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$24,000,000
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Property Description
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.
Full Property Details
Full Property Details for 5500 N Dromedary Rd
General
- Price: $24,000,000
- Taxes: $17,144 (2025)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6950226
- Updated: 11/21/2025
- Added to Site: 56 day(s) ago
Interior
- Interior Features: Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Exterior Fireplace, Gas
- Flooring: Carpet, Stone
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Other Rooms
- Laundry: Wshr/Dry HookUp Only
Additional Information
- Pool: Yes
- Pool Description: Diving Pool
Location
- County: Maricopa
- Township: 2N
- Subdivision: --
- Cross Streets: Camelback Rd and Arcadia Drive
Community
- Assoc. Fees Include: No Fees
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Natural Gas
Utilities
- Water: City Water
Structural Information
- Architectural Style: Contemporary,
- Exterior Const.: Painted, Stone, Block
- Roof: Foam
- Sq. Ft. Source: Assessor
- Year Built: 1950
Lot Features
- Property View: Mountain(s)
- Mountain views: Yes
- Lot Size (Acres): 23.66
- Lot Size (Sq. Ft.): 1,030,629
- Lot Size Source: Assessor
- Lot Features: North/South Exposure, Hillside Lot, Borders Preserve/Public Land, Desert Back, Desert Front, Natural Desert Back, Grass Back, Natural Desert Front, Irrigation Back
Financial Considerations
- Tax Amount: $17,144
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: ARCADIA REPLAT MCR 15/49 PT BLOCK V & PT OBRIENS CAMELBACK LANDS EX P/D 10710/1134 & EX P/D 9950/643
- Property ID: 172-49-047-D
- Range: 4E
- Section: 17
- Lot Number: -
Listed by Retsy
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Schools
Schools serving 5500 N Dromedary Rd
School District:Scottsdale Unified District
| Name | Grades | Distance |
|---|---|---|
Hopi Elementary School 5110 East Lafayette Boulevard, Phoenix, AZ 85018 | K-5 | 1 mi |
Ingleside Middle School 5402 East Osborn Road, Phoenix, AZ 85018 | 6-8 | 1.6 mi |
Arcadia High School 4703 East Indian School Road, Phoenix, AZ 85018 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5500 N Dromedary Rd
Date
Details
Price
Change
Source
11/21/2025
Listed
$24,000,000
—
MLS
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 5500 N Dromedary Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$17,144
5%
$505,624
6%
2024
$16,347
2%
$476,557
11%
2023
$16,006
5%
$428,527
22%
2022
$15,281
—
$352,043
23%
2022
$15,281
-4%
$286,356
18%
2021
$15,860
2%
$243,332
1%
2020
$15,617
-8%
$242,048
33%
2019
$17,024
-5%
$181,658
-4%
2018
$17,877
-4%
$188,617
-10%
2017
$18,605
3%
$208,786
-5%
2016
$18,110
8%
$219,060
2%
2015
$16,716
3%
$215,818
22%
2014
$16,242
7%
$176,521
15%
2013
$15,237
—
$153,869
—
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 5500 N Dromedary Rd
5500 N Dromedary Road, Phoenix, AZ 85018 (MLS# 6950226) is a Single Family property with 1 bedroom and 2 full bathrooms. 5500 N Dromedary Road is currently listed for $24,000,000 and was received on November 21, 2025. Want to learn more about 5500 N Dromedary Road? Do you have questions about finding other Single Family real estate for sale in Camelback East? You can browse all Camelback East real estate or contact a Coldwell Banker agent to request more information.

