Redfin is joining Rocket

Discover how we're simplifying your journey home.

$30,000,000

5500 N Dromedary Rd Unit V Phoenix, AZ 85018

23.7 acres
Land

Property details

About 5500 N Dromedary Rd Unit V

Set on a generous 23.66 acres, this remarkable property also boasts incredible potential for future development, with subdividable land offering the opportunity for up to 4 parcels. The possibilities are endless, from creating a family compound to building multiple luxury estates. With its prime location, iconic status, and incredible potential, this estate is truly one of a kind - an opportunity that will not come again. The property is privately gated, ensuring seclusion and security while being just moments away from the heart of the city.

Highlights

Home typeOther
StatusActive
Lot size23.66 Acres
MLS #6848727
ViewMountain(s), Panoramic, Desert, City

Summary

  • View: Mountain(s), Panoramic, Desert, City
  • List Price: $30,000,000
  • Lot: East/West Exposure
  • Directions: From Camelback Rd and Arcadia Drive head W on Camelback. Turn North on Dromedary Rd. Follow the rd up into the mountain until the road narrows. Do not go up drive unaccompanied, gated half way up.
  • Lot Size: 23.66 Acres
  • MLS Number: 6848727
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: RETSY
  • Office Phone: (602) 842-0000
  • Office Email: Matthew@Retsy.com
  • Listing Agent: Rebecca Hoyt, Shawna Warner

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/5/2025, 11:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

9

Hopi Elementary School

Public District KG-5

1.0 mi

5110 E Lafayette Blvd

5

Tavan Elementary School

Public District PK-5

1.7 mi

4610 E Osborn Rd

9

Kiva Elementary School

Public District PK-5

2.2 mi

6911 E McDonald Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $181,944. Most Phoenix, AZ residents have annual incomes $200k+. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

9%
<35k
11%
35k-100k
34%
100k-200k
46%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

31%
Single, No Kids
5%
Single, with Kids
45%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
10%
12-17 yrs old
6%
18-34 yrs old
46%
35-64 yrs old
28%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Skiing/snowboardingSkiing/snowboarding
  • Men's TennisMen's Tennis

Where do the neighbors shop?

  • Chico'sChico's
  • NordstromNordstrom
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • California Pizza KitchenCalifornia Pizza Kitchen
  • QdobaQdoba

What do the neighbors drive?

  • CadillacCadillac
  • BMWBMW
  • LexusLexus

What do the neighbors listen to?

  • ClassicalClassical
  • Talk/PersonalityTalk/Personality
  • NewsNews
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 5500 N Dromedary Rd Unit V

The listing price of 5500 N Dromedary Rd Unit V property is $30,000,000.

The property 5500 N Dromedary Rd Unit V is land located in Phoenix, Arizona, 85018.

Active Listing: 5500 N Dromedary Rd Unit V is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5500 N Dromedary Rd Unit V are: Hopi Elementary School (GreatSchools Rating 9/10), Tavan Elementary School (GreatSchools Rating 5/10), Kiva Elementary School (GreatSchools Rating 9/10), Echo Canyon School (GreatSchools Rating 5/10), Ingleside Middle School (GreatSchools Rating 6/10), Biltmore Preparatory Academy (GreatSchools Rating 5/10), Arcadia High School (GreatSchools Rating 5/10), Great Hearts Academies - Archway Veritas (GreatSchools Rating 9/10), Great Hearts Academies - Veritas Preparatory (GreatSchools Rating 9/10).

The property 5500 N Dromedary Rd Unit V is 23.66 acres.

This home is located at 5500 N Dromedary Rd Unit V in Phoenix, AZ and zip code 85018 in the Camelback Mountain neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 9, 2025 and is currently priced at $30,000,000.

In June 2025, from all listings sold in Phoenix, AZ there were more than 188 sold above asking price, over 788 sold below and more than 341 were sold right at the asked price. Between May and June 2025, Phoenix, AZ real estate market has seen decrease in the number of listings by 0.2%. While the average time on the market in June 2025 was 67 days, the median list price was $460,087.

From Rocket Homes Real Estate and based on county public records data.

More resources