$4,200,000

8031 N 54TH Street, Paradise Valley, AZ 85253

Listing Courtesy of Realty ONE Group

Description

INCREDIBLE OPPORTUNITY -INCOME GENERATING! Currently in use as short term rental. A ”Guest Favorite” w/4.88 stars! Can offset costs while designing and permitting your new home! An extraordinary 1.72-acre parcel in the heart of Paradise Valley, bordered by the Mtn Preserve and featuring what feels like your own private peak of Mummy Mtn. This unique hillside lot begins w/a generous flat approach, ideal for the primary residence and transitions into dramatic natural topography w/iconic rock outcroppings, all w/sweeping VIEWS of the Phx Mtn Preserve, city lights, and surrounding desert.The long, private driveway leads to a secluded build site nestled into the mtn-side, surrounded by lush, mature colorful desert flora African sumacs, eucalyptus, mesquites, 50ft palm, brilliant bougainvillea With no one above you and the Preserve as your neighbor, this is a wonderful opportunity to build a striking architectural estate in one of PV’s most coveted settings.