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.
For sale
$24,000,000
5500 N Dromedary Rd, Phoenix, AZ 85018
1beds
4,641sqft
Est.:
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
- 64 days |
- 3,537 |
- 105 |
Zillow last checked: 8 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#: 6950226

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
Features
- Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
- Flooring: Carpet, Stone
- Has basement: No
- Has fireplace: Yes
- 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: 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: 65 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/21/2025 | Listed for sale | $24,000,000-20%$5,171/sqft |
Source: | ||
| 9/9/2025 | Listing removed | $30,000,000$6,464/sqft |
Source: | ||
| 11/8/2024 | Listed for sale | $30,000,000$6,464/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$135,856/mo
Principal & interest
$119256
Home insurance
$8400
Property taxes
$8200
Climate risks
Neighborhood: Camelback East
Nearby schools
GreatSchools rating
- 8/10Hopi Elementary SchoolGrades: K-5Distance: 1.1 mi
- 6/10Echo Canyon K-8Grades: PK-8Distance: 1.5 mi
- 8/10Arcadia High SchoolGrades: 9-12Distance: 1.5 mi
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.



