5516 N 24th Street -, Phoenix, AZ 85016
$2,400,000
Property Type:
Land
Lot Size (sq. ft.):
34,989
Status:
Active
Current Price:
$2,400,000
List Date:
10/17/2025
Last Modified:
3/17/2026
Description
Exceptional Biltmore Opportunity - One of the last remaining chances to build your dream estate at the gateway to the world-renowned Biltmore. This extraordinary 34,989 sq ft parcel is perfectly positioned in one of Phoenix's most prestigious and sought-after locations.
Just steps from the vibrant Biltmore Fashion Park, enjoy fine dining, upscale shopping, and elite fitness clubs at your doorstep. With quick access to Sky Harbor Airport, downtown Phoenix, and premier golf courses, this homesite places you at the center of it all.
Offering a remarkable canvas for a modern retreat or timeless luxury residence, this property invites you to create a legacy estate where prestige, lifestyle, and opportunity converge.
More Information MLS# 6935143
Contract Information
Type: Exclusive Right To Sell
For Sale or Lease?: Sale
Current Price: $2,400,000
List Price: $2,400,000
Status: Active
List Date: 2025-10-17
Location, Tax & Legal
Lot #: -
Assessor's Map #: 46
Assessor's Parcel #: 1
Assessor Parcel Ltr: D
Add'l Parcels: No
Tax Municipality: Phoenix
Taxes: 4940.68
Marketing Name: Biltmore
House Number: 5516
Compass: N
Street Name: 24th
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85016
County Code: Maricopa
Assessor Number: 164-46-001-D
Subdivision: San Souci
Tax Year: 2025
General Property Description
Apx Total Acres: 0.8
Apx Total Acres G/N: G
Price Per Acre: 3000000
# Lots in Listing: 1
# Units Allowed: 1
Apx SqFt: 34989
Price Per SqFt: 68.59
Apx SqFt G/N: G
Lot Size Dimensions: 202 x 175
Flood Zone: No
Horses: N
Street Frontage: 175
Elementary School District: Madison Elementary District
High School District: Phoenix Union High School District
Elementary School: Madison Rose Lane School
Jr. High School: Madison #1 Elementary School
High School: Camelback High School
Zoning: R35
Special Listing Cond
N/A: 1
Pmt & Rate Info
Down Payment: 0
Equity: 2500000
Total Owed: 0
Assoc/Prop Info
HOA Y/N: N
PAD Fee Y/N: N
Assessed Balance: 0
HOA 2 Y/N: N
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
See Private Remarks: 1
None: 1
Existing Land Use
Residential Lot: 1
Zoned Presently
Single Family: 1
Potential Use
Single Family: 1
Parcel Size
.50 - .99 Acres: 1
Development Status
Raw Land: 1
Land Features
East/West Exposure: 1
Elevation
1,001 - 2,000 Ft: 1
Elevation Source
Other (See Remarks): 1
Vegetation
Natural Vegetation: 1
Land Configuration
Square Rectangular: 1
Road Access Type
City Street: 1
Road Surface Type
Asphalt: 1
Road Responsibility
City Maintained Road: 1
Fencing
Block: 1
Chain Link: 1
Partial: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Electric
SRP: 1
Topography
Level: 1
Gas
SW Gas: 1
Existing Structures
None: 1
Irrigation
None: 1
Distance to Cable
Call Listing Office: 1
New Financing
Cash: 1
Conventional: 1
Distance to Phone
On Property: 1
Distance to Water
Call Listing Office: 1
Existing 1st Loan
Treat as Free&Clear: 1
Distance to Electric
On Property: 1
Existing 1st Loan Type
Not Applicable: 1
Distance to Gas
Under 350 Feet: 1
Existing 1st Loan Terms
Not Applicable: 1
Distance to Sewer
Call Listing Office: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Use Restrictions
Deed Restrictions: 1
C.C. & R's: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
None: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Contact Info
List Agent Home Phn: 480-797-8461
Existing Other Loan
Not Applicable: 1
Remarks Misc
Cross Street: 24th Street & Missouri
Directions: Head South from Lincoln on 24th Street. Property is on West side of 24th Street just before Missouri.
Geo Lat: 33.517391
Geo Lon: -112.030691
Legal Info
Lot Number: -
Property Features
Special Listing Cond: N/A
Existing Land Use: Residential Lot
Zoned Presently: Single Family
Potential Use: Single Family
Parcel Size: .50 - .99 Acres
Development Status: Raw Land
Land Features: East/West Exposure
Elevation: 1,001 - 2,000 Ft
Elevation Source: Other (See Remarks)
Vegetation: Natural Vegetation
Land Configuration: Square Rectangular
Road Access Type: City Street
Road Surface Type: Asphalt
Road Responsibility: City Maintained Road
Topography: Level
Existing Structures: None
Water Source: City Franchise
Irrigation: None
Sewer: Sewer - Public
Electric: SRP
Gas: SW Gas
Distance to Cable: Call Listing Office
Distance to Phone: On Property
Distance to Water: Call Listing Office
Distance to Electric: On Property
Distance to Gas: Under 350 Feet
Distance to Sewer: Call Listing Office
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Other Loan: Not Applicable
New Financing: Cash; Conventional
Use Restrictions: Deed Restrictions; C.C. & R's
Environmental: None
Lockbox Type: See Private Remarks; None
Fencing: Block; Chain Link; Partial
Listing Office:
Realty ONE Group
Last Updated: March - 17 - 2026
Broker Attribution:
480-797-8461
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