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$24,000,000 Just Listed
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Property Description
The famous MERRY CHRISTMAS house can now be yours! Perched high above the city atop the south slope of Camelback Mountain, the 23.66-acre property has the most exquisite sweeping views of the entire Valley below. This is one of the last remaining buildable lots on the mountain with unlimited possibilities; subdivide into as many as 4 separate parcels, build a family compound, or leave the current property; all are special opportunities. The existing 4,661square-foot residence, originally built in the 1950s, and influenced by world renown Frank Lloyd Wright has an impressive midcentury modern vibe. Privately gated and surrounded by the beauty of the desert, this estate property combines ultimate privacy, panoramic vistas, and building flexibility. Whether preserved, expanded, or completely The famous MERRY CHRISTMAS house can now be yours! Perched high above the city atop the south slope of Camelback Mountain, the 23.66-acre property has the most exquisite sweeping views of the entire Valley below. This is one of the last remaining buildable lots on the mountain with unlimited possibilities; subdivide into as many as 4 separate parcels, build a family compound, or leave the current property; all are special opportunities. The existing 4,661square-foot residence, originally built in the 1950s, and influenced by world renown Frank Lloyd Wright has an impressive midcentury modern vibe. Privately gated and surrounded by the beauty of the desert, this estate property combines ultimate privacy, panoramic vistas, and building flexibility. Whether preserved, expanded, or completely transformed, this is a once-in-a-lifetime chance to own a piece of Arizona history sitting on one of its most iconic mountain peaks. You will literally be king of the mountain! Conceptual floorplan and site plan designs by architect Mark Candelaria are available for inspiration.
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: 7028875
- Updated: 5/21/2026
- Added to Site: 6 day(s) ago
Interior
- Interior Features: Walk-in Pantry, 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
- Appliances: Refrigerator
- 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.): 1,030,630
- 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 Compass
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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 |
Echo Canyon K-8 4330 North 62nd Street, Scottsdale, AZ 85251 | PK-8 | 1.5 mi |
Cherokee Elementary School 8801 North 56th Street, Paradise Valley, AZ 85253 | PK-5 | 3.8 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 |
Laguna Elementary School, Scottsdale, AZ 10475 East Lakeview Drive, Scottsdale, AZ 85258 | PK-5 | 7.9 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 5500 N Dromedary Rd
Date
Details
Price
Change
Source
5/21/2026
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# 7028875) 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 May 21, 2026. 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.

