4 months on rocket

5850 E Glen Drive -/-/-, Paradise Valley, AZ, 85253

$6,500,000

8.76 Acres
Land

Location

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Property Highlights

Home TypeOther
MLS #6746439
Lot Size8.76 Acres
StatusActive

About 5850 E Glen Drive -/-/-

This extraordinary 8.75-acre property, designed by renowned architect The Construction Zone, is perched at the pinnacle of Mummy Mountain, offering an unparalleled living experience. Plans are currently in the approval process, and this remarkable estate is being offered prior to breaking ground. Buyer can hire The Construction Zone to build or hire their own builder. As you ascend the gated, private drive, you'll be greeted by jaw-dropping, panoramic views that stretch as far as the eye can see. The property boasts spectacular vistas of Camelback Mountain, and Downtown Phoenix, all framed by a breathtaking city lights in every direction. Savor majestic sunsets from the comfort of your luxurious backyard. Accessible from the south side of Mummy Mountain, the approach begins at Lincoln Drive. Head north on 60th Street and follow the path to the gate at Upper Glen Drive. From there, a short walk up the private road brings you to this unique and magnificent parcel. Don't miss this rare opportunity to own a piece of paradise in one of the most coveted locations in the Valley. Land with exceptional views is becoming scarce on the south side of Mummy Mountain in Paradise Valley. Very private and an incredible opportunity!

Property Details

Property Features

Listing Office:

  • Office Name: Russ Lyon Sotheby's International Realty
  • Office Phone: (480) 287-5200
  • Listing Agent: Marta Walsh, Matt Walsh

Lot Features

Lot Information:

  • Lot: Cul-De-Sac
  • Lot Size: 8.76 Acres

Other

Directions Information:

  • Directions: From Lincoln Dr: North on 60th St. West on Indian Bend Rd. North on 57th Pl. West on Glen Dr. East on upper Glen Dr to property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,500,000
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Housing Market Comparison

See how this home compares to others in Paradise Valley, AZ.

Med. Sold Price

$3.1M

Med. Price/SqFt

$717

Avg. Days On Market

72

# of Sold Homes

26

5850 E Glen Drive -/-/- vs Paradise Valley

123 DAYS ON ROCKET

+51 Days

$6,500,000

+$3.3M More

KEY TAKEAWAY

This property is $3.3M more than the Median Sold Price in Paradise Valley, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6746439

Listing Office:

  • Office Name: Russ Lyon Sotheby's International Realty
  • Office Phone: (480) 287-5200
  • Listing Agent: Marta Walsh, Matt Walsh

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: 12/22/2024, 9:21:03 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$32.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$19.5K

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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-932878
10
/10
  • Cherokee Elementary School

  • 8801 N 56th St

  • 1.76 miles

  • Public District Grades EE-5

school-card-donut-932879
9
/10
  • Kiva Elementary School

  • 6911 E McDonald Dr

  • 1.82 miles

  • Public District Grades PK-5

school-card-donut-932880
9
/10
  • Pueblo Elementary School

  • 6320 N 82nd St

  • 2.95 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $137,813. The majority of Paradise Valley, AZ residents have income $200k+ annually. Most families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5850 E Glen Drive -/-/-

What is the listing price of this property?

The listing price of 5850 E Glen Drive -/-/- property is $6,500,000.

What type of property is this?

The property 5850 E Glen Drive -/-/- is land located in Paradise Valley, Arizona, 85253.

Is this property for sale now?

Active Listing: 5850 E Glen Drive -/-/- is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 5850 E Glen Drive -/-/- is 8.76 acres.
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Rocket Homes›Arizona›Maricopa County›Paradise Valley›85253›5850 E Glen Drive -/-/-

This home is located at 5850 E Glen Drive -/-/- in Paradise Valley, AZ and zip code 85253 in the Club Estates neighborhood. This home sits on a 8.76 acre lot. It has been listed on Rocket Homes since August 20, 2024 and is currently priced at $6,500,000.

In November 2024, from all listings sold in Paradise Valley, AZ there were more than 0 sold above asking price, over 19 sold below and more than 7 were sold right at the asked price. The inventory of homes for sale in Paradise Valley, AZ between October 2024 and November 2024 increased by 9.4%. The median list price of listings available in November 2024 was $3,187,500, while the average time on the real estate market was 72 days.

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

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