$500,000
2516 W PRAIANO Way -
Phoenix, AZ 85086
MLS# 7020514

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Property Description
Exceptional 1.13-acre corner hillside lot in gated Ponticello at Tramonto with panoramic mountain and city-light views, offering a rare opportunity to build a luxury multi-level or walk-out custom home in one of North Phoenix's most desirable enclaves of high-end estates. Major development work is already complete, including excavation, hard dig, and retaining wall, with prior city hillside and building permits previously approved--saving valuable time, cost, and uncertainty. Seller's custom home plans and permits are included. All city utilities are on site: water, sewer, natural gas, and underground electric. Enjoy Tramonto amenities, Boulder Creek schools, nearby shopping, dining, and quick I-17 access.

Details
Maps
Documents
Contract Information
Type: Exclusive Right To Sell
For Sale or Lease?: Sale
Current Price: $500,000
List Price: $500,000
Status: Active
List Date: 2026-04-28
Location, Tax & Legal
Lot #: -
Assessor's Map #: 25
Legal Description (Abbrev): LOT 23 TRAMONTO PARCEL E1 MCR 073924
Assessor's Parcel #: 700
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 610600
Taxes: 1956
House Number: 2516
Compass: W
Street Name: PRAIANO
St Suffix: Way
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85086
Zip4: 5561
Country: US
County Code: Maricopa
Assessor Number: 203-25-700
Subdivision: TRAMONTO PARCEL E1
Tax Year: 2025
General Property Description
Apx Total Acres: 1.13
Apx Total Acres G/N: G
Price Per Acre: 442477.88
Apx SqFt: 49023
Price Per SqFt: 10.2
Apx SqFt G/N: G
Lot Size Dimensions: 221 x 195
Flood Zone: No
Horses: N
Elementary School District: Deer Valley Unified District
High School District: Deer Valley Unified District
High School: Boulder Creek High School
Zoning: R-35
Legal Info
Range: 2E
Section: 1
Township: 5N
Lot Number: -
Special Listing Cond
N/A: 1
Pmt & Rate Info
Equity: 500000
Total Owed: 0
Assoc/Prop Info
HOA Y/N: Y
HOA Transfer Fee: 400
HOA Fee: 1288
HOA Paid (Freq): Semi-Annually
HOA Name: AAM Property Mngmnt
HOA Telephone: 602-957-9191
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
1.00 - 2.49 Acres: 1
Development Status
Subdivision Plat Apv: 1
Plans Available: 1
Plans Included: 1
Off Site Imp Complte: 1
On Site Imp Cmplete: 1
Prelim Eng Included: 1
Other: 1
See Remarks: 1
Land Features
Corner Lot: 1
Gated Community: 1
Guarded Entry: 1
North/South Exp: 1
View
Desert: 1
City Lights: 1
Mountain(s): 1
Vegetation
Natural Vegetation: 1
Land Configuration
Irregular Shape: 1
Road Surface Type
Asphalt: 1
Fencing
None: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Electric
APS: 1
Underground: 1
Topography
Level: 1
Hillside: 1
Gas
SW Gas: 1
Existing Structures
None: 1
Distance to Cable
On Property: 1
New Financing
Cash: 1
Conventional: 1
Distance to Phone
On Property: 1
Distance to Water
On Property: 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
On Property: 1
Existing 1st Loan Terms
Not Applicable: 1
Distance to Sewer
On Property: 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
Hillside Ordinance: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
None: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Other Loan
Not Applicable: 1
Remarks Misc
Cross Street: Carefree Hwy & 23rd Lane
Geo Lat: 33.812359
Geo Lon: -112.112902
Property Features
Special Listing Cond: N/A
Existing Land Use: Residential Lot
Zoned Presently: Single Family
Potential Use: Single Family
Parcel Size: 1.00 - 2.49 Acres
Development Status: Subdivision Plat Apv; Plans Available; Plans Included; Off Site Imp Complte; On Site Imp Cmplete; Prelim Eng Included; Other; See Remarks
Land Features: Corner Lot; Gated Community; Guarded Entry; North/South Exp
View: Desert; City Lights; Mountain(s)
Vegetation: Natural Vegetation
Land Configuration: Irregular Shape
Road Surface Type: Asphalt
Topography: Level; Hillside
Existing Structures: None
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS; Underground
Gas: SW Gas
Distance to Cable: On Property
Distance to Phone: On Property
Distance to Water: On Property
Distance to Electric: On Property
Distance to Gas: On Property
Distance to Sewer: On Property
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; Hillside Ordinance
Environmental: None
Lockbox Type: See Private Remarks; None
Fencing: None
Supplements
hillside lot offers exceptional design potential with panoramic mountain and city-light views, perfect for a luxury multi-level or walk-out design. Located in a gated enclave of high-end custom homes, builders can deliver a standout finished product in a prestigious community with strong resale demand. *Enjoy access to Tramonto HOA amenities including pools, tennis courts, playgrounds, and walking trails, plus proximity to top-rated Boulder Creek schools, shopping, dining, and I-17 access. *All the groundwork is done - start building right away and bring your next showcase home to life.
IDX
Listing Office: Realty ONE Group

Last Updated: April - 29 - 2026

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