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For sale
  • $24,000,000

    5500 N DROMEDARY Road, Phoenix, AZ 85018

    1beds
    4,641sqft
    : 
    Single Family Residence
    Built in 1950
    23.66 Acres Lot
    $-- Zestimate®
    $5,171/sqft
    $-- HOA

    What's special

    Panoramic vistasStone accentsPrivate sanctuaryExpansive glass wallsOrganic architecture
    Iconic Camelback Mountain Estate: A Rare, Once-in-a-Lifetime Buildable Opportunity Perched on the slopes of the iconic Camelback Mountain, this extraordinary 23.66-acre estate represents one of the last and most significant buildable properties on the mountain. Offering more than 180 degrees of sweeping valley views—with Camelback's dramatic cliffs rising behind—the property is known throughout the community as the celebrated ''Merry Christmas House.'' Cherished by the same family for decades, it now awaits its next remarkable chapter. The existing 4,661-square-foot residence, originally built in the 1950s, reflects the timeless influence of Frank Lloyd Wright. Organic architecture, expansive glass walls, stone accents, and a seamless blend of indoor and outdoor living create a tranquil private sanctuary that feels both grounded in the landscape and elevated above the city lights. Beyond its architectural legacy, the property's 23.66 acres offer exceptional potential for future development, including the opportunity to subdivide into up to four parcels. Whether envisioning a family compound, multiple luxury estates, or reimagining the existing residence, the possibilities are unparalleled. Conceptual floorplan and site plan designs by renowned architect Mark Candelaria are also available to inspire your vision. Privately gated and surrounded by natural desert beauty, this estate combines unmatched privacy, panoramic vistas, and rare development flexibilityall just minutes from the heart of the city. Whether preserved, expanded, or completely transformed, this is a truly once-in-a-lifetime chance to own a piece of Arizona history on one of its most iconic mountain peaks.
    135 days
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    3,594
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    79
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    Zillow last checked: 7 hours ago

    Listing updated: November 21, 2025 at 11:25am

    Listed by:

    Rebecca Hoyt 602-799-8229,

    RETSY,

    Shawna Warner 602-743-7006,

    RETSY

    Source: ARMLS,MLS#: 6950226MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Heating
      • Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Refrigerator
      Features
      • Pantry, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
      • Flooring: Carpet, Stone
      • Has basement: No
      • Number of fireplaces: 2
      • Fireplace features: Exterior Fireplace, Gas
      Interior area
      • Total structure area: 4,641
      • Total interior livable area: 4,641 sqft

      Property

      Parking
      • Total spaces: 9
      • Parking features: Carport, Open
      • Carport spaces: 3
      • Uncovered spaces: 6
      Features
      • Stories: 1
      • Has private pool: Yes
      • Pool features: Diving Pool
      • Spa features: None, Bath
      • Fencing: None,Wrought Iron
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 23.66 Acres
      • Features: North/South Exposure, Hillside Lot, Borders Preserve/Public Land, Desert Back, Desert Front, Natural Desert Back, Grass Back, Natural Desert Front, Irrigation Back
      Details
      • Parcel number: 17249047D

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Single Family Residence
      Materials
      • Painted, Stone, Block
      • Roof: Foam
      Condition
      • Year built: 1950

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: City Water

      Community & HOA

      HOA
      • Has HOA: No
      • Services included: No Fees
      Location
      • Region: Phoenix

      Financial & listing details

      • Price per square foot: $5,171/sqft
      • Tax assessed value: $4,569,100
      • Annual tax amount: $17,144
      • Date on market: 11/21/2025
      • Cumulative days on market: 135 days
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        11/21/2025Listed for sale$24,000,000-20%$5,171/sqft
        Source: ARMLS #6950226 Report a problem
        9/9/2025Listing removed$30,000,000$6,464/sqft
        Source: ARMLS #6781148 Report a problem
        11/8/2024Listed for sale$30,000,000$6,464/sqft
        Source: ARMLS #6781148 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$17,036 +4.9%$475,186 +11.2%
        2024$16,244 +2.1%$427,294 +118.5%
        2023$15,908 +4.1%$195,570 -31.7%
        2022$15,281 -2.2%$286,356 +17.7%
        2021$15,617 -8.3%$243,332 +0.5%
        2020$17,024 -4.8%$242,048 +33.2%
        2019$17,877 $181,658 -3.7%
        2018$17,877 -3.9%$188,617 -9.7%
        2017$18,605 +11.3%$208,786 -4.7%
        2016$16,716 +2.9%$219,060 +1.5%
        2015$16,242 $215,818 +22.3%
        2014-- $176,521 +14.7%
        2013-- $153,869 -2%
        2012-- $157,014 -25.3%
        2011-- $210,192 -21.8%
        2010-- $268,746 +3.4%
        2009-- $259,828 +19.1%
        2008-- $218,184 +16.5%
        2007-- $187,270 -49.1%
        2006-- $367,990
        2005-- $367,990 -11.9%
        2004-- $417,474
        2003-- $417,474 +28.3%
        2002-- $325,381

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $127,043/mo
        Principal & interest
        $118843
        Property taxes
        $8200
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          Climate risks

          Neighborhood: Camelback East

          Getting around

          12 / 100
          Car-Dependent
          30 / 100
          Some Transit
          8 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Hopi Elementary School
          • Middle: Ingleside Middle School
          • High: Arcadia High School
          • District: Scottsdale Unified District

          Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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