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$500,000
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Property Description
Exceptional 1.13-acre corner hillside lot in gated Ponticello at Tramonto with panoramic mountain and city-light views, offering a rare opportunity to build a luxury multi-level or walk-out custom home in one of North Phoenix's most desirable enclaves of high-end estates. Major development work is already complete, including excavation, hard dig, and retaining wall, with prior city hillside and building permits previously approved--saving valuable time, cost, and uncertainty. Seller's custom home plans and permits are included. All city utilities are on site: water, sewer, natural gas, and underground electric. Enjoy Tramonto amenities, Boulder Creek schools, nearby shopping, dining, and quick I-17 access. hillside lot offers exceptional design potential with panoramic mountain and city-light views, perfect for a luxury multi-level or walk-out design. Located in a gated enclave of high-end custom homes, builders can deliver a standout finished product in a prestigious community with strong resale demand. *Enjoy access to Tramonto HOA amenities including pools, tennis courts, playgrounds, and walking trails, plus proximity to top-rated Boulder Creek schools, shopping, dining, and I-17 access. *All the groundwork is done - start building right away and bring your next showcase home to life.
Full Property Details
Full Property Details for 2516 W Praiano Way #-
General
- Price: $500,000
- HOA FEE: $215/month
- HOA FEE FREQ.: Semi-Annually
- Taxes: $1,956 (2025)
- Status: Active
- Type: Lots/Land
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7020514
- Updated: 4/28/2026
- Added to Site: 7 day(s) ago
Location
- County: Maricopa
- Township: 5N
- Subdivision: TRAMONTO PARCEL E1
- Cross Streets: Carefree Hwy & 23rd Lane
Community
- Association: Yes
- Assoc. Name: AAM Property Mngmnt
Utilities
- Dist. to Gas: On Property
- Dist. to Electric: On Property
- Dist. to Sewer: On Property
- Water: City Franchise
- Dist. to Water: On Property
- Dist. to Telecomm: On Property
Additional Structures
- Other Structures: None
Lot Features
- Property View: Mountain(s), Desert, City Lights
- Mountain views: Yes
- Lot Size (Acres): 1.13
- Lot Size (Sq. Ft.): 49,023
- Lot Dimensions: 221 x 195
- Frontage: Asphalt
- Lot Features: Corner Lot, Gated Community, Guarded Entry, North/South Exp
- Development Status: Other, See Remarks, Subdivision Plat Apv, Plans Available, Plans Included, Off Site Imp Complte, On Site Imp Cmplete, Prelim Eng Included
- Trees/Vegetation: Natural Vegetation
- Zoning: R-35
Financial Considerations
- Association Fee: $1,288
- Assoc Fee Freq.: Semi-Annually
- Tax Amount: $1,956
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: LOT 23 TRAMONTO PARCEL E1 MCR 073924
- Property ID: 203-25-700
- Range: 2E
- Section: 1
- Lot Number: -
Listed by Realty ONE Group
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Schools
Schools serving 2516 W Praiano Way #-
School District:Deer Valley Unified District
| Name | Grades | Distance |
|---|---|---|
Sunset Ridge Elementary School, Phoenix, AZ 35707 North 33rd Lane, Phoenix, AZ 85086 | K-8 | 1.1 mi |
Boulder Creek High School 40404 N Gavilan Peak Pkwy, Phoenix, AZ 85086 | 9-12 | 3.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2516 W Praiano Way #-
Date
Details
Price
Change
Source
4/28/2026
Listed
$500,000
72.47%
MLS
4/27/2021
Sold
$289,900
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2516 W Praiano Way #-
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,956
—
$19,066
-41%
2025
$1,956
3%
$32,535
24%
2023
$1,900
3%
$26,160
10%
2022
$1,836
—
$23,730
44%
2022
$1,836
-3%
$16,470
-3%
2021
$1,900
2%
$16,950
6%
2020
$1,867
3%
$15,945
-10%
2019
$1,813
3%
$17,640
2%
2018
$1,756
3%
$17,340
3%
2017
$1,699
5%
$16,815
10%
2016
$1,612
5%
$15,345
22%
2015
$1,541
—
$12,587
—
2014
$1,543
—
$12,587
-7%
2013
$1,541
—
$13,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2516 W Praiano Way #-
2516 W Praiano Way #-, Phoenix, AZ 85086 (MLS# 7020514) is a Lots/Land property with a lot size of 1.13 acres. 2516 W Praiano Way #- is currently listed for $500,000 and was received on April 28, 2026. Want to learn more about 2516 W Praiano Way #-? Do you have questions about finding other Lots/Land real estate for sale in Maryvale? You can browse all Maryvale real estate or contact a Coldwell Banker agent to request more information.

