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● For sale

$2,350,000

5434 E LINCOLN Drive 4, Paradise Valley, AZ 85253

COLONIA MIRAMONTE · Maricopa County

2 beds 3 baths 2,457 sqft 0.23 acres Built 1967 $956 /sqft HOA $2,300/qtr

95 days on market

What's special

Fireplace
2-car garage

Description

PARADISE VALLEY - GATED CUL-DE-SAC LOT Huge price reduction-by far the best value in Colonia Miramonte! Solid opportunity for buyers and builders ready to start anew. Located in the heart of Paradise Valley in the highly regarded, gated community of Colonia Miramonte, this cul-de-sac property offers privacy, a coveted location, and real potential. The existing 2,457 sq ft home is a rehab/teardown, providing the opportunity for a new custom residence, designed to your specifications. Colonia Miramonte is established and well-maintained, with many neighboring properties in the $4M+dollar range. Direct proximity to Camelback Resort means world-class golf, spa services, and fine dining are essentially at your doorstep, while the guard-gated setting keeps things secure, secluded and private. and prestigious cities. If you're looking for a buildable, proven location, this is worth serious consideration. Bring your builder. The time is now.

Property details

Interior

Bedrooms

Bedrooms: 2

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

Interior Features

Full Bth Master Bdrm
Double Vanity
High Speed Internet
Flooring: Carpet, Tile

Appliances

Dishwasher
Disposal
Refrigerator
Laundry Features: Inside

Heating and Cooling

Cooling Features: Central Air
Heating Features: Natural Gas
Fireplace: Yes
Fireplace Features: Living Room, Gas

Other Interior

Stories: 1

Exterior

Exterior and Lot Features

Private Street(s)
Private Yard
Patio and Porch Features: Patio
Fencing: Partial, Back Yard

Land Info

Cul-De-Sac
East/West Exposure
Desert Front
Lot Size Acres: 0.23
Lot Size Square Feet: 10,212

Garage and Parking

Garage Spaces: 2
Attached Garage: No
Parking Features: Garage Door Opener, Attch'd Gar Cabinets, Carport, Attached Garage

Community

Homeowners Association

Association: Yes
Association Fee: $2,300
Association Fee Frequency: Quarterly
Calculated Total Monthly Association Fees: $767
Association Fee Includes: Water, Sewer, Trash, Maintenance Grounds, Street Maint

Neighborhood

Subdivision: COLONIA MIRAMONTE

Listing

Other Property Info

Annual Tax Amount: $6,082
Source Listing Status: Active
County: Maricopa
Directions: From entrance to the Camelback Inn, stay right, follow sign to Colonia Miramonte into the Guard Gated community.
Property Subtype: Single Family Residence
Parcel Number: 169-28-008
Postal City: Paradise Valley
Listing Date: 2/25/2026
MLS#: 6989622

Features

Building and Construction

Total Square Feet Living: 2,457
Year Built: 1967
Property Age: 59
Architectural Style: Ranch, Spanish, Mid-Century Modern
Construction Materials: Block, Adobe, Painted, Brick Veneer
Roof: Built-Up, Rolled/Hot Mop
Stories: 1
Living Area Source: Owner

Utilities

Water Source: Public

Contact Us

Ask a question or schedule a showing

Listed by Perry Landon Wright& Robin Leigh Realty ONE Group

Listing updated: May 28, 2026

MLS#: 6989622

Data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Arizona Regional Multiple Listing Service. 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. The data is deemed reliable but is not guaranteed accurate by the MLS.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.