1 month on rocket

5500 N Dromedary Rd, Phoenix, AZ, 85018

$30,000,000

1 Bedroom
3 Baths
4,641 SqFt
$6,464/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
Year Built1970
HeatingNatural Gas
Fireplace2 Fireplace, Exterior Fireplace, Gas
ViewMountain(s)
Private PoolYes
MLS #6781148
Lot Size23.66 Acres
StatusActive

About 5500 N Dromedary Rd

Iconic Camelback Mountain Estate: A Once-in-a-Lifetime Opportunity. Perched on the side of the iconic Camelback Mountain, this extraordinary estate is a rare gem, offering a more than 180-degree view of the valley below, Camelback Mountain to the rear and is known for its storied history as the infamous ''Merry Christmas House,'' this property has been lovingly owned by the same family for decades and is now ready for its next chapter. Home was built in the 1970s, the original 4,661-square-foot residence exudes the timeless design influence of Frank Lloyd Wright, with its bold integration into the natural surroundings, expansive use of glass, and subtle stone accents that capture the essence of desert living. The home's organic architecture and stunning panoramic views create a tranquil, private sanctuary, while the layout offers a seamless blend of indoor and outdoor living. Set on a generous 23.66 acres, this remarkable property also boasts incredible potential for future development, with subdividable land offering the opportunity for up to 4 parcels. The possibilities are endless, from creating a family compound to building multiple luxury estates. Additionally, a potential floorplan and site plan designed by the renowned architect Mark Candelaria are available, allowing you to bring your vision to life. With its prime location, iconic status, and incredible potential, this estate is truly one of a kindan opportunity that will not come again. The property is privately gated, ensuring seclusion and security while being just moments away from the heart of the city. Whether you choose to preserve the legacy of the existing home or create something new, this is a once-in-a-lifetime chance to own a piece of history on one of Arizona's most sought-after mountain peaks. Don't miss out on this unparalleled opportunity.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1970
  • Stories: 1
  • Living Area: 4,641 SqFt

Listing Office:

  • Office Name: RETSY
  • Office Phone: (602) 842-0000
  • Listing Agent: Rebecca Clayton, Lara Broadrick

Interior Features

Interior Information:

  • Flooring Type: Carpet, Stone
  • Interior: Upstairs, Eat-in Kitchen, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, Granite Counters
  • Fireplace: 2 Fireplace, Exterior Fireplace, Gas

Bedroom and Bathroom Information:

  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Mountain(s)

Lot Features

Lot Information:

  • Lot: Desert Back, Desert Front
  • Lot Size: 23.66 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas

Other

Directions Information:

  • 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.

Price Information

Listing Price Info

Price Summary:

  • List Price: $30,000,000
  • Price Per SqFt: $6,464/SqFt

Tax Information:

  • Annual Amount: $15,860
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Phoenix, AZ.

Med. Sold Price

$452.3K

Med. Price/SqFt

$285

Avg. Days On Market

63

# of Sold Homes

1138

5500 N Dromedary Rd vs Phoenix

43 DAYS ON ROCKET

-20 Days

$30,000,000

+$29.5M More

$6,464/SqFt

+$6.1K More

KEY TAKEAWAY

This property is $29.5M more than the Median Sold Price and $6.1K/SqFt more than other homes in Phoenix, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6781148

Listing Office:

  • Office Name: RETSY
  • Office Phone: (602) 842-0000
  • Listing Agent: Rebecca Clayton, Lara Broadrick

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:56:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$15,860$243,332
2020$15,617$242,048
2019$17,876$181,658
2017$18,605$208,786

History based on county public records data.

Payment Calculator

$149.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$90K

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-862720
9
/10
  • Hopi Elementary School

  • 5110 E Lafayette Blvd

  • 1.02 miles

  • Public District Grades KG-5

school-card-donut-862721
5
/10
  • Tavan Elementary School

  • 4610 E Osborn Rd

  • 1.75 miles

  • Public District Grades PK-5

school-card-donut-862722
9
/10
  • Kiva Elementary School

  • 6911 E McDonald Dr

  • 2.24 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $181,944. The most common annual income of people living in Phoenix, AZ is $200k+. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5500 N Dromedary Rd

What is the listing price of this property?

The listing price of 5500 N Dromedary Rd property is $30,000,000.

What type of property is this?

The property 5500 N Dromedary Rd is a house located in Phoenix, Arizona, 85018.

Is this property for sale now?

Active Listing: 5500 N Dromedary Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $15,860 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5500 N Dromedary Rd has 1 bedroom and 3 bathrooms.

What is the square footage of this property?

The property 5500 N Dromedary Rd is 4,641 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5500 N Dromedary Rd is 1970.
Rocket Homes logo

Interested in 5500 N Dromedary Rd? Let's connect.

Let Us Contact You

By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.


Rocket Homes›Arizona›Maricopa County›Phoenix›85018›5500 N Dromedary Rd

This home is located at 5500 N Dromedary Rd in Phoenix, AZ and zip code 85018 in the Camelback Mountain neighborhood. This 4,641 square foot home, which was built in 1970, sits on a 23.66 acre lot. Features: 1 bedroom, 3 bathrooms. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $30,000,000.

In November 2024 more than 201 listings in Phoenix, AZ were sold above the asking price. During the same period more than 301 listings were sold at asking price, while more than 636 were sold below. In November 2024 in Phoenix, AZ there were 1.4% less homes for sale than in October 2024. Listings spent 63 days on the market in November 2024, and had a median list price of $452,345 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More Resources