2516 W PRAIANO Way -, Phoenix, AZ 85086 (MLS# 7020514)

2516 W PRAIANO Way -, Phoenix, AZ 85086

$450,000

Property Type: Land Lot Size (sq. ft.): 49,023 Status: Active

Current Price: $450,000 List Date: 9/12/2026 Last Modified: 9/12/2026

Overview

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.

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 inclu ... (Read more)

Listing Details MLS# 7020514

Location, Tax & Legal

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

Contract Information

For Sale or Lease?: Sale
Type: Exclusive Right To Sell

General Property Description

Apx Total Acres: 1.13
Apx Total Acres G/N: G
Price Per Acre: 398230.09
Apx SqFt: 49023
Price Per SqFt: 9.18
Apx SqFt G/N: G
Lot Size Dimensions: 221 x 195
Horses: N
Zoning: R-35
Flood Zone: No
Elementary School District: Deer Valley Unified District
High School District: Deer Valley Unified District
High School: Boulder Creek High School

Remarks Misc

Cross Street: Carefree Hwy & 23rd Lane

Legal Info

Township: 5N
Range: 2E
Section: Yes
Lot Number: -

Showing Notification Methods

Showing Service: Aligned Showings

More Information

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