For sale

$24,000,000

Est. $139,807/mo —

•

4,641

sq ft

5500 N Dromedary Rd, Phoenix, AZ 85018

About this home

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.

Single-familyProperty Type

1950Year Built

23.66 acresLot Size

$5,171Price/Sq.Ft.

9 spacesParking

Listed by Robert Joffe • Compass

Listed by Jonah Joffe • Compass

Listing updated: Aug 11, 2026 at 10:32am

Redfin checked: 5 minutes ago

•Source:ARMLS #7028875

Payment calculator

$139,807 per month

Principal and interest$130,978

Property taxes

$1,429

HOA dues

Home insurance

$7,400

Utilities

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Mortgage resources

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Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN SAT, 9:30AM TO 11:30AM
$300,000
2 beds1 bath930 sq ft
7950 E Camelback Rd #704, Scottsdale, AZ 85251
REDFIN OPEN SAT, 10AM TO 1PM3D WALKTHROUGH
$400,000
3 beds2 baths1,403 sq ft
2417 W Monte Cristo Ave, Phoenix, AZ 85023
OPEN SAT, 10AM TO 1PM3D WALKTHROUGH
$395,000
2 beds2 baths1,277 sq ft
5104 N 32nd St #144, Phoenix, AZ 85018
REDFIN OPEN SAT, 11AM TO 2PM3D WALKTHROUGH
$475,000
3 beds2 baths1,531 sq ft
17826 N 13th Pl, Phoenix, AZ 85022
REDFIN OPEN SAT, 11AM TO 2PM3D & VIDEO TOUR
$375,000
3 beds2.5 baths2,334 sq ft
2607 W Bloch Rd, Phoenix, AZ 85041
OPEN SAT, 11AM TO 3PM
$955,000
3 beds2.5 baths2,301 sq ft
17018 N 57th St, Scottsdale, AZ 85254
OPEN SAT, 11AM TO 3PM
$1,800,000
5 beds3.5 baths3,161 sq ft
9420 N 38th St, Phoenix, AZ 85028
OPEN SAT, 11AM TO 2PM
$950,000
4 beds2 baths1,972 sq ft
10583 E Tierra Buena Ln, Scottsdale, AZ 85255
OPEN SAT, 11AM TO 1PM
$450,000
3 beds2 baths2,526 sq ft
2214 W Keim Dr, Phoenix, AZ 85015
REDFIN OPEN SAT, 12PM TO 3PM3D WALKTHROUGH
$799,950
4 beds2 baths2,079 sq ft
314 E Marconi Ave, Phoenix, AZ 85022

Around this home

Schools

K - 12
Preschool & daycare

Hopi Elementary School

Public K-5 • Assigned • 1.0mi

9/10

Echo Canyon K-8

Public PreK-8 • Assigned • 1.5mi

8/10

Arcadia High School

Public 9-12 • Assigned • 1.5mi

9/10

Provided by GreatSchools

About Camelback

East

Camelback East, located between Piestewa Peak and Papago Park, is a residential and commercial Phoenix neighborhood with mid-century ranch streetscapes and mountain-framed desert views. The neighborhood’s character concentrates around 40th Street and Camelback Road, where patios, boutiques, and coffee counters set a steady, walkable rhythm. The Henry anchors the scene with a polished dining room and lively bar. The global galleries and design-forward campus at Phoenix Art Museum add cultural gravity nearby. Arcadia’s citrus-era grid and Biltmore-area modernism shape the architecture, from low-slung homes to sleek condos. Trailheads and canal paths thread daily routines with outdoor time.

Provided by Walk Score and Local Logic

Market insights

5500 N Dromedary Rd · $24,000,000

DAYS ON MARKET

The average home goes pending in 66 days.

SALE-TO-LIST

Most homes are selling 2% below list price.

LIST PRICE

Median list price in this area is $523,638. (98% lower than this home)

PRICE DROP

23% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Interior features
Granite counters
Double vanity
Eat-in kitchen
Kitchen island
Pantry
Full bath in primary bedroom
Separate shower and tub
Tub with jets
Exterior gas fireplace

Bedrooms
1 possible additional bedroom

Bathrooms
2 full bathrooms
1 half bathroom

Kitchen
Kitchen island
Walk-in pantry
Pantry
Refrigerator included

Laundry & utility
Washer/dryer hookup only

Flooring
Carpet
Stone

Heating & cooling
Natural gas heating
Central air conditioning

Sale and tax history for 5500 N Dromedary Rd

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2025

$17,144 (+4.9%)

2024

$16,347 (+2.1%)

2023

$16,006 (+4.7%)

2022

$15,281 (−3.6%)

$66,716 + $219,640

$286,356

2021

$15,860 (+1.6%)

