury residence.

Key Highlights

  • Prime Biltmore Location: Highly desirable and prestigious area.
  • Large Parcel Size: 34,989 sq ft, offering ample space for a custom estate.
  • Proximity to Biltmore Fashion Park: Steps away from fine dining and upscale shopping.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Bakery Daycare Center Grocery & Convenience Store Dental Office Auto Parts Store

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

839
Businesses Nearby

Demographics for 85016, AZ

37,326
Population
21,363
Households
1.7
Avg Household Size
38
Median Age
50%
College-Educated
94%
High-School Grad
8.2 sq mi
ZIP Area
4,552
Density / Sq Mi
$85,085
Median Household Income
$53,781
Median Earnings
$1,575
Median Rent
$508,400
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 - Rare chance to build a dream estate in Biltmore.
Where is this land located?
The property is located at 5516 N 24th Street Phoenix, AZ.
What is the asking price?
The asking price for this property is $2,280,000.
What are key features of this property?
This property features: Prime Biltmore Location: Highly desirable and prestigious area.; Large Parcel Size: 34,989 sq ft, offering ample space for a custom estate.; Proximity to Biltmore Fashion Park: Steps away from fine dining and upscale shopping.
More about this property
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