$56,692 + $186,640

$243,332

2020

$15,617 (−8.3%)

$56,388 + $185,660

$242,048

2019

$17,024 (−4.8%)

$42,318 + $139,340

$181,658

2018

$17,877 (−3.9%)

$42,318 + $139,340

$181,658

2017

$18,605 (+2.7%)

$48,636 + $160,150

$208,786

2016

$18,109 (+8.3%)

$51,030 + $168,030

$219,060

2015

$16,716 (+2.9%)

$51,628 + $164,190

$215,818

2014

$16,241 (+6.6%)

$42,231 + $134,290

$176,521

2013

$15,237 (+2.2%)

$36,809 + $117,060

$153,869

2012

$14,917 (−20.6%)

$37,564 + $119,450

$157,014

2011

$18,780 (−8.5%)

$50,282 + $159,910

$210,192

2010

$20,528 (+7.9%)

$64,296 + $204,450

$268,746

2009

$19,021

$67,858 + $191,970

$259,828

Public record

Public record
Zoning

Beds

—

Baths

Stories

Lot width

—

Lot depth

—

Lot size

17.36 Acres

Year renovated

—

Finished Sq. Ft.

4,641

Unfinished Sq. Ft.

—

Total Sq. Ft.

4,641

Year built

1950

Style

Single Family Residential

County

Maricopa County

APN

17249047D

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 6, 2026.

RE-35

ARCADIA CAMELBACK SPD

Single-Family Residence District

A basic purpose of these regulations is to foster the creation of living areas which can assist the establishment of stable, functional neighborhoods. An established pattern of living in this metropolitan area reflects a tradition of single-family occupied dwellings which also emphasize outdoor living. Many of these dwellings are thereby located on relatively large urban or suburban lots; These regulations provide standards for dwellings built at low and moderate densities. While the predominant housing type is expected to be single-family dwelling, provisions are made for alternative housing types within the same density limits.

Zone overlays

Permitted uses

Include but are not limited to:

Religious facility
Public service
Educational/school

Local insights from Redfin agents

The Biltmore area is where Phoenix goes to dress up a little—palm-lined streets, beautiful homes, great restaurants, upscale shopping, and just enough golf carts to remind you that leisure is taken seriously here. It’s sophisticated without being...
3 weeks ago • Phoenix
Max Shadle
Redfin Premier agent • Principal Agent
529 deals
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Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

2/10 Fire Factor

0.00% chance of being in a wildfire in next 30 years

8/10 Heat Factor

4 days above 111° expected this year, 12 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Phoenix, AZ • 85018

Average low and high temperatures (°F)

103

104

105

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

86/ 100

Very good sunlight

Sunscore

This home receives average direct sun exposure in Phoenix. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

11.4 hrs

8.3 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 5500 N Dromedary Rd

We cannot show automated home-value estimates for this home.

Nearby homes have recently sold between $2,235,000 and $6,275,000.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $2.2M to $6.3M.

SOLD JUN 10, 2026
$3,800,000 Last sold price
3 beds5.5 baths4,512 sq ft
5984 N Echo Canyon Dr, Phoenix, AZ 85018
$4329/sq ft
smaller lot
29 years newer
SOLD JUL 6, 2026
$3,700,000 Last sold price
3 beds3 baths4,038 sq ft
6306 N Camelback Manor Dr, Paradise Valley, AZ 85253
$4255/sq ft
smaller lot
5 years newer
SOLD JUN 30, 2026
$4,275,000 Last sold price
5 beds5 baths6,215 sq ft
4909 N 45th Pl, Phoenix, AZ 85018
$4483/sq ft
smaller lot
64 years newer
SOLD MAY 11, 2026
$2,550,000 Last sold price
5 beds4.5 baths5,563 sq ft
5275 N Camelhead Rd, Phoenix, AZ 85018
$4713/sq ft
smaller lot
26 years newer
SOLD APR 29, 2026
$6,275,000 Last sold price
5 beds6 baths5,787 sq ft
4535 N 49th Pl, Phoenix, AZ 85018
$4087/sq ft
smaller lot
67 years newer
SOLD JUN 25, 2026
$2,235,000 Last sold price
4 beds3 baths4,367 sq ft
4601 E Solano Dr, Phoenix, AZ 85018
$4659/sq ft
smaller lot
24 years newer

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New listings for sale in 85018

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OPEN FRI, 10AM TO 1PM

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3D WALKTHROUGH

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Details provided by ARMLS and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Mortgage resources

See this home in person

Nearby open houses (10)

Around this home

Schools

Market insights

Property details

Sale and tax history for 5500 N Dromedary Rd

Public record

Local insights from Redfin agents

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 5500 N Dromedary Rd

Early Access listings

Nearby similar homes

New listings for sale in 85018

More real estate resources